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<PAGE> PAGE 2
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<PAGE> PAGE 5
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<PAGE> PAGE 8
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 19
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 39
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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SIGNATURE DONALD O. DEMPSTER
TITLE COMPLIANCE OFFICER
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 561,322
<PAYABLE-FOR-SECURITIES> 421
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 158,605
<TOTAL-LIABILITIES> 159,026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 486,077
<SHARES-COMMON-STOCK> 34,302
<SHARES-COMMON-PRIOR> 64,160
<ACCUMULATED-NII-CURRENT> 53
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12,118
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (95,952)
<NET-ASSETS> 402,296
<DIVIDEND-INCOME> 3,284
<INTEREST-INCOME> 19,422
<OTHER-INCOME> 0
<EXPENSES-NET> 22,653
<NET-INVESTMENT-INCOME> 53
<REALIZED-GAINS-CURRENT> 3,063
<APPREC-INCREASE-CURRENT> (254,046)
<NET-CHANGE-FROM-OPS> (250,930)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3,087)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 405,584
<NUMBER-OF-SHARES-REDEEMED> 821,238
<SHARES-REINVESTED> 2,919
<NET-CHANGE-IN-ASSETS> (661,142)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,171
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 13,675
<INTEREST-EXPENSE> 86
<GROSS-EXPENSE> 22,653
<AVERAGE-NET-ASSETS> 911,665
<PER-SHARE-NAV-BEGIN> 16.57
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> (4.88)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .08
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.61
<EXPENSE-RATIO> 2.48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 041
<NAME> DEVELOPING COUNTRIES
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 29,323
<INVESTMENTS-AT-VALUE> 21,923
<RECEIVABLES> 2,644
<ASSETS-OTHER> 6,014
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,581
<PAYABLE-FOR-SECURITIES> 573
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 502
<TOTAL-LIABILITIES> 1,075
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37,923
<SHARES-COMMON-STOCK> 3,671
<SHARES-COMMON-PRIOR> 5,206
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,018)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (7,399)
<NET-ASSETS> 29,506
<DIVIDEND-INCOME> 659
<INTEREST-INCOME> 558
<OTHER-INCOME> 0
<EXPENSES-NET> 1,344
<NET-INVESTMENT-INCOME> (127)
<REALIZED-GAINS-CURRENT> (275)
<APPREC-INCREASE-CURRENT> (6,680)
<NET-CHANGE-FROM-OPS> (7,082)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (861)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 114,041
<NUMBER-OF-SHARES-REDEEMED> 127,942
<SHARES-REINVESTED> 842
<NET-CHANGE-IN-ASSETS> (20,918)
<ACCUMULATED-NII-PRIOR> 3
<ACCUMULATED-GAINS-PRIOR> 119
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 800
<INTEREST-EXPENSE> 20
<GROSS-EXPENSE> 1,622
<AVERAGE-NET-ASSETS> 64,013
<PER-SHARE-NAV-BEGIN> 9.69
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> (1.45)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.20
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.02
<EXPENSE-RATIO> 2.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 051
<NAME> PARTNERS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 139,533
<INVESTMENTS-AT-VALUE> 165,933
<RECEIVABLES> 2,905
<ASSETS-OTHER> 29,150
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 197,988
<PAYABLE-FOR-SECURITIES> 67
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,787
<TOTAL-LIABILITIES> 2,854
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 164,678
<SHARES-COMMON-STOCK> 11,773
<SHARES-COMMON-PRIOR> 8,719
<ACCUMULATED-NII-CURRENT> 167
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,886
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26,403
<NET-ASSETS> 195,134
<DIVIDEND-INCOME> 1,554
<INTEREST-INCOME> 3,823
<OTHER-INCOME> 0
<EXPENSES-NET> 3,680
<NET-INVESTMENT-INCOME> 1,697
<REALIZED-GAINS-CURRENT> 10,689
<APPREC-INCREASE-CURRENT> 19,202
<NET-CHANGE-FROM-OPS> 31,588
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,526
<DISTRIBUTIONS-OF-GAINS> 7,913
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 283,217
<NUMBER-OF-SHARES-REDEEMED> 247,605
<SHARES-REINVESTED> 9,196
<NET-CHANGE-IN-ASSETS> 67,866
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1,147
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,681
<AVERAGE-NET-ASSETS> 206,445
<PER-SHARE-NAV-BEGIN> 14.60
