G T INVESTMENT FUNDS INC
NSAR-A, 1996-06-28
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<PAGE>      PAGE  1
000 A000000 04/30/96
000 C000000 0000826644
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 G. T. INVESTMENT FUNDS, INC.
001 B000000 811-5426
001 C000000 4153926181
002 A000000 50 CALIFORNIA STREET, 27TH FLOOR
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94111
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000 12
007 C010100  1
007 C020100 GT GLOBAL STRATEGIC INCOME FUND
007 C030100 N
007 C010200  2
007 C020200 GT GLOBAL GOVERNMENT INCOME FUND
007 C030200 N
007 C010300  3
007 C020300 GT GLOBAL HEALTH CARE FUND
007 C030300 N
007 C010400  4
007 C020400 GT GLOBAL GROWTH & INCOME FUND
007 C030400 N
007 C010500  5
007 C020500 GT GLOBAL LATIN AMERICA GROWTH FUND
007 C030500 N
007 C010600  6
007 C020600 GT GLOBAL TELECOMMUNICATIONS FUND
007 C030600 N
007 C010700  7
007 C020700 GT GLOBAL EMERGING MARKETS FUND
007 C030700 N
007 C010800  8
007 C020800 GT GLOBAL HIGH INCOME FUND
007 C030800 N
007 C010900  9
007 C020900 GT GLOBAL FINANCIAL SERVICES FUND
007 C030900 N
007 C011000 10
007 C021000 GT GLOBAL INFRASTRUCTURE FUND
<PAGE>      PAGE  2
007 C031000 N
007 C011100 11
007 C021100 GT GLOBAL NATURAL RESOURCES FUND
007 C031100 N
007 C011200 12
007 C021200 GT GLOBAL CONSUMER PRODUCTS & SERVICES FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 LGT ASSET MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-10254
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94111
010 A00AA01 LGT ASSET MANAGEMENT, INC.
010 B00AA01 801-10254
010 C01AA01 SAN FRANCISCO
010 C02AA01 CA
010 C03AA01 94111
011 A00AA01 GT GLOBAL, INC.
011 B00AA01 8-37656
011 C01AA01 SAN FRANCISCO
011 C02AA01 CA
011 C03AA01 94111
012 A00AA01 G.T. GLOBAL INVESTOR SERVICES, INC.
012 B00AA01 84-1848
012 C01AA01 WALNUT CREEK
012 C02AA01 CA
012 C03AA01 94596
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
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019 C00AA00 GTGLOBALXX
020 A000001 INSTINET
<PAGE>      PAGE  3
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020 A000006 JAMES CAPEL
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020 A000007 GOLDMAN, SACHS & CO.
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020 A000008 ALLIED SECURITIES
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020 A000009 FLEMING MARTIN
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020 A000010 CS FIRST BOSTON
020 C000010     78
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022 D000001      6575
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022 A000003 GOLDMAN, SACHS & CO.
