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SIGNATURE BRIAN KAMMERER
TITLE VICE PRESIDENT
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<NAME> GROWTH
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<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 51,140,946
<INVESTMENTS-AT-VALUE> 64,215,321
<RECEIVABLES> 281,243
<ASSETS-OTHER> 8,768
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 64,505,332
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 225,516
<TOTAL-LIABILITIES> 225,516
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 46,743,329
<SHARES-COMMON-STOCK> 38,252
<SHARES-COMMON-PRIOR> 4,927,103
<ACCUMULATED-NII-CURRENT> 80,018
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,382,094
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,074,375
<NET-ASSETS> 460,164
<DIVIDEND-INCOME> 526,352
<INTEREST-INCOME> 52,817
<OTHER-INCOME> 0
<EXPENSES-NET> 459,014
<NET-INVESTMENT-INCOME> 120,155
<REALIZED-GAINS-CURRENT> 4,391,419
<APPREC-INCREASE-CURRENT> 3,332,615
<NET-CHANGE-FROM-OPS> 7,844,189
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 199,180
<DISTRIBUTIONS-OF-GAINS> 3,854,607
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38,252
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 8,333,666
<ACCUMULATED-NII-PRIOR> 159,043
<ACCUMULATED-GAINS-PRIOR> 3,845,282
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 225,227
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 459,014
<AVERAGE-NET-ASSETS> 60,357,104
<PER-SHARE-NAV-BEGIN> 11.88
<PER-SHARE-NII> (0.004)
<PER-SHARE-GAIN-APPREC> 0.154
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.03
<EXPENSE-RATIO> 2.08
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> FIXED INCOME
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 56,125,633
<INVESTMENTS-AT-VALUE> 55,917,769
<RECEIVABLES> 1,110,321
<ASSETS-OTHER> 50,113
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 57,078,203
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 517,829
<TOTAL-LIABILITIES> 517,829
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 57,115,064
<SHARES-COMMON-STOCK> 5,627,824
<SHARES-COMMON-PRIOR> 5,274,893
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (346,826)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (207,864)
<NET-ASSETS> 55,996,408
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,906,220
<OTHER-INCOME> 0
<EXPENSES-NET> 288,949
<NET-INVESTMENT-INCOME> 1,617,271
<REALIZED-GAINS-CURRENT> (134,636)
<APPREC-INCREASE-CURRENT> (1,482,400)
<NET-CHANGE-FROM-OPS> 235
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,617,271
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,088,816
<NUMBER-OF-SHARES-REDEEMED> 829,202
<SHARES-REINVESTED> 93,317
<NET-CHANGE-IN-ASSETS> 2,675,588
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (212,190)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 180,344
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 406,552
<AVERAGE-NET-ASSETS> 57,655,625
<PER-SHARE-NAV-BEGIN> 10.22
<PER-SHARE-NII> 0.288
<PER-SHARE-GAIN-APPREC> (0.270)
<PER-SHARE-DIVIDEND> 0.288
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> FIXED INCOME
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 56,125,633
<INVESTMENTS-AT-VALUE> 55,917,769
<RECEIVABLES> 1,110,321
<ASSETS-OTHER> 50,113
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 57,078,203
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 517,829
<TOTAL-LIABILITIES> 517,829
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 57,115,064
<SHARES-COMMON-STOCK> 56,678
<SHARES-COMMON-PRIOR> 5,274,893
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (346,826)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (207,864)
<NET-ASSETS> 563,966
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,906,220
<OTHER-INCOME> 0
<EXPENSES-NET> 288,949
<NET-INVESTMENT-INCOME> 1,617,271
<REALIZED-GAINS-CURRENT> (134,636)
<APPREC-INCREASE-CURRENT> (1,482,400)
<NET-CHANGE-FROM-OPS> 235
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,617,271
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 56,647
<NUMBER-OF-SHARES-REDEEMED> 34
<SHARES-REINVESTED> 65
<NET-CHANGE-IN-ASSETS> 2,675,588
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (212,190)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 180,344
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 406,552
<AVERAGE-NET-ASSETS> 57,655,625
<PER-SHARE-NAV-BEGIN> 10.22
<PER-SHARE-NII> 0.076
<PER-SHARE-GAIN-APPREC> (0.265)
<PER-SHARE-DIVIDEND> 0.081
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.95
<EXPENSE-RATIO> 1.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> AGGRESSIVE GROWTH
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 190,312,548