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 2.52
<PER-SHARE-DIVIDEND> 0.12
<PER-SHARE-DISTRIBUTIONS> 0.64
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.49
<EXPENSE-RATIO> 1.78
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 061
<NAME> GROWTH & INCOME
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 256,581
<INVESTMENTS-AT-VALUE> 293,865
<RECEIVABLES> 13,300
<ASSETS-OTHER> 8,680
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 315,845
<PAYABLE-FOR-SECURITIES> 5,552
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,235
<TOTAL-LIABILITIES> 15,787
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 258,908
<SHARES-COMMON-STOCK> 22,088
<SHARES-COMMON-PRIOR> 22,745
<ACCUMULATED-NII-CURRENT> 652
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,228
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37,270
<NET-ASSETS> 300,058
<DIVIDEND-INCOME> 3,531
<INTEREST-INCOME> 1,686
<OTHER-INCOME> 0
<EXPENSES-NET> 3,874
<NET-INVESTMENT-INCOME> 1,343
<REALIZED-GAINS-CURRENT> 56,065
<APPREC-INCREASE-CURRENT> (1,295)
<NET-CHANGE-FROM-OPS> 56,113
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 686
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 56,382
<NUMBER-OF-SHARES-SOLD> 130,701
<NUMBER-OF-SHARES-REDEEMED> 196,455
<SHARES-REINVESTED> 55,648
<NET-CHANGE-IN-ASSETS> (9,717)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3,761
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,972
<INTEREST-EXPENSE> 123
<GROSS-EXPENSE> 5,110
<AVERAGE-NET-ASSETS> 297,247
<PER-SHARE-NAV-BEGIN> 13.62
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> 2.90
<PER-SHARE-DIVIDEND> .04
<PER-SHARE-DISTRIBUTIONS> 3.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.52
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 071
<NAME> INFORMATION AGE
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 104,218
<INVESTMENTS-AT-VALUE> 117,614
<RECEIVABLES> 4,035
<ASSETS-OTHER> 1,510
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 123,159
<PAYABLE-FOR-SECURITIES> 1,495
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,753
<TOTAL-LIABILITIES> 4,248
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 113,833
<SHARES-COMMON-STOCK> 10,069
<SHARES-COMMON-PRIOR> 3,531
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,318)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,396
<NET-ASSETS> 118,911
<DIVIDEND-INCOME> 95
<INTEREST-INCOME> 40
<OTHER-INCOME> 0
<EXPENSES-NET> 2,246
<NET-INVESTMENT-INCOME> (2,111)
<REALIZED-GAINS-CURRENT> (6,024)
<APPREC-INCREASE-CURRENT> 8,110
<NET-CHANGE-FROM-OPS> (25)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 4,383
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 335,204
<NUMBER-OF-SHARES-REDEEMED> 322,525
<SHARES-REINVESTED> 4,278
<NET-CHANGE-IN-ASSETS> 12,647
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,091
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,235
<INTEREST-EXPENSE> 35
<GROSS-EXPENSE> 2,246
<AVERAGE-NET-ASSETS> 123,482
<PER-SHARE-NAV-BEGIN> 11.51
<PER-SHARE-NII> (0.22)
<PER-SHARE-GAIN-APPREC> 0.95
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.44
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.80
<EXPENSE-RATIO> 1.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 081
<NAME> GLOBAL LOW PRICED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 15,346
<INVESTMENTS-AT-VALUE> 14,615
<RECEIVABLES> 603
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,230
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,808
<TOTAL-LIABILITIES> 1,808
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,720
<SHARES-COMMON-STOCK> 1,197
<SHARES-COMMON-PRIOR> 2,326
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,538)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (760)
<NET-ASSETS> 13,422
<DIVIDEND-INCOME> 74
<INTEREST-INCOME> 134
<OTHER-INCOME> 0
<EXPENSES-NET> 523
<NET-INVESTMENT-INCOME> (315)
<REALIZED-GAINS-CURRENT> (975)
<APPREC-INCREASE-CURRENT> (1,653)
<NET-CHANGE-FROM-OPS> (2,943)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (777)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,418
<NUMBER-OF-SHARES-REDEEMED> 47,520
<SHARES-REINVESTED> 741
<NET-CHANGE-IN-ASSETS> (18,019)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 218
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 268
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 697
<AVERAGE-NET-ASSETS> 26,830
<PER-SHARE-NAV-BEGIN> 13.52
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> (1.63)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.56
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.17
