<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
066 D001700 N
066 E001700 N
066 F001700 N
066 G001700 N
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070 A011700 Y
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070 I021700 N
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
066 G001800 N
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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SIGNATURE EDWARD VEILIEUX
TITLE PRINCIPAL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT GLOBAL EMERGING MARKETS EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 2,728,329
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<SHARES-COMMON-PRIOR> 240,916
<ACCUMULATED-NII-CURRENT> 15,659
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16,247)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 230,037
<NET-ASSETS> 2,700,642
<DIVIDEND-INCOME> 0
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<EXPENSES-NET> 9,462
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<APPREC-INCREASE-CURRENT> 585,481
<NET-CHANGE-FROM-OPS> 623,669
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25,233
<NUMBER-OF-SHARES-REDEEMED> 11,305
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 763,384
<ACCUMULATED-NII-PRIOR> 7,000
<ACCUMULATED-GAINS-PRIOR> (45,776)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 37,264
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<PER-SHARE-NAV-END> 10.60
<EXPENSE-RATIO> 1.90
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT LATIN AMERICAN EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
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<OTHER-ITEMS-LIABILITIES> 100,426
<TOTAL-LIABILITIES> 100,426
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 14,598,925
<SHARES-COMMON-STOCK> 590,014
<SHARES-COMMON-PRIOR> 715,404
<ACCUMULATED-NII-CURRENT> 42,664
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,855,001)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 698,993
<NET-ASSETS> 6,485,581
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 90,913
<EXPENSES-NET> 25,968
<NET-INVESTMENT-INCOME> 64,945
<REALIZED-GAINS-CURRENT> (1,428,400)
<APPREC-INCREASE-CURRENT> 2,852,410
<NET-CHANGE-FROM-OPS> 1,488,955
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 378,358
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,144,277
<NUMBER-OF-SHARES-REDEEMED> (1,305,765)
<SHARES-REINVESTED> 36,098
<NET-CHANGE-IN-ASSETS> 229,243
<ACCUMULATED-NII-PRIOR> 236,669
<ACCUMULATED-GAINS-PRIOR> (7,043,870)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 50,069
<AVERAGE-NET-ASSETS> 5,801,276
<PER-SHARE-NAV-BEGIN> 8.75
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> 2.44
<PER-SHARE-DIVIDEND> 0.52
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.99
<EXPENSE-RATIO> 1.89
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT GLOBAL HIGH YIELD FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 1,526,206
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 443,875
<EXPENSES-NET> 38,539
<NET-INVESTMENT-INCOME> 405,336
<REALIZED-GAINS-CURRENT> 319,616
<APPREC-INCREASE-CURRENT> 703,877
<NET-CHANGE-FROM-OPS> 1,428,829
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 340,917
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 348,220
<NUMBER-OF-SHARES-REDEEMED> 1,922,437
<SHARES-REINVESTED> 147,000
<NET-CHANGE-IN-ASSETS> (14,657,606)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 123,480
<AVERAGE-NET-ASSETS> 1,253,977
<PER-SHARE-NAV-BEGIN> 9.60
<PER-SHARE-NII> 0.43
<PER-SHARE-GAIN-APPREC> 0.70
<PER-SHARE-DIVIDEND> 0.69
<PER-SHARE-DISTRIBUTIONS> 0.70
<RETURNS-OF-CAPITAL> 9.34
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT SMALL CAP FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 209,424,262
<INVESTMENTS-AT-VALUE> 209,424,262
<RECEIVABLES> 412,133
<ASSETS-OTHER> 18,450
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 209,854,845
<PAYABLE-FOR-SECURITIES> 940,241
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 120,222
<TOTAL-LIABILITIES> 1,060,463
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 155,607,589
<SHARES-COMMON-STOCK> 10,375,623
<SHARES-COMMON-PRIOR> 11,514,530
<ACCUMULATED-NII-CURRENT> (808,169)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,497,234)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 58,492,196
<NET-ASSETS> 208,794,382
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> (165,716)
<EXPENSES-NET> 642,453
<NET-INVESTMENT-INCOME> (808,169)
<REALIZED-GAINS-CURRENT> 11,022,283
<APPREC-INCREASE-CURRENT> 49,756,023
<NET-CHANGE-FROM-OPS> 59,970,137
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 593,090
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,205,245
<NUMBER-OF-SHARES-REDEEMED> 5,668,979
<SHARES-REINVESTED> 24,817
<NET-CHANGE-IN-ASSETS> 36,484,323
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 683,699
<AVERAGE-NET-ASSETS> 198,790,960
<PER-SHARE-NAV-BEGIN> 14.96
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 5.30
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.06
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 20.12
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT INTERNATIONAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 1,796,156,227
<INVESTMENTS-AT-VALUE> 1,796,156,227
<RECEIVABLES> 9,451,293
<ASSETS-OTHER> 70,159
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,805,677,679
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 12,165,494
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 12,165,494
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,653,054,738
<SHARES-COMMON-STOCK> 77,661,479
<SHARES-COMMON-PRIOR> 60,529,388
<ACCUMULATED-NII-CURRENT> 276,033
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (71,351,002)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 211,532,416
<NET-ASSETS> 1,793,512,185
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 2,604,853
<EXPENSES-NET> 6,383,835
<NET-INVESTMENT-INCOME> (3,778,982)
<REALIZED-GAINS-CURRENT> (42,275,304)
<APPREC-INCREASE-CURRENT> 190,433,932
<NET-CHANGE-FROM-OPS> 144,379,646
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,594,378)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 48,716,463
