<PAGE> PAGE 1
000 B000000 12/31/96
000 C000000 0000790558
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FORTIS SERIES FUND, INC.
001 B000000 811-4615
001 C000000 6127384000
002 A000000 500 BIELENBERG DRIVE
002 B000000 WOODBURY
002 C000000 MN
002 D010000 55125
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 15
007 C010100 1
007 C020100 GROWTH STOCK SERIES
007 C030100 N
007 C010200 2
007 C020200 U.S. GOVERNMENT SECURITIES SERIES
007 C030200 N
007 C010300 3
007 C020300 MONEY MARKET SERIES
007 C030300 N
007 C010400 4
007 C020400 ASSET ALLOCATION SERIES
007 C030400 N
007 C010500 5
007 C020500 DIVERSIFIED INCOME SERIES
007 C030500 N
007 C010600 6
007 C020600 GLOBAL GROWTH SERIES
007 C030600 N
007 C010700 7
007 C020700 HIGH YIELD SERIES
007 C030700 N
007 C010800 8
007 C020800 GROWTH & INCOME SERIES
007 C030800 N
007 C010900 9
007 C020900 AGGRESSIVE GROWTH SERIES
007 C030900 N
007 C011000 10
007 C021000 GLOBAL ASSET ALLOCATION SERIES
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C021100 GLOBAL BOND SERIES
007 C031100 N
007 C011200 12
007 C021200 INTERNATIONAL STOCK SERIES
007 C031200 N
007 C011300 13
007 C021300 VALUE SERIES
007 C031300 N
007 C011400 14
007 C021400 S & P 500 INDEX SERIES
007 C031400 N
007 C011500 15
007 C021500 BLUE CHIP STOCK SERIES
007 C031500 N
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
011 A00AA01 FORTIS INVESTORS, INC.
011 B00AA01 8-13846
011 C01AA01 WOODBURY
011 C02AA01 MN
011 C03AA01 55125
012 A00AA01 FORTIS ADVISERS, INC.
012 B00AA01 85-07877
012 C01AA01 WOODBURY
012 C02AA01 MN
012 C03AA01 55125
013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
015 A00AA01 FIRST BANK (N.A.)
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55480
015 E01AA01 X
015 A00AA02 CITIBANK N.A. BUENOS AIRES
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 AUSTRALIA & NEW ZEALAND BANK GROUP,LTD.