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 091
<NAME> GLOBAL NATURAL RESOURCES
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 85,416
<INVESTMENTS-AT-VALUE> 74,145
<RECEIVABLES> 7,263
<ASSETS-OTHER> 22
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 81,430
<PAYABLE-FOR-SECURITIES> 1,734
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,296
<TOTAL-LIABILITIES> 3,030
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89,558
<SHARES-COMMON-STOCK> 6,717
<SHARES-COMMON-PRIOR> 8,436
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 113
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (11,271)
<NET-ASSETS> 78,400
<DIVIDEND-INCOME> 512
<INTEREST-INCOME> 1,553
<OTHER-INCOME> 0
<EXPENSES-NET> 2,607
<NET-INVESTMENT-INCOME> (542)
<REALIZED-GAINS-CURRENT> 1,422
<APPREC-INCREASE-CURRENT> (23,435)
<NET-CHANGE-FROM-OPS> (22,556)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1,426
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 156,745
<NUMBER-OF-SHARES-REDEEMED> 176,232
<SHARES-REINVESTED> 1,313
<NET-CHANGE-IN-ASSETS> (42,120)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 118
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,439
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,616
<AVERAGE-NET-ASSETS> 143,892
<PER-SHARE-NAV-BEGIN> 14.29
<PER-SHARE-NII> (0.053)
<PER-SHARE-GAIN-APPREC> (2.390)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.18
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.67
<EXPENSE-RATIO> 1.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 101
<NAME> DIVERSIFIED GROWTH
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 71,748
<INVESTMENTS-AT-VALUE> 78,029
<RECEIVABLES> 6,901
<ASSETS-OTHER> 4,848
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 89,778
<PAYABLE-FOR-SECURITIES> 3,959
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5,165
<TOTAL-LIABILITIES> 9,124
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 72,751
<SHARES-COMMON-STOCK> 5,712
<SHARES-COMMON-PRIOR> 4,799
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,217
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,686
<NET-ASSETS> 80,654
<DIVIDEND-INCOME> 313
<INTEREST-INCOME> 170
<OTHER-INCOME> 0
<EXPENSES-NET> 1,257
<NET-INVESTMENT-INCOME> (774)
<REALIZED-GAINS-CURRENT> 11,916
<APPREC-INCREASE-CURRENT> (334)
<NET-CHANGE-FROM-OPS> 10,808
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 10,204
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 127,513
<NUMBER-OF-SHARES-REDEEMED> 117,220
<SHARES-REINVESTED> 9,789
<NET-CHANGE-IN-ASSETS> 21,066
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 647
<INTEREST-EXPENSE> 38
<GROSS-EXPENSE> 1,384
<AVERAGE-NET-ASSETS> 64,609
<PER-SHARE-NAV-BEGIN> 12.42
<PER-SHARE-NII> (0.17)
<PER-SHARE-GAIN-APPREC> 3.72
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.93)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.04
<EXPENSE-RATIO> 1.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 111
<NAME> MICROCAP GROWTH
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 82,038
<INVESTMENTS-AT-VALUE> 84,758
<RECEIVABLES> 2,793
<ASSETS-OTHER> 23,996
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 111,547
<PAYABLE-FOR-SECURITIES> 4,505
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 780
<TOTAL-LIABILITIES> 5,285
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106,791
<SHARES-COMMON-STOCK> 7,307
<SHARES-COMMON-PRIOR> 860
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,249)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,720
<NET-ASSETS> 106,262
<DIVIDEND-INCOME> 7
<INTEREST-INCOME> 249
<OTHER-INCOME> 0
<EXPENSES-NET> 830
<NET-INVESTMENT-INCOME> (574)
<REALIZED-GAINS-CURRENT> (3,122)
<APPREC-INCREASE-CURRENT> 2,103
<NET-CHANGE-FROM-OPS> (1,593)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 249,080
<NUMBER-OF-SHARES-REDEEMED> 152,209
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 97,798
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (127)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 530
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,104
<AVERAGE-NET-ASSETS> 42,416
<PER-SHARE-NAV-BEGIN> 11.00
<PER-SHARE-NII> (.19)
<PER-SHARE-GAIN-APPREC> 3.54
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.35
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 121
<NAME> GLOBAL VALUE
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> APR-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 13,925
<INVESTMENTS-AT-VALUE> 15,098
<RECEIVABLES> 868
<ASSETS-OTHER> 9,387
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25,353
<PAYABLE-FOR-SECURITIES> 3,989