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022 D000003    336960
022 A000004 NATWEST SECURITIES
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022 A000005 BANK OF AMERICA
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022 D000005         0
022 A000006 MORGAN STANLEY
022 C000006    101442
022 D000006    177917
022 A000007 MERRILL, LYNCH, PIERCE, FENNER & SMITH INC.
022 C000007    190461
022 D000007     67623
022 A000008 SALOMON BROTHERS
022 C000008     79760
022 D000008     60003
022 A000009 CITIBANK
022 C000009     44416
022 D000009     64171
022 A000010 SWISS BANK CORP.
022 C000010     39920
022 D000010     66053
023 C000000   18375242
<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
050  000200 N
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054 A000200 Y
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054 E000200 N
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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
053 C000300 N
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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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<PAGE>      PAGE  20
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<PAGE>      PAGE  21
049  000400 N
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054 K000400 N
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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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  36
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<PAGE>      PAGE  37
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<PAGE>      PAGE  38
072 R000700       42
072 S000700       13
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072 Y000700      387
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074 A000700     7641
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074 D000700      460
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074 H000700        0
074 I000700     3515
074 J000700     9651
074 K000700        0
074 L000700     4727
074 M000700    19991
074 N000700   578827
074 O000700     1417
074 P000700      577
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700    32906
074 S000700        0
074 T000700   543927
074 U010700    18458
074 U020700    17309
074 V010700    15.25
074 V020700    15.02
074 W000700   0.0000
074 X000700    73890
074 Y000700        0
075 A000700        0
<PAGE>      PAGE  39
075 B000700   508887
076  000700     0.00
024  000800 N
028 A010800     22677
028 A020800      1309
028 A030800         0
028 A040800     31626
028 B010800     18860
028 B020800      1766
028 B030800         0
028 B040800     23970
028 C010800     64778
028 C020800      1522
028 C030800         0
028 C040800     43119
028 D010800     39513
028 D020800      1606
028 D030800         0
028 D040800     51123
028 E010800     41619
028 E020800      1501
028 E030800         0
028 E040800     44090
028 F010800     39508
028 F020800      1493
028 F030800         0
028 F040800     41735
028 G010800    226955
028 G020800      9197
028 G030800         0
028 G040800    235663
028 H000800      6985
029  000800 Y
030 A000800     84
030 B000800  4.75
030 C000800  0.00
031 A000800     31
031 B000800      0
032  000800     53
033  000800      0
034  000800 Y
035  000800    667
036 A000800 Y
036 B000800      0
042 A000800   0
042 B000800   0
042 C000800 100
042 D000800   0
042 E000800   0
042 F000800   0
042 G000800   0
<PAGE>      PAGE  40
042 H000800   0
043  000800   1403
044  000800      0
045  000800 N
048  000800  0.000
048 A010800        0
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048 B010800        0
048 B020800 0.000
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048 H020800 0.000
048 I010800        0
048 I020800 0.000
048 J010800        0
048 J020800 0.000
048 K010800        0
048 K020800 0.000
055 A000800 Y
055 B000800 Y
056  000800 Y
057  000800 N
058 A000800 N
058 B000800 N
058 C000800 N
058 D000800 N
058 E000800 N
059  000800 Y
060 A000800 N
060 B000800 N
061  000800      500
062 A000800 N
062 B000800   0.0
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   0.0
062 J000800   0.0
062 K000800   0.0
<PAGE>      PAGE  41
062 L000800   0.0
062 M000800   0.0
062 N000800   0.0
062 O000800   0.0
062 P000800   0.0
062 Q000800   0.0
062 R000800   0.0
066 A000800 N
067  000800 N
068 A000800 N
068 B000800 Y
069  000800 N
070 A010800 N
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800         0
071 B000800         0
071 C000800         0
<PAGE>      PAGE  42
071 D000800    0
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072 G000800      477
072 H000800        0
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072 J000800        0
072 K000800        0
072 L000800      101
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072 N000800       25
072 O000800        0
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072 Q000800       48
072 R000800       27
072 S000800       13
072 T000800     1403
072 U000800       15
072 V000800        0
072 W000800     1589
072 X000800     4178
072 Y000800        0
072 Z000800    20130
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072BB000800        0
072CC010800     6716
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072DD010800     7370
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072EE000800        0
073 A010800   0.6100
073 A020800   0.5700
073 B000800   0.0000
073 C000800   0.0000
074 A000800        0
074 B000800        0
074 C000800        0
074 D000800        0
074 E000800        0
074 F000800        0
074 G000800        0
074 H000800        0
074 I000800   396602
074 J000800        0
074 K000800        0
074 L000800     1082
074 M000800       46
<PAGE>      PAGE  43
074 N000800   397730
074 O000800        0
074 P000800      139
074 Q000800        0
074 R010800        0
074 R020800        0
074 R030800        0
074 R040800     2615
074 S000800        0
074 T000800   394976
074 U010800    11934
074 U020800    18311
074 V010800    12.95
074 V020800    12.94
074 W000800   0.0000
074 X000800    22642
074 Y000800        0
075 A000800        0
075 B000800   381800
076  000800     0.00
024  000900 N
028 A010900      1396
028 A020900         0
