NORTHSTAR ADVANTAGE GROWTH FUND
NSAR-A, 1998-08-25
Previous: RECONVERSION TECHNOLOGIES INC, 10KSB, 1998-08-25
Next: HSBC FUNDS TRUST, NSAR-A, 1998-08-25



<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0000779233
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 NORTHSTAR GROWTH FUND
001 B000000 811-4431
001 C000000 2036027950
002 A000000 300 FIRST STAMFORD PLACE
002 B000000 STAMFORD
002 C000000 CT
002 D010000 06902
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 NORTHSTAR INVESTMENT MANAGEMENT CORP
008 B000001 A
008 C000001 801-44637
008 D010001 STAMFORD
008 D020001 CT
008 D030001 06902
010 A000001 NORTHSTAR ADMINISTRATORS CORP
010 C010001 STAMFORD
010 C020001 CT
010 C030001 06902
011 A000001 NORTHSTAR DISTRIBUTORS, INC.
011 B000001 8-38545
011 C010001 STAMFORD
011 C020001 CT
011 C030001 06902
012 A000001 FIRST DATA INVESTOR SERVICES GROUP
012 B000001 84-0000000
012 C010001 BOSTON
012 C020001 MA
<PAGE>      PAGE  2
012 C030001 02109
013 A000001 COOPERS & LYBRAND
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10019
014 A000001 NORTHSTAR DISTRIBUTORS, INC.
014 B000001 8-00000000
014 A000002 WASHINGTON SQUARE SECURITIES, INC.
014 B000002 8-00000000
014 A000003 USLICO SECURITIES CORP.
014 B000003 8-00000000
015 A000001 STATE STREET BANK AND TRUST CO
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000   17
019 C000000 NORTHSTARF
020 A000001 DONALDSON, LUFKIN + JENRETTE
020 B000001 13-2741729
020 C000001     19
020 A000002 BEAR, STEARNS SECURITIES CORP.
020 B000002 13-3299429
020 C000002     19
020 A000003 CS FIRST BOSTON
020 B000003 13-5659485
020 C000003     13
020 A000004 LEWCO SEC AGENT FOR WERTHEIM
020 B000004 13-2952179
020 C000004     12
020 A000005 MORGAN STANLEY AND CO. INC
020 B000005 13-2655998
020 C000005     10
020 A000006 BRIGE TRADING
020 B000006 43-1450530
020 C000006      7
020 A000007 HOENIG + CO
020 B000007 13-2656060
020 C000007      5
020 A000008 MORGAN, J.P., SECURITIES INC
020 B000008 13-3224016
020 C000008      3
020 A000009 PRUDENTIAL SECURITIES INC.
020 B000009 22-2347336
020 C000009      3
020 A000010 BT ALEX BROWN
020 B000010 52-1715615
020 C000010      1
<PAGE>      PAGE  3
021  000000       92
022 A000001 STATE STREET BANK AND TRUST
022 B000001 13-3355129
022 C000001    162733
022 D000001         0
022 A000002 DONALDSON, LUFKIN, & JENERETTES
022 B000002 13-2741729
022 C000002      2111
022 D000002     14243
022 A000003 BEAR, STEARNS SECURITIES CORP
022 B000003 13-3299429
022 C000003      4972
022 D000003      4439
022 A000004 LEWCO SEC AGENT FOR WERTHEIM
022 B000004 13-2952179
022 C000004      6310
022 D000004      2514
022 A000005 CS FIRST BOSTON
022 B000005 13-5659485
022 C000005      2417
022 D000005      5811
022 A000006 MORGAN STANLEY AND CO INC
022 B000006 13-2655998
022 C000006      2577
022 D000006      4346
022 A000007 BRIDGE TRADING
022 B000007 43-1450530
022 C000007      1204
022 D000007      1996
022 A000008 PRUDENTIAL SECURITIES INC
022 B000008 22-2347336
022 C000008         0
022 D000008      2063
022 A000009 SMITH BARNEY INC.
022 B000009 13-1912900
022 C000009       769
022 D000009      1268
022 A000010 MORGAN, J.P., SECURITIES
022 B000010 13-3224016
022 C000010       690
022 D000010      1015
023 C000000     183783
023 D000000      37695
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
<PAGE>      PAGE  4
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A010000       978
028 A020000         0
028 A030000         0
028 A040000      1667
028 B010000      1712
028 B020000         0
028 B030000         0
028 B040000      2282
028 C010000      1235
028 C020000         0
028 C030000         0
028 C040000      1994
028 D010000      1279
028 D020000         0
028 D030000         0
028 D040000      1287
028 E010000       826
028 E020000         0
028 E030000         0
028 E040000      2209
028 F010000     18797
028 F020000         0
028 F030000         0
028 F040000     18551
028 G010000     24827
028 G020000         0
028 G030000         0
028 G040000     27990
028 H000000      3093
029  000000 Y
030 A000000     17
030 B000000  4.75
030 C000000  0.00
031 A000000      3
031 B000000      0
032  000000     14
033  000000      0
034  000000 Y
035  000000     18
036 A000000 N
<PAGE>      PAGE  5
036 B000000      0
037  000000 N
038  000000      0
039  000000 Y
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000 100
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000    423
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.750
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
<PAGE>      PAGE  6
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 Y
060 B000000 Y
061  000000     2500
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000  0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 Y
066 E000000 N
066 F000000 N
066 G000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
<PAGE>      PAGE  7
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     25991
071 B000000     41847
071 C000000    218523
071 D000000   12
072 A000000 12
072 B000000       36
072 C000000      943
072 D000000        0
072 E000000        0
072 F000000      822
072 G000000      130
072 H000000        0
072 I000000       71
072 J000000       31
072 K000000        0
<PAGE>      PAGE  8
072 L000000       28
072 M000000        6
072 N000000       22
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000        9
072 S000000        0
072 T000000      424
072 U000000        0
072 V000000        0
072 W000000       13
072 X000000     1556
072 Y000000        0
072 Z000000     -577
072AA000000     8240
072BB000000        0
072CC010000    15089
072CC020000        0
072DD010000        0