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 152
<TOTAL-LIABILITIES> 4,141
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,744
<SHARES-COMMON-STOCK> 1,886
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 27
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 274
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,167
<NET-ASSETS> 21,212
<DIVIDEND-INCOME> 456
<INTEREST-INCOME> 246
<OTHER-INCOME> 0
<EXPENSES-NET> 255
<NET-INVESTMENT-INCOME> 447
<REALIZED-GAINS-CURRENT> 1,406
<APPREC-INCREASE-CURRENT> 1,167
<NET-CHANGE-FROM-OPS> 3,020
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 418
<DISTRIBUTIONS-OF-GAINS> 1,123
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 28,682
<NUMBER-OF-SHARES-REDEEMED> 10,515
<SHARES-REINVESTED> 1,440
<NET-CHANGE-IN-ASSETS> 21,212
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 130
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 419
<AVERAGE-NET-ASSETS> 13,002
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 1.69
<PER-SHARE-DIVIDEND> 0.22
<PER-SHARE-DISTRIBUTIONS> 0.60
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.15
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 013
<NAME> EMERGING GROWTH
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> MAY-08-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 218,097
<INVESTMENTS-AT-VALUE> 235,364
<RECEIVABLES> 893
<ASSETS-OTHER> 23,333
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 259,590
<PAYABLE-FOR-SECURITIES> 9,319
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 10,530
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 232,064
<SHARES-COMMON-STOCK> 18
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (271)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,267
<NET-ASSETS> 249,060
<DIVIDEND-INCOME> 175
<INTEREST-INCOME> 1,691
<OTHER-INCOME> 0
<EXPENSES-NET> 3,406
<NET-INVESTMENT-INCOME> (1,540)
<REALIZED-GAINS-CURRENT> 51,023
<APPREC-INCREASE-CURRENT> (10,596)
<NET-CHANGE-FROM-OPS> 38,887
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 66
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 354
<NUMBER-OF-SHARES-REDEEMED> 23
<SHARES-REINVESTED> 63
<NET-CHANGE-IN-ASSETS> 38,656
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,278
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,406
<AVERAGE-NET-ASSETS> 227,762
<PER-SHARE-NAV-BEGIN> 18.86
<PER-SHARE-NII> (.23)
<PER-SHARE-GAIN-APPREC> 4.86
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 5.02
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.47
<EXPENSE-RATIO> 2.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 023
<NAME> VALUE & GROWTH
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> MAY-28-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 640,705
<INVESTMENTS-AT-VALUE> 755,223
<RECEIVABLES> 17,636
<ASSETS-OTHER> 3,590
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 770,449
<PAYABLE-FOR-SECURITIES> 16,541
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5,668
<TOTAL-LIABILITIES> 22,209
<SENIOR-EQUITY> 610,040
<PAID-IN-CAPITAL-COMMON> 32,483
<SHARES-COMMON-STOCK> 54
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 29,682
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 114,518
<NET-ASSETS> 754,240
<DIVIDEND-INCOME> 3,387
<INTEREST-INCOME> 227
<OTHER-INCOME> 0
<EXPENSES-NET> 10,798
<NET-INVESTMENT-INCOME> (7,184)
<REALIZED-GAINS-CURRENT> 146,756
<APPREC-INCREASE-CURRENT> (66,096)
<NET-CHANGE-FROM-OPS> 73,476
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 240
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,990
<NUMBER-OF-SHARES-REDEEMED> 611
<SHARES-REINVESTED> 228
<NET-CHANGE-IN-ASSETS> 111,083
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7,509
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 343
<PER-SHARE-NAV-BEGIN> 27.71
<PER-SHARE-NII> (.24)
<PER-SHARE-GAIN-APPREC> (.06)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 4.43
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 22.98
<EXPENSE-RATIO> 2.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 033
<NAME> CONTRARIAN
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> APR-14-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 433,606
<INVESTMENTS-AT-VALUE> 311,583
<RECEIVABLES> 143,050
<ASSETS-OTHER> 106,689
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 561,322
<PAYABLE-FOR-SECURITIES> 421
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 158,605
<TOTAL-LIABILITIES> 159,026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 486,077
<SHARES-COMMON-STOCK> 351
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 53
