MONITOR FUNDS
NSAR-A, 1997-08-28
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<PAGE>      PAGE  1
000 A000000 06/30/97
000 C000000 0000810695
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 THE MONITOR FUNDS TRUST
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002 A000000 680 E SWEDESFORD RD
002 B000000 WAYNE
002 C000000 PA
002 D010000 19087
003  000000 N
004  000000 N
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013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 COLUMBUS
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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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028 F040700       634
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028 G030700         0
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031 B000700      0
032  000700      0
033  000700      0
037  000700 N
038  000700      0
039  000700 N
040  000700 Y
041  000700 Y
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<PAGE>      PAGE  20
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062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   0.0
062 M000700   0.0
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062 O000700  98.8
062 P000700   0.0
062 Q000700   0.0
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063 B000700  7.1
064 A000700 Y
064 B000700 N
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<PAGE>      PAGE  21
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073 A010700   0.5100
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074 M000700        0
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074 Y000700        0
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075 B000700    66069
076  000700     0.00
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025 A000801 BEAR STEARNS
025 B000801 13-2975144
025 C000801 D
025 D000801     974
025 A000802 DEAN WITTER
025 B000802 94-1671384
025 C000802 D
<PAGE>      PAGE  22
025 D000802    1001
025 A000803 SALOMON BROTHERS
025 B000803 13-3082694
025 C000803 D
025 D000803     962
025 A000804 PRUDENTIAL FUNDING CORP
025 C000804 D
025 D000804    1384
025 D000805       0
025 D000806       0
025 D000807       0
025 D000808       0
028 A010800      3188
028 A020800       313
028 A030800         0
028 A040800      3501
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028 B020800       303
028 B030800         0
028 B040800      2761
028 C010800      1576
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028 C030800         0
028 C040800      1880
028 D010800      1668
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028 D030800         0
028 D040800      1974
028 E010800      1253
028 E020800       310
028 E030800         0
028 E040800      1563
028 F010800       941
028 F020800       310
028 F030800         0
028 F040800      1251
028 G010800     11084
028 G020800      1846
028 G030800         0
028 G040800     12930
028 H000800         0
029  000800 Y
030 A000800      0
030 B000800  2.00
030 C000800  0.00
031 A000800      0
031 B000800      0
032  000800      0
033  000800      0
037  000800 N
038  000800      0
<PAGE>      PAGE  23
039  000800 N
040  000800 Y
041  000800 Y
042 A000800   0
042 B000800   0
042 C000800 100
042 D000800   0
042 E000800   0
042 F000800   0
042 G000800   0
042 H000800   0
043  000800      2
044  000800      0
062 A000800 Y
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062 C000800   0.0
062 D000800   0.0
062 E000800   0.0
062 F000800   0.0
062 G000800   0.0
062 H000800   0.0
062 I000800   0.9
062 J000800   0.0
062 K000800   0.0
062 L000800   0.0
062 M000800  27.6
062 N000800   7.3
062 O000800   0.0
062 P000800  62.4
062 Q000800   0.0
062 R000800   0.0
063 A000800   0
063 B000800  8.1
064 A000800 N
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071 B000800    158951
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072 A000800  6
072 B000800     5133
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072 D000800        0
072 E000800        0
072 F000800      363
072 G000800       80
072 H000800        0
072 I000800       14
072 J000800       41
072 K000800        0
072 L000800        2
072 M000800        2
<PAGE>      PAGE  24
072 N000800        6
072 O000800        0
072 P000800        0
072 Q000800        0
072 R000800        1
072 S000800        2
072 T000800        2
072 U000800        0
072 V000800        0
072 W000800        3
072 X000800      516
072 Y000800        0
072 Z000800     4617
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072EE000800        0
073 A010800   0.6500
073 A020800   0.6300
073 B000800   0.0000
073 C000800   0.0000
074 A000800        0
074 B000800        0
074 C000800     1384
074 D000800   143720
074 E000800        0
074 F000800        0
074 G000800        0
074 H000800        0
074 I000800        0
074 J000800        0
074 K000800        0
074 L000800     2728
074 M000800        0
074 N000800   147832
074 O000800        0
074 P000800        0
074 Q000800        0
074 R010800        0
074 R020800        0
074 R030800        0
074 R040800      129
074 S000800        0
074 T000800   147703
074 U010800     7021
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<PAGE>      PAGE  25
074 W000800   0.0000
074 X000800      223
074 Y000800        0
075 A000800        0
075 B000800   145759
076  000800     0.00
024  000900 Y
025 A000901 AMERICAN EXPRESS
025 C000901 D
025 D000901    1017
025 A000902 BEAR STEARNS
025 C000902 D
025 D000902    1230
025 A000903 DEAN WITTER
025 C000903 D
025 D000903    1001
025 A000904 GOLDMAN SACHS
025 C000904 D
025 D000904    1009
025 A000905 LEHMAN BROTHERS
025 C000905 D
025 D000905    1015
025 A000906 MORGAN STANLEY
025 C000906 D
025 D000906     513
025 A000907 SALOMON INC.
025 C000907 D
025 D000907    1025
025 A000908 PRUDENTIAL FUNDING
025 C000908 D
025 D000908    1541
028 A010900      1897
028 A020900       280
028 A030900         0
028 A040900      2177
028 B010900       972
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028 B030900         0
028 B040900      1241
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028 C030900         0
028 C040900      2246
028 D010900       572
