<PAGE> PAGE 1
000 B000000 12/31/96
000 C000000 0000778536
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.
000 J000000 U
001 A000000 VKAC LIFE INVESTMENT TRUST
001 B000000 811-04424
001 C000000 6306846000
002 A000000 ONE PARKVIEW PLAZA
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 9
007 C020100 ENTERPRISE FUND
007 C030100 N
007 C020200 DOMESTIC INCOME FUND
007 C030200 N
007 C020300 GOVERNMENT FUND
007 C030300 N
007 C020400 MONEY MARKET FUND
007 C030400 N
007 C020500 ASSET ALLOCATION FUND
007 C030500 N
007 C020600 EMERGING GROWTH FUND
007 C030600 N
007 C020700 GLOBAL EQUITY FUND
007 C030700 N
007 C020800 REAL ESTATE FUND
007 C030800 N
007 C020900 GROWTH AND INCOME
007 C030900 N
008 A000101 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000101 A
008 C000101 801-8286
008 D010101 OAKBROOK TERRACE
008 D020101 IL
008 D030101 60181
008 A000201 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000201 A
008 C000201 801-8286
008 D010201 OAKBROOK TERRACE
008 D020201 IL
<PAGE> PAGE 2
008 D030201 60181
008 A000301 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000301 A
008 C000301 801-8286
008 D010301 OAKBROOK TERRACE
008 D020301 IL
008 D030301 60181
008 A000401 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000401 A
008 C000401 801-8286
008 D010401 OAKBROOK TERRACE
008 D020401 IL
008 D030401 60181
008 A000501 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000501 A
008 C000501 801-8286
008 D010501 OAKBROOK TERRACE
008 D020501 IL
008 D030501 60181
008 A000601 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000601 A
008 C000601 801-8286
008 D010601 OAKBROOK TERRACE
008 D020601 IL
008 D030601 60181
008 A000701 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000701 A
008 C000701 801-8286
008 D010701 OAKBROOK TERRACE
008 D020701 IL
008 D030701 60181
008 A000702 JOHN GOVETT & CO., LTD.
008 B000702 S
008 C000702 801-6229
008 D010702 LONDON
008 D050702 ENGLAND
008 D060702 SE1 24R
008 A000801 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000801 A
008 C000801 801-8286
008 D010801 OAKBROOK TERRACE
008 D020801 IL
008 D030801 60181
008 A000802 HINES INTEREST REALTY ADVISERS
008 B000802 S
008 C000802 801-46563
008 D010802 HOUSTON
008 D020802 TX
008 D030802 77056
008 A000901 VAN KAMPEN AMERICAN CAPITAL ASSET MGNT, INC
008 B000901 A
<PAGE> PAGE 3
008 C000901 801-8286
008 D010901 OAKBROOK TERRACE
008 D020901 IL
008 D030901 60181
011 A00AA01 VAN KAMPEN AMERICAN CAPITAL DISTRIBUTORS, INC
011 B00AA01 8-19903
011 C01AA01 OAKBROOK TERRACE
011 C02AA01 IL
011 C03AA01 60181
012 A00AA01 ACCESS INVESTOR SERVICES, INC.
012 B00AA01 84-01621
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64141
012 C04AA01 9256
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 HOUSTON
013 B02AA01 TX
013 B03AA01 77002
014 A00AA01 MORGAN STANLEY & CO., INCORPORATED
014 B00AA01 8-
014 B00AA02 8-
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02105
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 114
019 C00AA00 VANKAMPENA
020 A000001 SALOMON BROTHERS
020 B000001 13-3082694
020 C000001 162
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002 41
020 A000003 PAINE WEBBER
020 B000003 13-2638166
020 C000003 36
020 A000004 SMITH BARNEY
020 B000004 13-1912900
020 C000004 33
020 A000005 CREDIT AGRICOLE
020 B000005 13-3518368
020 C000005 26
020 A000006 GOLDMAN SACHS
020 B000006 13-5108880
020 C000006 21
020 A000007 MONTGOMERY SECURITIES
<PAGE> PAGE 4
020 B000007 94-1701676
020 C000007 20
020 A000008 GREENSTREET ADVISORS, INC
020 B000008 33-0275837
020 C000008 19
020 A000009 MORGAN STANLEY
020 B000009 13-2655998
020 C000009 19
020 A000010 FIRST BOSTON
020 B000010 13-5659485
020 C000010 19
021 000000 642
022 A000001 LEHMAN BROTHERS
022 B000001 13-2518466
022 C000001 1370708
022 D000001 536
022 A000002 BA SECURITIES
022 B000002 95-4035346
022 C000002 1191697
022 D000002 0
022 A000003 SBC CAPITAL MARKETS INC
022 B000003 13-2639550
022 C000003 1171150
022 D000003 0
022 A000004 STATE STREET BANK & TRUST
022 B000004 04-1867445
022 C000004 585680
022 D000004 0
022 A000005 DONALDSON LUFKIN JENNRETTE
022 B000005 13-2741729
022 C000005 382101
022 D000005 41471
022 A000006 PRUDENTIAL SECURITIES
022 B000006 22-2347336
022 C000006 242288
022 D000006 10400
022 A000007 GREENWHICH CAPITAL MARKETS
022 B000007 13-2697091
022 C000007 48028
022 D000007 48399
022 A000008 NATIONSBANK
022 B000008 68-0193243
022 C000008 45680
022 D000008 49612
022 A000009 BEAR STEARNS
022 B000009 13-3299429
022 C000009 26425
022 D000009 29529
022 A000010 BARRINGTON TRADING CO
022 B000010 36-2942713
022 C000010 30716
<PAGE> PAGE 5
022 D000010 18876
023 C000000 5299915
023 D000000 272030
024 000100 Y
024 000200 Y
024 000300 Y
024 000400 Y
024 000500 Y
024 000600 Y
024 000700 Y
024 000800 Y
024 000900 Y
025 A000101 BANK AMERICA CORP.
025 B000101 94-1687665
025 C000101 E
025 D000101 1017
025 A000103 BANK OF AMERICA
025 B000103 95-4035346
025 C000103 D
025 D000103 3470
025 A000104 ALEX BROWN
025 B000104 52-1319768
025 C000104 E
025 D000104 529
025 A000105 MERRILL LYNCH & CO. INC.
025 B000105 13-5674085
025 C000105 E
025 D000105 1194
025 A000107 TRAVELERS GROUP INC.
025 B000107 ---------
025 C000107 E
025 D000107 1361
025 D000108 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
025 A000401 ASSOCIATES CORP. OF NORTH AMERICA
025 B000401 ----
025 C000401 D
025 D000401 899
<PAGE> PAGE 6
025 A000402 GENERAL ELECTRIC CAPITAL CORP.
025 B000402 06-1076552
025 C000402 D
