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<PAGE> PAGE 6
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<PAGE> PAGE 13
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025 A000405 GENERAL ELECTRIC CAPITAL CORP
025 B000405 06-1076552
025 C000405 D
025 D000405 2999
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 6013
028 A020400 221
028 A030400 0
028 A040400 5853
028 B010400 6781
028 B020400 232
028 B030400 0
028 B040400 5971
028 C010400 5428
028 C020400 236
028 C030400 0
028 C040400 5714
028 D010400 5475
028 D020400 223
028 D030400 0
028 D040400 5930
028 E010400 5242
028 E020400 241
<PAGE> PAGE 21
028 E030400 0
028 E040400 6610
028 F010400 6210
028 F020400 231
028 F030400 0
028 F040400 6511
028 G010400 35149
028 G020400 1384
028 G030400 0
028 G040400 36589
028 H000400 19745
029 000400 N
030 A000400 0
030 B000400 0.00
030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 0
033 000400 0
034 000400 N
035 000400 0
036 B000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 5
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 2000000
048 A020400 0.500
048 B010400 2000000
048 B020400 0.475
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
<PAGE> PAGE 22
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 4000000
048 K020400 0.450
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 N
055 B000400 N
056 000400 N
057 000400 N
062 A000400 Y
062 B000400 29.4
062 C000400 5.7
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 63.8
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 51
063 B000400 0.0
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
<PAGE> PAGE 23
070 A020400 Y
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 3360
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 306
072 G000400 0
072 H000400 0
072 I000400 601
072 J000400 12
072 K000400 0
072 L000400 36
<PAGE> PAGE 24
072 M000400 18
072 N000400 50
072 O000400 0
072 P000400 0
072 Q000400 28
072 R000400 16
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 54
072 X000400 1125
072 Y000400 508
072 Z000400 2743
072AA000400 0
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 2556
072DD020400 180
072EE000400 0
073 A010400 0.0450
073 A020400 0.0440
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 3475
074 C000400 56522
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 993
074 M000400 17
074 N000400 61007
074 O000400 0
074 P000400 80
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 265
074 S000400 0
074 T000400 60662
074 U010400 52989
074 U020400 7936
074 V010400 1.00
<PAGE> PAGE 25
074 V020400 1.00
074 W000400 1.0000
074 X000400 24170
074 Y000400 0
075 A000400 61197
075 B000400 0
076 000400 0.00
008 A000501 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B000501 A
008 C000501 801-8286
008 D010501 OAKBROOK TERRACE
008 D020501 IL
008 D030501 60181
024 000500 N
028 A010500 2600
028 A020500 394
028 A030500 0
028 A040500 1917
028 B010500 1384
028 B020500 393
028 B030500 0
028 B040500 2621
028 C010500 1657
028 C020500 391
028 C030500 0
028 C040500 2376
028 D010500 1432
028 D020500 389
028 D030500 0
028 D040500 1817
028 E010500 2473
028 E020500 387
028 E030500 0
028 E040500 2987
028 F010500 1609
028 F020500 401
028 F030500 0
028 F040500 2695
028 G010500 11155
028 G020500 2355
028 G030500 0
028 G040500 14413
028 H000500 4705
029 000500 Y
030 A000500 641
030 B000500 4.75
030 C000500 0.25
031 A000500 87
031 B000500 0
032 000500 0
033 000500 554
<PAGE> PAGE 26
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 29
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 1000000
048 A020500 0.600
048 B010500 1000000
048 B020500 0.550
048 C010500 1000000
048 C020500 0.500
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 3000000
048 K020500 0.450
049 000500 N
050 000500 N
051 000500 N
052 000500 N
055 A000500 N
055 B000500 N
056 000500 N
<PAGE> PAGE 27
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 250
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 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 99.6