028 A030900         0
028 A040900       585
028 B010900      3303
028 B020900        87
028 B030900         0
028 B040900      1230
028 C010900      1840
028 C020900         0
028 C030900         0
028 C040900      1420
028 D010900      2250
028 D020900         0
028 D030900         0
028 D040900      2592
028 E010900       816
028 E020900         0
028 E030900         0
028 E040900      1582
028 F010900       586
028 F020900         0
028 F030900         0
028 F040900       955
028 G010900     10191
028 G020900        87
028 G030900         0
028 G040900      8364
028 H000900       477
029  000900 Y
<PAGE>      PAGE  44
030 A000900     11
030 B000900  4.75
030 C000900  0.00
031 A000900      2
031 B000900      0
032  000900      9
033  000900      0
034  000900 Y
035  000900     13
036 A000900 Y
036 B000900      0
042 A000900   0
042 B000900   0
042 C000900 100
042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
042 H000900   0
043  000900     50
044  000900      0
045  000900 N
048  000900  0.000
048 A010900        0
048 A020900 0.000
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048 B020900 0.000
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048 E020900 0.000
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048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
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048 K020900 0.000
055 A000900 Y
055 B000900 N
056  000900 Y
057  000900 N
058 A000900 N
058 B000900 N
<PAGE>      PAGE  45
058 C000900 N
058 D000900 N
058 E000900 N
059  000900 Y
060 A000900 Y
060 B000900 Y
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062 C000900   0.0
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062 E000900   0.0
062 F000900   0.0
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062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900   0.0
062 N000900   0.0
062 O000900   0.0
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
066 A000900 Y
066 C000900 Y
067  000900 N
068 A000900 N
068 B000900 Y
069  000900 N
070 A010900 N
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 N
070 J020900 N
<PAGE>      PAGE  46
070 K010900 Y
070 K020900 Y
070 L010900 N
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 N
070 N020900 N
070 O010900 N
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900         0
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071 C000900         0
071 D000900    0
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072 L000900       21
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072 S000900       13
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072 U000900        6
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072 X000900      273
072 Y000900      105
072 Z000900       63
072AA000900      513
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072CC010900     1119
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<PAGE>      PAGE  47
072DD020900       43
072EE000900        5
073 A010900   0.1200
073 A020900   0.0900
073 B000900   0.0100
073 C000900   0.0000
074 A000900        0
074 B000900        0
074 C000900        0
074 D000900        0
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900    13684
074 J000900        0
074 K000900       90
074 L000900       60
074 M000900       39
074 N000900    13873
074 O000900        0
074 P000900       27
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900       82
074 S000900        0
074 T000900    13764
074 U010900      442
074 U020900      574
074 V010900    13.55
074 V020900    13.46
074 W000900   0.0000
074 X000900     1764
074 Y000900        0
075 A000900        0
075 B000900    13250
076  000900     0.00
024  001000 N
028 A011000      1372
028 A021000         0
028 A031000         0
028 A041000      5106
028 B011000      1492
028 B021000         0
028 B031000         0
028 B041000      4127
028 C011000      2847
028 C021000         0
028 C031000         0
<PAGE>      PAGE  48
028 C041000      4427
028 D011000      2550
028 D021000         0
028 D031000         0
028 D041000      4392
028 E011000       795
028 E021000         0
028 E031000         0
028 E041000      2417
028 F011000      5023
028 F021000         0
028 F031000         0
028 F041000      3859
028 G011000     14079
028 G021000         0
028 G031000         0
028 G041000     24328
028 H001000      1882
029  001000 Y
030 A001000     46
030 B001000  4.75
030 C001000  0.00
031 A001000      9
031 B001000      0
032  001000     37
033  001000      0
034  001000 Y
035  001000    140
036 A001000 Y
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042 A001000   0
042 B001000   0
042 C001000 100
042 D001000   0
042 E001000   0
042 F001000   0
042 G001000   0
042 H001000   0
043  001000    330
044  001000      0
045  001000 N
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048 A011000        0
048 A021000 0.000
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048 B021000 0.000
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048 C021000 0.000
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<PAGE>      PAGE  49
048 E021000 0.000
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048 F021000 0.000
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048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
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055 A001000 N
055 B001000 N
056  001000 Y
057  001000 N
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058 B001000 N
058 C001000 N
058 D001000 N
058 E001000 N
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066 A001000 Y
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067  001000 N
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<PAGE>      PAGE  50
070 A021000 N
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070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 Y
070 K021000 Y
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070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 N
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
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<PAGE>      PAGE  51
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072EE001000        0
073 A011000   0.0000
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074 I001000    88777