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 12,118
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (95,952)
<NET-ASSETS> 402,296
<DIVIDEND-INCOME> 3,284
<INTEREST-INCOME> 19,422
<OTHER-INCOME> 0
<EXPENSES-NET> 22,653
<NET-INVESTMENT-INCOME> 53
<REALIZED-GAINS-CURRENT> 3,063
<APPREC-INCREASE-CURRENT> (254,046)
<NET-CHANGE-FROM-OPS> (250,930)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (28)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,482
<NUMBER-OF-SHARES-REDEEMED> 872
<SHARES-REINVESTED> 27
<NET-CHANGE-IN-ASSETS> (661,142)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,171
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 13,675
<INTEREST-EXPENSE> 86
<GROSS-EXPENSE> 22,653
<AVERAGE-NET-ASSETS> 911,665
<PER-SHARE-NAV-BEGIN> 16.26
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> (4.61)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.08
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.54
<EXPENSE-RATIO> 2.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 043
<NAME> DEVELOPING COUNTRIES
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> MAY-08-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 29,323
<INVESTMENTS-AT-VALUE> 21,923
<RECEIVABLES> 2,644
<ASSETS-OTHER> 6,014
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,581
<PAYABLE-FOR-SECURITIES> 573
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 502
<TOTAL-LIABILITIES> 1,075
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37,923
<SHARES-COMMON-STOCK> 9
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,018)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (7,399)
<NET-ASSETS> 75
<DIVIDEND-INCOME> 659
<INTEREST-INCOME> 558
<OTHER-INCOME> 0
<EXPENSES-NET> 1,344
<NET-INVESTMENT-INCOME> (127)
<REALIZED-GAINS-CURRENT> (275)
<APPREC-INCREASE-CURRENT> (6,680)
<NET-CHANGE-FROM-OPS> (7,082)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 127
<NUMBER-OF-SHARES-REDEEMED> 42
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> (20,918)
<ACCUMULATED-NII-PRIOR> 3
<ACCUMULATED-GAINS-PRIOR> 119
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 800
<INTEREST-EXPENSE> 20
<GROSS-EXPENSE> 1,622
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 9.57
<PER-SHARE-NII> (0.14)
<PER-SHARE-GAIN-APPREC> (1.30)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.20
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.93
<EXPENSE-RATIO> 2.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 053
<NAME> PARTNERS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> APR-14-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 139,533
<INVESTMENTS-AT-VALUE> 165,933
<RECEIVABLES> 2,905
<ASSETS-OTHER> 29,150
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 197,988
<PAYABLE-FOR-SECURITIES> 67
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,787
<TOTAL-LIABILITIES> 2,854
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 164,678
<SHARES-COMMON-STOCK> 61
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,886
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26,403
<NET-ASSETS> 195,134
<DIVIDEND-INCOME> 1,554
<INTEREST-INCOME> 3,823
<OTHER-INCOME> 0
<EXPENSES-NET> 3,680
<NET-INVESTMENT-INCOME> 1,697
<REALIZED-GAINS-CURRENT> 10,689
<APPREC-INCREASE-CURRENT> 19,202
<NET-CHANGE-FROM-OPS> 31,588
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4
<DISTRIBUTIONS-OF-GAINS> 38
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,113
<NUMBER-OF-SHARES-REDEEMED> 203
<SHARES-REINVESTED> 42
<NET-CHANGE-IN-ASSETS> 67,866
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1,147
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,681
<AVERAGE-NET-ASSETS> 206,445
<PER-SHARE-NAV-BEGIN> 14.49
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 2.62
<PER-SHARE-DIVIDEND> .07
<PER-SHARE-DISTRIBUTIONS> .64
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.40
<EXPENSE-RATIO> 2.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 063
<NAME> GROWTH & INCOME
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> MAY-09-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 256,581
<INVESTMENTS-AT-VALUE> 293,865
<RECEIVABLES> 13,300
<ASSETS-OTHER> 8,680
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 315,845
<PAYABLE-FOR-SECURITIES> 5,552
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,235
<TOTAL-LIABILITIES> 15,787
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 258,908
<SHARES-COMMON-STOCK> 102
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 652
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,228
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37,270