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 20.7
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 Y
070 B010500 N
070 B020500 N
070 C010500 Y
070 C020500 Y
070 D010500 N
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
<PAGE> PAGE 28
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
071 A000500 57840
071 B000500 63369
071 C000500 116369
071 D000500 50
072 A000500 12
072 B000500 6956
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 705
072 G000500 0
072 H000500 0
072 I000500 219
072 J000500 11
072 K000500 0
072 L000500 27
072 M000500 19
072 N000500 37
072 O000500 0
072 P000500 0
072 Q000500 40
072 R000500 20
072 S000500 1
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 91
072 X000500 1180
072 Y000500 0
072 Z000500 5776
072AA000500 930
072BB000500 0
072CC010500 2336
072CC020500 0
072DD010500 5569
<PAGE> PAGE 29
072DD020500 0
072EE000500 323
073 A010500 0.6600
073 A020500 0.6250
073 B000500 0.0380
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 115220
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 981
074 K000500 0
074 L000500 2132
074 M000500 28
074 N000500 118361
074 O000500 1532
074 P000500 41
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 1085
074 S000500 0
074 T000500 115703
074 U010500 7328
074 U020500 198
074 V010500 14.21
074 V020500 14.20
074 W000500 0.0000
074 X000500 11069
074 Y000500 0
075 A000500 0
075 B000500 117504
076 000500 0.00
024 000900 N
028 A010900 6309
028 A020900 0
028 A030900 0
028 A040900 2147
028 B010900 6261
028 B020900 0
028 B030900 0
028 B040900 2375
028 C010900 6716
028 C020900 0
028 C030900 0
<PAGE> PAGE 30
028 C040900 3000
028 D010900 6159
028 D020900 0
028 D030900 0
028 D040900 2704
028 E010900 6343
028 E020900 0
028 E030900 0
028 E040900 2111
028 F010900 8350
028 F020900 0
028 F030900 0
028 F040900 2686
028 G010900 40138
028 G020900 0
028 G030900 0
028 G040900 15023
028 H000900 40138
029 000900 Y
030 A000900 2272
030 B000900 8.50
030 C000900 0.00
031 A000900 244
031 B000900 0
032 000900 0
033 000900 2028
034 000900 Y
035 000900 274
036 A000900 Y
036 B000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 Y
041 000900 Y
042 A000900 0
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042 C000900 0
042 D000900 0
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 80
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.000
048 A010900 1000000
048 A020900 0.650
<PAGE> PAGE 31
048 B010900 1000000
048 B020900 0.600
048 C010900 1000000
048 C020900 0.550
048 D010900 1000000
048 D020900 0.500
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 4000000
048 K020900 0.450
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
055 A000900 N
055 B000900 N
056 000900 N
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 250
062 A000900 Y
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
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062 O000900 0.0
<PAGE> PAGE 32
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
064 A000900 N
064 B000900 N
066 A000900 Y
066 B000900 N
066 C000900 N
066 D000900 Y
066 E000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
071 A000900 185926
071 B000900 123789
071 C000900 124354
071 D000900 100
072 A000900 12
072 B000900 766
072 C000900 306
072 D000900 0
072 E000900 0
072 F000900 905
072 G000900 0
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072 I000900 842
072 J000900 2
072 K000900 0
072 L000900 61
072 M000900 19
072 N000900 68
072 O000900 0
072 P000900 0
072 Q000900 37
072 R000900 15
072 S000900 1
072 T000900 780
072 U000900 4
072 V000900 0
072 W000900 53
072 X000900 2787
072 Y000900 0
072 Z000900 -1715
072AA000900 5617
072BB000900 0
072CC010900 22863
072CC020900 0
072DD010900 0
<PAGE> PAGE 33
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 4
074 B000900 9840
074 C000900 2940
074 D000900 0
074 E000900 0
074 F000900 173116
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 195
074 K000900 0
074 L000900 2029
074 M000900 20
074 N000900 188144
074 O000900 1137
074 P000900 236
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 0
074 S000900 372
074 T000900 186399
074 U010900 276
074 U020900 4555
074 V010900 22.15
074 V020900 22.08
074 W000900 0.0000
074 X000900 59816
074 Y000900 0
075 A000900 0
075 B000900 137236
076 000900 0.00
008 A001001 VAN KAMPEN AMERICAN CAPITAL ASSET MGT., INC.
008 B001001 A
008 C001001 801-8286
008 D011001 OAKBROOK TERRACE
008 D021001 IL
008 D031001 60181
024 001000 N
028 A011000 1277
028 A021000 0
028 A031000 0
028 A041000 408
028 B011000 895
<PAGE> PAGE 34
028 B021000 0
028 B031000 0
028 B041000 485
028 C011000 1291
028 C021000 0
028 C031000 0
028 C041000 379
028 D011000 1018
028 D021000 0
028 D031000 0
028 D041000 456
028 E011000 1022
028 E021000 0
028 E031000 0
028 E041000 392
028 F011000 1264
028 F021000 0
028 F031000 0
028 F041000 564
028 G011000 6767
028 G021000 0
028 G031000 0
028 G041000 2684
028 H001000 4263
029 001000 Y
030 A001000 351
030 B001000 8.50
030 C001000 0.00
031 A001000 37
031 B001000 0
032 001000 0
033 001000 314
034 001000 Y
035 001000 46
036 A001000 Y
036 B001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 Y
041 001000 Y
042 A001000 0
042 B001000 0
042 C001000 0
042 D001000 0
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 150
044 001000 0
<PAGE> PAGE 35
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.000
048 A011000 1000000
048 A021000 0.000
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 0
048 K021000 0.000
055 A001000 N
055 B001000 N
056 001000 N
057 001000 N
058 A001000 N
059 001000 Y
060 A001000 Y
060 B001000 Y
061 001000 250
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 0.0
062 K001000 0.0
062 L001000 0.0
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062 O001000 0.0
062 P001000 0.0
<PAGE> PAGE 36
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 0.0
064 A001000 N
064 B001000 N
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 N
066 E001000 Y
066 F001000 N
066 G001000 N
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 N
070 M011000 Y
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 Y
070 Q021000 N
<PAGE> PAGE 37
070 R011000 Y
070 R021000 N
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<PAGE> PAGE 38
074 I001000 465
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SIGNATURE NICK DELMASO
TITLE ATTORNEY
EXHIBIT 99.77B
ERNST & YOUNG LLP LETTERHEAD
Report of Independent Auditors on Internal Control
Board of Trustees and Shareholders
Common Sense Trust Funds
In planning and performing our audit of the financial statements of the
Common Sense Government Fund, Common Sense Growth Fund, Common Sense Growth
and Income Fund, Common Sense Municipal Bond Fund, Common Sense Emerging
Growth Fund, Common Sense International Equity Fund, and Common Sense Money
Market Fund (cumulatively, the "Funds"), constituting the series of the Common
Sense Trust (the "Trust"), for the year ended October 31, 1997, we considered
its internal control, including control activities 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.
The management of the Funds is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and judgments
by management are required to assess the expected benefits and related costs
of controls. Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes
that are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets against
unauthorized acquisition, use, or disposition.
Because of inherent limitations in internal control, errors or irregularities
may occur and not be detected. Also, projection of any evaluation of internal
control to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control would not necessarily disclose all
matters in the internal control 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 one or more of the internal control components 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 and its operation, including controls
for safeguarding securities, that we consider to be material weaknesses as
defined above as of October 31, 1997.
This report is intended solely for the information and use of the Board of
Trustees, shareholders, and management of the Funds and the Securities and
Exchange Commission.
ERNST & YOUNG LLP
Houston, Texas
November 14, 1997
EXHIBIT 99.77O
NSAR ITEM 770
Common Sense Trust
10f-3 Transactions
UNDERWRITING # SERIES # UNDERWRITING PURCHASED FROM
1 2 Microsoft Corporation Goldman, Sachs
2 2 Washington Mutual, Inc. Merrill Lynch
3 2 Washington Mutual, Inc. Dain Bosworth
4 2 Washington Mutual, Inc. First Boston
5 2 Vail Resorts, Inc. Bear Stearns
6 2 National Financial Services Inc. First Boston
7 1 National Financial Services Inc. First Boston
8 1 American Stores Company Goldman, Sachs
9 2 Provident Companies, Inc. Salomon Brothers
10 2 Hartford Life, Inc. Goldman, Sachs
11 1 Hartford Life, Inc. Goldman, Sachs
12 1 Polo Ralph Lauren Corporation Merrill Lynch
13 1 Polo Ralph Lauren Corporation Furman Selz
14 1 Polo Ralph Lauren Corporation Goldman, Sachs
15 1 Polo Ralph Lauren Corporation Everen Securities
16 2 Electricidade de Portugal ADS Goldman, Sachs
17 1 Household International, Inc. Merrill Lynch
18 1 Household International, Inc. First Boston
19 1 Household International, Inc. DLJ
20 1 Household International, Inc. Everen Securities
21 1 Household International, Inc. William Blair
22 1 Stewart Enterprises, Inc. Bear Stearns
AMOUNT OF SHARES % OF UNDERWRITING DATE OF PURCHASE
PURCHASED
78,500 0.717% 12/17/96
37,200 0.255% 01/22/97
1,000 0.007% 01/22/97
1,000 0.007% 01/22/97
51,000 0.421% 02/03/97
50,000 0.243% 03/05/97
149,400 0.727% 03/05/97
72,000 0.467% 04/02/97
54,600 0.251% 05/05/97
37,800 0.091% 05/21/97
101,800 0.083% 05/21/97
5,000 0.004% 06/11/97
500 0.000% 06/11/97
205,700 0.150% 06/11/97
400 0.000% 06/11/97
31,000 0.038% 06/16/97
70,000 0.769% 06/19/97
50,000 0.549% 06/19/97
6,000 0.066% 06/19/97
11,000 0.121% 06/19/97
19,900 0.219% 06/19/97
74,900 1.314% 06/19/97
Other Firms participating in Underwriting:
Underwriting for #1
- -------------------
Donaldson, Lufkin & Jenrette
Deutsche Morgan Grenfell
Goldman, Sachs & Co.
Salomon Brothers Inc
Smith Barney Inc.
Alex. Brown & Sons Incorporated
Morgan Stanley & Co. Incorporated
Allen & Company Incorporated
BT Securities Corporation
Bear, Stearns & Co., Inc.
Cowen & Company
Dain Bosworth Incorporated
Dean Witter Reynolds Inc.
Dillon, Read & Co., Inc.
Furman Selz LLC
Edward D. Jones & Co., L.P.
Montgomery Securities
PaineWebber Incorporated
Piper Jaffray Inc.
Prudential Securities Incorporated
Ragen MacKenzie Incorporated
Robertson, Stephens & Company LLC
SoundView Financial Group, Inc.
Underwriting for #2, 3 and 4
- ----------------------------
Merrill Lynch & Co.
Friedman, Billings, Ramsey & Co., Inc.
Bear, Stearns & Co., Inc.
Alex. Brown & Sons Incorporated
Credit Suisse First Boston Corporation
Dean Witter Reynolds Inc.
A.G. Edwards & Sons, Inc.
Keefe, Bruyette & Woods, Inc.
Lehman Brothers Inc.
Montgomery Securities
J.P. Morgan Securities Inc.
Morgan Stanley & Co., Incorporated
PaineWebber Incorporated
Ragen MacKenzie Incorporated
Smith Barney Inc.
UBS Securities LLC
Wasserstein Perella Securities, Inc.
Sanford C. Bernstein & Co., Inc.
Dain Bosworth Incorporated
D.A. Davidson & Co.
Fox-Pitt, Kelton Inc.
Hoefer & Amett Incorporated
Jenson Securities Co.
Legg Mason Wood Walker, Incorporated
Ormes Capital Markets, Inc.
Pacific Crest Securities
Piper Jaffray Inc.
Rodman & Renshaw, Inc.
Ryan, Beck & Co.
Sandler O'Neill & Partners L.P.
The Seidler Companies Incorporated
Southeast Research Partners, Inc.