015 B00AA03 S
015 C01AA03 SIDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
<PAGE> PAGE 3
015 A00AA04 CREDITANSTALT-BANKVEREIN
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
015 E04AA04 X
015 A00AA05 GENERALE BANK
015 B00AA05 S
015 C01AA05 BRUSSELS
015 D01AA05 BELGIUM
015 E04AA05 X
015 A00AA06 CITIBANK, N.A. (SAO PAULO BRANCH)
015 B00AA06 S
015 C01AA06 SAO PAULO
015 D01AA06 BRAZIL
015 E04AA06 X
015 A00AA07 TORONTO-DOMINION BANK
015 B00AA07 S
015 C01AA07 TORONTO
015 D01AA07 CANADA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A. (SANTIAGO BRANCH)
015 B00AA08 S
015 C01AA08 SANTIAGO
015 D01AA08 CHILE
015 E04AA08 X
015 A00AA09 STANDARD CHARTERED BANK SHANGHAI & SHENZHEN
015 B00AA09 S
015 C01AA09 SHANGHAI
015 D01AA09 CHINA
015 E04AA09 X
015 A00AA10 CITITRUST COLUMBIA, S.A.
015 B00AA10 S
015 C01AA10 BOGOTA
015 D01AA10 COLUMBIA
015 E04AA10 X
015 A00AA11 CESKOSLOVENSKA OBCHODI BANKA, A.S.
015 B00AA11 S
015 C01AA11 CZECK
015 D01AA11 CZECH REPUBLIC
015 E04AA11 X
015 A00AA12 DEN DANSKE BANK
015 B00AA12 S
015 C01AA12 COPENHAGEN
015 D01AA12 DENMARK
015 E04AA12 X
015 A00AA13 MERITA BANK LTD.
015 B00AA13 S
015 C01AA13 OSAKA
015 D01AA13 FINLAND
015 E04AA13 X
015 A00AA14 BANQUE PARIBAS
<PAGE> PAGE 4
015 B00AA14 S
015 C01AA14 PARIS
015 D01AA14 FRANCE
015 E04AA14 X
015 A00AA15 DRESDNER BANK, AG
015 B00AA15 S
015 C01AA15 DRESDEN
015 D01AA15 GERMANY
015 E04AA15 X
015 A00AA16 NATIONAL BANK OF GREECE, S.A.
015 B00AA16 S
015 C01AA16 ATHENS
015 D01AA16 GREECE
015 E04AA16 X
015 A00AA17 STANDARD CHARTERED BANK
015 B00AA17 S
015 C01AA17 HONG KONG
015 D01AA17 HONG KONG
015 E04AA17 X
015 A00AA18 CITIBANK BUDAPEST RT
015 B00AA18 S
015 C01AA18 BUDAPEST
015 D01AA18 HUNGARY
015 E04AA18 X
015 A00AA19 THE HONG KONG & SHANGHAI BANKING CORP
015 B00AA19 S
015 C01AA19 CALCUTTA
015 D01AA19 INDIA
015 E04AA19 X
015 A00AA20 STANDARD CHARTERED BANK
015 B00AA20 S
015 C01AA20 JAKARTA
015 D01AA20 INDONESIA
015 E04AA20 X
015 A00AA21 BANK LUEUMI--LE ISRAEL
015 B00AA21 S
015 C01AA21 N/A
015 D01AA21 ISRAEL
015 E04AA21 X
015 A00AA22 THE BANK OF TOKYO
015 B00AA22 S
015 C01AA22 TOKYO
015 D01AA22 JAPAN
015 E04AA22 X
015 A00AA23 STANDARD CHARTERED BANK, SEOUL
015 B00AA23 S
015 C01AA23 SEOUL
015 D01AA23 SOUTH KOREA
015 E04AA23 X
015 A00AA24 CEDEL BANK SOCIETE ANONYME
015 B00AA24 S
<PAGE> PAGE 5
015 C01AA24 LUXEMBOURG
015 D01AA24 LUXEMBOURG
015 E04AA24 X
015 A00AA25 CHUNG KHIAW BANK, LTD.
015 B00AA25 S
015 C01AA25 CHUNG KHIAW
015 D01AA25 MALAYSIA
015 E04AA25 X
015 A00AA26 BANCOMER S.A. INSTITUTION DE BANCA MULTIPLE
015 B00AA26 S
015 C01AA26 MEXICO CITY
015 D01AA26 MEXICO
015 E04AA26 X
015 A00AA27 ABN-AMRO BANK
015 B00AA27 S
015 C01AA27 AMSTERDAM
015 D01AA27 THE NETHERLANDS
015 E04AA27 X
015 A00AA28 AUSTRALIA & NEW ZEALAND BANKING GROUP, LTD.
015 B00AA28 S
015 C01AA28 AUKLAND
015 D01AA28 NEW ZEALAND
015 E04AA28 X
015 A00AA29 EUROCLEAR
015 B00AA29 S
015 C01AA29 OSLO
015 D01AA29 NORWAY
015 E04AA29 X
015 A00AA30 STANDARD CHARTERED BANK
015 B00AA30 S
015 C01AA30 N/A
015 D01AA30 PAKISTAN
015 E04AA30 X
015 A00AA31 CITIBANK, N.A. (LIMA BRANCH)
015 B00AA31 S
015 C01AA31 LIMA
015 D01AA31 PERU
015 E04AA31 X
015 A00AA32 STANDARD CHARTERED BANK
015 B00AA32 S
015 C01AA32 MANILA
015 D01AA32 PHILIPPINES
015 E04AA32 X
015 A00AA33 CITIBANK (POLAND) S.A.
015 B00AA33 S
015 C01AA33 WARSAW
015 D01AA33 POLAND
015 E04AA33 X
015 A00AA34 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B00AA34 S
015 C01AA34 LISBON
<PAGE> PAGE 6
015 D01AA34 PORTUGAL
015 E04AA34 X
015 A00AA35 UNITED OVERSEAS BANK LTD
015 B00AA35 S
015 C01AA35 SINGAPORE
015 D01AA35 SINGAPORE
015 E04AA35 X
015 A00AA36 CESKOSLOVENSKA OBCHODVA BANKA, S.A.
015 B00AA36 S
015 C01AA36 N/A
015 D01AA36 SLOVAKIA
015 E04AA36 X
015 A00AA38 STANDARD CHARTERED BANK
015 B00AA38 S
015 C01AA38 N/A
015 D01AA38 SRI LANKA
015 E04AA38 X
015 A00AA39 SVENSKA HANDELSBANKEN
015 B00AA39 S
015 C01AA39 N/A
015 D01AA39 SWEDEN
015 E04AA39 X
015 A00AA40 SWISS BANK CORP.
015 B00AA40 S
015 C01AA40 N/A
015 D01AA40 SWITZERLAND
015 E04AA40 X
015 A00AA41 CENTRAL TRUST OF CHINA -- TAIPAI
015 B00AA41 S
015 C01AA41 TAIPAI
015 D01AA41 TAIWAN
015 E04AA41 X
015 A00AA42 STANDARD CHARTERED BANK
015 B00AA42 S
015 C01AA42 N/A
015 D01AA42 THAILAND
015 E04AA42 X
015 A00AA43 OTTOMAN BANK
015 B00AA43 S
015 C01AA43 ISTANBUL
015 D01AA43 TURKEY
015 E04AA43 X
015 A00AA44 BANKERS TRUST COMPANY LONDON
015 B00AA44 S
015 C01AA44 LONDON
015 D01AA44 UNITED KINGDOM
015 E04AA44 X
015 A00AA45 ALLIED IRISH BANK
015 B00AA45 S
015 C01AA45 DUBLIN
015 D01AA45 IRELAND
<PAGE> PAGE 7
015 E04AA45 X
015 A00AA46 CITIBANK, N.A. (CARACAS BRANCH)
015 B00AA46 S
015 C01AA46 CARACAS
015 D01AA46 VENEZUELA
015 E04AA46 X
015 A00AA47 CITIBANK, N.A. MILAN
015 B00AA47 S
015 C01AA47 MILAN
015 D01AA47 ITALY
015 E04AA47 X
015 A00AA48 BANCO SANTANDEN
015 B00AA48 S
015 C01AA48 MADRID
015 D01AA48 SPAIN
015 E04AA48 X
015 A00AA49 ASBA BANK
015 B00AA49 S
015 C01AA49 JOHANNESBURG
015 D01AA49 SOUTH AFRICA
015 E04AA49 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 30
019 C00AA00 FORTISFUND
020 A000001 BRIDGE TRADING COMPANY
020 B000001 43-1034850
020 C000001 67
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002 67
020 A000003 GOLDMAN, SACHS & CO.
020 B000003 13-5108880
020 C000003 65
020 A000004 BEAR STEARNS & CO.
020 B000004 13-3299429
020 C000004 62
020 A000005 TIEDEMANN (SHAW)SECURITIES
020 C000005 62
020 A000006 MERRILL LYNCH PIERCE, FENNER & SMITH, INC.
020 B000006 13-5674085
020 C000006 48
020 A000007 SCHRODER WERTHEIM & CO., INC.SECURITIES
020 B000007 13-2697272
020 C000007 40
020 A000008 DONALDSON, LUFKIN & JENRETTE SECURITIES
020 B000008 13-2741729
020 C000008 39
020 A000009 CREDIT LYONNAIS SECURITIES
020 B000009 13-2602298
020 C000009 34
<PAGE> PAGE 8
020 A000010 MONTGOMERY SECURITIES
020 B000010 94-1701676
020 C000010 34
021 000000 1187
022 A000001 FIRST BANK (N.A.) MINNEAPOLIS
022 B000001 41-0256395
022 C000001 913588
022 D000001 857001
022 A000002 LEHMAN BROTHERS, INC.
022 B000002 13-2518466
022 C000002 642500
022 D000002 185712
022 A000003 NATIONAL WESTMINSTER.
022 B000003 11-0773597
022 C000003 421254
022 D000003 24495
022 A000004 NATIONS BANK
022 B000004 56-1684171
022 C000004 392472
022 D000004 44363
022 A000005 BEAR, STEARNS & CO.
022 B000005 13-3299429
022 C000005 129953
022 D000005 100551
022 A000006 BANKERS TRUST CO.
022 B000006 13-4941247
022 C000006 98618
022 D000006 100577
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000007 13-5674085
022 C000007 118589
022 D000007 75512
022 A000008 SALOMON BROTHERS, INC.
022 B000008 13-3082694
022 C000008 88346
022 D000008 71563
022 A000009 PAINE WEBBER, INC.
022 B000009 13-2638166
022 C000009 113635
022 D000009 44626
022 A000010 DONALDSON, LUFKIN & JENRETTE SECURITIES
022 B000010 13-2741729
022 C000010 78157
022 D000010 49108
023 C000000 3886967
023 D000000 1987762
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 Y
<PAGE> PAGE 9
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
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
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
<PAGE> PAGE 10
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 Y
078 000000 N
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 N
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
008 A000101 FORTIS ADVISERS, INC.
008 B000101 A
008 C000101 801-801-07
008 D010101 WOODBURY
008 D020101 MN
008 D030101 55125
024 000100 Y
025 A000101 FIRST BANK N.A. MINNEAPOLIS
025 B000101 41-0256395
025 C000101 D
025 D000101 31939
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 4573
028 A020100 0
028 A030100 0
028 A040100 3058
028 B010100 6629
028 B020100 0
028 B030100 0
028 B040100 1613
<PAGE> PAGE 11
028 C010100 4544
028 C020100 40
028 C030100 0
028 C040100 3045
028 D010100 4095
028 D020100 0
028 D030100 0
028 D040100 3801
028 E010100 4990
028 E020100 0
028 E030100 0
028 E040100 2587
028 F010100 5623
028 F020100 2243
028 F030100 0
028 F040100 2137
028 G010100 30454
028 G020100 2283
028 G030100 0
028 G040100 16241
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 100000
048 A020100 0.700
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
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 100000
048 K020100 0.600
055 A000100 Y
055 B000100 N
056 000100 Y
057 000100 N
<PAGE> PAGE 12
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
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
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
<PAGE> PAGE 13
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 223425
071 B000100 149776
071 C000100 499253
071 D000100 30
072 A000100 12
072 B000100 5450
072 C000100 933
072 D000100 0
072 E000100 0
072 F000100 3735
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 79
072 K000100 39
072 L000100 129
072 M000100 17
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 22
072 S000100 21
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 21
072 X000100 4063
072 Y000100 0
072 Z000100 2320
<PAGE> PAGE 14
072AA000100 51618
072BB000100 29234
072CC010100 65647
072CC020100 0
072DD010100 2283
072DD020100 0
072EE000100 0
073 A010100 0.1130
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 63534
074 D000100 0
074 E000100 0
074 F000100 598158
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 225
074 M000100 0
074 N000100 661917
074 O000100 0
074 P000100 349
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 351
074 S000100 0
074 T000100 661217
074 U010100 20287
074 U020100 0
074 V010100 32.59
074 V020100 0.00
074 W000100 0.0000
074 X000100 1
074 Y000100 0
075 A000100 0
075 B000100 605539
076 000100 0.00
080 A000100 RELIANCE INSURANCE COMPANY
080 C000100 1000
081 A000100 N
081 B000100 0
082 A000100 N
082 B000100 0
008 A000201 FORTIS ADVISERS, INC.
<PAGE> PAGE 15
008 B000201 A
008 C000201 801-07877
008 D010201 WOODBURY
008 D020201 MN
008 D030201 55125
024 000200 Y
025 A000201 FIRST BANK N.A. MINNEAPOLIS
025 B000201 41-0256395
025 C000201 D
025 D000201 5283
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 1973
028 A020200 0
028 A030200 0
028 A040200 3297
028 B010200 1251
028 B020200 0
028 B030200 0
028 B040200 5391
028 C010200 281
028 C020200 11867
028 C030200 0
028 C040200 2733
028 D010200 2074
028 D020200 0
028 D030200 0
028 D040200 3698
028 E010200 316
028 E020200 0
028 E030200 0
028 E040200 3594
028 F010200 1348
028 F020200 0
028 F030200 0
028 F040200 1439
028 G010200 7243
028 G020200 11867
028 G030200 0
028 G040200 20152
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 50000
<PAGE> PAGE 16
048 A020200 0.500
048 B010200 0
048 B020200 0.000
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 50000
048 K020200 0.450
055 A000200 Y
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 6.3
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 3.3
062 K000200 0.0
062 L000200 2.1
062 M000200 34.1
062 N000200 53.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 12.3
064 A000200 Y
<PAGE> PAGE 17
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
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
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 275535
071 B000200 305065
071 C000200 156554
071 D000200 176
072 A000200 12
072 B000200 11346
072 C000200 0
072 D000200 0
072 E000200 0
<PAGE> PAGE 18
072 F000200 787
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 32
072 K000200 12
072 L000200 36
072 M000200 5
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 19
072 S000200 7
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 8
072 X000200 906
072 Y000200 0
072 Z000200 10440
072AA000200 3111
072BB000200 3945