025 D000402 899
025 A000403 CHEVRON OIL FINANCE CORP.
025 B000403 ---------
025 C000403 D
025 D000403 899
025 A000404 TORONTO DOMINION HOLDINGS
025 B000404 13-6066548
025 C000404 D
025 D000404 898
025 D000405
025 D000406 0
025 D000407 0
025 D000408 0
025 A000501 BANK AMERICA CORP.
025 B000501 94-1687665
025 C000501 E
025 D000501 5909
025 A000502 BEAR, STEARNS CO. & INC.
025 B000502 13-3299429
025 C000502 E
025 D000502 292
025 A000503 MORGAN (J.P.) & CO, INC
025 B000503 13-3224016
025 C000503 E
025 D000503 312
025 D000506 0
025 D000507 0
025 D000508 0
025 A000601 BANK OF AMERICA
025 B000601 94-1687665
025 C000601 D
025 D000601 305
025 A000701 BANK AMERICA CORP.
025 B000701 94-1687665
025 C000701 E
025 D000701 7
025 A000702 ALEX BROWN
025 B000702 52-1319768
025 C000702 E
025 D000702 5
025 A000703 MERRILL LYNCH & CO. INC.
025 B000703 13-5674085
025 C000703 E
025 D000703 10
025 D000706 0
025 D000707 0
025 D000708 0
025 A000801 BANK OF AMERICA
<PAGE> PAGE 7
025 B000801 94-1687665
025 C000801 D
025 D000801 9385
025 A000901 BANK AMERICA CORP
025 B000901 94-1687665
025 C000901 E
025 D000901 11
025 A000902 MORGAN (J.P.) & CO INC
025 B000902 13-3224016
025 C000902 E
025 D000902 5
025 A000903 NATIONS BANK
025 B000903 68-0193243
025 C000903 E
025 D000903 3
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010100 328
028 A020100 0
028 A030100 0
028 A040100 1873
028 B010100 725
028 B020100 0
028 B030100 0
028 B040100 1020
028 C010100 288
028 C020100 0
028 C030100 0
028 C040100 842
028 D010100 390
028 D020100 6925
028 D030100 0
028 D040100 1286
028 E010100 1722
028 E020100 0
028 E030100 0
028 E040100 552
028 F010100 208
028 F020100 0
028 F030100 0
028 F040100 2666
028 G010100 3661
028 G020100 6925
<PAGE> PAGE 8
028 G030100 0
028 G040100 8239
028 H000100 0
028 A010200 694
028 A020200 0
028 A030200 0
028 A040200 341
028 B010200 75
028 B020200 0
028 B030200 0
028 B040200 592
028 C010200 619
028 C020200 0
028 C030200 0
028 C040200 1266
028 D010200 63
028 D020200 0
028 D030200 0
028 D040200 1170
028 E010200 34
028 E020200 0
028 E030200 0
028 E040200 764
028 F010200 337
028 F020200 1700
028 F030200 0
028 F040200 758
028 G010200 1822
028 G020200 1700
028 G030200 0
028 G040200 4891
028 H000200 0
028 A010300 204
028 A020300 295
028 A030300 0
028 A040300 919
028 B010300 167
028 B020300 327
028 B030300 0
028 B040300 938
028 C010300 1
028 C020300 324
028 C030300 0
028 C040300 890
028 D010300 71
028 D020300 322
028 D030300 0
028 D040300 813
028 E010300 73
028 E020300 319
028 E030300 0
<PAGE> PAGE 9
028 E040300 948
028 F010300 13
028 F020300 315
028 F030300 0
028 F040300 1179
028 G010300 529
028 G020300 1902
028 G030300 0
028 G040300 5687
028 H000300 0
028 A010400 2015
028 A020400 95
028 A030400 0
028 A040400 958
028 B010400 796
028 B020400 83
028 B030400 0
028 B040400 2337
028 C010400 1069
028 C020400 86
028 C030400 0
028 C040400 1196
028 D010400 1116
028 D020400 85
028 D030400 0
028 D040400 1084
028 E010400 609
028 E020400 78
028 E030400 0
028 E040400 1947
028 F010400 902
028 F020400 84
028 F030400 0
028 F040400 1239
028 G010400 6507
028 G020400 511
028 G030400 0
028 G040400 8761
028 H000400 0
028 A010500 53
028 A020500 0
028 A030500 0
028 A040500 1438
028 B010500 803
028 B020500 0
028 B030500 0
028 B040500 1060
028 C010500 108
028 C020500 0
028 C030500 0
028 C040500 478
<PAGE> PAGE 10
028 D010500 268
028 D020500 0
028 D030500 0
028 D040500 670
028 E010500 137
028 E020500 0
028 E030500 0
028 E040500 1544
028 F010500 640
028 F020500 7973
028 F030500 0
028 F040500 1204
028 G010500 2009
028 G020500 7973
028 G030500 0
028 G040500 6394
028 H000500 0
028 A010600 574
028 A020600 0
028 A030600 0
028 A040600 95
028 B010600 157
028 B020600 0
028 B030600 0
028 B040600 947
028 C010600 279
028 C020600 0
028 C030600 0
028 C040600 117
028 D010600 495
028 D020600 0
028 D030600 0
028 D040600 114
028 E010600 468
028 E020600 0
028 E030600 0
028 E040600 304
028 F010600 130
028 F020600 0
028 F030600 0
028 F040600 418
028 G010600 2103
028 G020600 0
028 G030600 0
028 G040600 1881
028 H000600 0
028 A010700 83
028 A020700 0
028 A030700 0
028 A040700 1
028 B010700 82
<PAGE> PAGE 11
028 B020700 0
028 B030700 0
028 B040700 13
028 C010700 68
028 C020700 0
028 C030700 0
028 C040700 7
028 D010700 117
028 D020700 0
028 D030700 0
028 D040700 4
028 E010700 78
028 E020700 0
028 E030700 0
028 E040700 30
028 F010700 75
028 F020700 0
028 F030700 0
028 F040700 25
028 G010700 503
028 G020700 0
028 G030700 0
028 G040700 80
028 H000700 0
028 A010800 8109
028 A020800 0
028 A030800 0
028 A040800 4936
028 B010800 13847
028 B020800 0
028 B030800 0
028 B040800 2428
028 C010800 19063
028 C020800 0
028 C030800 0
028 C040800 8170
028 D010800 21272
028 D020800 0
028 D030800 0
028 D040800 6338
028 E010800 26604
028 E020800 0
028 E030800 0
028 E040800 1791
028 F010800 64616
028 F020800 2709
028 F030800 0
028 F040800 14678
028 G010800 153511
028 G020800 2709
028 G030800 0
<PAGE> PAGE 12
028 G040800 38341
028 H000800 0
028 A010900 0
028 A020900 0
028 A030900 0
028 A040900 0
028 B010900 0
028 B020900 0
028 B030900 0
028 B040900 0
028 C010900 0
028 C020900 0
028 C030900 0
028 C040900 0
028 D010900 0
028 D020900 0
028 D030900 0
028 D040900 0
028 E010900 0
028 E020900 0
028 E030900 0
028 E040900 0
028 F010900 500
028 F020900 0
028 F030900 0
028 F040900 0
028 G010900 500
028 G020900 0
028 G030900 0
028 G040900 0
028 H000900 0
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 0
042 E000900 0