Sutro & Co. Incorporated
Utendahl Capital Partners, L.P.
Underwriting for #5
- -------------------
Bear, Stearns & Co., Inc.
Furman Selz
Goldman, Sachs & Co.
Salomon Brothers Inc
Schroder Wertheim & Co.
Smith Barney Inc.
Alex. Brown & Sons Incorporated
BT Securities Corporation
Cowen & Company
Dean Witter Reynolds Inc.
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
Hambrecht & Quist LLC
Lazard Freres & Co., LLC
Lehman Brothers, Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Montgomery Securities
Morgan Stanely & Co. Incorporated
Oppenheimer & Co., Inc.
Wasserstein Perella Securities, Inc.
Allen & Company Incorporated
Blaylock & Partners, L.P.
Brean Murray & Co., Inc.
Dain Bosworth Incorporated
Doft & Co., Inc.
Gerard Klauer Mattison & Co., LLC
Hanifen, Imhoff, Inc.
Janco Partners, Inc.
Jefferies & Company
Josephthal Lyon & Ross Incorporated
Ladenburg, Thalmann & Co. Inc.
Legg Mason Wood Walker, Incorporated
Ormes Capital Markets, Inc.
Piper Jaffray Inc.
Raymond James & Associates, Inc.
The Robinson-Humphrey Company, Inc.
Sands Brothers & Co., Ltd.
Sutro & Co. Incorporated
Tucker Anthony Incorporated
Underwriting for #6 and 7
- -------------------------
Credit Suisse First Boston
Morgan Stanley & Co., Incorporated
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Bear, Stearns & Co., Inc.
Alex. Brown & Sons Incorporated
Dean Witter Reynolds, Inc.
Deutsche Morgan Grenfell Inc.
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
Goldman, Sachs & Co.
Invemed Associates, Inc.
Lehman Brothers Inc.
J.P. Morgan Securities Inc.
Oppenheimer & Co., Inc.
PaineWebber Incorporated
Salomon Brothers Inc
Schroder Wertheim & Co., Incorporated
Smith Barney Inc.
Wasserstein Perella Securities, Inc.
Conning & Company
Advest, Inc.
M.R. Beal & Company
Sanford C. Bernstein & Co., Inc.
Blaylock & Partners, L.P.
Dain Bosworth Incorporated
Doley Securities, Inc.
Dowling & Partners Securities, LLC
Everen Securities, Inc.
Fox-Pitt, Kelton Inc.
Furman Selz LLC
Janney Montgomery Scott Inc.
Ladenburg, Thalmann & Co. Inc.
WR Lazard, Laidlaw Inc.
McDonald & Company Securities, Inc.
Neuberger & Berman LLC
The Ohio Company
Ormes Capital Markets, Inc.
Paulsen Securities
Ragen MacKenzie Incorporated
Raymond James & Associates, Inc.
The Robinson-Humphrey Company, Inc.
Sands, Brothers & Co., Ltd.
Stephens Inc.
Trilon International Inc.
Utendahl Capital Partners, L.P.
Underwriting for #8
- -------------------
Goldman Sachs & Co.
J.P. Morgan Securities Inc.
Donaldson, Lufkin & Jenrette
Morgan Stanly & Co. Incorporated
Smith Barney Inc.
ABN AMRO Chicago Corporation
BancAmerica Securities Inc.
Chase Securities Inc.
Credit Suisse First Boston Corporation
Lehman Brothers Inc.
Merrill Lynch & Co.
Salomon Brothers Inc
Tucker Anthony Incorporated
Underwriting for #9
- -------------------
Morgan Stanley & Co. Incorporated
Salomon Brothers Inc
Advest, Inc.
Sanford C. Bernstein & Co., Inc.
J.C. Bradford & Co.
Donaldson, Lufkin, Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
Fox-Pitt, Kelton Inc.
Moors & Cabot, Inc.
The Robinson-Humphrey Company, Inc.
Wasserstein Perella Securities, Inc.
Underwriting for #10 and 11
- ---------------------------
Goldman, Sachs & Co.
Dean Witter Reynolds, Inc.
Merrill Lynch & Co.
Morgan Stanley & Co., Incorporated
Smith Barney Inc.
J.C. Bradford & Co.
Credit Suisse First Boston Corporation
A.G. Edwards & Sons, Inc.
Interstate/Johnson Lane Corporation
Edward D. Jones & Co., L.P.
Legg Mason Wood Walker, Incorporated
Piper Jaffray Inc.
Principal Financial Securities, Inc.
Prudential Securities Incorporated
Sutro & Co., Incorporated
Wheat, First Securities, Inc.
Lehman Brothers Inc.
PaineWebber Incorporated
Conning & Company
Advest, Inc.
Sanford C. Bernstein & Co., Inc.
Dain Bosworth Incorporated
Dowling & Partners Securities, LLC
Fox-Pitt, Kelton Inc.
Janney Montgomery Scott Inc.
Neuberger & Berman LLC
Raymond James & Associates, Inc.
The Robinson-Humphrey Company, Inc.
Stephens Inc.
Underwriting for #12, 13, 14 and 15
- -----------------------------------
Goldman Sachs & Co.
Merrill Lynch & Co.
Morgan Stanly & Co., Incorporated
Advest, Inc.
Robert W. Baird & Co. Incorporated
Bear, Stearns & Co., Inc.
William Blair & Company, L.L.C.
Blaylock & Partners, L.P.
The Buckingham Research Group, Incorporated
Chase Securities Inc.
Dain Bosworth Incorporated
Dillon, Read & Co., Inc.
Donaldson, Lufkin & Jenrette Securities Corporation
A.G. Edwards & Sons, Inc.
Everen Securities, Inc.
Furman Selz LLC
Gerard Klauer Mattison & Co., Inc.
J.J.B. Hilliard, W.L. Lyons, Inc.
Interstate/Johnson Lane Corporation
Edward D. Jones & Co., L.P.
Lazard Freres & Co. LLC
Legg Mason Wood Walker Incorporated
Montgomery Securities
J.P. Morgan Securities, Inc.
Principal Financial Securities, Inc.
Prudential Securities Incorporated
Rauscher Pierce Refsnes, Inc.
Robertson, Stephens & Company LLC
Roney & Co., LLC
Salomon Brothers Inc
Charles Schwab & Co., Inc.
Scott & Stringfellow, Inc.
Muriel Siebert & Co., Inc.
Smith Barney Inc.
Stephens Inc.
Stifel, Nicolaus & Company, Incorporated
Sutro & Co. Incorporated
Tucker Anthony Incorporated
Wasserstein Perella Securities, Inc.
Underwriting for #16
- --------------------
Goldman, Sachs & Co.
ABN AMRO Chicago Corporation
Lehman Brothers Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
A.G. Edwards & Sons, Inc.
Morgan Stanley & Co. Incorporated
Prudential Securities Incorporated
Advest, Inc.
Dain Bosworth Incorporated
Edward D. Jones & Co., L.P.
McDonald & Company Securities, Inc.
Nesbitt Burns Securities Inc.
Stephens Inc.
Stifel, Nicolaus & Company, Incorporated
Sutro & Co. Incorporated
Underwriting for #17, 18, 19, 20 and 21
- ---------------------------------------
Morgan Stanly & Co., Incorporated
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Bear, Stearns & Co. Inc.
Credit Suisse First Boston Corporation
Donaldson, Lufkin & Jenrette Securities Corporation
Goldman, Sachs & Co.
Smith Barney Inc.
ABN Amro Chicago Corporation
BancAmerica Securities, Inc.
William Blair & Company, L.L.C.
Alex, Brown & Sons Incorporated
Chase Securities Inc.
Everen Securities Inc.
J.P. Morgan Securities Inc.
Nesbitt Burns Securities Inc.
Piper Jaffray Inc.
RBC Dominion Securities Inc.
TD Securities Inc.
Underwriting for #22
- --------------------
Bear, Stearns & Co., Inc.