072CC010200 0
072CC020200 6446
072DD010200 11866
072DD020200 0
072EE000200 0
073 A010200 0.8010
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 514
074 B000200 0
074 C000200 18941
074 D000200 140887
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 1416
074 M000200 0
074 N000200 161758
074 O000200 0
074 P000200 64
074 Q000200 0
074 R010200 0
074 R020200 0
<PAGE> PAGE 19
074 R030200 0
074 R040200 16
074 S000200 0
074 T000200 161678
074 U010200 15297
074 U020200 0
074 V010200 10.57
074 V020200 0.00
074 W000200 0.0000
074 X000200 1
074 Y000200 0
075 A000200 0
075 B000200 169527
076 000200 0.00
080 A000200 RELIANCE INSURANCE COMPANY
080 C000200 750
081 A000200 N
081 B000200 0
082 A000200 N
082 B000200 0
008 A000301 FORTIS ADVISERS, INC.
008 B000301 A
008 C000301 801-07877
008 D010301 WOODBURY
008 D020301 MN
008 D030301 55125
024 000300 Y
025 A000301 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B000301 13-5674085
025 C000301 D
025 D000301 2975
025 A000302 COMMERCIAL CREDIT CO.
025 B000302 52-0883351
025 C000302 D
025 D000302 1891
025 A000303 HOUSEHOLD FINANCE CORP.
025 B000303 36-1239445
025 C000303 D
025 D000303 1972
025 A000304 FIRST BANK N.A. MINNEAPOLIS
025 B000304 41-0256395
025 C000304 D
025 D000304 1789
025 A000305 IBM CREDIT CORP.
025 B000305 22-2351962
025 C000305 D
025 D000305 2981
025 A000306 FORD MOTOR CREDIT CORP.
025 B000306 38-1612444
025 C000306 D
025 D000306 2597
<PAGE> PAGE 20
025 A000307 AMERICAN GENERAL FINANCE CORP.
025 B000307 35-0416090
025 C000307 D
025 D000307 2688
025 A000308 GENERAL ELECTRIC CREDIT CORP.
025 B000308 13-1500700
025 C000308 D
025 D000308 2947
025 D000309 0
025 D000310 0
025 D000311 0
025 D000312 0
025 D000313 0
025 D000314 0
025 D000315 0
025 D000316 0
028 A010300 7849
028 A020300 0
028 A030300 0
028 A040300 2050
028 B010300 4620
028 B020300 0
028 B030300 0
028 B040300 6698
028 C010300 2340
028 C020300 2223
028 C030300 0
028 C040300 4376
028 D010300 9457
028 D020300 0
028 D030300 0
028 D040300 2794
028 E010300 3124
028 E020300 0
028 E030300 0
028 E040300 6248
028 F010300 6752
028 F020300 0
028 F030300 0
028 F040300 4218
028 G010300 34142
028 G020300 2223
028 G030300 0
028 G040300 26384
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 500000
048 A020300 0.300
<PAGE> PAGE 21
048 B010300 0
048 B020300 0.000
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
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 500000
048 K020300 0.250
055 A000300 Y
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 0
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 91.3
062 J000300 2.9
062 K000300 0.0
062 L000300 4.9
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 48
063 B000300 0.0
064 A000300 N
064 B000300 N
<PAGE> PAGE 22
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 N
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 2906
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 158
<PAGE> PAGE 23
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 11
072 K000300 4
072 L000300 12
072 M000300 1
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 12
072 S000300 1
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 2
072 X000300 201
072 Y000300 0
072 Z000300 2705
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 52
072DD010300 2223
072DD020300 0
072EE000300 0
073 A010300 0.4350
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 61376
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 655
074 M000300 0
074 N000300 62031
074 O000300 0
074 P000300 15
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
<PAGE> PAGE 24
074 R040300 110
074 S000300 0
074 T000300 61906
074 U010300 5657
074 U020300 0
074 V010300 10.94
074 V020300 0.00
074 W000300 10.9437
074 X000300 1
074 Y000300 0
075 A000300 52794
075 B000300 0
076 000300 0.00
080 A000300 RELIANCE INSURANCE COMPANY
080 C000300 450
081 A000300 N
081 B000300 0
082 A000300 N
082 B000300 0
008 A000401 FORTIS ADVISERS, INC.
008 B000401 A
008 C000401 801-07877
008 D010401 WOODBURY
008 D020401 MN
008 D030401 55125
024 000400 Y
025 A000401 FIRST BANK N.A. MINNEAPOLIS
025 B000401 41-0256395
025 C000401 D
025 D000401 16126
025 A000402 DONALDSON, LUFKIN & JENRETTE SECURITIES
025 B000402 13-2741729
025 C000402 D
025 D000402 8500
025 A000403 MERRILL LYNCH, PIERCE, FENNER & SMITH
025 B000403 13-5674085
025 C000403 D
025 D000403 1621
025 A000404 MORGAN STANLEY & CO., INC.
025 B000404 13-2655998
025 C000404 D
025 D000404 529
025 A000405 LEHMAN BROTHERS, INC.
025 B000405 13-2518466
025 C000405 D
025 D000405 2681
025 A000406 SALOMON BROTHERS, INC.
025 B000406 13-3082694
025 C000406 D
025 D000406 1953
025 D000407 0
<PAGE> PAGE 25
025 D000408 0
028 A010400 2168
028 A020400 0
028 A030400 0
028 A040400 2836
028 B010400 2959
028 B020400 0
028 B030400 0
028 B040400 2617
028 C010400 1924
028 C020400 156
028 C030400 0
028 C040400 1787
028 D010400 1910
028 D020400 0
028 D030400 0
028 D040400 3003
028 E010400 2336
028 E020400 0
028 E030400 0
028 E040400 1368
028 F010400 1131
028 F020400 19796
028 F030400 0
028 F040400 1602
028 G010400 12428
028 G020400 19952
028 G030400 0
028 G040400 13213
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 250000
048 A020400 0.500
048 B010400 0
048 B020400 0.000
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
<PAGE> PAGE 26
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 250000
048 K020400 0.450
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 0
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 4.1
062 K000400 0.0
062 L000400 0.0
062 M000400 10.1
062 N000400 9.0
062 O000400 0.0
062 P000400 10.7
062 Q000400 9.7
062 R000400 0.0
063 A000400 0
063 B000400 12.4
064 A000400 Y
064 B000400 N
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 Y
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
<PAGE> PAGE 27
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 Y
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 438724
071 B000400 410411
071 C000400 356879
071 D000400 115
072 A000400 12
072 B000400 14666
072 C000400 928
072 D000400 0
072 E000400 0
072 F000400 1795
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 57
072 K000400 25
072 L000400 76
072 M000400 10
072 N000400 0
072 O000400 0
<PAGE> PAGE 28
072 P000400 0
072 Q000400 0
072 R000400 21
072 S000400 11
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 13
072 X000400 2008
072 Y000400 0
072 Z000400 13586
072AA000400 24802
072BB000400 10152
072CC010400 15820
072CC020400 0
072DD010400 13565
072DD020400 0
072EE000400 6387
073 A010400 0.6170
073 A020400 0.0000
073 B000400 0.2800
073 C000400 0.0000
074 A000400 670
074 B000400 0
074 C000400 16140
074 D000400 157319
074 E000400 0
074 F000400 226610
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 2020
074 M000400 0
074 N000400 402759
074 O000400 4800
074 P000400 163
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 84
074 S000400 0
074 T000400 397712
074 U010400 23404
074 U020400 0
074 V010400 16.99
074 V020400 0.00
074 W000400 0.0000
074 X000400 1
<PAGE> PAGE 29
074 Y000400 0
075 A000400 0
075 B000400 371036
076 000400 0.00
080 A000400 RELIANCE INSURANCE COMPANY
080 C000400 900
081 A000400 N
081 B000400 0
082 A000400 N
082 B000400 0
008 A000501 FORTIS ADVISERS, INC.
008 B000501 A
008 C000501 801-07877
008 D010501 WOODBURY
008 D020501 MN
008 D030501 55125
024 000500 Y
025 A000501 FIRST BANK N.A. MINNEAPOLIS
025 B000501 41-0256395
025 C000501 D
025 D000501 209
025 A000502 MORGAN STANLEY & CO., INC.
025 B000502 13-2655998
025 C000502 D
025 D000502 577
025 A000503 DONALDSON, LUFKIN & JENRETTE SECURITIES
025 B000503 13-2741729
025 C000503 D
025 D000503 4239
025 A000504 MERRILL LYNCH, PIERCE, FENNER & SMITH
025 B000504 13-5674085
025 C000504 D
025 D000504 4775
025 A000505 LEHMAN BROTHERS, INC.
025 B000505 13-2518466
025 C000505 D
025 D000505 1608
025 A000506 J.P. MORGAN & CO., INC.
025 B000506 13-2625764
025 C000506 D
025 D000506 972
025 A000507 SALOMON BROTHERS, INC.
025 B000507 13-3082694
025 C000507 D
025 D000507 488
025 D000508 0
028 A010500 1135
028 A020500 0
028 A030500 0
028 A040500 1372
028 B010500 227
<PAGE> PAGE 30
028 B020500 0
028 B030500 0
028 B040500 1405
028 C010500 8494
028 C020500 0
028 C030500 0
028 C040500 812
028 D010500 391
028 D020500 0
028 D030500 0
028 D040500 1175
028 E010500 243
028 E020500 0
028 E030500 0
028 E040500 1496
028 F010500 190
028 F020500 0
028 F030500 0
028 F040500 819
028 G010500 10680
028 G020500 0
028 G030500 0
028 G040500 7079
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 50000
048 A020500 0.500
048 B010500 0
048 B020500 0.000
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
048 J010500 0
048 J020500 0.000
048 K010500 50000
048 K020500 0.450
055 A000500 Y
<PAGE> PAGE 31
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 0
062 A000500 Y
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 0.2
062 K000500 0.0
062 L000500 0.0
062 M000500 17.5
062 N000500 21.8
062 O000500 0.0
062 P000500 34.7
062 Q000500 25.7
062 R000500 0.0
063 A000500 0
063 B000500 17.3
064 A000500 Y
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
<PAGE> PAGE 32
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 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 Y
070 P020500 Y
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 178226
071 B000500 175139
071 C000500 102420
071 D000500 171
072 A000500 12
072 B000500 7883
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 504
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 21
072 K000500 7
072 L000500 23
072 M000500 3
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 15
072 S000500 3
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 5
072 X000500 581
072 Y000500 0
072 Z000500 7302
072AA000500 2115
<PAGE> PAGE 33
072BB000500 2940
072CC010500 0
072CC020500 2234
072DD010500 8214
072DD020500 0
072EE000500 0
073 A010500 0.9570
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 1
074 B000500 0
074 C000500 209
074 D000500 105466
074 E000500 0
074 F000500 25
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 34
074 K000500 0
074 L000500 1302
074 M000500 0
074 N000500 107037
074 O000500 1096
074 P000500 43
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 67
074 S000500 0
074 T000500 105831
074 U010500 9047
074 U020500 0
074 V010500 11.70
074 V020500 0.00
074 W000500 0.0000
074 X000500 1
074 Y000500 0
075 A000500 0
075 B000500 106466
076 000500 0.00
080 A000500 RELIANCE INSURANCE COMPANY
080 C000500 600
081 A000500 N
081 B000500 0
082 A000500 N
082 B000500 0
008 A000601 FORTIS ADVISERS, INC.
008 B000601 A
<PAGE> PAGE 34
008 C000601 801-07877
008 D010601 WOODBURY
008 D020601 MN
008 D030601 55125
024 000600 Y
025 A000601 FIRST BANK N.A. MINNEAPOLIS
025 B000601 41-0256395
025 C000601 D
025 D000601 5373
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 6385
028 A020600 0
028 A030600 0
028 A040600 1695
028 B010600 7563
028 B020600 0
028 B030600 0
028 B040600 727
028 C010600 7067
028 C020600 32
028 C030600 0
028 C040600 452
028 D010600 6316
028 D020600 0
028 D030600 0
028 D040600 1299
028 E010600 6400
028 E020600 0
028 E030600 0
028 E040600 135
028 F010600 5003
028 F020600 402
028 F030600 0
028 F040600 404
028 G010600 38734
028 G020600 434
028 G030600 0
028 G040600 4712
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.000
048 A010600 500000
048 A020600 0.700
<PAGE> PAGE 35
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 500000
048 K020600 0.600
055 A000600 Y
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 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
