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<PAGE> PAGE 7
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<PAGE> PAGE 8
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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 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 20
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<PAGE> PAGE 21
055 A000500 N
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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008 A000601 THE HUNTINGTON TRUST COMPANY, N.A.
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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008 A000701 THE HUNTINGTON TRUST COMPANY, N.A.
008 B000701 A
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008 D020701 OH
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
066 A000700 N
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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008 A000801 THE HUNTINGTON TRUST COMPANY, N.A.
008 B000801 A
008 C000801 801-0000
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008 D020801 OH
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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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008 A000901 THE HUNTINGTON TRUST COMPANY, N.A.
008 B000901 A
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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008 A001001 THE HUNTINGTON TRUST COMPANY, N.A.
008 B001001 A
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008 D011001 COLUMBUS
008 D021001 OH
008 D031001 43287
008 A001002 PIPER CAPITAL MANAGEMENT, INC.
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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<SERIES>
<NUMBER> 1
<NAME> Monitor Fixed Income Securities Fund
Trust Shares
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<SERIES>
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<NAME> Monitor Fixed Income Securities Fund
Investment Shares
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<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> Monitor Growth Fund
Trust Shares
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<PERIOD-END> Dec-31-1994
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<SERIES>
<NUMBER> 4
<NAME> Monitor Growth Fund
Investment Shares
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<TABLE> <S> <C>
<S> <C>
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<SERIES>
<NUMBER> 5
<NAME> Monitor Income Equity Fund
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<INVESTMENTS-AT-COST> 105,568,000
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<SERIES>
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<NAME> Monitor Money Market Fund
Trust Shares
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<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> Monitor Money Market Fund
Investment Shares
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<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 331,013,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,579,000
<TOTAL-LIABILITIES> 1,579,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 329,434,000
<SHARES-COMMON-STOCK> 41,629,000
<SHARES-COMMON-PRIOR> 21,583,178
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 41,629,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,467,000
<OTHER-INCOME> 0
<EXPENSES-NET> 1,745,000
<NET-INVESTMENT-INCOME> 12,722,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 12,722,000
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,009,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 62,107,000
<NUMBER-OF-SHARES-REDEEMED> 42,989,000
<SHARES-REINVESTED> 927,000
<NET-CHANGE-IN-ASSETS> (29,426,000)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,019,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,818,000
<AVERAGE-NET-ASSETS> 339,528,810
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.040
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.040
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 61
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> Monitor Mortgage Securities Fund
Trust Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 101,420,000
<INVESTMENTS-AT-VALUE> 77,897,000
<RECEIVABLES> 5,499,000
<ASSETS-OTHER> 36,000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 83,432,000
<PAYABLE-FOR-SECURITIES> 5,027,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,982,000
<TOTAL-LIABILITIES> 25,009,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 92,849,000
<SHARES-COMMON-STOCK> 8,099,000
<SHARES-COMMON-PRIOR> 9,110,302
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (62,000)
<ACCUMULATED-NET-GAINS> (10,841,000)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (23,523,000)
<NET-ASSETS> 54,164,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,318,000
<OTHER-INCOME> 0
<EXPENSES-NET> 700,000
<NET-INVESTMENT-INCOME> 8,618,000
<REALIZED-GAINS-CURRENT> (10,599,000)
<APPREC-INCREASE-CURRENT> (21,638,000)
<NET-CHANGE-FROM-OPS> (23,619,000)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8,255,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 139,000
<NUMBER-OF-SHARES-SOLD> 799,000
