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<PAGE>
PAGE 22
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<PAGE>
PAGE 23
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<PAGE>
PAGE 24
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SIGNATURE JOE DIMAGGIO
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> International Investors Gold
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 305,974,264
<INVESTMENTS-AT-VALUE> 507,630,598
<RECEIVABLES> 4,225,315
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 511,855,913
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,887,747
<TOTAL-LIABILITIES> 3,942,575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 292,705,909
<SHARES-COMMON-STOCK> 36,563,365
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,291,152)
<ACCUMULATED-NET-GAINS> 14,927,653
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,291,152)
<NET-ASSETS> 507,913,338
<DIVIDEND-INCOME> 4,632,295
<INTEREST-INCOME> 640,865
<OTHER-INCOME> 0
<EXPENSES-NET> (4,125,472)
<NET-INVESTMENT-INCOME> 1,147,688
<REALIZED-GAINS-CURRENT> 14,875,559
<APPREC-INCREASE-CURRENT> 20,297,285
<NET-CHANGE-FROM-OPS> 36,320,532
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,946,285
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102,856,187
<NUMBER-OF-SHARES-REDEEMED> (105,386,946)
<SHARES-REINVESTED> 101,040
<NET-CHANGE-IN-ASSETS> (12,601,771)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 440,461
<GROSS-ADVISORY-FEES> 2,221,418
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,136,780
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> Gold Resources
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 108,253,888
<INVESTMENTS-AT-VALUE> 152,527,813
<RECEIVABLES> 882,777
<ASSETS-OTHER> 1,735
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 153,412,325
<PAYABLE-FOR-SECURITIES> 146,622
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 620,620
<TOTAL-LIABILITIES> 767,242
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 180,891,800
<SHARES-COMMON-STOCK> 25,209,732
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,625,055)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (70,893,939)
<ACCUM-APPREC-OR-DEPREC> 44,272,277
<NET-ASSETS> 152,645,083
<DIVIDEND-INCOME> 607,248
<INTEREST-INCOME> 68,887
<OTHER-INCOME> 0
<EXPENSES-NET> 1,524,390
<NET-INVESTMENT-INCOME> (848,255)
<REALIZED-GAINS-CURRENT> 11,003,665
<APPREC-INCREASE-CURRENT> 5,183,283
<NET-CHANGE-FROM-OPS> 15,338,693
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,420,742
<NUMBER-OF-SHARES-REDEEMED> (12,171,507)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (3,329,293)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 671,349
<OVERDIST-NET-GAINS-PRIOR> 81,870,180
<GROSS-ADVISORY-FEES> 655,810
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,524,390
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 5.58
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 0.52
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.06
<EXPENSE-RATIO> 1.77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> Gold Opportunity
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 7,992,165
<INVESTMENTS-AT-VALUE> 7,464,349
<RECEIVABLES> 1,599,505
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9,063,854
<PAYABLE-FOR-SECURITIES> 884
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 39,340
<TOTAL-LIABILITIES> 40,224
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,525,326
<SHARES-COMMON-STOCK> 825,396
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 7,146
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32,233
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (541,075)
<NET-ASSETS> 9,023,630
<DIVIDEND-INCOME> 15,504
<INTEREST-INCOME> 14,630
<OTHER-INCOME> 0
<EXPENSES-NET> (863,695)
<NET-INVESTMENT-INCOME> 2,353,323
<REALIZED-GAINS-CURRENT> (3,110,655)
<APPREC-INCREASE-CURRENT> (1,620,758)
<NET-CHANGE-FROM-OPS> (2,378,090)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,346,147
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,185,839
<NUMBER-OF-SHARES-REDEEMED> (24,283,138)
<SHARES-REINVESTED> 1,577,957
<NET-CHANGE-IN-ASSETS> (22,243,579)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3,691
<GROSS-ADVISORY-FEES> 371,818
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 863,695
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> Global Income
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 89,004,522
<INVESTMENTS-AT-VALUE> 89,427,093
<RECEIVABLES> 2,070,696
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,497,789
<PAYABLE-FOR-SECURITIES> 799,773
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 566,257
<TOTAL-LIABILITIES> 1,366,030
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 96,147,442
<SHARES-COMMON-STOCK> 10,488,383
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 741,908
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7,041,420)
<ACCUM-APPREC-OR-DEPREC> 283,829
<NET-ASSETS> 90,131,759
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,217,018
<OTHER-INCOME> 0