062 R000600 0.0
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
<PAGE> PAGE 36
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 Y
069 000600 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 Y
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 Y
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 111376
071 B000600 35907
071 C000600 256479
071 D000600 14
072 A000600 12
072 B000600 979
<PAGE> PAGE 37
072 C000600 1473
072 D000600 0
072 E000600 94
072 F000600 1888
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 135
072 K000600 17
072 L000600 52
072 M000600 7
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 20
072 S000600 11
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 10
072 X000600 2140
072 Y000600 0
072 Z000600 406
072AA000600 3311
072BB000600 6454
072CC010600 46401
072CC020600 0
072DD010600 434
072DD020600 0
072EE000600 0
073 A010600 0.0260
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 1
074 B000600 0
074 C000600 14597
074 D000600 0
074 E000600 8658
074 F000600 296368
074 G000600 0
074 H000600 0
074 I000600 79685
074 J000600 0
074 K000600 0
074 L000600 498
074 M000600 0
074 N000600 399807
074 O000600 0
074 P000600 187
<PAGE> PAGE 38
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 79789
074 S000600 0
074 T000600 319831
074 U010600 16837
074 U020600 0
074 V010600 19.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 1
074 Y000600 0
075 A000600 0
075 B000600 269307
076 000600 0.00
080 A000600 RELIANCE INSURANCE COMPANY
080 C000600 750
081 A000600 N
081 B000600 0
082 A000600 N
082 B000600 0
008 A000701 FORTIS ADVISERS, INC.
008 B000701 A
008 C000701 801-07877
008 D010701 WOODBURY
008 D020701 MN
008 D030701 55125
024 000700 Y
025 A000701 FIRST BANK N.A. MINNEAPOLIS
025 B000701 41-0256395
025 C000701 D
025 D000701 903
025 D000702 0
025 D000703 0
025 D000704 0
025 D000705 0
025 D000706 0
025 D000707 0
025 D000708 0
028 A010700 1601
028 A020700 0
028 A030700 0
028 A040700 143
028 B010700 1643
028 B020700 0
028 B030700 0
028 B040700 511
028 C010700 966
028 C020700 32
<PAGE> PAGE 39
028 C030700 0
028 C040700 468
028 D010700 1777
028 D020700 0
028 D030700 0
028 D040700 493
028 E010700 1767
028 E020700 0
028 E030700 0
028 E040700 186
028 F010700 1649
028 F020700 3590
028 F030700 0
028 F040700 77
028 G010700 9403
028 G020700 3622
028 G030700 0
028 G040700 1878
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.000
048 A010700 250000
048 A020700 0.500
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 250000
048 K020700 0.450
055 A000700 Y
055 B000700 N
056 000700 Y
057 000700 N
058 A000700 N
059 000700 Y
<PAGE> PAGE 40
060 A000700 Y
060 B000700 Y
061 000700 0
062 A000700 Y
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 2.1
062 K000700 0.0
062 L000700 2.9
062 M000700 6.1
062 N000700 0.0
062 O000700 0.0
062 P000700 88.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 6.8
064 A000700 N
064 B000700 Y
065 000700 N
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 Y
<PAGE> PAGE 41
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 89529
071 B000700 75387
071 C000700 32080
071 D000700 235
072 A000700 12
072 B000700 3714
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 171
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 17
072 K000700 2
072 L000700 7
072 M000700 1
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 13
072 S000700 1
072 T000700 0
072 U000700 0
072 V000700 0
072 W000700 3
072 X000700 215
072 Y000700 0
072 Z000700 3499
072AA000700 1979
072BB000700 1674
072CC010700 0
072CC020700 372
072DD010700 3622
<PAGE> PAGE 42
072DD020700 0
072EE000700 0
073 A010700 0.9290
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 94
074 B000700 0
074 C000700 2145
074 D000700 40049
074 E000700 0
074 F000700 142
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 541
074 K000700 0
074 L000700 940
074 M000700 0
074 N000700 43911
074 O000700 1309
074 P000700 17
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 7
074 S000700 0
074 T000700 42578
074 U010700 4333
074 U020700 0
074 V010700 9.83
074 V020700 0.00
074 W000700 0.0000
074 X000700 1
074 Y000700 0
075 A000700 0
075 B000700 34294
076 000700 0.00
080 A000700 RELIANCE INSURANCE COMPANY
080 C000700 350
081 A000700 N
081 B000700 0
082 A000700 N
082 B000700 0
008 A000801 FORTIS ADVISERS, INC.
008 B000801 A
008 C000801 801-07877
008 D010801 WOODBURY
008 D020801 MN
008 D030801 55125
<PAGE> PAGE 43
024 000800 Y
025 A000801 FIRST BANK N.A. MINNEAPOLIS
025 B000801 41-0256395
025 C000801 D
025 D000801 6044
025 D000802 0
025 D000803 0
025 D000804 0
025 D000805 0
025 D000806 0
025 D000807 0
025 D000808 0
028 A010800 4565
028 A020800 0
028 A030800 0
028 A040800 137
028 B010800 4030
028 B020800 0
028 B030800 0
028 B040800 418
028 C010800 3937
028 C020800 23
028 C030800 0
028 C040800 115
028 D010800 5085
028 D020800 0
028 D030800 0
028 D040800 4
028 E010800 5452
028 E020800 0
028 E030800 0
028 E040800 69
028 F010800 4185
028 F020800 3666
028 F030800 0
028 F040800 391
028 G010800 27254
028 G020800 3689
028 G030800 0
028 G040800 1134
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.000
048 A010800 100000
048 A020800 0.700
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
<PAGE> PAGE 44
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 100000
048 K020800 0.600
055 A000800 N
055 B000800 N
056 000800 Y
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 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