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028 D030900         0
028 D040900       843
028 E010900      1116
028 E020900       281
028 E030900         0
028 E040900      1397
<PAGE>      PAGE  26
028 F010900       772
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028 F040900      1044
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028 G040900      8948
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029  000900 Y
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030 B000900  2.00
030 C000900  0.00
031 A000900      0
031 B000900      0
032  000900      0
033  000900      0
037  000900 N
038  000900      0
039  000900 N
040  000900 Y
041  000900 Y
042 A000900   0
042 B000900   0
042 C000900 100
042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
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044  000900      0
062 A000900 Y
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062 C000900   0.0
062 D000900   0.0
062 E000900   0.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   1.3
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900  26.3
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062 O000900   0.0
062 P000900  68.3
062 Q000900   0.0
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<PAGE>      PAGE  27
063 B000900  2.9
064 A000900 N
064 B000900 N
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073 A010900   0.5800
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<PAGE>      PAGE  28
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074 L000900     2110
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074 N000900   122885
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024  001000 Y
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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064 A001000 N
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071 A001000     11222
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073 A011000   0.2600
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<PAGE>      PAGE  31
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074 R041000     2014
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074 T001000    40965
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074 V011000     8.07
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075 B001000    41272
076  001000     0.00
SIGNATURE   ROBERT DELLACROCE                            
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 010
   <NAME> MONEY MARKET TRUST CLASS
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 011
   <NAME> MONEY MARKET INVESTMENT CLASS
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 021
   <NAME> OHIO MUNICIPAL MONEY MARKET TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
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<SHARES-COMMON-PRIOR>                            56654
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (12)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    140377
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2364
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     318
<NET-INVESTMENT-INCOME>                           2046
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             2046
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                          2046
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          63894
<NUMBER-OF-SHARES-REDEEMED>                      45325
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           18569
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              194
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    380
<AVERAGE-NET-ASSETS>                             61310
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .44
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 022
   <NAME> OHIO MUNI MONEY MARKET INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           140806
<INVESTMENTS-AT-VALUE>                          140806
<RECEIVABLES>                                     1036
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  141843
<PAYABLE-FOR-SECURITIES>                          1006
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          460
<TOTAL-LIABILITIES>                               1466
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         65158
<SHARES-COMMON-STOCK>                            65158
<SHARES-COMMON-PRIOR>                            74102
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (12)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    140377
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2364
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     318
<NET-INVESTMENT-INCOME>                           2046
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             2046
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          69974
<NUMBER-OF-SHARES-REDEEMED>                      79070
<SHARES-REINVESTED>                                148
<NET-CHANGE-IN-ASSETS>                          (8948)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              194
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    380
<AVERAGE-NET-ASSETS>                             69233
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .54
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 031
   <NAME> U.S. TREASURY MONEY MARKET TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           549157
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                      176
<ASSETS-OTHER>                                  549157
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  549333
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2388
<TOTAL-LIABILITIES>                               2388
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        546921
<SHARES-COMMON-STOCK>                           546921
<SHARES-COMMON-PRIOR>                           522477
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             24
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    546945
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                14505
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1182