<EXPENSES-NET> (863,695)
<NET-INVESTMENT-INCOME> 2,353,323
<REALIZED-GAINS-CURRENT> (3,110,655)
<APPREC-INCREASE-CURRENT> (1,620,758)
<NET-CHANGE-FROM-OPS> (2,378,090)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,346,147
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,185,839
<NUMBER-OF-SHARES-REDEEMED> (24,283,138)
<SHARES-REINVESTED> 1,577,957
<NET-CHANGE-IN-ASSETS> (22,243,579)
<ACCUMULATED-NII-PRIOR> 566,675
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 7,112,964
<GROSS-ADVISORY-FEES> 371,818
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 863,695
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> Asia Dynasty
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 59,644,174
<INVESTMENTS-AT-VALUE> 78,783,047
<RECEIVABLES> 3,548,224
<ASSETS-OTHER> 64,251
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 82,395,522
<PAYABLE-FOR-SECURITIES> 339,050
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,364,657
<TOTAL-LIABILITIES> 1,703,707
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 67,914,564
<SHARES-COMMON-STOCK> 2,323,009
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1,470,373
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 4,877,688
<ACCUM-APPREC-OR-DEPREC> 19,125,312
<NET-ASSETS> 80,691,815
<DIVIDEND-INCOME> 763,815
<INTEREST-INCOME> 53,696
<OTHER-INCOME> 0
<EXPENSES-NET> 1,245,421
<NET-INVESTMENT-INCOME> (427,910)
<REALIZED-GAINS-CURRENT> 469,369
<APPREC-INCREASE-CURRENT> 5,508,884
<NET-CHANGE-FROM-OPS> 5,550,343
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,358,349
<NUMBER-OF-SHARES-REDEEMED> 5,520,002
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (10,817,178)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 997,751
<OVERDIST-NET-GAINS-PRIOR> 5,391,769
<GROSS-ADVISORY-FEES> 351,836
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,245,421
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> Global Balanced
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 24,112,671
<INVESTMENTS-AT-VALUE> 30,528,218
<RECEIVABLES> 1,915,406
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,443,624
<PAYABLE-FOR-SECURITIES> 346,621
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 181,663
<TOTAL-LIABILITIES> 528,284
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23,925,547
<SHARES-COMMON-STOCK> 2,984,196
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 103,377
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,351,460
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,534,956
<NET-ASSETS> 31,915,340
<DIVIDEND-INCOME> 169,978
<INTEREST-INCOME> 425,840
<OTHER-INCOME> 0
<EXPENSES-NET> 418,551
<NET-INVESTMENT-INCOME> 177,267
<REALIZED-GAINS-CURRENT> 2,579,041
<APPREC-INCREASE-CURRENT> (1,342,793)
<NET-CHANGE-FROM-OPS> 1,413,515
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,252,022
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 115,146
<NUMBER-OF-SHARES-REDEEMED> 711,693
<SHARES-REINVESTED> 12,747
<NET-CHANGE-IN-ASSETS> (6,119,285)
<ACCUMULATED-NII-PRIOR> 53,307
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 1,193,285
<GROSS-ADVISORY-FEES> 128,504
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 418,551
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> Global Hard Assets
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 8,643,417
<INVESTMENTS-AT-VALUE> 9,427,160
<RECEIVABLES> 1,156,471
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10,583,631
<PAYABLE-FOR-SECURITIES> 558,415
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 112,071
<TOTAL-LIABILITIES> 670,486
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,668,602
<SHARES-COMMON-STOCK> 781,259
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,854)
<ACCUMULATED-NET-GAINS> 470,277
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 821,120
<NET-ASSETS> 9,958,145
<DIVIDEND-INCOME> 54,648
<INTEREST-INCOME> 24,536
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 79,184
<REALIZED-GAINS-CURRENT> 465,790
<APPREC-INCREASE-CURRENT> 495,181
<NET-CHANGE-FROM-OPS> 1,040,155
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 76,466
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 615,425
<NUMBER-OF-SHARES-REDEEMED> (215,933)
<SHARES-REINVESTED> 5,396
<NET-CHANGE-IN-ASSETS> 5,957,423
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 85
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32,350
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 108,371
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> US GOVT MONEY
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 104,481,295
<INVESTMENTS-AT-VALUE> 104,481,295
<RECEIVABLES> 270,677
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 104,751,972
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 300,530
<TOTAL-LIABILITIES> 30,530
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 104,451,442
<SHARES-COMMON-STOCK> 104,451,442
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
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<NAME> ASIA INFRASTRUCTURE
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