Goldman, Sachs & Co.
ABN AMRO Chicago Corporation
Johnson Rice & Company L.L.C.
Alex, Brown & Sons Incorporated
Credit Suisse First Boston Corporation
A.G. Edwards & Sons, Inc.
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Morgan Stanley & Co. Incorporated
Nesbitt Burns Securities Inc.
Raymond James & Associates, Inc.
Wasserstein Perella Securities, Inc.
William Blair & Company, L.L.C.
J.C. Bradford & Co.
Doley Securities, Inc.
Furman Selz LLC
Neuberger & Berman L.L.C.
The Robinson-Humphrey Company, Inc.
Sanders Morris Mundy Inc.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 3,129,516,597<F1>
<INVESTMENTS-AT-VALUE> 3,845,782,574<F1>
<RECEIVABLES> 33,112,858<F1>
<ASSETS-OTHER> 709,800<F1>
<OTHER-ITEMS-ASSETS> 5,686<F1>
<TOTAL-ASSETS> 3,879,610,918<F1>
<PAYABLE-FOR-SECURITIES> 91,688,633<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 6,053,171<F1>
<TOTAL-LIABILITIES> 97,741,804<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,250,171,831
<SHARES-COMMON-STOCK> 169,366,980
<SHARES-COMMON-PRIOR> 167,171,713
<ACCUMULATED-NII-CURRENT> 22,702,297<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 603,678,844<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 716,265,977<F1>
<NET-ASSETS> 3,547,123,339
<DIVIDEND-INCOME> 40,919,149<F1>
<INTEREST-INCOME> 20,210,151<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (32,135,676)<F1>
<NET-INVESTMENT-INCOME> 28,993,624<F1>
<REALIZED-GAINS-CURRENT> 611,419,267<F1>
<APPREC-INCREASE-CURRENT> 183,638,067<F1>
<NET-CHANGE-FROM-OPS> 824,050,958<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (29,480,834)
<DISTRIBUTIONS-OF-GAINS> (224,652,726)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,880,085
<NUMBER-OF-SHARES-REDEEMED> (23,492,980)
<SHARES-REINVESTED> 14,808,162
<NET-CHANGE-IN-ASSETS> 541,960,770
<ACCUMULATED-NII-PRIOR> 24,137,555<F1>
<ACCUMULATED-GAINS-PRIOR> 226,812,341<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 20,533,544<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 32,135,676<F1>
<AVERAGE-NET-ASSETS> 3,332,256,020
<PER-SHARE-NAV-BEGIN> 17.977
<PER-SHARE-NII> 0.172
<PER-SHARE-GAIN-APPREC> 4.328
<PER-SHARE-DIVIDEND> (0.178)
<PER-SHARE-DISTRIBUTIONS> (1.356)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.943
<EXPENSE-RATIO> 0.88
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> Common Sense Trust Grwoth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 3,129,516,597<F1>
<INVESTMENTS-AT-VALUE> 3,845,782,574<F1>
<RECEIVABLES> 33,112,858<F1>
<ASSETS-OTHER> 709,800<F1>
<OTHER-ITEMS-ASSETS> 5,686<F1>
<TOTAL-ASSETS> 3,879,610,918<F1>
<PAYABLE-FOR-SECURITIES> 91,688,633<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 6,053,171<F1>
<TOTAL-LIABILITIES> 97,741,804<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89,027,244
<SHARES-COMMON-STOCK> 5,193,124
<SHARES-COMMON-PRIOR> 2,744,250
<ACCUMULATED-NII-CURRENT> 22,702,297<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 603,678,844<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 716,265,977<F1>
<NET-ASSETS> 108,496,435
<DIVIDEND-INCOME> 40,919,149<F1>
<INTEREST-INCOME> 20,210,151<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (32,135,676)<F1>
<NET-INVESTMENT-INCOME> 28,993,624<F1>
<REALIZED-GAINS-CURRENT> 611,419,267<F1>
<APPREC-INCREASE-CURRENT> 183,638,067<F1>
<NET-CHANGE-FROM-OPS> 824,050,958<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (482,315)
<DISTRIBUTIONS-OF-GAINS> (4,062,147)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,879,483
<NUMBER-OF-SHARES-REDEEMED> (696,268)
<SHARES-REINVESTED> 265,659
<NET-CHANGE-IN-ASSETS> 59,211,591
<ACCUMULATED-NII-PRIOR> 24,137,555<F1>
<ACCUMULATED-GAINS-PRIOR> 226,812,341<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 20,533,544<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 32,135,676<F1>
<AVERAGE-NET-ASSETS> 77,110,108
<PER-SHARE-NAV-BEGIN> 17.959
<PER-SHARE-NII> 0.145
<PER-SHARE-GAIN-APPREC> 4.305
<PER-SHARE-DIVIDEND> (0.161)
<PER-SHARE-DISTRIBUTIONS> (1.356)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.892
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 3,129,516,597<F1>
<INVESTMENTS-AT-VALUE> 3,845,782,574<F1>
<RECEIVABLES> 33,112,858<F1>
<ASSETS-OTHER> 709,800<F1>
<OTHER-ITEMS-ASSETS> 5,686<F1>
<TOTAL-ASSETS> 3,879,610,918<F1>
<PAYABLE-FOR-SECURITIES> 91,688,633<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 6,053,171<F1>
<TOTAL-LIABILITIES> 97,741,804<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,022,921
<SHARES-COMMON-STOCK> 6,083,077
<SHARES-COMMON-PRIOR> 4,135,444
<ACCUMULATED-NII-CURRENT> 22,702,297<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 603,678,844<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 716,265,977<F1>
<NET-ASSETS> 126,249,340
<DIVIDEND-INCOME> 40,919,149<F1>
<INTEREST-INCOME> 20,210,151<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (32,135,676)<F1>
<NET-INVESTMENT-INCOME> 28,993,624<F1>
<REALIZED-GAINS-CURRENT> 611,419,267<F1>
<APPREC-INCREASE-CURRENT> 183,638,067<F1>
<NET-CHANGE-FROM-OPS> 824,050,958<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (465,733)
<DISTRIBUTIONS-OF-GAINS> (5,837,891)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,294,738
<NUMBER-OF-SHARES-REDEEMED> (715,979)
<SHARES-REINVESTED> 368,874
<NET-CHANGE-IN-ASSETS> 52,109,418
<ACCUMULATED-NII-PRIOR> 24,137,555<F1>
<ACCUMULATED-GAINS-PRIOR> 226,812,341<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 20,533,544<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 32,135,676<F1>
<AVERAGE-NET-ASSETS> 99,977,113
<PER-SHARE-NAV-BEGIN> 17.928
<PER-SHARE-NII> 0.008
<PER-SHARE-GAIN-APPREC> 4.282
<PER-SHARE-DIVIDEND> (0.108)
<PER-SHARE-DISTRIBUTIONS> (1.356)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.754
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 21
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 1,065,865,695<F1>
<INVESTMENTS-AT-VALUE> 1,277,265,219<F1>
<RECEIVABLES> 22,200,522<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 259,643<F1>
<TOTAL-ASSETS> 1,299,725,384<F1>
<PAYABLE-FOR-SECURITIES> 20,834,808<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2,397,137<F1>
<TOTAL-LIABILITIES> 23,231,945<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 704,924,274
<SHARES-COMMON-STOCK> 54,584,869
<SHARES-COMMON-PRIOR> 52,075,188
<ACCUMULATED-NII-CURRENT> 991,411<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 206,793,123<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 209,987,461<F1>
<NET-ASSETS> 1,097,202,968
<DIVIDEND-INCOME> 19,283,587<F1>
<INTEREST-INCOME> 5,752,864<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (11,255,261)<F1>
<NET-INVESTMENT-INCOME> 13,781,190<F1>
<REALIZED-GAINS-CURRENT> 209,833,719<F1>
<APPREC-INCREASE-CURRENT> 53,288,825<F1>
<NET-CHANGE-FROM-OPS> 276,903,734<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (16,077,880)
<DISTRIBUTIONS-OF-GAINS> (112,127,401)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,488,655
<NUMBER-OF-SHARES-REDEEMED> (8,410,702)
<SHARES-REINVESTED> 7,431,728
<NET-CHANGE-IN-ASSETS> 154,334,461