<PAGE> PAGE 13
042 F000900 0
042 G000900 0
042 H000900 0
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 000900 0
043 00AA00 0
044 000900 0
044 00AA00 0
045 000100 Y
045 000200 Y
045 000300 Y
045 000400 Y
045 000500 Y
045 000600 Y
045 000700 Y
045 000800 Y
045 000900 Y
046 000100 N
046 000200 N
046 000300 N
046 000400 N
046 000500 N
046 000600 N
046 000700 N
046 000800 N
046 000900 N
047 000100 Y
047 000200 Y
047 000300 Y
047 000400 Y
047 000500 Y
047 000600 Y
047 000700 Y
047 000800 Y
047 000900 Y
048 000100 0.000
048 A010100 500000
048 A020100 0.500
048 B010100 500000
048 B020100 0.450
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
<PAGE> PAGE 14
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 1000000
048 K020100 0.400
048 000200 0.000
048 A010200 500000
048 A020200 0.500
048 B010200 500000
048 B020200 0.450
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 1000000
048 K020200 0.400
048 000300 0.000
048 A010300 500000
048 A020300 0.500
048 B010300 500000
048 B020300 0.450
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
<PAGE> PAGE 15
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 1000000
048 K020300 0.400
048 000400 0.000
048 A010400 500000
048 A020400 0.500
048 B010400 500000
048 B020400 0.450
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 1000000
048 K020400 0.400
048 000500 0.000
048 A010500 500000
048 A020500 0.500
048 B010500 500000
048 B020500 0.450
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
<PAGE> PAGE 16
048 J010500 0
048 J020500 0.000
048 K010500 1000000
048 K020500 0.400
048 000600 0.700
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
048 000700 1.000
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
048 000800 1.000
<PAGE> PAGE 17
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
048 000900 0.00
048 A010900 500000
048 A020900 0.60
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 500000
048 K020900 0.55
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A000100 Y
053 B000100 N
<PAGE> PAGE 18
053 C000100 N
053 A000200 Y
053 B000200 N
053 C000200 N
053 A000300 Y
053 B000300 N
053 C000300 N
053 A000400 Y
053 B000400 N
053 C000400 N
053 A000700 Y
053 B000700 N
053 C000700 N
053 A000800 Y
053 B000800 N
053 C000800 N
053 A000900 Y
053 B000900 N
053 C000900 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 500
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
<PAGE> PAGE 19
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 3.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0
062 N000200 9.9
062 O000200 0.0
062 P000200 81.9
062 Q000200 0
062 R000200 3.8
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 4.1
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 26.8
062 N000300 71.3
062 O000300 0.0
062 P000300 0.0
062 Q000300 1.3
062 R000300 0.0
062 A000400 Y
062 B000400 0
<PAGE> PAGE 20
062 C000400 77.5
062 D000400 0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 23.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
<PAGE> PAGE 21
062 R000600 0.0
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
<PAGE> PAGE 22
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000200 0
063 B000200 12.4
063 A000300 0
063 B000300 7.0
063 A000400 33
063 B000400 0.0
063 A000900 0
063 B000900 0.0
064 A000200 N
064 B000200 Y
064 A000300 N
064 B000300 N
064 A000400 N
064 B000400 N
065 000200 N
065 00AA00 N
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
066 A000200 N
066 A000300 N
066 A000400 N
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 Y
066 F000500 N
066 G000500 N
066 A000600 Y
066 B000600 Y
066 C000600 N
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
066 A000800 Y
<PAGE> PAGE 23
066 B000800 N
066 C000800 Y
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 N
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 N
066 E000900 Y
066 F000900 N
066 G000900 N
067 000100 N
067 000200 N
067 000300 N
067 000400 N
067 000500 N
067 000600 N
067 000700 N
067 000800 N
067 000900 N
068 A000100 N
068 B000100 N
068 A000200 N
068 B000200 N
068 A000300 N
068 B000300 N
068 A000400 N
068 B000400 N
068 A000500 N
068 B000500 N
068 A000600 N
068 B000600 N
068 A000700 N
068 B000700 Y
068 A000800 N
068 B000800 N
068 A000900 N
068 B000900 N
069 000100 N
069 000200 N
069 000300 N
069 000400 N
069 000500 N
069 000600 N
069 000700 N
069 000800 N
069 000900 N
069 00AA00 N
070 A010100 Y
<PAGE> PAGE 24
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
<PAGE> PAGE 25
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 Y
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
<PAGE> PAGE 26
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 Y
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
070 A010500 Y
070 A020500 Y
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
<PAGE> PAGE 27
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 N
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
<PAGE> PAGE 28
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 N
070 K020700 N
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 Y
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 Y
070 Q020700 N
070 R010700 Y
070 R020700 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
<PAGE> PAGE 29
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
<PAGE> PAGE 30
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000100 121175
071 B000100 128112
071 C000100 79823
071 D000100 152
071 A000200 16681
071 B000200 22906
071 C000200 21708