<INVESTMENTS-AT-VALUE> 229,237,317
<RECEIVABLES> 2,207,356
<ASSETS-OTHER> 867
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 231,445,540
<PAYABLE-FOR-SECURITIES> 1,789,030
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 479,796
<TOTAL-LIABILITIES> 2,268,826
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 199,055,934
<SHARES-COMMON-STOCK> 12,643,260
<SHARES-COMMON-PRIOR> 12,204,330
<ACCUMULATED-NII-CURRENT> 465,146
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,269,135)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38,924,769
<NET-ASSETS> 227,345,474
<DIVIDEND-INCOME> 2,049,895
<INTEREST-INCOME> 113,160
<OTHER-INCOME> 0
<EXPENSES-NET> 1,639,156
<NET-INVESTMENT-INCOME> 523,899
<REALIZED-GAINS-CURRENT> 5,986,654
<APPREC-INCREASE-CURRENT> 16,275,405
<NET-CHANGE-FROM-OPS> 22,785,958
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 463,915
<DISTRIBUTIONS-OF-GAINS> 4,882,667
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,468,128
<NUMBER-OF-SHARES-REDEEMED> 1,328,532
<SHARES-REINVESTED> 299,334
<NET-CHANGE-IN-ASSETS> 26,447,085
<ACCUMULATED-NII-PRIOR> 405,162
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 10,373,122
<GROSS-ADVISORY-FEES> 858,530
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,639,156
<AVERAGE-NET-ASSETS> 216,514,516
<PER-SHARE-NAV-BEGIN> 16.61
<PER-SHARE-NII> 0.040
<PER-SHARE-GAIN-APPREC> 1.776
<PER-SHARE-DIVIDEND> 0.037
<PER-SHARE-DISTRIBUTIONS> 0.409
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.98
<EXPENSE-RATIO> 1.51
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> AGGRESIVE GROWTH
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 190,312,548
<INVESTMENTS-AT-VALUE> 229,237,317
<RECEIVABLES> 2,207,356
<ASSETS-OTHER> 867
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 231,445,540
<PAYABLE-FOR-SECURITIES> 1,789,030
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<TOTAL-LIABILITIES> 2,268,826
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 199,055,934
<SHARES-COMMON-STOCK> 101,943
<SHARES-COMMON-PRIOR> 12,204,330
<ACCUMULATED-NII-CURRENT> 465,146
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,269,135)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38,924,769
<NET-ASSETS> 1,831,240
<DIVIDEND-INCOME> 2,049,895
<INTEREST-INCOME> 113,160
<OTHER-INCOME> 0
<EXPENSES-NET> 1,639,156
<NET-INVESTMENT-INCOME> 523,899
<REALIZED-GAINS-CURRENT> 5,986,654
<APPREC-INCREASE-CURRENT> 16,275,405
<NET-CHANGE-FROM-OPS> 22,785,958
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 463,915
<DISTRIBUTIONS-OF-GAINS> 4,882,667
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 102,053
<NUMBER-OF-SHARES-REDEEMED> 110
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 26,447,085
<ACCUMULATED-NII-PRIOR> 405,162
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 10,373,122
<GROSS-ADVISORY-FEES> 858,530
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,639,156
<AVERAGE-NET-ASSETS> 216,514,516
<PER-SHARE-NAV-BEGIN> 17.41
<PER-SHARE-NII> 0.023
<PER-SHARE-GAIN-APPREC> 0.527
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.96
<EXPENSE-RATIO> 2.08
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> GROWTH & INCOME
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 82,225,684
<INVESTMENTS-AT-VALUE> 104,361,448
<RECEIVABLES> 1,339,773
<ASSETS-OTHER> 75,684
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 105,776,905
<PAYABLE-FOR-SECURITIES> 60,500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 330,912
<TOTAL-LIABILITIES> 391,412
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 75,694,311
<SHARES-COMMON-STOCK> 6,445,002
<SHARES-COMMON-PRIOR> 6,036,931
<ACCUMULATED-NII-CURRENT> 126,505
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,428,913
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,135,764
<NET-ASSETS> 103,640,278
<DIVIDEND-INCOME> 1,137,745
<INTEREST-INCOME> 322,545
<OTHER-INCOME> 0
<EXPENSES-NET> 704,859
<NET-INVESTMENT-INCOME> 755,431
<REALIZED-GAINS-CURRENT> 7,427,701
<APPREC-INCREASE-CURRENT> 4,299,969
<NET-CHANGE-FROM-OPS> 12,483,101
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 755,625
<DISTRIBUTIONS-OF-GAINS> 2,114,222
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 612,307
<NUMBER-OF-SHARES-REDEEMED> 363,026
<SHARES-REINVESTED> 158,790
<NET-CHANGE-IN-ASSETS> 17,410,590
<ACCUMULATED-NII-PRIOR> 126,699
<ACCUMULATED-GAINS-PRIOR> 2,115,434
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 339,630
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 704,859
<AVERAGE-NET-ASSETS> 98,817,732
<PER-SHARE-NAV-BEGIN> 14.57
<PER-SHARE-NII> 0.116
<PER-SHARE-GAIN-APPREC> 1.862
<PER-SHARE-DIVIDEND> 0.118
<PER-SHARE-DISTRIBUTIONS> 0.350