072DD020000        0
072EE000000        0
073 A010000   0.0000
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000        0
074 B000000     9079
074 C000000        0
074 D000000        0
074 E000000        0
074 F000000   213257
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     5734
074 K000000        0
074 L000000      310
074 M000000       20
074 N000000   228400
074 O000000     1841
074 P000000      237
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000      229
074 S000000        0
074 T000000   226093
074 U010000     1190
074 U020000     8398
<PAGE>      PAGE  9
074 V010000     0.00
074 V020000     0.00
074 W000000   0.0000
074 X000000     6780
074 Y000000        0
075 A000000        0
075 B000000   221086
076  000000     0.00
077 A000000 Y
077 Q010000 Y
078  000000 N
080 A000000 NATIONAL UNION FIRE INSURANCE COMPANY OF PITT
080 C000000     5000
081 A000000 Y
081 B000000  17
082 A000000 Y
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 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   GUY NORDAHL                                  
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000779233
<NAME> NORTHSTAR GROWTH FUND
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        148704526
<INVESTMENTS-AT-VALUE>                       213257290
<RECEIVABLES>                                  6043361
<ASSETS-OTHER>                                 9079054
<OTHER-ITEMS-ASSETS>                             20028
<TOTAL-ASSETS>                               228399733
<PAYABLE-FOR-SECURITIES>                       1840681
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       465658
<TOTAL-LIABILITIES>                            2306339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     156561861
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (577081)
<ACCUMULATED-NET-GAINS>                        5555866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      64552748
<NET-ASSETS>                                 226093394
<DIVIDEND-INCOME>                               942796
<INTEREST-INCOME>                                36417
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1556294
<NET-INVESTMENT-INCOME>                       (577081)
<REALIZED-GAINS-CURRENT>                       8239795
<APPREC-INCREASE-CURRENT>                     15089215
<NET-CHANGE-FROM-OPS>                         22751929
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       24827317
<NUMBER-OF-SHARES-REDEEMED>                 (27990255)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        19588991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (2683929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           822282
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1556294
<AVERAGE-NET-ASSETS>                          13442772
<PER-SHARE-NAV-BEGIN>                            21.26
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                           2.37
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.61
<EXPENSE-RATIO>                                   1.34
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000779233
<NAME> NORTHSTAR GROWTH FUND
<SERIES>
   <NUMBER> 2
   <NAME> CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        148704526
<INVESTMENTS-AT-VALUE>                       213257290
<RECEIVABLES>                                  6043361
<ASSETS-OTHER>                                 9079054
<OTHER-ITEMS-ASSETS>                             20028
<TOTAL-ASSETS>                               228399733
<PAYABLE-FOR-SECURITIES>                       1840681
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       465658
<TOTAL-LIABILITIES>                            2306339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     156561861
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (577081)
<ACCUMULATED-NET-GAINS>                        5555866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      64552748
<NET-ASSETS>                                 226093394
<DIVIDEND-INCOME>                               942796
<INTEREST-INCOME>                                36417
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1556294
<NET-INVESTMENT-INCOME>                       (577081)
<REALIZED-GAINS-CURRENT>                       8239795
<APPREC-INCREASE-CURRENT>                     15089215
<NET-CHANGE-FROM-OPS>                         22751929
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       24827317
<NUMBER-OF-SHARES-REDEEMED>                 (27990255)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        19588991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (2683929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           822282
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1556294
<AVERAGE-NET-ASSETS>                          10625026
<PER-SHARE-NAV-BEGIN>                            20.93
<PER-SHARE-NII>                                  (.12)
<PER-SHARE-GAIN-APPREC>                           2.36
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.17
<EXPENSE-RATIO>                                   2.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000779233
<NAME> NORTHSTAR GROWTH FUND
<SERIES>
   <NUMBER> 3
   <NAME> CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        148704526
<INVESTMENTS-AT-VALUE>                       213257290
<RECEIVABLES>                                  6043361
<ASSETS-OTHER>                                 9079054
<OTHER-ITEMS-ASSETS>                             20028
<TOTAL-ASSETS>                               228399733
<PAYABLE-FOR-SECURITIES>                       1840681