071 D000200 77
071 A000300 84158
071 B000300 106195
071 C000300 59046
071 D000300 143
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
071 A000500 66178
071 B000500 70976
071 C000500 56273
071 D000500 118
071 A000600 6028
071 B000600 3769
071 C000600 3702
071 D000600 102
071 A000700 2507
071 B000700 2774
071 C000700 2658
071 D000700 94
071 A000800 151557
071 B000800 35707
071 C000800 42301
071 D000800 84
071 A000900 495
071 B000900 2
<PAGE> PAGE 31
071 C000900 487
071 D000900 0
072 A000100 12
072 B000100 99
072 C000100 947
072 D000100 0
072 E000100 0
072 F000100 408
072 G000100 0
072 H000100 0
072 I000100 16
072 J000100 23
072 K000100 0
072 L000100 14
072 M000100 14
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 54
072 R000100 20
072 S000100 11
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 53
072 X000100 613
072 Y000100 124
072 Z000100 557
072AA000100 7574
072BB000100 0
072CC010100 9783
072CC020100 0
072DD010100 530
072DD020100 0
072EE000100 9089
072 A000200 12
072 B000200 1836
072 C000200 38
072 D000200 0
072 E000200 15
072 F000200 110
072 G000200 0
072 H000200 0
072 I000200 15
072 J000200 12
072 K000200 0
072 L000200 14
072 M000200 39
072 N000200 0
072 O000200 0
072 P000200 0
<PAGE> PAGE 32
072 Q000200 44
072 R000200 20
072 S000200 7
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 22
072 X000200 283
072 Y000200 151
072 Z000200 1757
072AA000200 351
072BB000200 0
072CC010200 0
072CC020200 -845
072DD010200 1735
072DD020200 0
072EE000200 0
072 A000300 12
072 B000300 4347
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 304
072 G000300 0
072 H000300 0
072 I000300 15
072 J000300 8
072 K000300 0
072 L000300 13
072 M000300 31
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 56
072 R000300 20
072 S000300 10
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 0
072 X000300 30
072 Y000300 123
072 Z000300 3983
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 894
072DD010300 4024
072DD020300 0
072EE000300 0
072 A000400 12
<PAGE> PAGE 33
072 B000400 1128
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 105
072 G000400 0
072 H000400 0
072 I000400 16
072 J000400 14
072 K000400 0
072 L000400 13
072 M000400 32
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 47
072 R000400 14
072 S000400 8
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 21
072 X000400 270
072 Y000400 144
072 Z000400 1002
072AA000400 415
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 1001
072DD020400 0
072EE000400 0
072 A000500 12
072 B000500 1890
072 C000500 879
072 D000500 0
072 E000500 0
072 F000500 316
072 G000500 0
072 H000500 0
072 I000500 15
072 J000500 23
072 K000500 0
072 L000500 16
072 M000500 30
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 52
072 R000500 19
072 S000500 10
<PAGE> PAGE 34
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 30
072 X000500 511
072 Y000500 132
072 Z000500 2390
072AA000500 6901
072BB000500 0
072CC010500 0
072CC020500 1117
072DD010500 2362
072DD020500 0
072EE000500 6874
072 A000600 12
072 B000600 15
072 C000600 12
072 D000600 0
072 E000600 0
072 F000600 28
072 G000600 0
072 H000600 0
072 I000600 16
072 J000600 -2
072 K000600 0
072 L000600 16
072 M000600 9
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 41
072 R000600 16
072 S000600 6
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 2
072 X000600 132
072 Y000600 98
072 Z000600 -7
072AA000600 0
072BB000600 354
072CC010600 699
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
072 A000700 12
072 B000700 4
072 C000700 38
072 D000700 0
<PAGE> PAGE 35
072 E000700 0
072 F000700 28
072 G000700 0
072 H000700 0
072 I000700 15
072 J000700 88
072 K000700 0
072 L000700 15
072 M000700 9
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 29
072 R000700 19
072 S000700 6
072 T000700 0
072 U000700 1
072 V000700 0
072 W000700 1
072 X000700 211
072 Y000700 177
072 Z000700 8
072AA000700 108
072BB000700 0
072CC010700 294
072CC020700 0
072DD010700 -8
072DD020700 0
072EE000700 -37
072 A000800 12
072 B000800 200
072 C000800 2436
072 D000800 0
072 E000800 0
072 F000800 428
072 G000800 0
072 H000800 0
072 I000800 16
072 J000800 3
072 K000800 0
072 L000800 14
072 M000800 10
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 45
072 R000800 14
072 S000800 7
072 T000800 0
072 U000800 0
072 V000800 0
<PAGE> PAGE 36
072 W000800 5
072 X000800 542
072 Y000800 71
072 Z000800 2165
072AA000800 1465
072BB000800 0
072CC010800 21714
072CC020800 0
072DD010800 1845
072DD020800 0
072EE000800 874
072 A000900 1
072 B000900 1
072 C000900 0
072 D000900 0
072 E000900 0
072 F000900 0
072 G000900 0
072 H000900 0
072 I000900 0
072 J000900 0
072 K000900 0
072 L000900 0
072 M000900 0
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 5
072 S000900 0
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 0
072 X000900 5
072 Y000900 5
072 Z000900 1
072AA000900 0
072BB000900 0
072CC010900 0
072CC020900 2
072DD010900 0
072DD020900 0
072EE000900 0
073 A010100 0.109
073 A020100 0.0000
073 B000100 1.849
073 C000100 0.0000
073 A010200 0.745
073 A020200 0.0000
073 B000200 0.0000
<PAGE> PAGE 37
073 C000200 0.0000
073 A010300 0.575
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
073 A010400 0.048
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
073 A010500 0.4780
073 A020500 0.0000
073 B000500 1.375
073 C000500 0.0000
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
073 A010700 0.188
073 A020700 0.0000
073 B000700 0.176
073 C000700 0.0000