<NET-INVESTMENT-INCOME>                          13323
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                            13347
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         418419
<NUMBER-OF-SHARES-REDEEMED>                     391594
<SHARES-REINVESTED>                                  8
<NET-CHANGE-IN-ASSETS>                           26833
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              547
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1188
<AVERAGE-NET-ASSETS>                            503515
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .42
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 032
   <NAME> U.S. TREASURY MONEY MARKET INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           549157
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                      176
<ASSETS-OTHER>                                  549157
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  549333
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2388
<TOTAL-LIABILITIES>                               2388
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        546921
<SHARES-COMMON-STOCK>                           546921
<SHARES-COMMON-PRIOR>                           522477
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             24
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    546945
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                14505
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1182
<NET-INVESTMENT-INCOME>                          13323
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                            13347
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          59612
<NUMBER-OF-SHARES-REDEEMED>                      62384
<SHARES-REINVESTED>                                383
<NET-CHANGE-IN-ASSETS>                         (62384)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              547
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1188
<AVERAGE-NET-ASSETS>                             47685
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .52
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 051
   <NAME> GROWTH FUND TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           132065
<INVESTMENTS-AT-VALUE>                          214738
<RECEIVABLES>                                     2054
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  216792
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          190
<TOTAL-LIABILITIES>                                190
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        129129
<SHARES-COMMON-STOCK>                             5178
<SHARES-COMMON-PRIOR>                             5175
<ACCUMULATED-NII-CURRENT>                         (66)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           4866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         82673
<NET-ASSETS>                                    216602
<DIVIDEND-INCOME>                                 1416
<INTEREST-INCOME>                                   65
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     775
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                          4866
<APPREC-INCREASE-CURRENT>                        31779
<NET-CHANGE-FROM-OPS>                            37351
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          762
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10901
<NUMBER-OF-SHARES-REDEEMED>                      11143
<SHARES-REINVESTED>                                265
<NET-CHANGE-IN-ASSETS>                              23
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              572
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    775
<AVERAGE-NET-ASSETS>                            187753
<PER-SHARE-NAV-BEGIN>                            33.97
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           6.90
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .15
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              40.85
<EXPENSE-RATIO>                                    .81
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 052
   <NAME> GROWTH FUND INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           132065
<INVESTMENTS-AT-VALUE>                          214738
<RECEIVABLES>                                     2054
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  216972
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          190
<TOTAL-LIABILITIES>                                190
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        129129
<SHARES-COMMON-STOCK>                              125
<SHARES-COMMON-PRIOR>                              126
<ACCUMULATED-NII-CURRENT>                         (66)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           4866
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         82673
<NET-ASSETS>                                    216602
<DIVIDEND-INCOME>                                 1416
<INTEREST-INCOME>                                   65
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     775
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                          4866
<APPREC-INCREASE-CURRENT>                        31779
<NET-CHANGE-FROM-OPS>                            37351
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           14
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            268
<NUMBER-OF-SHARES-REDEEMED>                         13
<SHARES-REINVESTED>                                 13
<NET-CHANGE-IN-ASSETS>                            (45)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              572
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    775
<AVERAGE-NET-ASSETS>                              4541
<PER-SHARE-NAV-BEGIN>                            33.96
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                           6.89
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .11
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              40.83