<ACCUMULATED-NII-PRIOR> 4,421,000<F1>
<ACCUMULATED-GAINS-PRIOR> 119,991,729<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 7,574,209<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 11,255,261<F1>
<AVERAGE-NET-ASSETS> 1,049,905,531
<PER-SHARE-NAV-BEGIN> 18.106
<PER-SHARE-NII> 0.237
<PER-SHARE-GAIN-APPREC> 4.235
<PER-SHARE-DIVIDEND> (0.295)
<PER-SHARE-DISTRIBUTIONS> (2.182)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.101
<EXPENSE-RATIO> 0.88
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 22
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 1,065,865,695<F1>
<INVESTMENTS-AT-VALUE> 1,277,265,219<F1>
<RECEIVABLES> 22,200,522<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 259,643<F1>
<TOTAL-ASSETS> 1,299,725,384<F1>
<PAYABLE-FOR-SECURITIES> 20,834,808<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2,397,137<F1>
<TOTAL-LIABILITIES> 23,231,945<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 69,347,170
<SHARES-COMMON-STOCK> 3,972,090
<SHARES-COMMON-PRIOR> 1,794,453
<ACCUMULATED-NII-CURRENT> 991,411<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 206,793,123<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 209,987,461<F1>
<NET-ASSETS> 79,850,203
<DIVIDEND-INCOME> 19,283,587<F1>
<INTEREST-INCOME> 5,752,864<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (11,255,261)<F1>
<NET-INVESTMENT-INCOME> 13,781,190<F1>
<REALIZED-GAINS-CURRENT> 209,833,719<F1>
<APPREC-INCREASE-CURRENT> 53,288,825<F1>
<NET-CHANGE-FROM-OPS> 276,903,734<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (706,960)
<DISTRIBUTIONS-OF-GAINS> (4,331,457)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,492,244
<NUMBER-OF-SHARES-REDEEMED> (605,697)
<SHARES-REINVESTED> 291,090
<NET-CHANGE-IN-ASSETS> 47,360,868
<ACCUMULATED-NII-PRIOR> 4,421,000<F1>
<ACCUMULATED-GAINS-PRIOR> 119,991,729<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 7,574,209<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 11,255,261<F1>
<AVERAGE-NET-ASSETS> 55,002,206
<PER-SHARE-NAV-BEGIN> 18.105
<PER-SHARE-NII> 0.198
<PER-SHARE-GAIN-APPREC> 4.232
<PER-SHARE-DIVIDEND> (0.250)
<PER-SHARE-DISTRIBUTIONS> (2.182)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.103
<EXPENSE-RATIO> 1.12
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 23
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 1,065,865,695<F1>
<INVESTMENTS-AT-VALUE> 1,277,265,219<F1>
<RECEIVABLES> 22,200,522<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 259,643<F1>
<TOTAL-ASSETS> 1,299,725,384<F1>
<PAYABLE-FOR-SECURITIES> 20,834,808<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 2,397,137<F1>
<TOTAL-LIABILITIES> 23,231,945<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,450,000
<SHARES-COMMON-STOCK> 4,953,823
<SHARES-COMMON-PRIOR> 2,878,964
<ACCUMULATED-NII-CURRENT> 991,411<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 206,793,123<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 209,987,461<F1>
<NET-ASSETS> 99,440,268
<DIVIDEND-INCOME> 19,283,587<F1>
<INTEREST-INCOME> 5,752,864<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (11,255,261)<F1>
<NET-INVESTMENT-INCOME> 13,781,190<F1>
<REALIZED-GAINS-CURRENT> 209,833,719<F1>
<APPREC-INCREASE-CURRENT> 53,288,825<F1>
<NET-CHANGE-FROM-OPS> 276,903,734<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (425,939)
<DISTRIBUTIONS-OF-GAINS> (6,573,467)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,229,471
<NUMBER-OF-SHARES-REDEEMED> (566,087)
<SHARES-REINVESTED> 411,475
<NET-CHANGE-IN-ASSETS> 47,369,464
<ACCUMULATED-NII-PRIOR> 4,421,000<F1>
<ACCUMULATED-GAINS-PRIOR> 119,991,729<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 7,574,209<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 11,255,261<F1>
<AVERAGE-NET-ASSETS> 75,247,554
<PER-SHARE-NAV-BEGIN> 18.087
<PER-SHARE-NII> 0.060
<PER-SHARE-GAIN-APPREC> 4.221
<PER-SHARE-DIVIDEND> (0.113)
<PER-SHARE-DISTRIBUTIONS> (2.182)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.073
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 31
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 260,621,762<F1>
<INVESTMENTS-AT-VALUE> 268,237,110<F1>
<RECEIVABLES> 16,591,656<F1>
<ASSETS-OTHER> 85,395<F1>
<OTHER-ITEMS-ASSETS> 13,703<F1>
<TOTAL-ASSETS> 284,927,864<F1>
<PAYABLE-FOR-SECURITIES> 17,303,817<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,061,843<F1>
<TOTAL-LIABILITIES> 18,365,660<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 268,701,424
<SHARES-COMMON-STOCK> 22,741,103
<SHARES-COMMON-PRIOR> 27,616,551
<ACCUMULATED-NII-CURRENT> 277,980<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (37,847,576)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 9,903,471<F1>
<NET-ASSETS> 240,652,226
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 21,554,683<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,712,179)<F1>
<NET-INVESTMENT-INCOME> 18,842,504<F1>
<REALIZED-GAINS-CURRENT> (854,042)<F1>
<APPREC-INCREASE-CURRENT> 4,544,977<F1>
<NET-CHANGE-FROM-OPS> 22,533,439<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (17,132,863)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,205,980
<NUMBER-OF-SHARES-REDEEMED> (7,497,352)
<SHARES-REINVESTED> 1,415,924
<NET-CHANGE-IN-ASSETS> (46,722,049)
<ACCUMULATED-NII-PRIOR> (6,653)<F1>
<ACCUMULATED-GAINS-PRIOR> (36,909,849)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1,702,968<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,712,179<F1>
<AVERAGE-NET-ASSETS> 258,969,479
<PER-SHARE-NAV-BEGIN> 10.406
<PER-SHARE-NII> 0.692
<PER-SHARE-GAIN-APPREC> 0.168
<PER-SHARE-DIVIDEND> (0.684)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.582
<EXPENSE-RATIO> 0.90
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 32
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 260,621,762<F1>
<INVESTMENTS-AT-VALUE> 268,237,110<F1>
<RECEIVABLES> 16,591,656<F1>
<ASSETS-OTHER> 85,395<F1>
<OTHER-ITEMS-ASSETS> 13,703<F1>
<TOTAL-ASSETS> 284,927,864<F1>
<PAYABLE-FOR-SECURITIES> 17,303,817<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,061,843<F1>
<TOTAL-LIABILITIES> 18,365,660<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,277,543
<SHARES-COMMON-STOCK> 1,278,958
<SHARES-COMMON-PRIOR> 1,068,402
<ACCUMULATED-NII-CURRENT> 277,980<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (37,847,576)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 9,903,471<F1>
<NET-ASSETS> 13,533,017
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 21,554,683<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,712,179)<F1>
<NET-INVESTMENT-INCOME> 18,842,504<F1>
<REALIZED-GAINS-CURRENT> (854,042)<F1>
<APPREC-INCREASE-CURRENT> 4,544,977<F1>
<NET-CHANGE-FROM-OPS> 22,533,439<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (779,374)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 693,337
<NUMBER-OF-SHARES-REDEEMED> (554,785)
<SHARES-REINVESTED> 72,004
<NET-CHANGE-IN-ASSETS> 2,409,403
<ACCUMULATED-NII-PRIOR> (6,653)<F1>
<ACCUMULATED-GAINS-PRIOR> (36,909,849)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1,702,968<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,712,179<F1>