073 A010800 0.1990
073 A020800 0.0000
073 B000800 0.0910
073 C000800 0.0000
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000100 2
074 B000100 3470
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 82298
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 690
074 K000100 0
074 L000100 92
074 M000100 2
074 N000100 86554
074 O000100 1584
074 P000100 16
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 149
074 S000100 0
<PAGE> PAGE 38
074 T000100 84805
074 U010100 5215
074 U020100 0
074 V010100 16.26
074 V020100 0.00
074 W000100 0.0000
074 X000100 8
074 Y000100 0
074 A000200 1
074 B000200 585
074 C000200 0
074 D000200 18171
074 E000200 759
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 372
074 M000200 1
074 N000200 19889
074 O000200 0
074 P000200 3
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 89
074 S000200 0
074 T000200 19797
074 U010200 2472
074 U020200 0
074 V010200 8.01
074 V020200 0.00
074 W000200 0.0000
074 X000200 7
074 Y000200 0
074 A000300 2
074 B000300 0
074 C000300 2324
074 D000300 56908
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 581
074 M000300 15
<PAGE> PAGE 39
074 N000300 59830
074 O000300 2277
074 P000300 3
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 296
074 S000300 0
074 T000300 57254
074 U010300 6606
074 U020300 0
074 V010300 8.67
074 V020300 0.00
074 W000300 0.0000
074 X000300 6
074 Y000300 26272
074 A000400 4
074 B000400 0
074 C000400 19656
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 0
074 M000400 18
074 N000400 19678
074 O000400 0
074 P000400 2
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 110
074 S000400 0
074 T000400 19566
074 U010400 19566
074 U020400 0
074 V010400 1.00
074 V020400 0.00
074 W000400 1.0000
074 X000400 7
074 Y000400 0
074 A000500 5
074 B000500 5650
074 C000500 0
074 D000500 23848
<PAGE> PAGE 40
074 E000500 0
074 F000500 33543
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 822
074 K000500 0
074 L000500 589
074 M000500 16
074 N000500 64473
074 O000500 206
074 P000500 23
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 295
074 S000500 0
074 T000500 63949
074 U010500 5633
074 U020500 0
074 V010500 11.35
074 V020500 0.00
074 W000500 0.0000
074 X000500 5
074 Y000500 0
074 A000600 5
074 B000600 305
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 4868
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 45
074 K000600 0
074 L000600 5
074 M000600 5
074 N000600 5233
074 O000600 0
074 P000600 2
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 52
074 S000600 0
074 T000600 5178
074 U010600 379
074 U020600 0
<PAGE> PAGE 41
074 V010600 13.66
074 V020600 0.00
074 W000600 0.0000
074 X000600 6
074 Y000600 0
074 A000700 21
074 B000700 0
074 C000700 0
074 D000700 8
074 E000700 29
074 F000700 2394
074 G000700 0
074 H000700 0
074 I000700 92
074 J000700 3
074 K000700 0
074 L000700 34
074 M000700 5
074 N000700 2586
074 O000700 14
074 P000700 33
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 22
074 S000700 0
074 T000700 2517
074 U010700 216
074 U020700 0
074 V010700 11.66
074 V020700 0.00
074 W000700 0.0000
074 X000700 5
074 Y000700 189
074 A000800 2
074 B000800 9385
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 146598
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 0
074 L000800 11650
074 M000800 5
074 N000800 167640
074 O000800 0
074 P000800 129
<PAGE> PAGE 42
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 27
074 S000800 0
074 T000800 167484
074 U010800 11328
074 U020800 0
074 V010800 14.78
074 V020800 0.00
074 W000800 0.0000
074 X000800 14
074 Y000800 0
074 A000900 22
074 B000900 0
074 C000900 0
074 D000900 0
074 E000900 0
074 F000900 492
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 2
074 K000900 0
074 L000900 0
074 M000900 0
074 N000900 516
074 O000900 17
074 P000900 0
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 0
074 S000900 0
074 T000900 499
074 U010900 50
074 U020900 0
074 V010900 9.97
074 V020900 .00
074 W000900 0.0000
074 X000900 1
074 Y000900 0
075 A000100 0
075 B000100 81539
075 A000200 0
075 B000200 22049
075 A000300 0
075 B000300 59046
075 A000400 20962
<PAGE> PAGE 43
075 B000400 0
075 A000500 0
075 B000500 63200
075 A000600 0
075 B000600 4041
075 A000700 0
075 B000700 2842
075 A000800 0
075 B000800 42817
075 A000900 0
075 B000900 503
076 000100 0.00
076 000200 0.00
076 000300 0.00
076 000400 0.00
076 000500 0.00
076 000600 0.00
076 000700 0.00
076 000800 0.00
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 N/A
080 C00AA00 65000
081 A00AA00 Y
081 B00AA00 96
082 A00AA00 Y
082 B00AA00 100
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
<PAGE> PAGE 44
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE DENNIS J MCDONNELL
TITLE PRES, CEO & TRUSTEE
1201 Louisiana, Suite 2900 Telephone 713 654 4100
Houston, TX 77002-5678 Facsimile 713 750 4717
Price Waterhouse LLP
February 7, 1997
To the Board of Trustees of the
Van Kampen American Capital Life Investment Trust
In planning and performing our audit of the financial statements of
the Van Kampen American Capital Life Investment Trust (the "Trust") for the
year ended December 31, 1996, we considered its internal control structure,
including procedures for safeguarding securities, in order to determine
our auditing procedures for the purposes of expressing our opinion on the
financial statements and to comply with the requirements of Form N-SAR,
and not to provide assurance on the internal control structure.