<EXPENSE-RATIO>                                   1.06
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 061
   <NAME> INCOME EQUITY TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           125868
<INVESTMENTS-AT-VALUE>                          196857
<RECEIVABLES>                                      730
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  197587
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          137
<TOTAL-LIABILITIES>                                137
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        124579
<SHARES-COMMON-STOCK>                             5872
<SHARES-COMMON-PRIOR>                             5710
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           2046
<OVERDISTRIBUTION-GAINS>                           218
<ACCUM-APPREC-OR-DEPREC>                        124579
<NET-ASSETS>                                    197450
<DIVIDEND-INCOME>                                 2519
<INTEREST-INCOME>                                 1142
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     739
<NET-INVESTMENT-INCOME>                           2922
<REALIZED-GAINS-CURRENT>                          2046
<APPREC-INCREASE-CURRENT>                        17768
<NET-CHANGE-FROM-OPS>                            22736
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         3147
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10820
<NUMBER-OF-SHARES-REDEEMED>                       6800
<SHARES-REINVESTED>                               1028
<NET-CHANGE-IN-ASSETS>                            5048
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              547
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    739
<AVERAGE-NET-ASSETS>                            183922
<PER-SHARE-NAV-BEGIN>                                0
<PER-SHARE-NII>                                    .53
<PER-SHARE-GAIN-APPREC>                           3.37
<PER-SHARE-DIVIDEND>                             30.26
<PER-SHARE-DISTRIBUTIONS>                          .54
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              33.62
<EXPENSE-RATIO>                                    .81
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 062
   <NAME> INCOME EQUITY INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           125868
<INVESTMENTS-AT-VALUE>                          196857
<RECEIVABLES>                                      730
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  197587
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          137
<TOTAL-LIABILITIES>                                137
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        124579
<SHARES-COMMON-STOCK>                                1
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           2046
<OVERDISTRIBUTION-GAINS>                           218
<ACCUM-APPREC-OR-DEPREC>                        124579
<NET-ASSETS>                                    197450
<DIVIDEND-INCOME>                                 2519
<INTEREST-INCOME>                                 1142
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     739
<NET-INVESTMENT-INCOME>                           2922
<REALIZED-GAINS-CURRENT>                          2046
<APPREC-INCREASE-CURRENT>                        17768
<NET-CHANGE-FROM-OPS>                            22736
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         3147
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             46
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                              46
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              547
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    739
<AVERAGE-NET-ASSETS>                              4541
<PER-SHARE-NAV-BEGIN>                            30.26
<PER-SHARE-NII>                                    .18
<PER-SHARE-GAIN-APPREC>                           3.35
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .18
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              33.62
<EXPENSE-RATIO>                                   1.08
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 071
   <NAME> OHIO TAX FREE TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            62003
<INVESTMENTS-AT-VALUE>                           64418
<RECEIVABLES>                                      572
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64990
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           79
<TOTAL-LIABILITIES>                                 79
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         62481
<SHARES-COMMON-STOCK>                             2953
<SHARES-COMMON-PRIOR>                             3016
<ACCUMULATED-NII-CURRENT>                           19
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            (4)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          2415
<NET-ASSETS>                                     64911
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1810
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     247
<NET-INVESTMENT-INCOME>                           1563
<REALIZED-GAINS-CURRENT>                             2
<APPREC-INCREASE-CURRENT>                        (245)
<NET-CHANGE-FROM-OPS>                             1320
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1534
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           4278
<NUMBER-OF-SHARES-REDEEMED>                       5698
<SHARES-REINVESTED>                                 99
<NET-CHANGE-IN-ASSETS>                            1321
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              164
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    247
<AVERAGE-NET-ASSETS>                             64275
<PER-SHARE-NAV-BEGIN>                            21.49
<PER-SHARE-NII>                                    .51
<PER-SHARE-GAIN-APPREC>                          (.08)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .51
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.41
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 072
   <NAME> OHIO TAX FREE INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            62003
<INVESTMENTS-AT-VALUE>                           64418
<RECEIVABLES>                                      572
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   64990
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           79
<TOTAL-LIABILITIES>                                 79
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         62481
<SHARES-COMMON-STOCK>                               79
<SHARES-COMMON-PRIOR>                               88
<ACCUMULATED-NII-CURRENT>                           19
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            (4)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          2415
<NET-ASSETS>                                     64911
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1810
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     247
<NET-INVESTMENT-INCOME>                           1563
<REALIZED-GAINS-CURRENT>                             2
<APPREC-INCREASE-CURRENT>                        (245)
<NET-CHANGE-FROM-OPS>                             1320
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1534
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             18
<NUMBER-OF-SHARES-REDEEMED>                        262
<SHARES-REINVESTED>                                 32
<NET-CHANGE-IN-ASSETS>                           (212)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              164
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    247
<AVERAGE-NET-ASSETS>                              1794
<PER-SHARE-NAV-BEGIN>                            21.48
<PER-SHARE-NII>                                    .49
<PER-SHARE-GAIN-APPREC>                          (.07)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .49
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.48
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 081
   <NAME> FIXED INCOME FUND TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           143252
<INVESTMENTS-AT-VALUE>                          145104
<RECEIVABLES>                                     2726
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  147832
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          129
<TOTAL-LIABILITIES>                                129
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        146034
<SHARES-COMMON-STOCK>                             7021
<SHARES-COMMON-PRIOR>                             6879
<ACCUMULATED-NII-CURRENT>                            7
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (190)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1852
<NET-ASSETS>                                    147703
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 5133
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     516
<NET-INVESTMENT-INCOME>                           4617
<REALIZED-GAINS-CURRENT>                          1035
<APPREC-INCREASE-CURRENT>                         2041
<NET-CHANGE-FROM-OPS>                             3611
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         4574
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          10967
<NUMBER-OF-SHARES-REDEEMED>                       9810
<SHARES-REINVESTED>                               1806
<NET-CHANGE-IN-ASSETS>                            2963
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              363
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    516
<AVERAGE-NET-ASSETS>                            143983
<PER-SHARE-NAV-BEGIN>                            20.94
<PER-SHARE-NII>                                    .65
<PER-SHARE-GAIN-APPREC>                          (.15)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .65
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.79
<EXPENSE-RATIO>                                    .71
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 082
   <NAME> MONITOR FIXED INCOME FUND (INVESTMENT)
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           143252
<INVESTMENTS-AT-VALUE>                          145104
<RECEIVABLES>                                     2726
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  147832
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          129
<TOTAL-LIABILITIES>                                129
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        146034
<SHARES-COMMON-STOCK>                               82
<SHARES-COMMON-PRIOR>                               88
<ACCUMULATED-NII-CURRENT>                            7
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (190)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1852
<NET-ASSETS>                                    147703
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 5133
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     516
<NET-INVESTMENT-INCOME>                           4617
<REALIZED-GAINS-CURRENT>                          1035
<APPREC-INCREASE-CURRENT>                         2041
<NET-CHANGE-FROM-OPS>                             3611
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         4574
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             69
<NUMBER-OF-SHARES-REDEEMED>                        241
<SHARES-REINVESTED>                                 40
<NET-CHANGE-IN-ASSETS>                           (132)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              363
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    516
<AVERAGE-NET-ASSETS>                              1776
<PER-SHARE-NAV-BEGIN>                            20.95
<PER-SHARE-NII>                                    .63
<PER-SHARE-GAIN-APPREC>                          (.15)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .63
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              20.80
<EXPENSE-RATIO>                                    .96
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 091
   <NAME> MONITOR SHORT FIXED INCOME TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                           119597
<INVESTMENTS-AT-VALUE>                          120775