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074 N001000    89256
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074 P001000       78
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074 R041000      259
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074 T001000    88919
074 U011000     2550
074 U021000     3777
074 V011000    14.09
<PAGE>      PAGE  52
074 V021000    13.96
074 W001000   0.0000
074 X001000    12390
074 Y001000        0
075 A001000        0
075 B001000    84336
076  001000     0.00
024  001100 N
028 A011100      5424
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028 A031100         0
028 A041100      3003
028 B011100      3697
028 B021100        57
028 B031100         0
028 B041100      4359
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028 C041100      4606
028 D011100     11083
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028 D041100      7037
028 E011100     20186
028 E021100         0
028 E031100         0
028 E041100     10232
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028 F041100     17624
028 G011100     71689
028 G021100        57
028 G031100         0
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028 H001100      2202
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030 A001100     30
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033  001100      0
034  001100 Y
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036 A001100 Y
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042 B001100   0
<PAGE>      PAGE  53
042 C001100 100
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048 E021100 0.000
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048 J011100        0
048 J021100 0.000
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048 K021100 0.000
055 A001100 Y
055 B001100 N
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057  001100 N
058 A001100 N
058 B001100 N
058 C001100 N
058 D001100 N
058 E001100 N
059  001100 Y
060 A001100 Y
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<PAGE>      PAGE  54
062 G001100   0.0
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062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
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066 A001100 Y
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067  001100 N
068 A001100 N
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070 A011100 N
070 A021100 N
070 B011100 N
070 B021100 N
070 C011100 N
070 C021100 N
070 D011100 N
070 D021100 N
070 E011100 N
070 E021100 N
070 F011100 N
070 F021100 N
070 G011100 N
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 N
070 J021100 N
070 K011100 Y
070 K021100 Y
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070 L021100 N
070 M011100 N
070 M021100 N
070 N011100 N
070 N021100 N
070 O011100 N
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
<PAGE>      PAGE  55
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070 R011100 N
070 R021100 N
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073 A011100   0.0400
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<PAGE>      PAGE  56
074 H001100        0
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074 L001100     1183
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074 N001100    67397
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074 P001100       62
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074 R041100     2815
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074 W001100   0.0000
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075 A001100        0
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024  001200 N
028 A011200      3355
028 A021200         0
028 A031200         0
028 A041200       228
028 B011200      3220
028 B021200       369
028 B031200         0
028 B041200       457
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028 D041200       991
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028 E031200         0
028 E041200       594
028 F011200     14271
028 F021200         0
028 F031200         0
028 F041200      3423
<PAGE>      PAGE  57
028 G011200     34979
028 G021200       369
028 G031200         0
028 G041200      6609
028 H001200      4747
029  001200 Y
030 A001200     72
030 B001200  4.75
030 C001200  0.00
031 A001200     21
031 B001200      0
032  001200     51
033  001200      0
034  001200 Y
035  001200      5
036 A001200 Y
036 B001200      0
042 A001200   0
042 B001200   0
042 C001200 100
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200     64
044  001200      0
045  001200 N
048  001200  0.000
048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
048 E011200        0
048 E021200 0.000
048 F011200        0
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200        0
048 K021200 0.000
<PAGE>      PAGE  58
055 A001200 Y
055 B001200 N
056  001200 Y
057  001200 N
058 A001200 N
058 B001200 N
058 C001200 N
058 D001200 N
058 E001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200      500
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
066 A001200 Y
066 C001200 Y
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 N
070 A021200 N
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
<PAGE>      PAGE  59
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 N
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 N
070 N021200 N
070 O011200 N
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200         0
071 B001200         0
071 C001200         0
071 D001200    0
072 A001200  6
072 B001200       62
072 C001200       83
072 D001200        0
072 E001200        0
072 F001200        0
072 G001200       22
072 H001200        0
072 I001200       38
072 J001200        0
072 K001200        0
072 L001200       19
072 M001200        5
072 N001200       34
072 O001200        0
072 P001200        0
072 Q001200        2
072 R001200       14
072 S001200       11
072 T001200       64
072 U001200        5
072 V001200        0
072 W001200       79
072 X001200      293
072 Y001200       67
<PAGE>      PAGE  60
072 Z001200      -81
072AA001200      742
072BB001200        0
072CC011200     4358
072CC021200        0
072DD011200        0
072DD021200        0
072EE001200      403
073 A011200   0.0000
073 A021200   0.0000
073 B001200   0.5200