<NUMBER-OF-SHARES-REDEEMED> 2,188,000
<SHARES-REINVESTED> 378,000
<NET-CHANGE-IN-ASSETS> (40,571,000)
<ACCUMULATED-NII-PRIOR> 425,663
<ACCUMULATED-GAINS-PRIOR> (242,157)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 387,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 809,000
<AVERAGE-NET-ASSETS> 77,433,481
<PER-SHARE-NAV-BEGIN> 9.930
<PER-SHARE-NII> 0.890
<PER-SHARE-GAIN-APPREC> (3.190)
<PER-SHARE-DIVIDEND> 0.920
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.020
<PER-SHARE-NAV-END> 6.690
<EXPENSE-RATIO> 88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> Monitor Mortgage Securities Fund
Investment Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 101,420,000
<INVESTMENTS-AT-VALUE> 77,897,000
<RECEIVABLES> 5,499,000
<ASSETS-OTHER> 36,000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 83,432,000
<PAYABLE-FOR-SECURITIES> 5,027,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,982,000
<TOTAL-LIABILITIES> 25,009,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 92,849,000
<SHARES-COMMON-STOCK> 636,000
<SHARES-COMMON-PRIOR> 858,335
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (62,000)
<ACCUMULATED-NET-GAINS> (10,841,000)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (23,523,000)
<NET-ASSETS> 4,259,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,318,000
<OTHER-INCOME> 0
<EXPENSES-NET> 700,000
<NET-INVESTMENT-INCOME> 8,618,000
<REALIZED-GAINS-CURRENT> (10,599,000)
<APPREC-INCREASE-CURRENT> (21,638,000)
<NET-CHANGE-FROM-OPS> (23,619,000)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 712,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 79,000
<NUMBER-OF-SHARES-REDEEMED> 368,000
<SHARES-REINVESTED> 67,000
<NET-CHANGE-IN-ASSETS> (40,571,000)
<ACCUMULATED-NII-PRIOR> 425,663
<ACCUMULATED-GAINS-PRIOR> (242,157)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 387,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 809,000
<AVERAGE-NET-ASSETS> 77,433,481
<PER-SHARE-NAV-BEGIN> 9.940
<PER-SHARE-NII> 0.880
<PER-SHARE-GAIN-APPREC> (3.200)
<PER-SHARE-DIVIDEND> 0.920
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 6.700
<EXPENSE-RATIO> 113
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> Monitor Ohio Municipal Money Market Fund
Trust Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 76,611,000
<INVESTMENTS-AT-VALUE> 76,611,000
<RECEIVABLES> 427,000
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 77,038,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 280,000
<TOTAL-LIABILITIES> 280,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76,758,000
<SHARES-COMMON-STOCK> 39,624,000
<SHARES-COMMON-PRIOR> 40,141,321
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 39,624,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,945,000
<OTHER-INCOME> 0
<EXPENSES-NET> 337,000
<NET-INVESTMENT-INCOME> 1,608,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,608,000
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 882,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 70,571,000
<NUMBER-OF-SHARES-REDEEMED> 71,095,000
<SHARES-REINVESTED> 5,000
<NET-CHANGE-IN-ASSETS> 16,305,000
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 206,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 469,000
<AVERAGE-NET-ASSETS> 68,427,537
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> Monitor Ohio Municipal Money Market Fund
Investment Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 76,611,000
<INVESTMENTS-AT-VALUE> 76,611,000
<RECEIVABLES> 427,000
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 77,038,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 280,000
<TOTAL-LIABILITIES> 280,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76,758,000
<SHARES-COMMON-STOCK> 37,134,000
<SHARES-COMMON-PRIOR> 20,311,762
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 37,134,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,945,000
<OTHER-INCOME> 0
<EXPENSES-NET> 337,000
<NET-INVESTMENT-INCOME> 1,608,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,608,000
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 726,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 89,672,000
<NUMBER-OF-SHARES-REDEEMED> 73,040,000
<SHARES-REINVESTED> 192,000
<NET-CHANGE-IN-ASSETS> 16,305,000
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 206,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 469,000
<AVERAGE-NET-ASSETS> 68,427,537
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> Monitor Ohio Tax-Free Fund
Trust Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 58,571,000
<INVESTMENTS-AT-VALUE> 58,335,000
<RECEIVABLES> 510,000
<ASSETS-OTHER> 3,000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58,848,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 72,000
<TOTAL-LIABILITIES> 72,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 58,980,000
<SHARES-COMMON-STOCK> 2,755,000
<SHARES-COMMON-PRIOR> 2,701,297
<ACCUMULATED-NII-CURRENT> 32,000
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (236,000)
<NET-ASSETS> 56,469,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,270,000
<OTHER-INCOME> 0
<EXPENSES-NET> 467,000
<NET-INVESTMENT-INCOME> 2,803,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (4,412,000)