063 A000800 0
063 B000800 0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 Y
066 F000800 N
<PAGE> PAGE 45
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 62605
071 B000800 15986
071 C000800 79930
071 D000800 20
072 A000800 12
072 B000800 748
072 C000800 2246
072 D000800 0
072 E000800 0
072 F000800 661
<PAGE> PAGE 46
072 G000800 0
072 H000800 0
072 I000800 0
072 J000800 20
072 K000800 6
072 L000800 16
072 M000800 3
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 13
072 S000800 3
072 T000800 0
072 U000800 0
072 V000800 0
072 W000800 4
072 X000800 726
072 Y000800 0
072 Z000800 2268
072AA000800 2347
072BB000800 1010
072CC010800 15885
072CC020800 0
072DD010800 2286
072DD020800 0
072EE000800 1403
073 A010800 0.2660
073 A020800 0.0000
073 B000800 0.1630
073 C000800 0.0000
074 A000800 0
074 B000800 0
074 C000800 17242
074 D000800 0
074 E000800 6467
074 F000800 109829
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 939
074 K000800 0
074 L000800 538
074 M000800 0
074 N000800 135015
074 O000800 0
074 P000800 76
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
<PAGE> PAGE 47
074 R040800 7
074 S000800 0
074 T000800 134932
074 U010800 8899
074 U020800 0
074 V010800 15.16
074 V020800 0.00
074 W000800 0.0000
074 X000800 1
074 Y000800 0
075 A000800 0
075 B000800 95434
076 000800 0.00
080 A000800 RELIANCE INSURANCE COMPANY
080 C000800 400
081 A000800 N
081 B000800 0
082 A000800 N
082 B000800 0
008 A000901 FORTIS ADVISERS, INC.
008 B000901 A
008 C000901 801-07877
008 D010901 WOODBURY
008 D020901 MN
008 D030901 55125
024 000900 Y
025 A000901 FIRST BANK N.A. MINNEAPOLIS
025 B000901 41-0256395
025 C000901 D
025 D000901 4688
025 D000902 0
025 D000903 0
025 D000904 0
025 D000905 0
025 D000906 0
025 D000907 0
025 D000908 0
028 A010900 5291
028 A020900 0
028 A030900 0
028 A040900 122
028 B010900 4856
028 B020900 0
028 B030900 0
028 B040900 51
028 C010900 3745
028 C020900 0
028 C030900 0
028 C040900 138
028 D010900 4006
028 D020900 0
<PAGE> PAGE 48
028 D030900 0
028 D040900 1458
028 E010900 3997
028 E020900 0
028 E030900 0
028 E040900 391
028 F010900 3834
028 F020900 170
028 F030900 0
028 F040900 236
028 G010900 25729
028 G020900 170
028 G030900 0
028 G040900 2396
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.000
048 A010900 100000
048 A020900 0.700
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 100000
048 K020900 0.600
055 A000900 Y
055 B000900 N
056 000900 Y
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 0
062 A000900 N
<PAGE> PAGE 49
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
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 Y
066 D000900 N
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
070 B020900 N
070 C010900 Y
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
070 J020900 N
070 K010900 Y
<PAGE> PAGE 50
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
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 A000900 53963
071 B000900 13762
071 C000900 62555
071 D000900 22
072 A000900 12
072 B000900 746
072 C000900 20
072 D000900 0
072 E000900 0
072 F000900 536
072 G000900 0
072 H000900 0
072 I000900 0
072 J000900 20
072 K000900 5
072 L000900 12
072 M000900 2
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 12
072 S000900 3
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 5
072 X000900 595
072 Y000900 0
072 Z000900 171
072AA000900 1124
072BB000900 5961
072CC010900 6948
072CC020900 0
072DD010900 170
072DD020900 0
<PAGE> PAGE 51
072EE000900 0
073 A010900 0.0240
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 1
074 B000900 0
074 C000900 14331
074 D000900 0
074 E000900 0
074 F000900 83089
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 0
074 L000900 47
074 M000900 0
074 N000900 97468
074 O000900 377
074 P000900 57
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 103
074 S000900 0
074 T000900 96931
074 U010900 7117
074 U020900 0
074 V010900 13.62
074 V020900 0.00
074 W000900 0.0000
074 X000900 1
074 Y000900 0
075 A000900 0
075 B000900 76531
076 000900 0.00
080 A000900 RELIANCE INSURANCE COMPANY
080 C000900 400
081 A000900 N
081 B000900 0
082 A000900 N
082 B000900 0
008 A001001 FORTIS ADVISERS, INC.
008 B001001 A
008 C001001 801-07877
008 D011001 WOODBURY
008 D021001 MN
008 D031001 55125
008 A001002 MORGAN STANLEY ASSET MANAGEMENT LIMITED
<PAGE> PAGE 52
008 B001002 S
008 C001002 801-26847
008 D011002 LONDON
008 D051002 ENGLAND
024 001000 Y
025 A001001 FIRST BANK N.A. MINNEAPOLIS
025 B001001 41-0256395
025 C001001 D
025 D001001 4946
025 A001002 DELETE
025 D001002 0
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
028 A011000 1464
028 A021000 0
028 A031000 0
028 A041000 78
028 B011000 1013
028 B021000 0
028 B031000 0
028 B041000 370
028 C011000 817
028 C021000 96
028 C031000 0
028 C041000 89
028 D011000 1420
028 D021000 0
028 D031000 0
028 D041000 20
028 E011000 817
028 E021000 0
028 E031000 0
028 E041000 55
028 F011000 1190
028 F021000 1403
028 F031000 0
028 F041000 179
028 G011000 6721
028 G021000 1499
028 G031000 0
028 G041000 791
028 H001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.000
048 A011000 100000
<PAGE> PAGE 53
048 A021000 0.900
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 100000
048 K021000 0.850
055 A001000 N
055 B001000 N
056 001000 Y
057 001000 N
058 A001000 N
059 001000 Y
060 A001000 Y
060 B001000 Y
061 001000 0
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 13.3
062 K001000 0.0
062 L001000 0.0
062 M001000 10.5
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 26.5
062 R001000 0.0
063 A001000 0
063 B001000 4.5
064 A001000 Y
<PAGE> PAGE 54
064 B001000 N
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 N
066 E001000 N
066 F001000 N
066 G001000 Y
067 001000 N
068 A001000 N
068 B001000 Y
069 001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 Y
070 M011000 Y
070 M021000 Y
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000 25185
071 B001000 11325
071 C001000 24620
<PAGE> PAGE 55
071 D001000 46
072 A001000 12
072 B001000 893
072 C001000 316
072 D001000 0
072 E001000 0
072 F001000 259
072 G001000 0
072 H001000 0
072 I001000 0
072 J001000 62
072 K001000 1
072 L001000 5
072 M001000 1
072 N001000 0
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 13
072 S001000 1
072 T001000 0
072 U001000 0
072 V001000 0
072 W001000 3
072 X001000 345
072 Y001000 0
072 Z001000 864
072AA001000 778
072BB001000 109
072CC011000 2019
072CC021000 0
072DD011000 898
072DD021000 0
072EE001000 601
073 A011000 0.3110
073 A021000 0.0000
073 B001000 0.2110
073 C001000 0.0000
074 A001000 89
074 B001000 0
074 C001000 4946
074 D001000 13773
074 E001000 80
074 F001000 18116
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 17
074 K001000 0
074 L001000 534
074 M001000 0
<PAGE> PAGE 56
074 N001000 37555
074 O001000 54
074 P001000 28
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 166
074 S001000 0
074 T001000 37307
074 U011000 3022
074 U021000 0
074 V011000 12.34
074 V021000 0.00
074 W001000 0.0000
074 X001000 1
074 Y001000 0
075 A001000 0
075 B001000 28696
076 001000 0.00
080 A001000 RELIANCE INSURANCE COMPANY
080 C001000 300
081 A001000 N
081 B001000 0
082 A001000 N
082 B001000 0
008 A001101 FORTIS ADVISERS, INC.
008 B001101 A
008 C001101 801-07877
008 D011101 WOODBURY
008 D021101 MN
008 D031101 55125
008 A001102 MERCURY ASSET MANAGEMENT INTERNATIONAL LTD
008 B001102 S
008 C001102 801-10680
008 D011102 LONDON
008 D051102 ENGLAND
024 001100 N
025 A001101 DELETE
025 D001101 0
025 D001102 0
025 D001103 0
025 D001104 0
025 D001105 0
025 D001106 0
025 D001107 0
025 D001108 0
028 A011100 1004
028 A021100 0
028 A031100 0
028 A041100 231
<PAGE> PAGE 57
028 B011100 925
028 B021100 0
028 B031100 0
028 B041100 158
028 C011100 809
028 C021100 206
028 C031100 0
028 C041100 206
028 D011100 595
028 D021100 0
028 D031100 0
028 D041100 237
028 E011100 560
028 E021100 0
028 E031100 0
028 E041100 237
028 F011100 223
028 F021100 775
028 F031100 0
028 F041100 1145
028 G011100 4116
028 G021100 981
028 G031100 0
028 G041100 2214
028 H001100 0
045 001100 Y
046 001100 N
047 001100 Y
048 001100 0.000
048 A011100 100000
048 A021100 0.750
048 B011100 0
048 B021100 0.000
048 C011100 0
048 C021100 0.000
048 D011100 0
048 D021100 0.000
048 E011100 0
048 E021100 0.000
048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 100000
048 K021100 0.650
<PAGE> PAGE 58
055 A001100 N
055 B001100 N
056 001100 Y
057 001100 N
058 A001100 N
059 001100 Y
060 A001100 N
060 B001100 N
061 001100 0
062 A001100 Y
062 B001100 4.9
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 2.0
062 M001100 17.1
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 75.1
062 R001100 0.0
063 A001100 0
063 B001100 6.8
064 A001100 Y
064 B001100 N
066 A001100 N
067 001100 N
068 A001100 N
068 B001100 Y
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 N
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 N
<PAGE> PAGE 59
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100 26840
071 B001100 20238
071 C001100 15688
071 D001100 129
072 A001100 12
072 B001100 1068
072 C001100 0
072 D001100 0
072 E001100 0
072 F001100 131
072 G001100 0
072 H001100 0
072 I001100 0
072 J001100 31
072 K001100 0
072 L001100 3
072 M001100 0
072 N001100 0
072 O001100 0
072 P001100 0
072 Q001100 0
072 R001100 7
072 S001100 3
072 T001100 0
072 U001100 0
072 V001100 0
072 W001100 5
072 X001100 180
072 Y001100 0
072 Z001100 888
<PAGE> PAGE 60
072AA001100 425
072BB001100 95
072CC011100 0
072CC021100 440
072DD011100 669
072DD021100 0
072EE001100 312
073 A011100 0.3740
073 A021100 0.0000
073 B001100 0.1790
073 C001100 0.0000
074 A001100 110
074 B001100 0
074 C001100 1393
074 D001100 18650
074 E001100 0
074 F001100 0
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 0
074 K001100 0
074 L001100 633
074 M001100 0
074 N001100 20786
074 O001100 0
074 P001100 13
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 545
074 S001100 0
074 T001100 20228
074 U011100 1821
074 U021100 0
074 V011100 11.11
074 V021100 0.00
074 W001100 0.0000
074 X001100 1
074 Y001100 0
075 A001100 0
075 B001100 17413
076 001100 0.00
080 A001100 RELIANCE INSURANCE COMPANY
080 C001100 300
081 A001100 N
081 B001100 0
082 A001100 N
082 B001100 0
008 A001201 FORTIS ADVISERS, INC.
<PAGE> PAGE 61
008 B001201 A
008 C001201 801-07877
008 D011201 WOODBURY
008 D021201 MN
008 D031201 55125
008 A001202 LAZARD-FRERES ASSET MANAGEMENT
008 B001202 S
008 C001202 801-6568
008 D011202 NEW YORK
008 D021202 NY
008 D031202 10020
024 001200 Y
025 A001201 FIRST BANK N.A. MINNEAPOLIS
025 B001201 41-0256395
025 C001201 D
025 D001201 193
025 A001202 DELETE
025 D001202 0
025 D001203 0
025 D001204 0
025 D001205 0
025 D001206 0
025 D001207 0
025 D001208 0
028 A011200 2539
028 A021200 0
028 A031200 0
028 A041200 832
028 B011200 2149
028 B021200 0
028 B031200 0
028 B041200 21
028 C011200 1461
028 C021200 169
028 C031200 0
028 C041200 47
028 D011200 2859
028 D021200 0
028 D031200 0
028 D041200 1
028 E011200 1725
028 E021200 0
028 E031200 0
028 E041200 35
028 F011200 1819
028 F021200 1412
028 F031200 0
028 F041200 860
028 G011200 12552
028 G021200 1581
028 G031200 0
<PAGE> PAGE 62
028 G041200 1796
028 H001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.000
048 A011200 100000
048 A021200 0.850
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 100000
048 K021200 0.800
055 A001200 N
055 B001200 N
056 001200 Y
057 001200 N
058 A001200 N
059 001200 Y
060 A001200 Y
060 B001200 Y
061 001200 0
062 A001200 N
062 B001200 0.0
062 C001200 0.0
062 D001200 0.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 0.0
062 N001200 0.0
<PAGE> PAGE 63
062 O001200 0.0
062 P001200 0.0
062 Q001200 0.0
062 R001200 0.0
063 A001200 0
063 B001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 Y
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 Y
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 Y
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
<PAGE> PAGE 64
070 R011200 N
070 R021200 N
071 A001200 35271
071 B001200 9497
071 C001200 35174
071 D001200 27
072 A001200 12
072 B001200 163
072 C001200 899
072 D001200 0
072 E001200 0
072 F001200 318
072 G001200 0
072 H001200 0
072 I001200 0
072 J001200 78
072 K001200 7
072 L001200 7
072 M001200 1
072 N001200 0
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 14
072 S001200 0
072 T001200 0
072 U001200 0
072 V001200 0
072 W001200 3
072 X001200 428
072 Y001200 0
072 Z001200 634
072AA001200 1409
072BB001200 489
072CC011200 3683
072CC021200 0
072DD011200 699
072DD021200 0
072EE001200 882
073 A011200 0.1740
073 A021200 0.0000
073 B001200 0.2210
073 C001200 0.0000
074 A001200 0
074 B001200 0
074 C001200 2631
074 D001200 0
074 E001200 941
074 F001200 48904
074 G001200 0
074 H001200 0
<PAGE> PAGE 65
074 I001200 0
074 J001200 0
074 K001200 0
074 L001200 169
074 M001200 0
074 N001200 52645
074 O001200 0
074 P001200 36
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 278
074 S001200 0
074 T001200 52331
074 U011200 4206
074 U021200 0
074 V011200 12.44
074 V021200 0.00
074 W001200 0.0000
074 X001200 1
074 Y001200 0
075 A001200 0
075 B001200 37390
076 001200 0.00
080 A001200 RELIANCE INSURANCE COMPANY
080 C001200 300
081 A001200 N
081 B001200 0
082 A001200 N
082 B001200 0
008 A001301 FORTIS ADVISERS, INC.
008 B001301 A
008 C001301 801-07877
008 D011301 WOODBURY
008 D021301 MN
008 D031301 55125
024 001300 Y
025 A001301 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B001301 13-5674085
025 C001301 E
025 D001301 61
025 A001302 FIRST BANK N.A. MINNEAPOLIS
025 B001302 41-0256395
025 C001302 D
025 D001302 414
025 A001303 FIRST BANK N.A. MINNEAPOLIS
025 B001303 41-0256395
025 C001303 E
025 D001303 246
025 D001304 0
<PAGE> PAGE 66