073 C001200   0.0000
074 A001200        0
074 B001200        0
074 C001200        0
074 D001200        0
074 E001200        0
074 F001200        0
074 G001200        0
074 H001200        0
074 I001200    39397
074 J001200        0
074 K001200       59
074 L001200     1255
074 M001200       37
074 N001200    40748
074 O001200        0
074 P001200       27
074 Q001200        0
074 R011200        0
074 R021200        0
074 R031200        0
074 R041200      161
074 S001200        0
074 T001200    40560
074 U011200     1219
074 U021200     1028
074 V011200    17.80
074 V021200    17.68
074 W001200   0.0000
074 X001200     4473
074 Y001200        0
075 A001200        0
075 B001200    19332
076  001200     0.00
SIGNATURE   PAM RUDDOCK                                  
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
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<S>                             <C>
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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   <NAME> GT GLOBAL GOVERNMENT INCOME FUND - CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 022
   <NAME> GT GLOBAL GOVERNMENT INCOME FUND - CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 023
   <NAME> GT GLOBAL GOVERNMENT INCOME FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             2038
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   4651
<AVERAGE-NET-ASSETS>                            565758
<PER-SHARE-NAV-BEGIN>                             8.80
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                          (.24)
<PER-SHARE-DIVIDEND>                             (.30)
<PER-SHARE-DISTRIBUTIONS>                        (.10)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.47
<EXPENSE-RATIO>                                    .99
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 031
   <NAME> GT GLOBAL HEALTH CARE FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                           495724
<INVESTMENTS-AT-VALUE>                          611878
<RECEIVABLES>                                    17192
<ASSETS-OTHER>                                   46149
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<SENIOR-LONG-TERM-DEBT>                              0
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<PAID-IN-CAPITAL-COMMON>                        367391
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<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (2420)
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<ACCUMULATED-NET-GAINS>                         118422
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    600511
<DIVIDEND-INCOME>                                 1910
<INTEREST-INCOME>                                  857
<OTHER-INCOME>                                     130
<EXPENSES-NET>                                  (5317)
<NET-INVESTMENT-INCOME>                         (2420)
<REALIZED-GAINS-CURRENT>                        118994
<APPREC-INCREASE-CURRENT>                          724
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                       (54408)
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<NUMBER-OF-SHARES-SOLD>                          46475
<NUMBER-OF-SHARES-REDEEMED>                    (47031)
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                             2762
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   5397
<AVERAGE-NET-ASSETS>                            585681
<PER-SHARE-NAV-BEGIN>                            21.84
<PER-SHARE-NII>                                  (.08)
<PER-SHARE-GAIN-APPREC>                           4.75
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (2.86)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.65
<EXPENSE-RATIO>                                   1.79
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-NNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 032
   <NAME> GT GLOBAL HEALTH CARE FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                           495724
<INVESTMENTS-AT-VALUE>                          611878
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<ACCUMULATED-NII-CURRENT>                       (2420)
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<ACCUMULATED-NET-GAINS>                         118422
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<DIVIDEND-INCOME>                                 1910
<INTEREST-INCOME>                                  857
<OTHER-INCOME>                                     130
<EXPENSES-NET>                                  (5317)
<NET-INVESTMENT-INCOME>                         (2420)
<REALIZED-GAINS-CURRENT>                        118994
<APPREC-INCREASE-CURRENT>                          724
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<EQUALIZATION>                                       0
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<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                             2762
<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                            585681
<PER-SHARE-NAV-BEGIN>                            21.56
<PER-SHARE-NII>                                  (.14)
<PER-SHARE-GAIN-APPREC>                           4.69
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (2.86)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.25
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<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 033
   <NAME> GT GLOBAL HEALTH CARE FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                           495724
<INVESTMENTS-AT-VALUE>                          611878
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<SENIOR-LONG-TERM-DEBT>                              0
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         118422
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    600511
<DIVIDEND-INCOME>                                 1910
<INTEREST-INCOME>                                  857
<OTHER-INCOME>                                     130
<EXPENSES-NET>                                  (5317)
<NET-INVESTMENT-INCOME>                         (2420)
<REALIZED-GAINS-CURRENT>                        118994