The management of the Trust is responsible for establishing and maintaining
an internal control structure. In fulfilling this responsibility, estimates
and judgments by management are required to assess the expected benefits and
related costs of internal control structure policies and procedures. Two of
the objectives of an internal control structure are to provide management
with reasonable, but not absolute, assurance that assets are appropriately
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that
it may become inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce
to a relatively low level the risk that errors or irregularities in amounts
that would be material in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted no matters
involving the internal control structure, including
February 7, 1997
To the Board of Trustees
Page 2
procedures for safeguarding securities, that we consider to be material
weaknesses as defined above as of December 31, 1996.
This report is intended solely for the information and use of management
and the Securities and Exchange Commission.
/s/ Price Waterhouse LLP
Price Waterhouse LLP
NSAR ITEM 77C
Van Kampen American Capital LIT Real Estate Securities Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Real
Estate Securities Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 3,248,377 Against 86,982
4) Approval of New Investment Sub-Advisory Agreement with Hines
Interest Realty Advisers Limited Partnership
For 3,239,654 Against 95,670
6) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 3,177,266 Against 123,806
7) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 3,257,358 Against 83,986
NSAR ITEM 77C
Van Kampen American Capital LIT Global Equity Portfolio
(a) Special Meetings of Shareholders were held on March 14, 1996 and
October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Global
Equity Portfolio (the "Fund") included:
None
(c) The following was voted on at the March 14, 1996 meeting:
1) Approval of a New Investment Sub-Advisory Agreement between
Van Kampen American Capital Asset Management, Inc. and John
Govett & Co. Limited
For 200,010 Against 0
The following were voted on at the October 25, 1996 meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 286,201 Against 4,789
2) Approval of an Interim Investment Sub-Advisory Agreement with
Morgan Stanley Asset Management, Inc. and the Fund.
For 288,231 Against 2,759
3) Approval of an Interim Investment Sub-Advisory Agreement with
John Govett & Co. Limited and the Fund.
For 285,795 Against 2,759
6) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 263,022 Against 2,030
7) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 267,726 Against 2,759
NSAR ITEM 77C
Van Kampen American Capital LIT Asset Allocation Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Asset
Allocation Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 4,523,133 Against 52,424
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 4,429,754 Against 75,569
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 4,582,135 Against 24,434
NSAR ITEM 77C
Van Kampen American Capital LIT Domestic Income Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Domestic
Income Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 1,635,309 Against 47,972
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 1,662,757 Against 34,793
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 1,705,809 Against 17,034
NSAR ITEM 77C
Van Kampen American Capital LIT Emerging Growth Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Emerging
Growth Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 314,893 Against 67,982
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 316,521 Against 67,982
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 384,531 Against 5,119
NSAR ITEM 77C
Van Kampen American Capital LIT Enterprise Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Enterprise
Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 3,558,929 Against 104,009
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 3,510,195 Against 114,146
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 3,651,838 Against 44,893
NSAR ITEM 77C
Van Kampen American Capital LIT Government Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Government
Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 6,233,684 Against 228,865
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 6,265,504 Against 270,541
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 6,346,619 Against 201,168
NSAR ITEM 77C
Van Kampen American Capital LIT Money Market Portfolio
(a) A Special Meeting of Shareholders was held on October 25, 1996.
(b) The election of Trustees of Van Kampen American Capital LIT Money
Market Portfolio (the "Fund") included:
None
(c) The following were voted on at the meeting:
1) Approval of New Investment Advisory Agreement in the event of
a change of control of the Adviser.
For 13,956,531 Against 566,007
2) Approval of changes to Fundamental Investment Policies with
respect to investments in other investment companies.
For 13,072,175 Against 715,462
4) For each AC Fund, to Ratify the Selection of Price Waterhouse
LLP as Independent Public Accountants for its Current Fiscal
Year.
For 14,446,631 Against 296,726
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> Enterprise Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 66710692
<INVESTMENTS-AT-VALUE> 85767674
<RECEIVABLES> 782114
<ASSETS-OTHER> 1856
<OTHER-ITEMS-ASSETS> 2257
<TOTAL-ASSETS> 86553901
<PAYABLE-FOR-SECURITIES> 1584170
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 164561
<TOTAL-LIABILITIES> 1748731
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 64671892
<SHARES-COMMON-STOCK> 5214950
<SHARES-COMMON-PRIOR> 5173759
<ACCUMULATED-NII-CURRENT> 59440
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1016856
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19056982
<NET-ASSETS> 84805170
<DIVIDEND-INCOME> 946594
<INTEREST-INCOME> 99309
<OTHER-INCOME> 0
<EXPENSES-NET> (489231)
<NET-INVESTMENT-INCOME> 556672
<REALIZED-GAINS-CURRENT> 7574164
<APPREC-INCREASE-CURRENT> 9782538
<NET-CHANGE-FROM-OPS> 17913374
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (530417)