<NET-CHANGE-FROM-OPS> (1,609,000)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,670,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 830,000
<NUMBER-OF-SHARES-REDEEMED> 783,000
<SHARES-REINVESTED> 6,000
<NET-CHANGE-IN-ASSETS> (3,603,000)
<ACCUMULATED-NII-PRIOR> 13,648
<ACCUMULATED-GAINS-PRIOR> (18)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 300,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 494,000
<AVERAGE-NET-ASSETS> 59,916,068
<PER-SHARE-NAV-BEGIN> 22.040
<PER-SHARE-NII> 0.990
<PER-SHARE-GAIN-APPREC> (1.550)
<PER-SHARE-DIVIDEND> 0.980
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.500
<EXPENSE-RATIO> 77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> Monitor Ohio Tax-Free Fund
Investment Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 58,571,000
<INVESTMENTS-AT-VALUE> 58,335,000
<RECEIVABLES> 510,000
<ASSETS-OTHER> 3,000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58,848,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 72,000
<TOTAL-LIABILITIES> 72,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 58,980,000
<SHARES-COMMON-STOCK> 112,000
<SHARES-COMMON-PRIOR> 128,742
<ACCUMULATED-NII-CURRENT> 32,000
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (236,000)
<NET-ASSETS> 2,307,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,270,000
<OTHER-INCOME> 0
<EXPENSES-NET> 467,000
<NET-INVESTMENT-INCOME> 2,803,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (4,412,000)
<NET-CHANGE-FROM-OPS> (1,609,000)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 115,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,000
<NUMBER-OF-SHARES-REDEEMED> 41,000
<SHARES-REINVESTED> 4,000
<NET-CHANGE-IN-ASSETS> (3,603,000)
<ACCUMULATED-NII-PRIOR> 13,648
<ACCUMULATED-GAINS-PRIOR> (18)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 300,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 494,000
<AVERAGE-NET-ASSETS> 59,916,068
<PER-SHARE-NAV-BEGIN> 22.040
<PER-SHARE-NII> 0.940
<PER-SHARE-GAIN-APPREC> (1.560)
<PER-SHARE-DIVIDEND> 0.920
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 20.500
<EXPENSE-RATIO> 102
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 14
<NAME> Monitor Short-Intermediate Fixed Income Sec. F
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 129,743,000
<INVESTMENTS-AT-VALUE> 125,362,000
<RECEIVABLES> 2,521,000
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 127,883,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,771,000
<TOTAL-LIABILITIES> 2,771,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,577,000
<SHARES-COMMON-STOCK> 6,536,000
<SHARES-COMMON-PRIOR> 6,022,838
<ACCUMULATED-NII-CURRENT> 116,000
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (200,000)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (4,381,000)
<NET-ASSETS> 125,112,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,219,000
<OTHER-INCOME> 0
<EXPENSES-NET> 914,000
<NET-INVESTMENT-INCOME> 7,305,000
<REALIZED-GAINS-CURRENT> (200,000)
<APPREC-INCREASE-CURRENT> (8,318,000)
<NET-CHANGE-FROM-OPS> (1,213,000)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7,912,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,732,000
<NUMBER-OF-SHARES-REDEEMED> 1,383,000
<SHARES-REINVESTED> 164,000
<NET-CHANGE-IN-ASSETS> 1,215,000
<ACCUMULATED-NII-PRIOR> 723,391
<ACCUMULATED-GAINS-PRIOR> (29,398)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 636,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 914,000
<AVERAGE-NET-ASSETS> 127,261,064
<PER-SHARE-NAV-BEGIN> 20.570
<PER-SHARE-NII> 1.130
<PER-SHARE-GAIN-APPREC> (1.330)
<PER-SHARE-DIVIDEND> 1.230
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 19.140
<EXPENSE-RATIO> 72
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 15
<NAME> Monitor U.S. Treasury Money Market Fund
Trust Shares
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Dec-31-1994
<PERIOD-END> Dec-31-1994
<INVESTMENTS-AT-COST> 277,945,000
<INVESTMENTS-AT-VALUE> 277,945,000
<RECEIVABLES> 168,000
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 278,113,000
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,185,000
<TOTAL-LIABILITIES> 1,185,000
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 276,928,000
<SHARES-COMMON-STOCK> 256,538,000
<SHARES-COMMON-PRIOR> 231,125,253
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 256,538,000
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,342,000
<OTHER-INCOME> 0
<EXPENSES-NET> 1,052,000
<NET-INVESTMENT-INCOME> 9,290,000
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 9,290,000
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9,022,000
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 535,341,000
<NUMBER-OF-SHARES-REDEEMED> 509,942,000
<SHARES-REINVESTED> 16,000
<NET-CHANGE-IN-ASSETS> 44,857,000
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 495,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,121,000
<AVERAGE-NET-ASSETS> 247,468,405
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.040
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.040
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 16
<NAME> Monitor U.S. Treasury Money Market Fund
Investment Shares
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