<APPREC-INCREASE-CURRENT>                          724
<NET-CHANGE-FROM-OPS>                           117298
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                          (69)
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<NUMBER-OF-SHARES-SOLD>                            453
<NUMBER-OF-SHARES-REDEEMED>                      (449)
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<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
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<PER-SHARE-NAV-BEGIN>                            21.88
<PER-SHARE-NII>                                  (.03)
<PER-SHARE-GAIN-APPREC>                           4.77
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (2.86)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.76
<EXPENSE-RATIO>                                   1.29
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 041
   <NAME> GT GLOBAL GROWTH & INCOME FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                           538371
<INVESTMENTS-AT-VALUE>                          637781
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       125959 
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        563120
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<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          706
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<ACCUMULATED-NET-GAINS>                        (15474)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        100776 
<NET-ASSETS>                                    649128
<DIVIDEND-INCOME>                                 5891
<INTEREST-INCOME>                                 8175
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (6438)
<NET-INVESTMENT-INCOME>                           7628
<REALIZED-GAINS-CURRENT>                          9364
<APPREC-INCREASE-CURRENT>                        28484
<NET-CHANGE-FROM-OPS>                            45476
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (5040)
<DISTRIBUTIONS-OF-GAINS>                        (2149)
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<NUMBER-OF-SHARES-SOLD>                           8121
<NUMBER-OF-SHARES-REDEEMED>                    (12476)
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<ACCUMULATED-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                             3173
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   6630 
<AVERAGE-NET-ASSETS>                            655502
<PER-SHARE-NAV-BEGIN>                             6.35
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                            .38
<PER-SHARE-DIVIDEND>                             (.12)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.65
<EXPENSE-RATIO>                                   1.60
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 042
   <NAME> GT GLOBAL GROWTH & INCOME FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                           538371
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        100776 
<NET-ASSETS>                                    649128
<DIVIDEND-INCOME>                                 5891
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<OTHER-INCOME>                                       0
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<APPREC-INCREASE-CURRENT>                        28484
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                           5449
<NUMBER-OF-SHARES-REDEEMED>                     (6731)
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<PER-SHARE-NAV-BEGIN>                             6.35
<PER-SHARE-NII>                                    .07
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<PER-SHARE-DIVIDEND>                             (.10)
<PER-SHARE-DISTRIBUTIONS>                        (.05)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.65
<EXPENSE-RATIO>                                   2.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 043
   <NAME> GT GLOBAL GROWTH & INCOME FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-END>                               APR-30-1996
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<ACCUM-APPREC-OR-DEPREC>                        100776 
<NET-ASSETS>                                    649128
<DIVIDEND-INCOME>                                 5891
<INTEREST-INCOME>                                 8175 
<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                          9364
<APPREC-INCREASE-CURRENT>                        28484 
<NET-CHANGE-FROM-OPS>                            45476
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (36)
<DISTRIBUTIONS-OF-GAINS>                           (7)
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<NUMBER-OF-SHARES-SOLD>                            819
<NUMBER-OF-SHARES-REDEEMED>                      (585)
<SHARES-REINVESTED>                                  7 
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<ACCUMULATED-NII-PRIOR>                              0
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<PER-SHARE-NAV-BEGIN>                             6.35
<PER-SHARE-NII>                                    .10
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<PER-SHARE-DISTRIBUTIONS>                        (.05)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.66
<EXPENSE-RATIO>                                   1.25
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 051
   <NAME> GT GLOBAL LATIN AMERICA GROWTH FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<INVESTMENTS-AT-COST>                           328813
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<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-REDEEMED>                    (38156)
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</TABLE>

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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
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<NAME> G.T. INVESTMENT FUNDS, INC.
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
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<NAME> G.T. INVESTMENT FUNDS, INC.