<DISTRIBUTIONS-OF-GAINS> (9089491)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 489441
<NUMBER-OF-SHARES-REDEEMED> (1059404)
<SHARES-REINVESTED> 611154
<NET-CHANGE-IN-ASSETS> 8795310
<ACCUMULATED-NII-PRIOR> 33185
<ACCUMULATED-GAINS-PRIOR> 2532183
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 407693
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 612813
<AVERAGE-NET-ASSETS> 81538525
<PER-SHARE-NAV-BEGIN> 14.69
<PER-SHARE-NII> 0.113
<PER-SHARE-GAIN-APPREC> 3.417
<PER-SHARE-DIVIDEND> (0.109)
<PER-SHARE-DISTRIBUTIONS> (1.849)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.262
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> Domestic Income Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 18850945
<INVESTMENTS-AT-VALUE> 19514744
<RECEIVABLES> 371587
<ASSETS-OTHER> 1132
<OTHER-ITEMS-ASSETS> 1401
<TOTAL-ASSETS> 19888864
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 91567
<TOTAL-LIABILITIES> 91567
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20772963
<SHARES-COMMON-STOCK> 2472121
<SHARES-COMMON-PRIOR> 3235694
<ACCUMULATED-NII-CURRENT> 34326
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1673791)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 663799
<NET-ASSETS> 19797297
<DIVIDEND-INCOME> 38241
<INTEREST-INCOME> 1836107
<OTHER-INCOME> 15000
<EXPENSES-NET> (132292)
<NET-INVESTMENT-INCOME> 1757056
<REALIZED-GAINS-CURRENT> 350915
<APPREC-INCREASE-CURRENT> (844721)
<NET-CHANGE-FROM-OPS> 1263250
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1735294)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 755420
<NUMBER-OF-SHARES-REDEEMED> (1736394)
<SHARES-REINVESTED> 217401
<NET-CHANGE-IN-ASSETS> (6764998)
<ACCUMULATED-NII-PRIOR> 16531
<ACCUMULATED-GAINS-PRIOR> (2028673)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 110243
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 283394
<AVERAGE-NET-ASSETS> 22048650
<PER-SHARE-NAV-BEGIN> 8.21
<PER-SHARE-NII> 0.755
<PER-SHARE-GAIN-APPREC> (0.212)
<PER-SHARE-DIVIDEND> (0.745)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.008
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 031
<NAME> Government Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 58562971
<INVESTMENTS-AT-VALUE> 59232279
<RECEIVABLES> 581371
<ASSETS-OTHER> 2070
<OTHER-ITEMS-ASSETS> 14566
<TOTAL-ASSETS> 59830286
<PAYABLE-FOR-SECURITIES> 2277415
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298489
<TOTAL-LIABILITIES> 2575904
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 70107395
<SHARES-COMMON-STOCK> 6606459
<SHARES-COMMON-PRIOR> 7399648
<ACCUMULATED-NII-CURRENT> (11355)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (13288380)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 446722
<NET-ASSETS> 57254382
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4347277
<OTHER-INCOME> 0
<EXPENSES-NET> (364434)
<NET-INVESTMENT-INCOME> 3982843
<REALIZED-GAINS-CURRENT> (893970)
<APPREC-INCREASE-CURRENT> (1950846)
<NET-CHANGE-FROM-OPS> 1138027
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4024081)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 184739
<NUMBER-OF-SHARES-REDEEMED> (1441945)
<SHARES-REINVESTED> 464017
<NET-CHANGE-IN-ASSETS> (9764826)
<ACCUMULATED-NII-PRIOR> 15415
<ACCUMULATED-GAINS-PRIOR> (13544629)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 303695
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 486908
<AVERAGE-NET-ASSETS> 60738975
<PER-SHARE-NAV-BEGIN> 9.060
<PER-SHARE-NII> 0.569
<PER-SHARE-GAIN-APPREC> (0.388)
<PER-SHARE-DIVIDEND> (0.575)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.666
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 41
<NAME> VKAC Life Investment Trust Class A
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 19656400
<INVESTMENTS-AT-VALUE> 19656400
<RECEIVABLES> 0
<ASSETS-OTHER> 18092
<OTHER-ITEMS-ASSETS> 3525
<TOTAL-ASSETS> 19678017
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 112082
<TOTAL-LIABILITIES> 112082
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19565725
<SHARES-COMMON-STOCK> 19565725
<SHARES-COMMON-PRIOR> 21575617
<ACCUMULATED-NII-CURRENT> 210
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 19565935
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1128132
<OTHER-INCOME> 0
<EXPENSES-NET> (125769)
<NET-INVESTMENT-INCOME> 1002363
<REALIZED-GAINS-CURRENT> 415
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1002778
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1001453)
<DISTRIBUTIONS-OF-GAINS> (415)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15915843
<NUMBER-OF-SHARES-REDEEMED> (18927603)
<SHARES-REINVESTED> 1001868
<NET-CHANGE-IN-ASSETS> (2008982)
<ACCUMULATED-NII-PRIOR> (700)
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 104808
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 269661
<AVERAGE-NET-ASSETS> 20961631
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.48
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.48)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 051
<NAME> Asset Allocation Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 58124795
<INVESTMENTS-AT-VALUE> 63041262
<RECEIVABLES> 1411480
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 20641
<TOTAL-ASSETS> 64473383
<PAYABLE-FOR-SECURITIES> 205612
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 318706
<TOTAL-LIABILITIES> 524318
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 57866139
<SHARES-COMMON-STOCK> 5633242
<SHARES-COMMON-PRIOR> 5409616
<ACCUMULATED-NII-CURRENT> 47231
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1119228
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4916467
<NET-ASSETS> 63949065
<DIVIDEND-INCOME> 879270
<INTEREST-INCOME> 1889646
<OTHER-INCOME> 0
<EXPENSES-NET> (379202)
<NET-INVESTMENT-INCOME> 2389714
<REALIZED-GAINS-CURRENT> 6901393
<APPREC-INCREASE-CURRENT> (1116505)
<NET-CHANGE-FROM-OPS> 8174602
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2362025)
<DISTRIBUTIONS-OF-GAINS> (6874314)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 387499
<NUMBER-OF-SHARES-REDEEMED> (985735)
<SHARES-REINVESTED> 821862
<NET-CHANGE-IN-ASSETS> 967948
<ACCUMULATED-NII-PRIOR> 19542
<ACCUMULATED-GAINS-PRIOR> 1092149