025 D001305 0
025 D001306 0
025 D001307 0
025 D001308 0
028 A011300 1743
028 A021300 0
028 A031300 0
028 A041300 18
028 B011300 1251
028 B021300 0
028 B031300 0
028 B041300 13
028 C011300 1138
028 C021300 0
028 C031300 0
028 C041300 3
028 D011300 1985
028 D021300 0
028 D031300 0
028 D041300 1
028 E011300 2082
028 E021300 0
028 E031300 0
028 E041300 10
028 F011300 1259
028 F021300 76
028 F031300 0
028 F041300 62
028 G011300 9458
028 G021300 76
028 G031300 0
028 G041300 107
028 H001300 0
045 001300 Y
046 001300 N
047 001300 Y
048 001300 0.000
048 A011300 100000
048 A021300 0.700
048 B011300 0
048 B021300 0.000
048 C011300 0
048 C021300 0.000
048 D011300 0
048 D021300 0.000
048 E011300 0
048 E021300 0.000
048 F011300 0
048 F021300 0.000
048 G011300 0
048 G021300 0.000
<PAGE> PAGE 67
048 H011300 0
048 H021300 0.000
048 I011300 0
048 I021300 0.000
048 J011300 0
048 J021300 0.000
048 K011300 100000
048 K021300 0.600
055 A001300 Y
055 B001300 N
056 001300 Y
057 001300 N
058 A001300 N
059 001300 Y
060 A001300 Y
060 B001300 Y
061 001300 0
062 A001300 N
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 0.0
062 M001300 0.0
062 N001300 0.0
062 O001300 0.0
062 P001300 0.0
062 Q001300 0.0
062 R001300 0.0
063 A001300 0
063 B001300 0.0
066 A001300 Y
066 B001300 N
066 C001300 N
066 D001300 Y
066 E001300 N
066 F001300 N
066 G001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 N
070 B011300 Y
<PAGE> PAGE 68
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 Y
070 K011300 Y
070 K021300 N
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 13824
071 B001300 2164
071 C001300 6011
071 D001300 36
072 A001300 9
072 B001300 38
072 C001300 84
072 D001300 0
072 E001300 0
072 F001300 33
072 G001300 0
072 H001300 0
072 I001300 0
072 J001300 4
072 K001300 0
072 L001300 0
072 M001300 0
072 N001300 0
<PAGE> PAGE 69
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 1
072 S001300 3
072 T001300 0
072 U001300 0
072 V001300 0
072 W001300 0
072 X001300 41
072 Y001300 0
072 Z001300 81
072AA001300 148
072BB001300 164
072CC011300 996
072CC021300 0
072DD011300 76
072DD021300 0
072EE001300 0
073 A011300 0.0640
073 A021300 0.0000
073 B001300 0.0000
073 C001300 0.0000
074 A001300 117
074 B001300 0
074 C001300 1519
074 D001300 0
074 E001300 227
074 F001300 12413
074 G001300 0
074 H001300 0
074 I001300 0
074 J001300 0
074 K001300 0
074 L001300 82
074 M001300 1
074 N001300 14359
074 O001300 398
074 P001300 8
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 2
074 S001300 0
074 T001300 13951
074 U011300 1226
074 U021300 0
074 V011300 11.38
074 V021300 0.00
074 W001300 0.0000
<PAGE> PAGE 70
074 X001300 2
074 Y001300 0
075 A001300 0
075 B001300 6432
076 001300 0.00
080 A001300 RELIANCE INSURANCE COMPANY
080 C001300 300
081 A001300 N
081 B001300 0
082 A001300 N
082 B001300 0
008 A001401 FORTIS ADVISERS, INC.
008 B001401 A
008 C001401 801-07877
008 D011401 WOODBURY
008 D021401 MN
008 D031401 55125
008 A001402 THE DREYFUS CORPORATION
008 B001402 S
008 C001402 801-8147
008 D011402 PITTSBURGH
008 D021402 PA
008 D031402 15258
024 001400 Y
025 A001401 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
025 B001401 13-5674085
025 C001401 E
025 D001401 49
025 A001402 MORGAN STANLEY & CO., INC.
025 B001402 13-2655998
025 C001402 E
025 D001402 34
025 A001403 FIRST BANK N.A.
025 B001403 41-0256395
025 C001403 E
025 D001403 34
025 A001404 SALOMON BROTHERS, INC.
025 B001404 13-3082694
025 C001404 E
025 D001404 19
025 A001405 J.P. MORGAN & CO., INC.
025 B001405 13-2625764
025 C001405 E
025 D001405 49
025 A001406 BANKERS TRUST CO.
025 B001406 13-4941247
025 C001406 E
025 D001406 17
025 A001407 NATIONS BANK
025 B001407 56-1684171
025 C001407 E
<PAGE> PAGE 71
025 D001407 137
025 D001408 0
028 A011400 2197
028 A021400 0
028 A031400 0
028 A041400 0
028 B011400 1661
028 B021400 0
028 B031400 0
028 B041400 26
028 C011400 1525
028 C021400 0
028 C031400 0
028 C041400 79
028 D011400 2530
028 D021400 0
028 D031400 0
028 D041400 36
028 E011400 3276
028 E021400 0
028 E031400 0
028 E041400 674
028 F011400 2408
028 F021400 123
028 F031400 0
028 F041400 358
028 G011400 13597
028 G021400 123
028 G031400 0
028 G041400 1173
028 H001400 0
045 001400 Y
046 001400 N
047 001400 Y
048 001400 0.400
048 A011400 0
048 A021400 0.000
048 B011400 0
048 B021400 0.000
048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
048 G021400 0.000
048 H011400 0
048 H021400 0.000
<PAGE> PAGE 72
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
055 A001400 N
055 B001400 N
056 001400 Y
057 001400 N
058 A001400 N
059 001400 Y
060 A001400 Y
060 B001400 Y
061 001400 0
062 A001400 N
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 0.0
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
063 A001400 0
063 B001400 0.0
066 A001400 Y
066 B001400 N
066 C001400 N
066 D001400 N
066 E001400 N
066 F001400 N
066 G001400 Y
067 001400 N
068 A001400 N
068 B001400 N
069 001400 Y
070 A011400 Y
070 A021400 Y
070 B011400 Y
070 B021400 N
070 C011400 Y
<PAGE> PAGE 73
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 Y
070 F021400 Y
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 Y
070 L021400 Y
070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400 20332
071 B001400 652
071 C001400 10867
071 D001400 6
072 A001400 9
072 B001400 12
072 C001400 185
072 D001400 0
072 E001400 0
072 F001400 35
072 G001400 0
072 H001400 0
072 I001400 0
072 J001400 19
072 K001400 0
072 L001400 1
072 M001400 0
072 N001400 0
072 O001400 0
072 P001400 0
<PAGE> PAGE 74
072 Q001400 0
072 R001400 2
072 S001400 6
072 T001400 0
072 U001400 0
072 V001400 0
072 W001400 6
072 X001400 69
072 Y001400 0
072 Z001400 128
072AA001400 94
072BB001400 7
072CC011400 1718
072CC021400 0
072DD011400 122
072DD021400 0
072EE001400 1
073 A011400 0.0660
073 A021400 0.0000
073 B001400 0.0006
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 545
074 D001400 0
074 E001400 0
074 F001400 21488
074 G001400 0
074 H001400 0
074 I001400 0
074 J001400 0
074 K001400 0
074 L001400 131
074 M001400 0
074 N001400 22164
074 O001400 131
074 P001400 7
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 47
074 S001400 0
074 T001400 21979
074 U011400 1917
074 U021400 0
074 V011400 11.47
074 V021400 0.00
074 W001400 0.0000
074 X001400 2
074 Y001400 0
<PAGE> PAGE 75
075 A001400 0
075 B001400 11783
076 001400 0.00
080 A001400 RELIANCE INSURANCE COMPANY
080 C001400 300
081 A001400 N
081 B001400 0
082 A001400 N
082 B001400 0
008 A001501 FORTIS ADVISERS, INC.
008 B001501 A
008 C001501 801-07877
008 D011501 WOODBURY
008 D021501 MN
008 D031501 55125
008 A001502 T. ROWE PRICE ASSOCIATES, INC.
008 B001502 S
008 C001502 801-856
008 D011502 BALTIMORE
008 D021502 MD
008 D031502 21202
024 001500 Y
025 A001501 CHASE MANHATTAN CORP.
025 B001501 41-0988154
025 C001501 E
025 D001501 187
025 A001502 NATIONS BANK
025 B001502 56-1684171
025 C001502 E
025 D001502 127
025 D001503 0
025 D001504 0
025 D001505 0
025 D001506 0
025 D001507 0
025 D001508 0
028 A011500 2440
028 A021500 0
028 A031500 0
028 A041500 958
028 B011500 1651
028 B021500 0
028 B031500 0
028 B041500 513
028 C011500 1307
028 C021500 0
028 C031500 0
028 C041500 0
028 D011500 3180
028 D021500 0
028 D031500 0
<PAGE> PAGE 76
028 D041500 949
028 E011500 2289
028 E021500 0
028 E031500 0
028 E041500 319
028 F011500 1341
028 F021500 60
028 F031500 0
028 F041500 313
028 G011500 12208
028 G021500 60
028 G031500 0
028 G041500 3052
028 H001500 0
045 001500 Y
046 001500 N
047 001500 Y
048 001500 0.000
048 A011500 100000
048 A021500 0.900
048 B011500 0
048 B021500 0.000
048 C011500 0
048 C021500 0.000
048 D011500 0
048 D021500 0.000
048 E011500 0
048 E021500 0.000
048 F011500 0
048 F021500 0.000
048 G011500 0
048 G021500 0.000
048 H011500 0
048 H021500 0.000
048 I011500 0
048 I021500 0.000
048 J011500 0
048 J021500 0.000
048 K011500 100000
048 K021500 0.850
055 A001500 Y
055 B001500 N
056 001500 Y
057 001500 N
058 A001500 N
059 001500 Y
060 A001500 Y
060 B001500 Y
061 001500 0
062 A001500 N
062 B001500 0.0
<PAGE> PAGE 77
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 0.0
062 M001500 0.0
062 N001500 0.0
062 O001500 0.0
062 P001500 0.0
062 Q001500 0.0
062 R001500 0.0
063 A001500 0
063 B001500 0.0
066 A001500 Y
066 B001500 N
066 C001500 N
066 D001500 Y
066 E001500 N
066 F001500 N
066 G001500 N
067 001500 N
068 A001500 N
068 B001500 N
069 001500 N
070 A011500 Y
070 A021500 N
070 B011500 Y
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 Y
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 Y
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 Y
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 Y
070 K011500 Y
070 K021500 Y
<PAGE> PAGE 78
070 L011500 Y
070 L021500 Y
070 M011500 Y
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500 15730
071 B001500 1493
071 C001500 8782
071 D001500 17
072 A001500 9
072 B001500 52
072 C001500 93
072 D001500 0
072 E001500 0
072 F001500 67
072 G001500 0
072 H001500 0
072 I001500 0
072 J001500 10
072 K001500 1
072 L001500 1
072 M001500 0
072 N001500 0
072 O001500 0
072 P001500 0
072 Q001500 0
072 R001500 1
072 S001500 4
072 T001500 0
072 U001500 0
072 V001500 0
072 W001500 0
072 X001500 84
072 Y001500 0
072 Z001500 61
072AA001500 101
072BB001500 90
072CC011500 1757
072CC021500 0
072DD011500 60
072DD021500 0
072EE001500 0
<PAGE> PAGE 79
073 A011500 0.0410
073 A021500 0.0000
073 B001500 0.0000
073 C001500 0.0000
074 A001500 0
074 B001500 0
074 C001500 1823
074 D001500 0
074 E001500 0
074 F001500 16005
074 G001500 0
074 H001500 0
074 I001500 0
074 J001500 3
074 K001500 0
074 L001500 42
074 M001500 3
074 N001500 17876
074 O001500 233
074 P001500 13
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 24
074 S001500 0
074 T001500 17606
074 U011500 1509
074 U021500 0
074 V011500 11.67
074 V021500 0.00
074 W001500 0.0000
074 X001500 2
074 Y001500 0
075 A001500 0
075 B001500 9966
076 001500 0.00
080 A001500 RELIANCE INSURANCE COMPANY
080 C001500 300
081 A001500 N
081 B001500 0
082 A001500 N
082 B001500 0
SIGNATURE TAMARA L. FAGELY
TITLE TREASURER
KPMG Peat Marwick LLP
4200 Norwest Center
90 South Seventh Street
Minneapolis MN 55402
Independent Auditors' Report on Internal
Accounting Control
The Board of Directors and Shareholders
Fortis Series Fund, Inc.
In planning and performing our audits of the
financial statements of of Money Market Series,
U.S. Government Securities Series, Diversified
Income Series, Global Bond Series, High Yield
Series, Asset Allocation Series, Global Asset
Allocation Series, Value Series, Growth and
Income Series, S&P 500 Index Series, Blue Chip
Stock Series, Global Growth Series, Growth Stock
Series, International Stock Series, and
Aggressive Growth Series (portfolios within
Fortis Series Fund, Inc.) for the fiscal periods
ended December 31, 1996, we considered their
internal control structure, including procedures
for safeguarding securities, in order to
determine our auditing procedures for the purpose
of expressing our opinion on the financial
statements and to comply with the requirements of
Form N-SAR, not to provide assurance on the
internal control structure.
The management of the Company 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 safeguarded against
loss from unauthorized use or disposition and
that transactions are executed in accordance with
management's authorization and recorded properly
to permit the 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 of
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 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/
KPMG Peat Marwick LLP
Minneapolis Minnesota
February 14, 1997
ATTACHMENT FOR FORM N-SAR SUB-ITEM 77O
FORTIS SERIES FUND, INC.
On November 18, 1996, the Global Asset Allocation
Series of Registrant, which is sub-advised by
Morgan Stanley Asset Management Limited, entered
into a Rule 10f-3 transaction. 5,250 shares of
an initial public offering of the shares of
Deutsche Telekom ADR, (with a value of $99,172),
were purchased from SBC Warburg, a non-affiliated
brokerage firm. The terms of the transaction were
as set forth in the prospectus for this offering
that was filed with the Commission. Members of
the underwriting syndicate were Goldman Sachs &
Co.; Deutsche Morgan Grenfell Inc.; Merrill,
Lynch, Pierce, Fenner & Smith Incorporated; ABN
AMRO Securities (USA) Inc.; CS First Boston
Corporation; and Dresdner Kleinwort Benson North
America LLC. The determination required by Rule
10f-3(h)(3) will be made at the next quarterly
meeting of Registrant's Board of Directors and
will be based upon Morgan Stanley Asset
Management Limited's documentation of compliance
with the provisions of Rule 10f-3.
KPMG Peat Marwick LLP
4200 Norwest Center
90 South Seventh Street
Minneapolis MN 55402
Independent Auditors' Report on Internal Accounting
Control
The Board of Directors and Shareholders
Fortis Series Fund, Inc.
In planning and performing our audits of the financial
statements of of Money Market Series, U.S. Government
Securities Series, Diversified Income Series, Global
Bond Series, High Yield Series, Asset Allocation
Series, Global Asset Allocation Series, Value Series,
Growth and Income Series, S&P 500 Index Series, Blue
Chip Stock Series, Global Growth Series, Growth Stock
Series, International Stock Series, and Aggressive
Growth Series (portfolios within Fortis Series Fund,
Inc.) for the fiscal periods ended December 31, 1996,
we considered their internal control structure,
including procedures for safeguarding securities, in
order to determine our auditing procedures for the
purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form
N-SAR, not to provide assurance on the internal control
structure.