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
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</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
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   <NAME> GT GLOBAL TELECOMMUNICATIONS FUND - ADVISOR CLASS
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
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   <NAME> GT GLOBAL EMERGING MARKETS FUND - CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
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   <NAME> GT GLOBAL EMERGING MARKETS FUND - CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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   <NUMBER> 073
   <NAME> GT GLOBAL EMERGING MARKETS FUND - ADVISOR CLASS
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<S>                             <C>
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<PAYABLE-FOR-SECURITIES>                          1417
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        33483
<TOTAL-LIABILITIES>                              34900
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<PAID-IN-CAPITAL-COMMON>                        535303
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<ACCUMULATED-NET-GAINS>                        (33704)
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<ACCUM-APPREC-OR-DEPREC>                         39310
<NET-ASSETS>                                    543927
<DIVIDEND-INCOME>                                 6324
<INTEREST-INCOME>                                 2112
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (5458)
<NET-INVESTMENT-INCOME>                           2978
<REALIZED-GAINS-CURRENT>                          3861
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<NET-CHANGE-FROM-OPS>                            51201
<EQUALIZATION>                                       0
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<NUMBER-OF-SHARES-SOLD>                            264
<NUMBER-OF-SHARES-REDEEMED>                      (228)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           63934
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                             2471
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   5846
<AVERAGE-NET-ASSETS>                            508887
<PER-SHARE-NAV-BEGIN>                            13.88
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                           1.31
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.33
<EXPENSE-RATIO>                                   1.42
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 081
   <NAME> GT GLOBAL HIGH INCOME FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<INVESTMENTS-AT-COST>                           380777
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<ACCUMULATED-NET-GAINS>                        (31599)
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<NET-ASSETS>                                    394976
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                24308
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<PER-SHARE-DIVIDEND>                            (0.61)
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<PER-SHARE-NAV-END>                              12.95
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 082
   <NAME> GT GLOBAL HIGH INCOME FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             NOV-01-1995
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<INVESTMENTS-AT-COST>                           380777
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 083
   <NAME> GT GLOBAL HIGH INCOME FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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<PERIOD-START>                             NOV-01-1995
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<NET-ASSETS>                                    394976
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                24308
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<REALIZED-GAINS-CURRENT>                         27209
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<NET-CHANGE-FROM-OPS>                            54055
<EQUALIZATION>                                       0
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<PER-SHARE-NAV-BEGIN>                            11.71
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<PER-SHARE-GAIN-APPREC>                           1.18
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<EXPENSE-RATIO>                                   1.38
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<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 091
   <NAME> GT GLOBAL FINANCIAL SERVICES FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                            11775
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<ACCUM-APPREC-OR-DEPREC>                          1910
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<DIVIDEND-INCOME>                                  164
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<EXPENSES-NET>                                   (168)
<NET-INVESTMENT-INCOME>                             63
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<APPREC-INCREASE-CURRENT>                         1119
<NET-CHANGE-FROM-OPS>                             1695
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                           (3)
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<NUMBER-OF-SHARES-REDEEMED>                      (475)
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<EXPENSE-RATIO>                                   2.25
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 092
   <NAME> GT GLOBAL FINANCIAL SERVICES FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               APR-30-1996
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<INTEREST-INCOME>                                   67
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<EXPENSES-NET>                                   (168)
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<NET-CHANGE-FROM-OPS>                             1695
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<PER-SHARE-GAIN-APPREC>                           1.69
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<EXPENSE-RATIO>                                   2.75
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 093
   <NAME> GT GLOBAL FINANCIAL SERVICES FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
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<NET-ASSETS>                                     13764
<DIVIDEND-INCOME>                                  164
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<EXPENSE-RATIO>                                   1.75
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 101
   <NAME> GT GLOBAL INFRASTRUCTURE FUND - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
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<NAME> G.T. INVESTMENT FUNDS, INC.
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
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<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
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   <NUMBER> 111
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<S>                             <C>
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</TABLE>

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<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
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<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 112
   <NAME> GT GLOBAL NATURAL RESOURCES FUND - CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
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<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 113
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
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</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 121
   <NAME> GT GLOBAL CONSUMER PRODUCTS AND SERVICES FUND - CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 122
   <NAME> GT GLOBAL CONSUMER PRODUCTS AND SERVICES FUND - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
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<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE 
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000826644
<NAME> G.T. INVESTMENT FUNDS, INC.
<SERIES>
   <NUMBER> 123
   <NAME> GT GLOBAL CONSUMER PRODUCTS AND SERVICES FUND - ADVISOR CLASS
<MULTIPLIER> 1000
       
<S>                             <C>
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<DISTRIBUTIONS-OF-GAINS>                           (6)
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<PER-SHARE-NII>                                  (.01)
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<PER-SHARE-DIVIDEND>                                 0
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</TABLE>


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