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 316002
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 511075
<AVERAGE-NET-ASSETS> 63200351
<PER-SHARE-NAV-BEGIN> 11.64
<PER-SHARE-NII> 0.482
<PER-SHARE-GAIN-APPREC> 1.083
<PER-SHARE-DIVIDEND> (0.478)
<PER-SHARE-DISTRIBUTIONS> (1.375)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.352
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 061
<NAME> Emerging Growth Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 4228841
<INVESTMENTS-AT-VALUE> 5172900
<RECEIVABLES> 50299
<ASSETS-OTHER> 4779
<OTHER-ITEMS-ASSETS> 4586
<TOTAL-ASSETS> 5232564
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54377
<TOTAL-LIABILITIES> 54377
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4650241
<SHARES-COMMON-STOCK> 379065
<SHARES-COMMON-PRIOR> 195420
<ACCUMULATED-NII-CURRENT> (4926)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (411187)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 944059
<NET-ASSETS> 5178187
<DIVIDEND-INCOME> 12069
<INTEREST-INCOME> 15312
<OTHER-INCOME> 0
<EXPENSES-NET> 34345
<NET-INVESTMENT-INCOME> (6964)
<REALIZED-GAINS-CURRENT> (353684)
<APPREC-INCREASE-CURRENT> 699394
<NET-CHANGE-FROM-OPS> 338746
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 366538
<NUMBER-OF-SHARES-REDEEMED> (182893)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2888530
<ACCUMULATED-NII-PRIOR> (1050)
<ACCUMULATED-GAINS-PRIOR> (57503)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 28284
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 132332
<AVERAGE-NET-ASSETS> 4040636
<PER-SHARE-NAV-BEGIN> 11.72
<PER-SHARE-NII> (.016)
<PER-SHARE-GAIN-APPREC> 1.956
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.660
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 071
<NAME> Global Equity Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 2124851
<INVESTMENTS-AT-VALUE> 2523122
<RECEIVABLES> 36652
<ASSETS-OTHER> 4770
<OTHER-ITEMS-ASSETS> 21012
<TOTAL-ASSETS> 2585556
<PAYABLE-FOR-SECURITIES> 13483
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55049
<TOTAL-LIABILITIES> 68532
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2102301
<SHARES-COMMON-STOCK> 215901
<SHARES-COMMON-PRIOR> 230530
<ACCUMULATED-NII-CURRENT> (9730)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 27719
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 396734
<NET-ASSETS> 2517024
<DIVIDEND-INCOME> 38087
<INTEREST-INCOME> 3720
<OTHER-INCOME> 0
<EXPENSES-NET> 34099
<NET-INVESTMENT-INCOME> 7708
<REALIZED-GAINS-CURRENT> 107660
<APPREC-INCREASE-CURRENT> 294056
<NET-CHANGE-FROM-OPS> 409424
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (39905)
<DISTRIBUTIONS-OF-GAINS> (37458)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 110151
<NUMBER-OF-SHARES-REDEEMED> (128552)
<SHARES-REINVESTED> 3772
<NET-CHANGE-IN-ASSETS> 141855
<ACCUMULATED-NII-PRIOR> (12173)
<ACCUMULATED-GAINS-PRIOR> (7843)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 28416
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 211238
<AVERAGE-NET-ASSETS> 2841585
<PER-SHARE-NAV-BEGIN> 10.30
<PER-SHARE-NII> .035
<PER-SHARE-GAIN-APPREC> 1.687
<PER-SHARE-DIVIDEND> (.188)
<PER-SHARE-DISTRIBUTIONS> (.176)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.658
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 081
<NAME> Real Estate Securities Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 133937063
<INVESTMENTS-AT-VALUE> 155983128
<RECEIVABLES> 11649772
<ASSETS-OTHER> 5007
<OTHER-ITEMS-ASSETS> 1836
<TOTAL-ASSETS> 167639743
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 155989
<TOTAL-LIABILITIES> 155989
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 144550380
<SHARES-COMMON-STOCK> 11328283
<SHARES-COMMON-PRIOR> 799347
<ACCUMULATED-NII-CURRENT> 328863
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 558446
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22046065
<NET-ASSETS> 167483754
<DIVIDEND-INCOME> 2436458
<INTEREST-INCOME> 199508
<OTHER-INCOME> 0
<EXPENSES-NET> (470983)
<NET-INVESTMENT-INCOME> 2164983
<REALIZED-GAINS-CURRENT> 1465073
<APPREC-INCREASE-CURRENT> 21713960
<NET-CHANGE-FROM-OPS> 25344016
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1844832)
<DISTRIBUTIONS-OF-GAINS> (847097)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13855117
<NUMBER-OF-SHARES-REDEEMED> (3523513)
<SHARES-REINVESTED> 197332
<NET-CHANGE-IN-ASSETS> 158898433
<ACCUMULATED-NII-PRIOR> 8712
<ACCUMULATED-GAINS-PRIOR> (32530)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 428166
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 541924
<AVERAGE-NET-ASSETS> 42816615
<PER-SHARE-NAV-BEGIN> 10.74
<PER-SHARE-NII> 0.217
<PER-SHARE-GAIN-APPREC> 4.117
<PER-SHARE-DIVIDEND> (0.199)
<PER-SHARE-DISTRIBUTIONS> (0.091)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.784
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 091
<NAME> VKAC-Growth and Income Fund
<MULTIPLIER> 1
<CAPTION>
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> DEC-23-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 493716
<INVESTMENTS-AT-VALUE> 491746
<RECEIVABLES> 2062
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 22120
<TOTAL-ASSETS> 515928
<PAYABLE-FOR-SECURITIES> 17333
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 93
<TOTAL-LIABILITIES> 17426
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 500000
<SHARES-COMMON-STOCK> 50000
<SHARES-COMMON-PRIOR> 50000
<ACCUMULATED-NII-CURRENT> 553
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (81)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1970)
<NET-ASSETS> 498502
<DIVIDEND-INCOME> 363
<INTEREST-INCOME> 283
<OTHER-INCOME> 0
<EXPENSES-NET> (93)
<NET-INVESTMENT-INCOME> 553
<REALIZED-GAINS-CURRENT> (81)
<APPREC-INCREASE-CURRENT> (1970)
<NET-CHANGE-FROM-OPS> (1498)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1498)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 74
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5684
<AVERAGE-NET-ASSETS> 502834
<PER-SHARE-NAV-BEGIN> 10.000
<PER-SHARE-NII> 0.011
<PER-SHARE-GAIN-APPREC> (0.041)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.97
<EXPENSE-RATIO> 0.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>