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       465658
<TOTAL-LIABILITIES>                            2306339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     156561861
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (577081)
<ACCUMULATED-NET-GAINS>                        5555866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      64552748
<NET-ASSETS>                                 226093394
<DIVIDEND-INCOME>                               942796
<INTEREST-INCOME>                                36417
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1556294
<NET-INVESTMENT-INCOME>                       (577081)
<REALIZED-GAINS-CURRENT>                       8239795
<APPREC-INCREASE-CURRENT>                     15089215
<NET-CHANGE-FROM-OPS>                         22751929
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       24827317
<NUMBER-OF-SHARES-REDEEMED>                 (27990255)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        19588991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (2683929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           822282
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1556294
<AVERAGE-NET-ASSETS>                           1337846
<PER-SHARE-NAV-BEGIN>                            20.91
<PER-SHARE-NII>                                  (.07)
<PER-SHARE-GAIN-APPREC>                           2.30
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.14
<EXPENSE-RATIO>                                   2.12
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000779233
<NAME> NORTHSTAR GROWTH FUND
<SERIES>
   <NUMBER> 4
   <NAME> CLASS T
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        148704526
<INVESTMENTS-AT-VALUE>                       213257290
<RECEIVABLES>                                  6043361
<ASSETS-OTHER>                                 9079054
<OTHER-ITEMS-ASSETS>                             20028
<TOTAL-ASSETS>                               228399733
<PAYABLE-FOR-SECURITIES>                       1840681
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       465658
<TOTAL-LIABILITIES>                            2306339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     156561861
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (577081)
<ACCUMULATED-NET-GAINS>                        5555866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      64552748
<NET-ASSETS>                                 226093394
<DIVIDEND-INCOME>                               942796
<INTEREST-INCOME>                                36417
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1556294
<NET-INVESTMENT-INCOME>                       (577081)
<REALIZED-GAINS-CURRENT>                       8239795
<APPREC-INCREASE-CURRENT>                     15089215
<NET-CHANGE-FROM-OPS>                         22751929
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       24827317
<NUMBER-OF-SHARES-REDEEMED>                 (27990255)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        19588991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (2683929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           822282
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1556294
<AVERAGE-NET-ASSETS>                          72938927
<PER-SHARE-NAV-BEGIN>                            21.02
<PER-SHARE-NII>                                  (.17)
<PER-SHARE-GAIN-APPREC>                           2.42
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.27
<EXPENSE-RATIO>                                   2.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000779233
<NAME> NORTHSTAR GROWTH FUND
<SERIES>
   <NUMBER> 5
   <NAME> CLASS I
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        148704526
<INVESTMENTS-AT-VALUE>                       213257290
<RECEIVABLES>                                  6043361
<ASSETS-OTHER>                                 9079054
<OTHER-ITEMS-ASSETS>                             20028
<TOTAL-ASSETS>                               228399733
<PAYABLE-FOR-SECURITIES>                       1840681
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       465658
<TOTAL-LIABILITIES>                            2306339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     156561861
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (577081)
<ACCUMULATED-NET-GAINS>                        5555866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      64552748
<NET-ASSETS>                                 226093394
<DIVIDEND-INCOME>                               942796
<INTEREST-INCOME>                                36417
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1556294
<NET-INVESTMENT-INCOME>                       (577081)
<REALIZED-GAINS-CURRENT>                       8239795
<APPREC-INCREASE-CURRENT>                     15089215
<NET-CHANGE-FROM-OPS>                         22751929
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       24827317
<NUMBER-OF-SHARES-REDEEMED>                 (27990255)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        19588991
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    (2683929)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           822282
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1556294
<AVERAGE-NET-ASSETS>                         122747774
<PER-SHARE-NAV-BEGIN>                            21.36
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                           2.42
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.77
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission