<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 0000811707
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FBL VARIABLE INSURANCE SERIES FUND
001 B000000 811-5069
001 C000000 5152255400
002 A000000 5400 UNIVERSITY AVENUE
002 B000000 WEST DES MOINES
002 C000000 IA
002 D010000 50266
002 D020000 5997
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 6
007 C010100 1
007 C020100 GROWTH COMMON STOCK PORTFOLIO
007 C030100 N
007 C010200 2
007 C010300 3
007 C020300 HIGH GRADE BOND PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 HIGH YIELD BOND PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 MANAGED PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 MONEY MARKET PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 BLUE CHIP PORTFOLIO
007 C030700 N
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FBL INVESTMENT ADVISORY SERVICES, INC.
008 B00AA01 A
008 C00AA01 801-7655
008 D01AA01 WEST DES MOINES
008 D02AA01 IA
008 D03AA01 50266
<PAGE> PAGE 2
008 D04AA01 5997
010 A00AA01 FBL INVESTMENT ADVISORY SERVICES, INC.
010 C01AA01 WEST DES MOINES
010 C02AA01 IA
010 C03AA01 50266
010 C04AA01 5997
011 A00AA01 FBL INVESTMENT ADVISORY SERVICES, INC.
011 B00AA01 8-15854
011 C01AA01 WEST DES MOINES
011 C02AA01 IA
011 C03AA01 50266
011 C04AA01 5997
012 A00AA01 FBL INVESTMENT ADVISORY SERVICES, INC.
012 B00AA01 84-000201
012 C01AA01 WEST DES MOINES
012 C02AA01 IA
012 C03AA01 50266
012 C04AA01 5997
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 DES MOINES
013 B02AA01 IA
013 B03AA01 50309
014 A00AA01 FBL MARKETING SERVICES, INC.
014 B00AA01 8-15855
014 A00AA02 FBL INVESTMENT ADVISORY SERVICES, INC.
014 B00AA02 8-15854
015 A00AA01 BANKERS TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10005
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 13
019 C00AA00 FARMBUREAU
020 A000001 DM KELLY & CO.
020 B000001 42-1439008
020 C000001 13
020 A000002 DOMINICK & DOMINICK
020 B000002 13-2869428
020 C000002 5
020 A000003 DONALDSON, LUFKIN & JENRETTE
020 B000003 13-2741729
020 C000003 4
020 A000004 DEAN WITTER REYNOLDS & CO.
020 B000004 94-1671384
020 C000004 4
020 A000005 DAVIS, MENDEL & REGENSTEIN
020 B000005 58-1412594
020 C000005 4
<PAGE> PAGE 3
020 A000006 SECURITIES CORP. OF IOWA
020 B000006 42-0668686
020 C000006 3
020 A000007 MORGAN STANLEY
020 B000007 13-2655998
020 C000007 3
020 A000008 R.W. BAIRD
020 B000008 39-6037917
020 C000008 2
020 A000009 A.G. EDWARDS & CO.
020 B000009 43-0895447
020 C000009 1
020 A000010 SMITH BARNEY SHEARSON
020 B000010 13-2919773
020 C000010 1
021 000000 41
022 A000001 HSBC SECURITIES, INC.
022 B000001 13-2650272
022 C000001 22572
022 D000001 2756
022 A000002 MERRILL LYNCH
022 B000002 13-2761776
022 C000002 12557
022 D000002 1316
022 A000003 PRUDENTIAL BACHE
022 B000003 22-2347336
022 C000003 8335
022 D000003 3794
022 A000004 DREYFUS INSTITUTIONAL
022 B000004 13-2603136
022 C000004 5410
022 D000004 3470
022 A000005 DONALDSON, LUFKIN & JENRETTE
022 B000005 13-2741729
022 C000005 3262
022 D000005 3282
022 A000006 GENERAL ELECTRIC
022 B000006 13-1500700
022 C000006 3550
022 D000006 0
022 A000007 FORD MOTOR CREDIT CORP.
022 B000007 38-1612444
022 C000007 3395
022 D000007 0
022 A000008 NORWEST FINANCIAL, INC.
022 B000008 42-1186565
022 C000008 3381
022 D000008 0
022 A000009 INTERNATIONAL BUSINESS MACHINES CORP.
022 B000009 13-0871985
022 C000009 2715
<PAGE> PAGE 4
022 D000009 0
022 A000010 AMERICAN GENERAL FINANCE CORP.
022 B000010 35-0416090
022 C000010 2275
022 D000010 0
023 C000000 75346
023 D000000 15943
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
<PAGE> PAGE 5
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1
077 A000000 N
078 000000 N
080 A00AA00 NATIONAL UNION FIRE INSURANCE COMPANY
080 C00AA00 2575
081 A00AA00 Y
081 B00AA00 7
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 430
<PAGE> PAGE 6
028 A020100 0
028 A030100 0
028 A040100 22
028 B010100 498
028 B020100 0
028 B030100 0
028 B040100 426
028 C010100 501
028 C020100 0
028 C030100 0
028 C040100 12
028 D010100 826
028 D020100 0
028 D030100 0
028 D040100 3
028 E010100 679
028 E020100 0
028 E030100 0
028 E040100 29
028 F010100 693
028 F020100 0
028 F030100 0
028 F040100 92
028 G010100 3627
028 G020100 0
028 G030100 0
028 G040100 584
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.00
048 A010100 200
048 A020100 0.500
048 B010100 200
048 B020100 0.450
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
<PAGE> PAGE 7
048 J020100 0.000
048 K010100 400
048 K020100 0.400
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
<PAGE> PAGE 8
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 8228
071 B000100 5384
071 C000100 14628
071 D000100 37
072 A000100 6
072 B000100 108
072 C000100 163
072 D000100 0
072 E000100 0
072 F000100 45
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 3
072 K000100 0
072 L000100 1
072 M000100 1
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 5
072 R000100 0
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 5
<PAGE> PAGE 9
072 X000100 60
072 Y000100 10
072 Z000100 221
072AA000100 1102
072BB000100 0
072CC010100 0
072CC020100 176
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 107
074 B000100 0
074 C000100 3553
074 D000100 784
074 E000100 2395
074 F000100 13579
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 72
074 M000100 0
074 N000100 20490
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 5
074 S000100 0
074 T000100 20485
074 U010100 1564
074 U020100 0
074 V010100 13.10
074 V020100 0.00
074 W000100 0.0000
074 X000100 2
074 Y000100 0
075 A000100 0
075 B000100 18082
076 000100 0.00
028 A010300 107
028 A020300 17
028 A030300 0
028 A040300 6
<PAGE> PAGE 10
028 B010300 35
028 B020300 16
028 B030300 0
028 B040300 34
028 C010300 59
028 C020300 16
028 C030300 0
028 C040300 73
028 D010300 133
028 D020300 17
028 D030300 0
028 D040300 214
028 E010300 121
028 E020300 17
028 E030300 0
028 E040300 237
028 F010300 155
028 F020300 16
028 F030300 0
028 F040300 4
028 G010300 610
028 G020300 99
028 G030300 0
028 G040300 568
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.00
048 A010300 200
048 A020300 0.300
048 B010300 200
048 B020300 0.275
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 400
048 K020300 0.250
<PAGE> PAGE 11
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 15.1
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 2.0
062 M000300 0.0
062 N000300 9.1
062 O000300 0.0
062 P000300 73.8
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 12.4
064 A000300 N
066 A000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 Y
070 K020300 N
<PAGE> PAGE 12
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 N
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 445
071 B000300 627
071 C000300 2883
071 D000300 15
072 A000300 6
072 B000300 129
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 5
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 2
072 K000300 0
072 L000300 1
072 M000300 0
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 1
072 R000300 0
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 3
072 X000300 12
072 Y000300 3
072 Z000300 120
072AA000300 12
072BB000300 0
072CC010300 0
072CC020300 74
072DD010300 120
072DD020300 0
072EE000300 0
<PAGE> PAGE 13
073 A010300 0.3638
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 15
074 B000300 0
074 C000300 498
074 D000300 2723
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 54
074 M000300 0
074 N000300 3290
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 3
074 S000300 0
074 T000300 3287
074 U010300 336
074 U020300 0
074 V010300 9.79
074 V020300 0.00
074 W000300 0.0000
074 X000300 3
074 Y000300 0
075 A000300 0
075 B000300 3253
076 000300 0.00
028 A010400 154
028 A020400 30
028 A030400 0
028 A040400 18
028 B010400 153
028 B020400 30
028 B030400 0
028 B040400 381
028 C010400 132
028 C020400 30
028 C030400 0
028 C040400 14
028 D010400 192
028 D020400 34
<PAGE> PAGE 14
028 D030400 0
028 D040400 231
028 E010400 116
028 E020400 34
028 E030400 0
028 E040400 170
028 F010400 167
028 F020400 32
028 F030400 0
028 F040400 6
028 G010400 914
028 G020400 190
028 G030400 0
028 G040400 820
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.00
048 A010400 200
048 A020400 0.500
048 B010400 200
048 B020400 0.450
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 400
048 K020400 0.400
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
062 A000400 Y
062 B000400 0.0
062 C000400 7.8
<PAGE> PAGE 15
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 4.9
062 J000400 0.0
062 K000400 0.0
062 L000400 -6.2
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 93.5
062 Q000400 0.0
062 R000400 0.0
063 A000400 0
063 B000400 8.9
064 A000400 N
066 A000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
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 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 N
070 P020400 N
<PAGE> PAGE 16
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 1134
071 B000400 532
071 C000400 4339
071 D000400 12
072 A000400 6
072 B000400 224
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 12
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 2
072 K000400 0
072 L000400 1
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 1
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 4
072 X000400 20
072 Y000400 7
072 Z000400 211
072AA000400 52
072BB000400 0
072CC010400 0
072CC020400 27
072DD010400 211
072DD020400 0
072EE000400 0
073 A010400 0.4198
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 14
074 B000400 0
074 C000400 650
074 D000400 4788
074 E000400 0
074 F000400 0
<PAGE> PAGE 17
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 117
074 M000400 0
074 N000400 5569
074 O000400 448
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 3
074 S000400 0
074 T000400 5118
074 U010400 526
074 U020400 0
074 V010400 9.73
074 V020400 0.00
074 W000400 0.0000
074 X000400 3
074 Y000400 0
075 A000400 0
075 B000400 4952
076 000400 0.00
028 A010500 523
028 A020500 0
028 A030500 0
028 A040500 16
028 B010500 992
028 B020500 0
028 B030500 0
028 B040500 25
028 C010500 459
028 C020500 0
028 C030500 0
028 C040500 135
028 D010500 748
028 D020500 0
028 D030500 0
028 D040500 11
028 E010500 732
028 E020500 0
028 E030500 0
028 E040500 35
028 F010500 604
028 F020500 0
028 F030500 0
028 F040500 70
<PAGE> PAGE 18
028 G010500 4058
028 G020500 0
028 G030500 0
028 G040500 292
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.00
048 A010500 200
048 A020500 0.550
048 B010500 200
048 B020500 0.500
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 400
048 K020500 0.450
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
062 A000500 N
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
<PAGE> PAGE 19
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 Y
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
<PAGE> PAGE 20
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 8007
071 B000500 4866
071 C000500 11434
071 D000500 43
072 A000500 6
072 B000500 219
072 C000500 225
072 D000500 0
072 E000500 0
072 F000500 47
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 3
072 K000500 0
072 L000500 1
072 M000500 1
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 4
072 R000500 0
072 S000500 0
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 5
072 X000500 61
072 Y000500 14
072 Z000500 397
072AA000500 922
072BB000500 0
072CC010500 0
072CC020500 19
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 53
074 B000500 0
074 C000500 5864
074 D000500 2823
074 E000500 5524
074 F000500 5159
074 G000500 0
<PAGE> PAGE 21
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 136
074 M000500 0
074 N000500 19559
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 5
074 S000500 0
074 T000500 19554
074 U010500 1545
074 U020500 0
074 V010500 12.65
074 V020500 0.00
074 W000500 0.0000
074 X000500 2
074 Y000500 0
075 A000500 0
075 B000500 17128
076 000500 0.00
028 A010600 586
028 A020600 4
028 A030600 0
028 A040600 793
028 B010600 629
028 B020600 3
028 B030600 0
028 B040600 585
028 C010600 596
028 C020600 3
028 C030600 0
028 C040600 508
028 D010600 978
028 D020600 4
028 D030600 0
028 D040600 344
028 E010600 604
028 E020600 5
028 E030600 0
028 E040600 717
028 F010600 1065
028 F020600 4
028 F030600 0
028 F040600 1327
028 G010600 4458
<PAGE> PAGE 22
028 G020600 23
028 G030600 0
028 G040600 4274
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.00
048 A010600 200
048 A020600 0.300
048 B010600 200
048 B020600 0.275
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 400
048 K020600 0.250
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
062 A000600 Y
062 B000600 0.0
062 C000600 70.1
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 25.1
062 J000600 0.0
062 K000600 0.0
062 L000600 4.8
062 M000600 0.0
062 N000600 0.0
<PAGE> PAGE 23
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 44
063 B000600 0.0
064 A000600 N
066 A000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 N
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 N
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 N
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 N
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 N
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 6
072 B000600 85
072 C000600 0
<PAGE> PAGE 24
072 D000600 0
072 E000600 0
072 F000600 5
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 2
072 K000600 0
072 L000600 1
072 M000600 0
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 1
072 R000600 0
072 S000600 0
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 4
072 X000600 13
072 Y000600 4
072 Z000600 76
072AA000600 0
072BB000600 0
072CC010600 0
072CC020600 0
072DD010600 76
072DD020600 0
072EE000600 0
073 A010600 0.0236
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 157
074 B000600 0
074 C000600 3205
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 8
074 M000600 0
074 N000600 3370
074 O000600 0
074 P000600 0
074 Q000600 0
<PAGE> PAGE 25
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 4
074 S000600 0
074 T000600 3366
074 U010600 3366
074 U020600 0
074 V010600 1.00
074 V020600 0.00
074 W000600 0.9999
074 X000600 3
074 Y000600 0
075 A000600 3226
075 B000600 0
076 000600 0.00
028 A010700 346
028 A020700 0
028 A030700 0
028 A040700 0
028 B010700 389
028 B020700 0
028 B030700 0
028 B040700 22
028 C010700 438
028 C020700 0
028 C030700 0
028 C040700 50
028 D010700 489
028 D020700 0
028 D030700 0
028 D040700 1
028 E010700 527
028 E020700 0
028 E030700 0
028 E040700 6
028 F010700 542
028 F020700 0
028 F030700 0
028 F040700 9
028 G010700 2731
028 G020700 0
028 G030700 0
028 G040700 88
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.00
048 A010700 200
048 A020700 0.200
<PAGE> PAGE 26
048 B010700 200
048 B020700 0.200
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 400
048 K020700 0.200
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
066 A000700 Y
066 B000700 N
066 C000700 N
066 D000700 N
066 E000700 Y
066 F000700 N
066 G000700 N
067 000700 N
<PAGE> PAGE 27
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 2387
071 B000700 175
071 C000700 7619
071 D000700 2
072 A000700 6
072 B000700 20
072 C000700 78
072 D000700 0
072 E000700 0
072 F000700 8
072 G000700 0
072 H000700 0
<PAGE> PAGE 28
072 I000700 0
072 J000700 3
072 K000700 0
072 L000700 1
072 M000700 1
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 2
072 R000700 0
072 S000700 0
072 T000700 0
072 U000700 0
072 V000700 0
072 W000700 4
072 X000700 19
072 Y000700 0
072 Z000700 79
072AA000700 69
072BB000700 0
072CC010700 644
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 57
074 B000700 0
074 C000700 1047
074 D000700 0
074 E000700 0
074 F000700 8987
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 0
074 L000700 12
074 M000700 0
074 N000700 10103
074 O000700 0
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 4
074 S000700 0
<PAGE> PAGE 29
074 T000700 10099
074 U010700 440
074 U020700 0
074 V010700 22.94
074 V020700 0.00
074 W000700 0.0000
074 X000700 2
074 Y000700 0
075 A000700 0
075 B000700 8388
076 000700 0.00
SIGNATURE KRISTI ROJOHN
TITLE ASST SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> VUL GROWTH COMMON STOCK
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 19251974
<INVESTMENTS-AT-VALUE> 20310470
<RECEIVABLES> 71414
<ASSETS-OTHER> 107724
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20489608
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4448
<TOTAL-LIABILITIES> 4448
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17717542
<SHARES-COMMON-STOCK> 1564064
<SHARES-COMMON-PRIOR> 1323819
<ACCUMULATED-NII-CURRENT> 224073
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1485049
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1058496
<NET-ASSETS> 20485160
<DIVIDEND-INCOME> 162808
<INTEREST-INCOME> 107690
<OTHER-INCOME> 0
<EXPENSES-NET> 49387
<NET-INVESTMENT-INCOME> 221111
<REALIZED-GAINS-CURRENT> 1101534
<APPREC-INCREASE-CURRENT> (176001)
<NET-CHANGE-FROM-OPS> 1146644
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 286628
<NUMBER-OF-SHARES-REDEEMED> 46383
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4189929
<ACCUMULATED-NII-PRIOR> 2962
<ACCUMULATED-GAINS-PRIOR> 383515
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 44798
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 59596
<AVERAGE-NET-ASSETS> 14627769
<PER-SHARE-NAV-BEGIN> 12.31
<PER-SHARE-NII> 0.15
<PER-SHARE-GAIN-APPREC> 0.64
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.10
<EXPENSE-RATIO> .55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> VUL HIGH GRADE BOND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 3139534
<INVESTMENTS-AT-VALUE> 3221005
<RECEIVABLES> 54453
<ASSETS-OTHER> 14847
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3290305
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3409
<TOTAL-LIABILITIES> 3409
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3224655
<SHARES-COMMON-STOCK> 335692
<SHARES-COMMON-PRIOR> 321363
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (19230)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 81471
<NET-ASSETS> 3286896
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 128736
<OTHER-INCOME> 0
<EXPENSES-NET> 8897
<NET-INVESTMENT-INCOME> 119839
<REALIZED-GAINS-CURRENT> 11609
<APPREC-INCREASE-CURRENT> (74117)
<NET-CHANGE-FROM-OPS> 57331
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 119839
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 62102
<NUMBER-OF-SHARES-REDEEMED> 57832
<SHARES-REINVESTED> 10059
<NET-CHANGE-IN-ASSETS> 78500
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (30839)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12067
<AVERAGE-NET-ASSETS> 3253344
<PER-SHARE-NAV-BEGIN> 9.98
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> (0.19)
<PER-SHARE-DIVIDEND> (0.36)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.79
<EXPENSE-RATIO> .55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> VUL HIGH YIELD BOND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 5491307
<INVESTMENTS-AT-VALUE> 5437603
<RECEIVABLES> 117732
<ASSETS-OTHER> 13738
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5569073
<PAYABLE-FOR-SECURITIES> 447599
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3114
<TOTAL-LIABILITIES> 450713
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5112881
<SHARES-COMMON-STOCK> 525854
<SHARES-COMMON-PRIOR> 496603
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 59183
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (53704)
<NET-ASSETS> 5118360
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 224523
<OTHER-INCOME> 0
<EXPENSES-NET> 13459
<NET-INVESTMENT-INCOME> 211064
<REALIZED-GAINS-CURRENT> 52366
<APPREC-INCREASE-CURRENT> (27383)
<NET-CHANGE-FROM-OPS> 236047
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (211064)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 93649
<NUMBER-OF-SHARES-REDEEMED> 83819
<SHARES-REINVESTED> 19421
<NET-CHANGE-IN-ASSETS> 308267
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6817
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12235
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20237
<AVERAGE-NET-ASSETS> 4952286
<PER-SHARE-NAV-BEGIN> 9.69
<PER-SHARE-NII> 0.42
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> (0.42)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.73
<EXPENSE-RATIO> .55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> VUL MANAGED
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 18485533
<INVESTMENTS-AT-VALUE> 19368554
<RECEIVABLES> 136133
<ASSETS-OTHER> 53879
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19558566
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4375
<TOTAL-LIABILITIES> 4375
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17081043
<SHARES-COMMON-STOCK> 1545270
<SHARES-COMMON-PRIOR> 1237511
<ACCUMULATED-NII-CURRENT> 400881
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1189246
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 883021
<NET-ASSETS> 19554191
<DIVIDEND-INCOME> 224827
<INTEREST-INCOME> 219283
<OTHER-INCOME> 0
<EXPENSES-NET> 46642
<NET-INVESTMENT-INCOME> 397468
<REALIZED-GAINS-CURRENT> 921741
<APPREC-INCREASE-CURRENT> (18921)
<NET-CHANGE-FROM-OPS> 1300288
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 331595
<NUMBER-OF-SHARES-REDEEMED> 23836
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5066874
<ACCUMULATED-NII-PRIOR> 3413
<ACCUMULATED-GAINS-PRIOR> 267505
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46642
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 60941
<AVERAGE-NET-ASSETS> 17127955
<PER-SHARE-NAV-BEGIN> 11.71
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 0.66
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.65
<EXPENSE-RATIO> .55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> VUL MONEY MARKET
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 3204508
<INVESTMENTS-AT-VALUE> 3204508
<RECEIVABLES> 7866
<ASSETS-OTHER> 157513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3369887
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3399
<TOTAL-LIABILITIES> 3399
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3366488
<SHARES-COMMON-STOCK> 3366488
<SHARES-COMMON-PRIOR> 3158573
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3366488
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 84657
<OTHER-INCOME> 0
<EXPENSES-NET> 8846
<NET-INVESTMENT-INCOME> 75811
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 75811
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 75811
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4458458
<NUMBER-OF-SHARES-REDEEMED> 4274039
<SHARES-REINVESTED> 23496
<NET-CHANGE-IN-ASSETS> 207915
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4825
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12541
<AVERAGE-NET-ASSETS> 3276452
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.02)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> VUL BLUE CHIP
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 7560770
<INVESTMENTS-AT-VALUE> 10034294
<RECEIVABLES> 11719
<ASSETS-OTHER> 57378
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10103391
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4150
<TOTAL-LIABILITIES> 4150
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7476879
<SHARES-COMMON-STOCK> 440252
<SHARES-COMMON-PRIOR> 321986
<ACCUMULATED-NII-CURRENT> 80239
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 68599
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2473524
<NET-ASSETS> 10099241
<DIVIDEND-INCOME> 78470
<INTEREST-INCOME> 20271
<OTHER-INCOME> 0
<EXPENSES-NET> 19243
<NET-INVESTMENT-INCOME> 79498
<REALIZED-GAINS-CURRENT> 68607
<APPREC-INCREASE-CURRENT> 643560
<NET-CHANGE-FROM-OPS> 791665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 122182
<NUMBER-OF-SHARES-REDEEMED> 3916
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3434437
<ACCUMULATED-NII-PRIOR> 741
<ACCUMULATED-GAINS-PRIOR> (8)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8312
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19243
<AVERAGE-NET-ASSETS> 8387980
<PER-SHARE-NAV-BEGIN> 20.70
<PER-SHARE-NII> 0.21
<PER-SHARE-GAIN-APPREC> 2.03
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 22.94
<EXPENSE-RATIO> .46
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