The management of the Company 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 safeguarded against loss from
unauthorized use or disposition and that transactions
are executed in accordance with management's
authorization and recorded properly to permit the
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 of 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 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/
KPMG Peat Marwick LLP
Minneapolis Minnesota
February 14, 1997
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 82 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 10
<NAME> GLOBAL ASSET ALLOCATION SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 33,831,706
<INVESTMENTS-AT-VALUE> 36,914,826
<RECEIVABLES> 551,376
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 89,069
<TOTAL-ASSETS> 37,555,271
<PAYABLE-FOR-SECURITIES> 54,375
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193,864
<TOTAL-LIABILITIES> 248,239
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34,095,931
<SHARES-COMMON-STOCK> 3,022,304
<SHARES-COMMON-PRIOR> 1,757,747
<ACCUMULATED-NII-CURRENT> 78,306
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 35,491
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,097,304
<NET-ASSETS> 37,307,032
<DIVIDEND-INCOME> 316,718
<INTEREST-INCOME> 893,130
<OTHER-INCOME> 0
<EXPENSES-NET> (345,388)
<NET-INVESTMENT-INCOME> 864,460
<REALIZED-GAINS-CURRENT> 668,532
<APPREC-INCREASE-CURRENT> 2,018,694
<NET-CHANGE-FROM-OPS> 3,551,686
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (897,921)
<DISTRIBUTIONS-OF-GAINS> (601,285)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,436,030
<NUMBER-OF-SHARES-REDEEMED> (295,210)
<SHARES-REINVESTED> 123,737
<NET-CHANGE-IN-ASSETS> 17,226,862
<ACCUMULATED-NII-PRIOR> 690
<ACCUMULATED-GAINS-PRIOR> 79,321
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 258,678
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 345,388
<AVERAGE-NET-ASSETS> 28,696,000
<PER-SHARE-NAV-BEGIN> 11.42
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> 1.19
<PER-SHARE-DIVIDEND> (0.38)
<PER-SHARE-DISTRIBUTIONS> (0.25)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.34
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 86 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 09
<NAME> AGGRESSIVE GROWTH SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 82,127,278
<INVESTMENTS-AT-VALUE> 97,419,760
<RECEIVABLES> 47,102
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,417
<TOTAL-ASSETS> 97,468,279
<PAYABLE-FOR-SECURITIES> 377,234
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,282
<TOTAL-LIABILITIES> 537,516
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 87,922,312
<SHARES-COMMON-STOCK> 7,116,883
<SHARES-COMMON-PRIOR> 3,703,609
<ACCUMULATED-NII-CURRENT> 1,353
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6,285,384)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,292,482
<NET-ASSETS> 96,930,763
<DIVIDEND-INCOME> 19,920
<INTEREST-INCOME> 746,010
<OTHER-INCOME> 0
<EXPENSES-NET> (595,075)
<NET-INVESTMENT-INCOME> 170,855
<REALIZED-GAINS-CURRENT> (4,837,293)
<APPREC-INCREASE-CURRENT> 6,947,700
<NET-CHANGE-FROM-OPS> 2,281,262
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (169,502)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,864,188
<NUMBER-OF-SHARES-REDEEMED> (463,405)
<SHARES-REINVESTED> 12,491
<NET-CHANGE-IN-ASSETS> 49,987,501
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,448,091)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 535,835
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 595,075
<AVERAGE-NET-ASSETS> 76,531,000
<PER-SHARE-NAV-BEGIN> 12.68
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.94
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.62
<EXPENSE-RATIO> 0.78
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 84 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 15
<NAME> BLUE CHIP STOCK SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> MAR-28-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 16,070,543
<INVESTMENTS-AT-VALUE> 17,827,861
<RECEIVABLES> 45,525
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2,925
<TOTAL-ASSETS> 17,876,311
<PAYABLE-FOR-SECURITIES> 233,104
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 37,049
<TOTAL-LIABILITIES> 270,153
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,836,984
<SHARES-COMMON-STOCK> 1,508,633
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 777
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 11,079
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,757,318
<NET-ASSETS> 17,606,158
<DIVIDEND-INCOME> 93,062
<INTEREST-INCOME> 51,685
<OTHER-INCOME> 0
<EXPENSES-NET> (83,642)
<NET-INVESTMENT-INCOME> 61,105
<REALIZED-GAINS-CURRENT> 11,079
<APPREC-INCREASE-CURRENT> 1,757,318
<NET-CHANGE-FROM-OPS> 1,829,502
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (60,328)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,790,768
<NUMBER-OF-SHARES-REDEEMED> (287,305)
<SHARES-REINVESTED> 5,170
<NET-CHANGE-IN-ASSETS> 17,606,158
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 66,780
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 83,642
<AVERAGE-NET-ASSETS> 9,966,000
<PER-SHARE-NAV-BEGIN> 10.07
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 1.60
<PER-SHARE-DIVIDEND> (0.07)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.67
<EXPENSE-RATIO> 1.13<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 80 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 11
<NAME> GLOBAL BOND SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 19,955,999
<INVESTMENTS-AT-VALUE> 20,043,504
<RECEIVABLES> 632,870
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 110,024
<TOTAL-ASSETS> 20,786,398
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 558,777
<TOTAL-LIABILITIES> 558,777
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,731,401
<SHARES-COMMON-STOCK> 1,820,600
<SHARES-COMMON-PRIOR> 1,167,231
<ACCUMULATED-NII-CURRENT> 162,922
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 188,958
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 144,340
<NET-ASSETS> 20,227,621
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,067,999
<OTHER-INCOME> 0
<EXPENSES-NET> (179,911)
<NET-INVESTMENT-INCOME> 888,088
<REALIZED-GAINS-CURRENT> 329,721
<APPREC-INCREASE-CURRENT> (439,690)
<NET-CHANGE-FROM-OPS> 778,119
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (669,496)
<DISTRIBUTIONS-OF-GAINS> (311,936)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 889,018
<NUMBER-OF-SHARES-REDEEMED> (324,860)
<SHARES-REINVESTED> 89,211
<NET-CHANGE-IN-ASSETS> 7,040,147
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 115,503
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 131,386
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 179,911
<AVERAGE-NET-ASSETS> 17,413,000
<PER-SHARE-NAV-BEGIN> 11.30
<PER-SHARE-NII> 0.57
<PER-SHARE-GAIN-APPREC> (0.13)
<PER-SHARE-DIVIDEND> (0.43)
<PER-SHARE-DISTRIBUTIONS> (0.20)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.11
<EXPENSE-RATIO> 1.02
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 83 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 08
<NAME> GROWTH & INCOME SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 108,930,533
<INVESTMENTS-AT-VALUE> 133,537,710
<RECEIVABLES> 1,476,837
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 299
<TOTAL-ASSETS> 135,014,846
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 82,641
<TOTAL-LIABILITIES> 82,641
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 110,792,259
<SHARES-COMMON-STOCK> 8,898,856
<SHARES-COMMON-PRIOR> 4,638,850
<ACCUMULATED-NII-CURRENT> 4,639
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (471,870)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24,607,177
<NET-ASSETS> 134,932,205
<DIVIDEND-INCOME> 2,245,756
<INTEREST-INCOME> 748,726
<OTHER-INCOME> 0
<EXPENSES-NET> (726,219)
<NET-INVESTMENT-INCOME> 2,268,263
<REALIZED-GAINS-CURRENT> 1,336,739
<APPREC-INCREASE-CURRENT> 15,884,901
<NET-CHANGE-FROM-OPS> 19,489,903
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,285,895)
<DISTRIBUTIONS-OF-GAINS> (1,402,797)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,220,664
<NUMBER-OF-SHARES-REDEEMED> (205,106)
<SHARES-REINVESTED> 244,448
<NET-CHANGE-IN-ASSETS> 75,399,275
<ACCUMULATED-NII-PRIOR> 22,271
<ACCUMULATED-GAINS-PRIOR> (405,812)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 660,575
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 726,219
<AVERAGE-NET-ASSETS> 95,424,000
<PER-SHARE-NAV-BEGIN> 12.83
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> 2.54
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> (0.21)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.16
<EXPENSE-RATIO> 0.76
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 84 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 06
<NAME> GLOBAL GROWTH SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 214,071,714
<INVESTMENTS-AT-VALUE> 319,623,429
<RECEIVABLES> 497,537
<ASSETS-OTHER> 79,685,151<F1>
<OTHER-ITEMS-ASSETS> 795
<TOTAL-ASSETS> 399,806,912
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,976,191<F1>
<TOTAL-LIABILITIES> 79,976,191
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 231,190,342
<SHARES-COMMON-STOCK> 16,836,922
<SHARES-COMMON-PRIOR> 13,017,895
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16,910,994)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 105,551,373
<NET-ASSETS> 319,830,721
<DIVIDEND-INCOME> 1,472,770
<INTEREST-INCOME> 979,521
<OTHER-INCOME> 93,561<F2>
<EXPENSES-NET> (2,139,529)
<NET-INVESTMENT-INCOME> 406,323
<REALIZED-GAINS-CURRENT> (3,142,634)
<APPREC-INCREASE-CURRENT> 46,400,736
<NET-CHANGE-FROM-OPS> 43,664,425
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (433,609)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,179,864
<NUMBER-OF-SHARES-REDEEMED> (384,054)
<SHARES-REINVESTED> 23,217
<NET-CHANGE-IN-ASSETS> 111,917,818
<ACCUMULATED-NII-PRIOR> 27,390
<ACCUMULATED-GAINS-PRIOR> (13,781,136)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,888,142
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,139,529
<AVERAGE-NET-ASSETS> 269,307,000
<PER-SHARE-NAV-BEGIN> 15.97
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 3.03
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.00
<EXPENSE-RATIO> 0.79
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $77,268,169 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $79,685,151 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH DECEMBER 31, 1996.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 85 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 01
<NAME> GROWTH STOCK SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 422,121,191
<INVESTMENTS-AT-VALUE> 661,691,687
<RECEIVABLES> 224,676
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 919
<TOTAL-ASSETS> 661,917,282
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 700,240
<TOTAL-LIABILITIES> 700,240
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 426,254,517
<SHARES-COMMON-STOCK> 20,286,628
<SHARES-COMMON-PRIOR> 18,899,411
<ACCUMULATED-NII-CURRENT> 66,146
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,674,117)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 239,570,496
<NET-ASSETS> 661,217,042
<DIVIDEND-INCOME> 933,561
<INTEREST-INCOME> 5,449,572
<OTHER-INCOME> 0
<EXPENSES-NET> (4,062,959)
<NET-INVESTMENT-INCOME> 2,320,174
<REALIZED-GAINS-CURRENT> 22,383,900
<APPREC-INCREASE-CURRENT> 65,647,351
<NET-CHANGE-FROM-OPS> 90,351,425
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,282,758)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,229,103
<NUMBER-OF-SHARES-REDEEMED> (911,048)
<SHARES-REINVESTED> 69,162
<NET-CHANGE-IN-ASSETS> 130,272,515
<ACCUMULATED-NII-PRIOR> 28,730
<ACCUMULATED-GAINS-PRIOR> (27,058,017)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,734,829
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,062,959
<AVERAGE-NET-ASSETS> 605,539,000
<PER-SHARE-NAV-BEGIN> 28.09
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 4.50
<PER-SHARE-DIVIDEND> (0.12)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 32.59
<EXPENSE-RATIO> 0.67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 81 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 07
<NAME> HIGH YIELD SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 42,249,699
<INVESTMENTS-AT-VALUE> 42,335,793
<RECEIVABLES> 1,481,092
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 94,457
<TOTAL-ASSETS> 43,911,342
<PAYABLE-FOR-SECURITIES> 1,308,750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,532
<TOTAL-LIABILITIES> 1,333,282
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 43,603,746
<SHARES-COMMON-STOCK> 4,333,334
<SHARES-COMMON-PRIOR> 2,888,618
<ACCUMULATED-NII-CURRENT> 78,341
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,190,121)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 86,094