<AVERAGE-NET-ASSETS> 12,146,791
<PER-SHARE-NAV-BEGIN> 10.411
<PER-SHARE-NII> 0.666
<PER-SHARE-GAIN-APPREC> 0.168
<PER-SHARE-DIVIDEND> (0.664)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.581
<EXPENSE-RATIO> 1.15
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 33
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 260,621,762<F1>
<INVESTMENTS-AT-VALUE> 268,237,110<F1>
<RECEIVABLES> 16,591,656<F1>
<ASSETS-OTHER> 85,395<F1>
<OTHER-ITEMS-ASSETS> 13,703<F1>
<TOTAL-ASSETS> 284,927,864<F1>
<PAYABLE-FOR-SECURITIES> 17,303,817<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,061,843<F1>
<TOTAL-LIABILITIES> 18,365,660<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,249,362
<SHARES-COMMON-STOCK> 1,169,696
<SHARES-COMMON-PRIOR> 1,330,303
<ACCUMULATED-NII-CURRENT> 277,980<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (37,847,576)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 9,903,471<F1>
<NET-ASSETS> 12,376,961
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 21,554,683<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,712,179)<F1>
<NET-INVESTMENT-INCOME> 18,842,504<F1>
<REALIZED-GAINS-CURRENT> (854,042)<F1>
<APPREC-INCREASE-CURRENT> 4,544,977<F1>
<NET-CHANGE-FROM-OPS> 22,533,439<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (729,319)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 289,459
<NUMBER-OF-SHARES-REDEEMED> (518,360)
<SHARES-REINVESTED> 68,294
<NET-CHANGE-IN-ASSETS> (1,473,254)
<ACCUMULATED-NII-PRIOR> (6,653)<F1>
<ACCUMULATED-GAINS-PRIOR> (36,909,849)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 1,702,968<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,712,179<F1>
<AVERAGE-NET-ASSETS> 12,845,531
<PER-SHARE-NAV-BEGIN> 10.411
<PER-SHARE-NII> 0.590
<PER-SHARE-GAIN-APPREC> 0.167
<PER-SHARE-DIVIDEND> (0.587)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.581
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 41
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 59,996,760<F1>
<INVESTMENTS-AT-VALUE> 59,996,760<F1>
<RECEIVABLES> 992,560<F1>
<ASSETS-OTHER> 17,486<F1>
<OTHER-ITEMS-ASSETS> 136<F1>
<TOTAL-ASSETS> 61,006,942<F1>
<PAYABLE-FOR-SECURITIES> 0<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 345,107<F1>
<TOTAL-LIABILITIES> 345,107<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 52,989,206
<SHARES-COMMON-STOCK> 52,989,453
<SHARES-COMMON-PRIOR> 59,912,205
<ACCUMULATED-NII-CURRENT> 1,926<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 0<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 0<F1>
<NET-ASSETS> 52,990,886
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 3,360,214<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (617,206)<F1>
<NET-INVESTMENT-INCOME> 2,743,008<F1>
<REALIZED-GAINS-CURRENT> 0<F1>
<APPREC-INCREASE-CURRENT> 0<F1>
<NET-CHANGE-FROM-OPS> 2,743,008<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (2,556,414)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 56,118,841
<NUMBER-OF-SHARES-REDEEMED> (65,551,045)
<SHARES-REINVESTED> 2,509,452
<NET-CHANGE-IN-ASSETS> (6,922,448)
<ACCUMULATED-NII-PRIOR> 1,403<F1>
<ACCUMULATED-GAINS-PRIOR> 0<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 305,876<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,124,613<F1>
<AVERAGE-NET-ASSETS> 56,984,584
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.045
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.045)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 42
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 59,996,760<F1>
<INVESTMENTS-AT-VALUE> 59,996,760<F1>
<RECEIVABLES> 992,560<F1>
<ASSETS-OTHER> 17,486<F1>
<OTHER-ITEMS-ASSETS> 136<F1>
<TOTAL-ASSETS> 61,006,942<F1>
<PAYABLE-FOR-SECURITIES> 0<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 345,107<F1>
<TOTAL-LIABILITIES> 345,107<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,396,005
<SHARES-COMMON-STOCK> 7,396,005
<SHARES-COMMON-PRIOR> 728,810
<ACCUMULATED-NII-CURRENT> 1,926<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 0<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 0<F1>
<NET-ASSETS> 7,396,242
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 3,360,214<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (617,206)<F1>
<NET-INVESTMENT-INCOME> 2,743,008<F1>
<REALIZED-GAINS-CURRENT> 0<F1>
<APPREC-INCREASE-CURRENT> 0<F1>
<NET-CHANGE-FROM-OPS> 2,743,008<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (180,211)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,489,220
<NUMBER-OF-SHARES-REDEEMED> (6,999,969)
<SHARES-REINVESTED> 177,944
<NET-CHANGE-IN-ASSETS> 6,667,407
<ACCUMULATED-NII-PRIOR> 1,403<F1>
<ACCUMULATED-GAINS-PRIOR> 0<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 305,876<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,124,613<F1>
<AVERAGE-NET-ASSETS> 4,058,082
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.044
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.044)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 43
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 59,996,760<F1>
<INVESTMENTS-AT-VALUE> 59,996,760<F1>
<RECEIVABLES> 992,560<F1>
<ASSETS-OTHER> 17,486<F1>
<OTHER-ITEMS-ASSETS> 136<F1>
<TOTAL-ASSETS> 61,006,942<F1>
<PAYABLE-FOR-SECURITIES> 0<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 345,107<F1>
<TOTAL-LIABILITIES> 345,107<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 274,698
<SHARES-COMMON-STOCK> 274,699
<SHARES-COMMON-PRIOR> 13,654
<ACCUMULATED-NII-CURRENT> 1,926<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 0<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 0<F1>
<NET-ASSETS> 274,707
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 3,360,214<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (617,206)<F1>
<NET-INVESTMENT-INCOME> 2,743,008<F1>
<REALIZED-GAINS-CURRENT> 0<F1>
<APPREC-INCREASE-CURRENT> 0<F1>
<NET-CHANGE-FROM-OPS> 2,743,008<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (5,860)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 622,707
<NUMBER-OF-SHARES-REDEEMED> (367,021)
<SHARES-REINVESTED> 5,359
<NET-CHANGE-IN-ASSETS> 261,052
<ACCUMULATED-NII-PRIOR> 1,403<F1>
<ACCUMULATED-GAINS-PRIOR> 0<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 305,876<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,124,613<F1>
<AVERAGE-NET-ASSETS> 154,097
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.037
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.037)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.76
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 51
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 106,964,600<F1>
<INVESTMENTS-AT-VALUE> 115,219,826<F1>
<RECEIVABLES> 3,103,572<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 37,717<F1>
<TOTAL-ASSETS> 118,361,115<F1>
<PAYABLE-FOR-SECURITIES> 1,532,243<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,126,034<F1>
<TOTAL-LIABILITIES> 2,658,277<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,520,311
<SHARES-COMMON-STOCK> 615,828
<SHARES-COMMON-PRIOR> 153,942