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.08
<EXPENSE-RATIO> 1.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> GROWTH & INCOME
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 82,225,684
<INVESTMENTS-AT-VALUE> 104,361,448
<RECEIVABLES> 1,339,773
<ASSETS-OTHER> 75,684
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<TOTAL-ASSETS> 105,776,905
<PAYABLE-FOR-SECURITIES> 60,500
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 330,912
<TOTAL-LIABILITIES> 391,412
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 75,694,311
<SHARES-COMMON-STOCK> 108,603
<SHARES-COMMON-PRIOR> 6,036,931
<ACCUMULATED-NII-CURRENT> 126,505
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,428,913
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 22,135,764
<NET-ASSETS> 1,745,215
<DIVIDEND-INCOME> 1,137,745
<INTEREST-INCOME> 322,545
<OTHER-INCOME> 0
<EXPENSES-NET> 704,859
<NET-INVESTMENT-INCOME> 755,431
<REALIZED-GAINS-CURRENT> 7,427,701
<APPREC-INCREASE-CURRENT> 4,299,969
<NET-CHANGE-FROM-OPS> 12,483,101
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 755,625
<DISTRIBUTIONS-OF-GAINS> 2,114,222
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 108,607
<NUMBER-OF-SHARES-REDEEMED> 176
<SHARES-REINVESTED> 172
<NET-CHANGE-IN-ASSETS> 17,410,590
<ACCUMULATED-NII-PRIOR> 126,699
<ACCUMULATED-GAINS-PRIOR> 2,115,434
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 339,630
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 704,859
<AVERAGE-NET-ASSETS> 98,817,732
<PER-SHARE-NAV-BEGIN> 16.05
<PER-SHARE-NII> 0.079
<PER-SHARE-GAIN-APPREC> (0.005)
<PER-SHARE-DIVIDEND> 0.054
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.07
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> MUNICIPAL TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 36,687,246
<INVESTMENTS-AT-VALUE> 36,720,369
<RECEIVABLES> 1,635,507
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<OTHER-ITEMS-ASSETS> 47,529
<TOTAL-ASSETS> 38,472,147
<PAYABLE-FOR-SECURITIES> 1,052,515
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 285,518
<TOTAL-LIABILITIES> 1,338,033
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37,826,122
<SHARES-COMMON-STOCK> 3,758,121
<SHARES-COMMON-PRIOR> 3,883,837
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (725,131)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,123
<NET-ASSETS> 37,121,509
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 973,388
<OTHER-INCOME> 0
<EXPENSES-NET> 196,818
<NET-INVESTMENT-INCOME> 776,570
<REALIZED-GAINS-CURRENT> 173,824
<APPREC-INCREASE-CURRENT> (871,900)
<NET-CHANGE-FROM-OPS> 78,494
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 776,570
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 366,809
<NUMBER-OF-SHARES-REDEEMED> 542,518
<SHARES-REINVESTED> 49,993
<NET-CHANGE-IN-ASSETS> (1,924,664)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (898,955)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 123,005
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 293,291
<AVERAGE-NET-ASSETS> 39,308,261
<PER-SHARE-NAV-BEGIN> 10.06
<PER-SHARE-NII> 0.199
<PER-SHARE-GAIN-APPREC> (0.180)
<PER-SHARE-DIVIDEND> 0.199
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> MUNICIPAL TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 36,687,246
<INVESTMENTS-AT-VALUE> 36,720,369
<RECEIVABLES> 1,635,507
<ASSETS-OTHER> 68,742
<OTHER-ITEMS-ASSETS> 47,529
<TOTAL-ASSETS> 38,472,147
<PAYABLE-FOR-SECURITIES> 1,052,515
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 285,518
<TOTAL-LIABILITIES> 1,338,033
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37,826,122
<SHARES-COMMON-STOCK> 1,277
<SHARES-COMMON-PRIOR> 3,883,837
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (725,131)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,123
<NET-ASSETS> 12,605
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 973,388
<OTHER-INCOME> 0
<EXPENSES-NET> 196,818
<NET-INVESTMENT-INCOME> 776,570
<REALIZED-GAINS-CURRENT> 173,824
<APPREC-INCREASE-CURRENT> (871,900)
<NET-CHANGE-FROM-OPS> 78,494
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 776,570
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,276
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> (1,924,664)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (898,955)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 123,005
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 293,291
<AVERAGE-NET-ASSETS> 39,308,261
<PER-SHARE-NAV-BEGIN> 10.12
<PER-SHARE-NII> 0.065
<PER-SHARE-GAIN-APPREC> (0.244)
<PER-SHARE-DIVIDEND> 0.071
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.87
<EXPENSE-RATIO> 1.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