<NET-ASSETS> 42,578,060
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,714,195
<OTHER-INCOME> 0
<EXPENSES-NET> (215,186)
<NET-INVESTMENT-INCOME> 3,499,009
<REALIZED-GAINS-CURRENT> 305,622
<APPREC-INCREASE-CURRENT> (372,410)
<NET-CHANGE-FROM-OPS> 3,432,221
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,450,721)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (171,270)
<NUMBER-OF-SHARES-SOLD> 1,622,409
<NUMBER-OF-SHARES-REDEEMED> (548,867)
<SHARES-REINVESTED> 371,174
<NET-CHANGE-IN-ASSETS> 14,448,913
<ACCUMULATED-NII-PRIOR> 30,053
<ACCUMULATED-GAINS-PRIOR> (6,876,891)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 171,148
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 215,186
<AVERAGE-NET-ASSETS> 34,294,000
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> 1.04
<PER-SHARE-GAIN-APPREC> 0.13
<PER-SHARE-DIVIDEND> (1.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (0.05)
<PER-SHARE-NAV-END> 9.83
<EXPENSE-RATIO> 0.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 80 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 05
<NAME> DIVERSIFIED INCOME SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 104,800,086
<INVESTMENTS-AT-VALUE> 105,700,242
<RECEIVABLES> 1,336,083
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,080
<TOTAL-ASSETS> 107,037,405
<PAYABLE-FOR-SECURITIES> 1,096,250
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 110,555
<TOTAL-LIABILITIES> 1,206,805
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107,281,596
<SHARES-COMMON-STOCK> 9,046,813
<SHARES-COMMON-PRIOR> 8,946,660
<ACCUMULATED-NII-CURRENT> 7,379,870
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,731,022)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 900,156
<NET-ASSETS> 105,830,600
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,883,291
<OTHER-INCOME> 0
<EXPENSES-NET> (581,347)
<NET-INVESTMENT-INCOME> 7,301,944
<REALIZED-GAINS-CURRENT> (825,580)
<APPREC-INCREASE-CURRENT> (2,233,621)
<NET-CHANGE-FROM-OPS> 4,242,743
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8,135,037)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (78,938)
<NUMBER-OF-SHARES-SOLD> 532,522
<NUMBER-OF-SHARES-REDEEMED> (1,169,544)
<SHARES-REINVESTED> 737,175
<NET-CHANGE-IN-ASSETS> (3,289,146)
<ACCUMULATED-NII-PRIOR> 8,212,963
<ACCUMULATED-GAINS-PRIOR> (8,826,504)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 503,938
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 581,347
<AVERAGE-NET-ASSETS> 106,466,000
<PER-SHARE-NAV-BEGIN> 12.20
<PER-SHARE-NII> 0.82
<PER-SHARE-GAIN-APPREC> (0.40)
<PER-SHARE-DIVIDEND> (0.91)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (0.01)
<PER-SHARE-NAV-END> 11.70
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 85 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 12
<NAME> INTERNATIONAL STOCK SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 47,467,536
<INVESTMENTS-AT-VALUE> 52,476,151
<RECEIVABLES> 168,809
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 427
<TOTAL-ASSETS> 52,645,387
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 314,046
<TOTAL-LIABILITIES> 314,046
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,238,758
<SHARES-COMMON-STOCK> 4,206,065
<SHARES-COMMON-PRIOR> 1,892,068
<ACCUMULATED-NII-CURRENT> 45,335
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 38,208
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,009,040
<NET-ASSETS> 52,331,341
<DIVIDEND-INCOME> 899,406
<INTEREST-INCOME> 162,582
<OTHER-INCOME> 0
<EXPENSES-NET> (427,608)
<NET-INVESTMENT-INCOME> 634,380
<REALIZED-GAINS-CURRENT> 919,558
<APPREC-INCREASE-CURRENT> 3,683,445
<NET-CHANGE-FROM-OPS> 5,237,383
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (698,708)
<DISTRIBUTIONS-OF-GAINS> (882,391)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,586,940
<NUMBER-OF-SHARES-REDEEMED> (404,381)
<SHARES-REINVESTED> 131,438
<NET-CHANGE-IN-ASSETS> 31,004,019
<ACCUMULATED-NII-PRIOR> 12,900
<ACCUMULATED-GAINS-PRIOR> 97,804
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 317,951
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 427,608
<AVERAGE-NET-ASSETS> 37,390,000
<PER-SHARE-NAV-BEGIN> 11.27
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 1.48
<PER-SHARE-DIVIDEND> (0.21)
<PER-SHARE-DISTRIBUTIONS> (0.30)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.44
<EXPENSE-RATIO> 1.15
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 81 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 04
<NAME> ASSET ALLOCATION SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 328,377,522
<INVESTMENTS-AT-VALUE> 400,069,025
<RECEIVABLES> 2,019,991
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 669,900
<TOTAL-ASSETS> 402,758,916
<PAYABLE-FOR-SECURITIES> 4,799,680
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 246,903
<TOTAL-LIABILITIES> 5,046,583
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 324,477,828
<SHARES-COMMON-STOCK> 23,404,342
<SHARES-COMMON-PRIOR> 21,479,436
<ACCUMULATED-NII-CURRENT> 156,227
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,386,775
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 71,691,503
<NET-ASSETS> 397,712,333
<DIVIDEND-INCOME> 927,456
<INTEREST-INCOME> 14,666,315
<OTHER-INCOME> 0
<EXPENSES-NET> (2,007,969)
<NET-INVESTMENT-INCOME> 13,585,802
<REALIZED-GAINS-CURRENT> 14,650,440
<APPREC-INCREASE-CURRENT> 15,819,704
<NET-CHANGE-FROM-OPS> 44,055,946
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13,564,759)
<DISTRIBUTIONS-OF-GAINS> (6,227,823)
<DISTRIBUTIONS-OTHER> (158,951)
<NUMBER-OF-SHARES-SOLD> 2,214,581
<NUMBER-OF-SHARES-REDEEMED> (1,459,586)
<SHARES-REINVESTED> 1,169,911
<NET-CHANGE-IN-ASSETS> 56,201,027
<ACCUMULATED-NII-PRIOR> 135,184
<ACCUMULATED-GAINS-PRIOR> (6,876,891)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,794,647
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,007,969
<AVERAGE-NET-ASSETS> 371,036,000
<PER-SHARE-NAV-BEGIN> 15.90
<PER-SHARE-NII> 0.61
<PER-SHARE-GAIN-APPREC> 1.38
<PER-SHARE-DIVIDEND> (0.61)
<PER-SHARE-DISTRIBUTIONS> (0.28)
<RETURNS-OF-CAPITAL> (0.01)
<PER-SHARE-NAV-END> 16.99
<EXPENSE-RATIO> 0.54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 79 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 03
<NAME> MONEY MARKET SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 61,379,239
<INVESTMENTS-AT-VALUE> 61,376,239
<RECEIVABLES> 655,008
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 62,031,247
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 124,896
<TOTAL-LIABILITIES> 124,896
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 59,304,793
<SHARES-COMMON-STOCK> 5,656,757
<SHARES-COMMON-PRIOR> 3,861,531
<ACCUMULATED-NII-CURRENT> 2,705,009
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (100,451)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,000)
<NET-ASSETS> 61,906,351
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,906,077
<OTHER-INCOME> 0
<EXPENSES-NET> (200,822)
<NET-INVESTMENT-INCOME> 2,705,255
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (52,386)
<NET-CHANGE-FROM-OPS> 2,652,869
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,223,183)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,746,206
<NUMBER-OF-SHARES-REDEEMED> (4,157,440)
<SHARES-REINVESTED> 206,460
<NET-CHANGE-IN-ASSETS> 20,099,238
<ACCUMULATED-NII-PRIOR> 2,222,937
<ACCUMULATED-GAINS-PRIOR> (121,076)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 157,756
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 200,822
<AVERAGE-NET-ASSETS> 52,794,000
<PER-SHARE-NAV-BEGIN> 10.83
<PER-SHARE-NII> 0.57
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.46)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.94
<EXPENSE-RATIO> 0.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 83 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 14
<NAME> S & P 500 INDEX SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> MAR-28-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 20,311,240
<INVESTMENTS-AT-VALUE> 22,032,955
<RECEIVABLES> 130,705
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 63
<TOTAL-ASSETS> 22,163,723
<PAYABLE-FOR-SECURITIES> 131,334
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 53,800
<TOTAL-LIABILITIES> 185,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,168,129
<SHARES-COMMON-STOCK> 1,916,785
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 6,792
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 85,203
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,718,465
<NET-ASSETS> 21,978,589
<DIVIDEND-INCOME> 185,080
<INTEREST-INCOME> 12,220
<OTHER-INCOME> 0
<EXPENSES-NET> (68,798)
<NET-INVESTMENT-INCOME> 128,502
<REALIZED-GAINS-CURRENT> 86,309
<APPREC-INCREASE-CURRENT> 1,718,465
<NET-CHANGE-FROM-OPS> 1,933,276
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (121,710)
<DISTRIBUTIONS-OF-GAINS> (1,106)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,011,060
<NUMBER-OF-SHARES-REDEEMED> (104,913)
<SHARES-REINVESTED> 10,638
<NET-CHANGE-IN-ASSETS> 21,978,589
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 34,900
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 68,798
<AVERAGE-NET-ASSETS> 11,783,000
<PER-SHARE-NAV-BEGIN> 10.09
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 1.37
<PER-SHARE-DIVIDEND> (0.09)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.47
<EXPENSE-RATIO> 0.79<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>ANNUALIZED.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 79 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 02
<NAME> U.S. GOVERNMENT SECURITIES SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 158,230,695
<INVESTMENTS-AT-VALUE> 159,828,041
<RECEIVABLES> 1,415,918
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 514,161
<TOTAL-ASSETS> 161,758,120
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80,147
<TOTAL-LIABILITIES> 80,147
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,784,186
<SHARES-COMMON-STOCK> 15,296,587
<SHARES-COMMON-PRIOR> 16,366,692
<ACCUMULATED-NII-CURRENT> 10,455,469
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (21,159,028)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,597,346
<NET-ASSETS> 161,677,973
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,346,227
<OTHER-INCOME> 0
<EXPENSES-NET> (906,013)
<NET-INVESTMENT-INCOME> 10,440,214
<REALIZED-GAINS-CURRENT> (834,376)
<APPREC-INCREASE-CURRENT> (6,445,889)
<NET-CHANGE-FROM-OPS> 3,159,949
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11,838,465)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (28,104)
<NUMBER-OF-SHARES-SOLD> 1,061,458
<NUMBER-OF-SHARES-REDEEMED> (3,307,239)
<SHARES-REINVESTED> 1,175,676
<NET-CHANGE-IN-ASSETS> (21,009,358)
<ACCUMULATED-NII-PRIOR> 11,853,720
<ACCUMULATED-GAINS-PRIOR> (20,296,548)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 786,612
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 906,013
<AVERAGE-NET-ASSETS> 169,527,000
<PER-SHARE-NAV-BEGIN> 11.16
<PER-SHARE-NII> 0.67
<PER-SHARE-GAIN-APPREC> (0.51)
<PER-SHARE-DIVIDEND> (0.75)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.57
<EXPENSE-RATIO> 0.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 66 THROUGH 82 OF THE ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000790558
<NAME> FORTIS SERIES FUND, INC.
<SERIES>
<NUMBER> 13
<NAME> VALUE SERIES
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> MAR-28-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 13,163,258
<INVESTMENTS-AT-VALUE> 14,159,091
<RECEIVABLES> 81,479
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 118,372
<TOTAL-ASSETS> 14,358,942
<PAYABLE-FOR-SECURITIES> 397,860
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9,607
<TOTAL-LIABILITIES> 407,467
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,965,555
<SHARES-COMMON-STOCK> 1,226,043
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 5,662
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (15,575)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 995,833
<NET-ASSETS> 13,951,475
<DIVIDEND-INCOME> 83,720
<INTEREST-INCOME> 38,510
<OTHER-INCOME> 0
<EXPENSES-NET> (41,047)
<NET-INVESTMENT-INCOME> 81,183
<REALIZED-GAINS-CURRENT> (15,575)
<APPREC-INCREASE-CURRENT> 995,833
<NET-CHANGE-FROM-OPS> 1,061,441
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (75,521)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,229,584
<NUMBER-OF-SHARES-REDEEMED> (10,203)
<SHARES-REINVESTED> 6,662
<NET-CHANGE-IN-ASSETS> 13,951,475
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32,997
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 41,047
<AVERAGE-NET-ASSETS> 6,432,000
<PER-SHARE-NAV-BEGIN> 10.27
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 1.10
<PER-SHARE-DIVIDEND> (0.13)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.38
<EXPENSE-RATIO> 0.87<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>ANNUALIZED.
</FN>
</TABLE>