<NUMBER-OF-SHARES-REDEEMED> 31,714,158
<SHARES-REINVESTED> 129,786
<NET-CHANGE-IN-ASSETS> 541,932,586
<ACCUMULATED-NII-PRIOR> 7,649,393
<ACCUMULATED-GAINS-PRIOR> 21,098,484
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,884,800
<AVERAGE-NET-ASSETS> 1,600,343,195
<PER-SHARE-NAV-BEGIN> 20.68
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 2.50
<PER-SHARE-DIVIDEND> (0.06)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 23.09
<EXPENSE-RATIO> 1.50
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT CAPITAL APPRECIATION FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 23,810,386
<INVESTMENTS-AT-VALUE> 23,810,386
<RECEIVABLES> 0
<ASSETS-OTHER> 9,180
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23,819,566
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23,626
<TOTAL-LIABILITIES> 23,626
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,858,385
<SHARES-COMMON-STOCK> 1,741,597
<SHARES-COMMON-PRIOR> 2,240,182
<ACCUMULATED-NII-CURRENT> (76,543)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,089,137
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,924,961
<NET-ASSETS> 23,795,940
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 2,198
<EXPENSES-NET> 78,741
<NET-INVESTMENT-INCOME> (76,543)
<REALIZED-GAINS-CURRENT> 5,250,573
<APPREC-INCREASE-CURRENT> 2,403,861
<NET-CHANGE-FROM-OPS> 7,577,891
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 3,057,167
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 340,352
<NUMBER-OF-SHARES-REDEEMED> 1,012,480
<SHARES-REINVESTED> 173,543
<NET-CHANGE-IN-ASSETS> (1,700,796)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,895,731
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 110,528
<AVERAGE-NET-ASSETS> 24,286,343
<PER-SHARE-NAV-BEGIN> 11.38
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 3.85
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 1.53
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.66
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT INTERMEDIATE TAX FREE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 21,192,713
<INVESTMENTS-AT-VALUE> 21,192,713
<RECEIVABLES> 81,838
<ASSETS-OTHER> 19,501
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,294,052
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 90,229
<TOTAL-LIABILITIES> 90,229
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,267,744
<SHARES-COMMON-STOCK> 1,960,906
<SHARES-COMMON-PRIOR> 2,184,335
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 127,916
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 808,163
<NET-ASSETS> 21,203,823
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 460,826
<EXPENSES-NET> 44,180
<NET-INVESTMENT-INCOME> 416,646
<REALIZED-GAINS-CURRENT> 137,403
<APPREC-INCREASE-CURRENT> (440,446)
<NET-CHANGE-FROM-OPS> 113,603
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 416,646
<DISTRIBUTIONS-OF-GAINS> 153,783
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 403,048
<NUMBER-OF-SHARES-REDEEMED> (649,585)
<SHARES-REINVESTED> 23,108
<NET-CHANGE-IN-ASSETS> (2,868,163)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 144,296
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 82,151
<AVERAGE-NET-ASSETS> 22,135,722
<PER-SHARE-NAV-BEGIN> 11.02
<PER-SHARE-NII> 0.21
<PER-SHARE-GAIN-APPREC> (0.13)
<PER-SHARE-DIVIDEND> 0.21
<PER-SHARE-DISTRIBUTIONS> 0.08
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.81
<EXPENSE-RATIO> 0.85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT INVESTMENT PRESERVATION PLUS INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 101,189
<INVESTMENTS-AT-VALUE> 101,189
<RECEIVABLES> 0
<ASSETS-OTHER> 24,447
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 125,636
<PAYABLE-FOR-SECURITIES> 417
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,923
<TOTAL-LIABILITIES> 25,340
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,713
<SHARES-COMMON-STOCK> 10,071
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 100,296
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 739
<EXPENSES-NET> 58
<NET-INVESTMENT-INCOME> 681
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 681
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 681
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,045
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 26
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 24,551
<AVERAGE-NET-ASSETS> 49,838
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.13
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.00
<EXPENSE-RATIO> 1.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000797657
<NAME> BT PACIFIC BASIN EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 5,085,781
<INVESTMENTS-AT-VALUE> 5,085,781
<RECEIVABLES> 4,524
<ASSETS-OTHER> 11,917
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,102,222
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,127
<TOTAL-LIABILITIES> 18,127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22,355,461
<SHARES-COMMON-STOCK> 1,663,847
<SHARES-COMMON-PRIOR> 1,109,700
<ACCUMULATED-NII-CURRENT> (428,511)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16,885,251)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 42,395
<NET-ASSETS> 5,084,095
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 7,449
<EXPENSES-NET> 18,053
<NET-INVESTMENT-INCOME> (10,604)
<REALIZED-GAINS-CURRENT> (424,669)
<APPREC-INCREASE-CURRENT> 2,073,892
<NET-CHANGE-FROM-OPS> 1,638,619
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 2,341,154
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,587,580
<NUMBER-OF-SHARES-REDEEMED> (5,034,993)
<SHARES-REINVESTED> 22
<NET-CHANGE-IN-ASSETS> 815,895
<ACCUMULATED-NII-PRIOR> 2,471,739
<ACCUMULATED-GAINS-PRIOR> (17,038,404)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43,491
<AVERAGE-NET-ASSETS> 4,811,778
<PER-SHARE-NAV-BEGIN> 3,76
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.34
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 2.03
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 3.06
<EXPENSE-RATIO> 1.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