<NET-ASSETS> 300,058
<DIVIDEND-INCOME> 3,531
<INTEREST-INCOME> 1,686
<OTHER-INCOME> 0
<EXPENSES-NET> 3,874
<NET-INVESTMENT-INCOME> 1,343
<REALIZED-GAINS-CURRENT> 56,065
<APPREC-INCREASE-CURRENT> (1,295)
<NET-CHANGE-FROM-OPS> 56,113
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5
<DISTRIBUTIONS-OF-GAINS> 216
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,413
<NUMBER-OF-SHARES-REDEEMED> 64
<SHARES-REINVESTED> 217
<NET-CHANGE-IN-ASSETS> (9,717)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 3,761
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,972
<INTEREST-EXPENSE> 123
<GROSS-EXPENSE> 5,110
<AVERAGE-NET-ASSETS> 297,247
<PER-SHARE-NAV-BEGIN> 13.73
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 2.73
<PER-SHARE-DIVIDEND> 0.04
<PER-SHARE-DISTRIBUTIONS> 3.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.36
<EXPENSE-RATIO> 2.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 073
<NAME> INFORMATION AGE
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JUL-11-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 104,218
<INVESTMENTS-AT-VALUE> 117,614
<RECEIVABLES> 4,035
<ASSETS-OTHER> 1,510
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 123,159
<PAYABLE-FOR-SECURITIES> 1,495
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,753
<TOTAL-LIABILITIES> 4,248
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 113,833
<SHARES-COMMON-STOCK> 7
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,318)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,396
<NET-ASSETS> 118,911
<DIVIDEND-INCOME> 95
<INTEREST-INCOME> 40
<OTHER-INCOME> 0
<EXPENSES-NET> 2,246
<NET-INVESTMENT-INCOME> (2,111)
<REALIZED-GAINS-CURRENT> (6,024)
<APPREC-INCREASE-CURRENT> 8,110
<NET-CHANGE-FROM-OPS> (25)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 3
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 116
<NUMBER-OF-SHARES-REDEEMED> 18
<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> 12,647
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,091
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,235
<INTEREST-EXPENSE> 35
<GROSS-EXPENSE> 2,246
<AVERAGE-NET-ASSETS> 123,482
<PER-SHARE-NAV-BEGIN> 13.36
<PER-SHARE-NII> (.20)
<PER-SHARE-GAIN-APPREC> (1.05)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> .44
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.67
<EXPENSE-RATIO> 2.57
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 082
<NAME> GLOBAL LOW-PRICED STOCK
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> MAY-20-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 15,346
<INVESTMENTS-AT-VALUE> 14,615
<RECEIVABLES> 603
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,230
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,808
<TOTAL-LIABILITIES> 1,808
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,720
<SHARES-COMMON-STOCK> 5
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,538)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (760)
<NET-ASSETS> 0
<DIVIDEND-INCOME> 74
<INTEREST-INCOME> 134
<OTHER-INCOME> 0
<EXPENSES-NET> 523
<NET-INVESTMENT-INCOME> (315)
<REALIZED-GAINS-CURRENT> (975)
<APPREC-INCREASE-CURRENT> (1,653)
<NET-CHANGE-FROM-OPS> (2,943)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (3)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 78
<NUMBER-OF-SHARES-REDEEMED> 15
<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> 5
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 218
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 268
<INTEREST-EXPENSE> 3
<GROSS-EXPENSE> 697
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 13.45
<PER-SHARE-NII> (0.16)
<PER-SHARE-GAIN-APPREC> (1.69)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.56
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.04
<EXPENSE-RATIO> 2.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 093
<NAME> GLOBAL NATURAL RESOURCES
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> OTHER
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JUN-30-1997
<PERIOD-END> DEC-31-1997
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<PAGE>
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<NAME> DIVERSIFIED GROWTH
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<S> <C>
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<PAGE>
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<NAME> MICROCAP GROWTH
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<S> <C>
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<PAGE>
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<S> <C>
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