<RECEIVABLES>                                     2110
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  122885
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           81
<TOTAL-LIABILITIES>                                 81
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        122222
<SHARES-COMMON-STOCK>                             6183
<SHARES-COMMON-PRIOR>                             6287
<ACCUMULATED-NII-CURRENT>                           81
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (677)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1178
<NET-ASSETS>                                    122804
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 4121
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     433
<NET-INVESTMENT-INCOME>                           3688
<REALIZED-GAINS-CURRENT>                         (299)
<APPREC-INCREASE-CURRENT>                        (414)
<NET-CHANGE-FROM-OPS>                             2975
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         3630
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           7305
<NUMBER-OF-SHARES-REDEEMED>                      11004
<SHARES-REINVESTED>                               1644
<NET-CHANGE-IN-ASSETS>                            2055
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              308
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    433
<AVERAGE-NET-ASSETS>                            123392
<PER-SHARE-NAV-BEGIN>                            19.96
<PER-SHARE-NII>                                    .59
<PER-SHARE-GAIN-APPREC>                            .11
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .58
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              19.86
<EXPENSE-RATIO>                                    .70
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 101
   <NAME> MORTGAGE FUND TRUST CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            42360
<INVESTMENTS-AT-VALUE>                           42732
<RECEIVABLES>                                      246
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   42969
<PAYABLE-FOR-SECURITIES>                          1938
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           76
<TOTAL-LIABILITIES>                               2014
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         64575
<SHARES-COMMON-STOCK>                             4917
<SHARES-COMMON-PRIOR>                             4907
<ACCUMULATED-NII-CURRENT>                           12
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (23994)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           372
<NET-ASSETS>                                     40965
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1495
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     147
<NET-INVESTMENT-INCOME>                           1348
<REALIZED-GAINS-CURRENT>                            20
<APPREC-INCREASE-CURRENT>                            4
<NET-CHANGE-FROM-OPS>                             1372
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1288
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           2326
<NUMBER-OF-SHARES-REDEEMED>                       2337
<SHARES-REINVESTED>                                 98
<NET-CHANGE-IN-ASSETS>                              87
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              103
<INTEREST-EXPENSE>                                   6
<GROSS-EXPENSE>                                    190
<AVERAGE-NET-ASSETS>                             40062
<PER-SHARE-NAV-BEGIN>                             8.06
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                            .01
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .26
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.07
<EXPENSE-RATIO>                                    .70
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000810695
<NAME> MONITOR FUNDS
<SERIES>
   <NUMBER> 102
   <NAME> MORTGAGE FUND INVESTMENT CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            42360
<INVESTMENTS-AT-VALUE>                           42732
<RECEIVABLES>                                      246
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   42969
<PAYABLE-FOR-SECURITIES>                          1938
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           76
<TOTAL-LIABILITIES>                               2014
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         64575
<SHARES-COMMON-STOCK>                              158
<SHARES-COMMON-PRIOR>                              206
<ACCUMULATED-NII-CURRENT>                           12
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (23994)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           372
<NET-ASSETS>                                     40965
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1495
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     147
<NET-INVESTMENT-INCOME>                           1348
<REALIZED-GAINS-CURRENT>                            20
<APPREC-INCREASE-CURRENT>                            4
<NET-CHANGE-FROM-OPS>                             1372
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1288
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              7
<NUMBER-OF-SHARES-REDEEMED>                        430
<SHARES-REINVESTED>                                 33
<NET-CHANGE-IN-ASSETS>                             390
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              103
<INTEREST-EXPENSE>                                   6
<GROSS-EXPENSE>                                    190
<AVERAGE-NET-ASSETS>                              1552
<PER-SHARE-NAV-BEGIN>                             8.08
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                            .01
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .26
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.09
<EXPENSE-RATIO>                                    .95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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