<ACCUMULATED-NII-CURRENT> 295,311<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 948,278<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 8,365,945<F1>
<NET-ASSETS> 104,134,036
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 6,956,491<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (1,180,842)<F1>
<NET-INVESTMENT-INCOME> 5,775,649<F1>
<REALIZED-GAINS-CURRENT> 929,511<F1>
<APPREC-INCREASE-CURRENT> 2,335,756<F1>
<NET-CHANGE-FROM-OPS> 9,040,916<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (240,492)
<DISTRIBUTIONS-OF-GAINS> (8,242)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 589,115
<NUMBER-OF-SHARES-REDEEMED> (142,483)
<SHARES-REINVESTED> 15,254
<NET-CHANGE-IN-ASSETS> 6,622,380
<ACCUMULATED-NII-PRIOR> 89,045<F1>
<ACCUMULATED-GAINS-PRIOR> 341,691<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 704,693<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,180,842<F1>
<AVERAGE-NET-ASSETS> 5,342,123
<PER-SHARE-NAV-BEGIN> 13,827
<PER-SHARE-NII> 0.649
<PER-SHARE-GAIN-APPREC> 0.397
<PER-SHARE-DIVIDEND> (0.625)
<PER-SHARE-DISTRIBUTIONS> (0.038)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.210
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 52
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 106,964,600<F1>
<INVESTMENTS-AT-VALUE> 115,219,826<F1>
<RECEIVABLES> 3,103,572<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 37,717<F1>
<TOTAL-ASSETS> 118,361,115<F1>
<PAYABLE-FOR-SECURITIES> 1,532,243<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,126,034<F1>
<TOTAL-LIABILITIES> 2,658,277<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,751,796
<SHARES-COMMON-STOCK> 198,487
<SHARES-COMMON-PRIOR> 47,211
<ACCUMULATED-NII-CURRENT> 295,311<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 948,278<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 8,365,945<F1>
<NET-ASSETS> 8,750,932
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 6,956,491<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (1,180,842)<F1>
<NET-INVESTMENT-INCOME> 5,775,649<F1>
<REALIZED-GAINS-CURRENT> 929,511<F1>
<APPREC-INCREASE-CURRENT> 2,335,756<F1>
<NET-CHANGE-FROM-OPS> 9,040,916<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (61,030)
<DISTRIBUTIONS-OF-GAINS> (2,667)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 176,471
<NUMBER-OF-SHARES-REDEEMED> (29,641)
<SHARES-REINVESTED> 4,446
<NET-CHANGE-IN-ASSETS> 2,165,304
<ACCUMULATED-NII-PRIOR> 89,045<F1>
<ACCUMULATED-GAINS-PRIOR> 341,691<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 704,693<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,180,842<F1>
<AVERAGE-NET-ASSETS> 1,610,281
<PER-SHARE-NAV-BEGIN> 13.822
<PER-SHARE-NII> 0.540
<PER-SHARE-GAIN-APPREC> 0.395
<PER-SHARE-DIVIDEND> (0.522)
<PER-SHARE-DISTRIBUTIONS> (0.038)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.197
<EXPENSE-RATIO> 1.94
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 53
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 106,964,600<F1>
<INVESTMENTS-AT-VALUE> 115,219,826<F1>
<RECEIVABLES> 3,103,572<F1>
<ASSETS-OTHER> 0<F1>
<OTHER-ITEMS-ASSETS> 37,717<F1>
<TOTAL-ASSETS> 118,361,115<F1>
<PAYABLE-FOR-SECURITIES> 1,532,243<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 1,126,034<F1>
<TOTAL-LIABILITIES> 2,658,277<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 94,821,197
<SHARES-COMMON-STOCK> 7,328,426
<SHARES-COMMON-PRIOR> 8,582,302
<ACCUMULATED-NII-CURRENT> 295,311<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 948,278<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 8,365,945<F1>
<NET-ASSETS> 2,817,870
<DIVIDEND-INCOME> 0<F1>
<INTEREST-INCOME> 6,956,491<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (1,180,842)<F1>
<NET-INVESTMENT-INCOME> 5,775,649<F1>
<REALIZED-GAINS-CURRENT> 929,511<F1>
<APPREC-INCREASE-CURRENT> 2,335,756<F1>
<NET-CHANGE-FROM-OPS> 9,040,916<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> (5,267,861)
<DISTRIBUTIONS-OF-GAINS> (312,015)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 835,266
<NUMBER-OF-SHARES-REDEEMED> (2,433,057)
<SHARES-REINVESTED> 343,915
<NET-CHANGE-IN-ASSETS> (14,550,476)
<ACCUMULATED-NII-PRIOR> 89,045<F1>
<ACCUMULATED-GAINS-PRIOR> 341,691<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 704,693<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 1,180,842<F1>
<AVERAGE-NET-ASSETS> 110,554,700
<PER-SHARE-NAV-BEGIN> 13.829
<PER-SHARE-NII> 0.688
<PER-SHARE-GAIN-APPREC> 0.391
<PER-SHARE-DIVIDEND> (0.660)
<PER-SHARE-DISTRIBUTIONS> (0.038)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.210
<EXPENSE-RATIO> 0.98
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 101
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 145,721,828<F1>
<INVESTMENTS-AT-VALUE> 185,896,046<F1>
<RECEIVABLES> 2,223,775<F1>
<ASSETS-OTHER> 20,287<F1>
<OTHER-ITEMS-ASSETS> 4,191<F1>
<TOTAL-ASSETS> 188,144,299<F1>
<PAYABLE-FOR-SECURITIES> 1,136,786<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 608,876<F1>
<TOTAL-LIABILITIES> 1,745,662<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,286,680
<SHARES-COMMON-STOCK> 276,032
<SHARES-COMMON-PRIOR> 38,105
<ACCUMULATED-NII-CURRENT> (2,504)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 1,828,333<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 40,174,218<F1>
<NET-ASSETS> 6,114,920
<DIVIDEND-INCOME> 305,574<F1>
<INTEREST-INCOME> 766,115<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,786,585)<F1>
<NET-INVESTMENT-INCOME> (1,714,896)<F1>
<REALIZED-GAINS-CURRENT> 5,617,110<F1>
<APPREC-INCREASE-CURRENT> 22,863,277<F1>
<NET-CHANGE-FROM-OPS> 26,765,491<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 251,646
<NUMBER-OF-SHARES-REDEEMED> (13,719)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,406,447
<ACCUMULATED-NII-PRIOR> (1,258)<F1>
<ACCUMULATED-GAINS-PRIOR> (3,788,777)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 904,959<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,786,585<F1>
<AVERAGE-NET-ASSETS> 3,429,212
<PER-SHARE-NAV-BEGIN> 18.593
<PER-SHARE-NII> (0.078)
<PER-SHARE-GAIN-APPREC> 3.638
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 22.153
<EXPENSE-RATIO> 1.39
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 102
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 145,721,828<F1>
<INVESTMENTS-AT-VALUE> 185,896,046<F1>
<RECEIVABLES> 2,223,775<F1>
<ASSETS-OTHER> 20,287<F1>
<OTHER-ITEMS-ASSETS> 4,191<F1>
<TOTAL-ASSETS> 188,144,299<F1>
<PAYABLE-FOR-SECURITIES> 1,136,786<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 608,876<F1>
<TOTAL-LIABILITIES> 1,745,662<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 77,118,717
<SHARES-COMMON-STOCK> 4,555,287
<SHARES-COMMON-PRIOR> 2,771,815
<ACCUMULATED-NII-CURRENT> (2,504)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 1,828,333<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 40,174,218<F1>
<NET-ASSETS> 100,566,787
<DIVIDEND-INCOME> 305,574<F1>
<INTEREST-INCOME> 766,115<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,786,585)<F1>
<NET-INVESTMENT-INCOME> (1,714,896)<F1>
<REALIZED-GAINS-CURRENT> 5,617,110<F1>
<APPREC-INCREASE-CURRENT> 22,863,277<F1>
<NET-CHANGE-FROM-OPS> 26,765,491<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,551,721
<NUMBER-OF-SHARES-REDEEMED> (768,249)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 49,082,961
<ACCUMULATED-NII-PRIOR> (1,258)<F1>
<ACCUMULATED-GAINS-PRIOR> (3,788,777)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 904,959<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,786,585<F1>
<AVERAGE-NET-ASSETS> 77,205,590
<PER-SHARE-NAV-BEGIN> 18.574
<PER-SHARE-NII> (0.156)
<PER-SHARE-GAIN-APPREC> 3.659
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 22.077
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 103
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 145,721,828<F1>
<INVESTMENTS-AT-VALUE> 185,896,046<F1>
<RECEIVABLES> 2,223,775<F1>
<ASSETS-OTHER> 20,287<F1>
<OTHER-ITEMS-ASSETS> 4,191<F1>
<TOTAL-ASSETS> 188,144,299<F1>
<PAYABLE-FOR-SECURITIES> 1,136,786<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 608,876<F1>
<TOTAL-LIABILITIES> 1,745,662<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,993,193
<SHARES-COMMON-STOCK> 3,684,878
<SHARES-COMMON-PRIOR> 2,131,160
<ACCUMULATED-NII-CURRENT> (2,504)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> 1,828,333<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 40,174,218<F1>
<NET-ASSETS> 79,716,930
<DIVIDEND-INCOME> 305,574<F1>
<INTEREST-INCOME> 766,115<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (2,786,585)<F1>
<NET-INVESTMENT-INCOME> (1,714,896)<F1>
<REALIZED-GAINS-CURRENT> 5,617,110<F1>
<APPREC-INCREASE-CURRENT> 22,863,277<F1>
<NET-CHANGE-FROM-OPS> 26,765,491<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,002,340
<NUMBER-OF-SHARES-REDEEMED> (448,622)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 40,632,593
<ACCUMULATED-NII-PRIOR> (1,258)<F1>
<ACCUMULATED-GAINS-PRIOR> (3,788,777)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 904,959<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 2,786,585<F1>
<AVERAGE-NET-ASSETS> 58,690,732
<PER-SHARE-NAV-BEGIN> 18.339
<PER-SHARE-NII> (0.266)
<PER-SHARE-GAIN-APPREC> 3.561
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 21.634
<EXPENSE-RATIO> 2.44
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 111
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 26,304,067<F1>
<INVESTMENTS-AT-VALUE> 32,687,933<F1>
<RECEIVABLES> 27,287<F1>
<ASSETS-OTHER> 13,799<F1>
<OTHER-ITEMS-ASSETS> 465,834<F1>
<TOTAL-ASSETS> 33,194,853<F1>
<PAYABLE-FOR-SECURITIES> 884,410<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 176,017<F1>
<TOTAL-LIABILITIES> 1,060,427<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,575,846
<SHARES-COMMON-STOCK> 90,545
<SHARES-COMMON-PRIOR> 9,813
<ACCUMULATED-NII-CURRENT> (394)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (910,647)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 6,378,021<F1>
<NET-ASSETS> 1,644,265
<DIVIDEND-INCOME> 232,842<F1>
<INTEREST-INCOME> 28,063<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (767,946)<F1>
<NET-INVESTMENT-INCOME> (507,041)<F1>
<REALIZED-GAINS-CURRENT> (897,364)<F1>
<APPREC-INCREASE-CURRENT> 3,531,967<F1>
<NET-CHANGE-FROM-OPS> 2,127,562<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 83,388
<NUMBER-OF-SHARES-REDEEMED> (2,656)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,482,187
<ACCUMULATED-NII-PRIOR> (812)<F1>
<ACCUMULATED-GAINS-PRIOR> (33,287)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 267,897<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 767,946<F1>
<AVERAGE-NET-ASSETS> 927,479
<PER-SHARE-NAV-BEGIN> 16.517
<PER-SHARE-NII> (0.169)
<PER-SHARE-GAIN-APPREC> 1.812
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 18.160
<EXPENSE-RATIO> 2.26
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 112
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 26,304,067<F1>
<INVESTMENTS-AT-VALUE> 32,687,933<F1>
<RECEIVABLES> 27,287<F1>
<ASSETS-OTHER> 13,799<F1>
<OTHER-ITEMS-ASSETS> 465,834<F1>
<TOTAL-ASSETS> 33,194,853<F1>
<PAYABLE-FOR-SECURITIES> 884,410<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 176,017<F1>
<TOTAL-LIABILITIES> 1,060,427<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,239,185
<SHARES-COMMON-STOCK> 913,789
<SHARES-COMMON-PRIOR> 626,946
<ACCUMULATED-NII-CURRENT> (394)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (910,647)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 6,378,021<F1>
<NET-ASSETS> 16,572,917
<DIVIDEND-INCOME> 232,842<F1>
<INTEREST-INCOME> 28,063<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (767,946)<F1>
<NET-INVESTMENT-INCOME> (507,041)<F1>
<REALIZED-GAINS-CURRENT> (897,364)<F1>
<APPREC-INCREASE-CURRENT> 3,531,967<F1>
<NET-CHANGE-FROM-OPS> 2,127,562<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 453,796
<NUMBER-OF-SHARES-REDEEMED> (166,953)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 6,201,063
<ACCUMULATED-NII-PRIOR> (812)<F1>
<ACCUMULATED-GAINS-PRIOR> (33,287)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 267,897<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 767,946<F1>
<AVERAGE-NET-ASSETS> 14,476,854
<PER-SHARE-NAV-BEGIN> 16.543
<PER-SHARE-NII> (0.262)
<PER-SHARE-GAIN-APPREC> 1.855
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 18.136
<EXPENSE-RATIO> 2.56
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 113
<NAME> Common Sense Trust Growth Fund
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 26,304,067<F1>
<INVESTMENTS-AT-VALUE> 32,687,933<F1>
<RECEIVABLES> 27,287<F1>
<ASSETS-OTHER> 13,799<F1>
<OTHER-ITEMS-ASSETS> 465,834<F1>
<TOTAL-ASSETS> 33,194,853<F1>
<PAYABLE-FOR-SECURITIES> 884,410<F1>
<SENIOR-LONG-TERM-DEBT> 0<F1>
<OTHER-ITEMS-LIABILITIES> 176,017<F1>
<TOTAL-LIABILITIES> 1,060,427<F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,852,415
<SHARES-COMMON-STOCK> 781,557
<SHARES-COMMON-PRIOR> 491,294
<ACCUMULATED-NII-CURRENT> (394)<F1>
<OVERDISTRIBUTION-NII> 0<F1>
<ACCUMULATED-NET-GAINS> (910,647)<F1>
<OVERDISTRIBUTION-GAINS> 0<F1>
<ACCUM-APPREC-OR-DEPREC> 6,378,021<F1>
<NET-ASSETS> 13,917,244
<DIVIDEND-INCOME> 232,842<F1>
<INTEREST-INCOME> 28,063<F1>
<OTHER-INCOME> 0<F1>
<EXPENSES-NET> (767,946)<F1>
<NET-INVESTMENT-INCOME> (507,041)<F1>
<REALIZED-GAINS-CURRENT> (897,364)<F1>
<APPREC-INCREASE-CURRENT> 3,531,967<F1>
<NET-CHANGE-FROM-OPS> 2,127,562<F1>
<EQUALIZATION> 0<F1>
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 382,972
<NUMBER-OF-SHARES-REDEEMED> (92,709)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,877,764
<ACCUMULATED-NII-PRIOR> (812)<F1>
<ACCUMULATED-GAINS-PRIOR> (33,287)<F1>
<OVERDISTRIB-NII-PRIOR> 0<F1>
<OVERDIST-NET-GAINS-PRIOR> 0<F1>
<GROSS-ADVISORY-FEES> 267,897<F1>
<INTEREST-EXPENSE> 0<F1>
<GROSS-EXPENSE> 767,946<F1>
<AVERAGE-NET-ASSETS> 11,385,386
<PER-SHARE-NAV-BEGIN> 16,364
<PER-SHARE-NII> (0.323)
<PER-SHARE-GAIN-APPREC> 1.766
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 17.807
<EXPENSE-RATIO> 3.30
<AVG-DEBT-OUTSTANDING> 0<F1>
<AVG-DEBT-PER-SHARE> 0<F1>
<FN>
<F1>This item relates to the Fund on a composite basis and not on a class basis
</FN>
</TABLE>
