<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the N-SAR
answer file for the twelve months ending September 30, 2000 and is qualified in
its entirety by reference to the N-SAR answer file for the twelve months ending
September 30, 2000 for the Bernstein Emerging Markets Value Portfolio.
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> BERNSTEIN EMERGING MARKETS VALUE
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 671,881,076
<INVESTMENTS-AT-VALUE> 584,919,810
<RECEIVABLES> 3,890,020
<ASSETS-OTHER> 8,434,525<F1>
<OTHER-ITEMS-ASSETS> 11,321
<TOTAL-ASSETS> 597,255,676
<PAYABLE-FOR-SECURITIES> 163,169
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,209,455
<TOTAL-LIABILITIES> 3,372,624
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 675,254,146
<SHARES-COMMON-STOCK> 35,115,763
<SHARES-COMMON-PRIOR> 40,782,667
<ACCUMULATED-NII-CURRENT> 2,752,092
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,343,336
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (87,501,637)
<NET-ASSETS> 593,883,052
<DIVIDEND-INCOME> 17,085,129
<INTEREST-INCOME> 536,500
<OTHER-INCOME> 0
<EXPENSES-NET> 12,251,207
<NET-INVESTMENT-INCOME> 5,370,422
<REALIZED-GAINS-CURRENT> 66,775,943
<APPREC-INCREASE-CURRENT> (88,184,583)
<NET-CHANGE-FROM-OPS> (16,038,218)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,222,932
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,339,149
<NUMBER-OF-SHARES-REDEEMED> 13,187,214
<SHARES-REINVESTED> 181,161
<NET-CHANGE-IN-ASSETS> (126,560,497)
<ACCUMULATED-NII-PRIOR> 1,604,602
<ACCUMULATED-GAINS-PRIOR> (63,432,607)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,984,215
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12,251,207
<AVERAGE-NET-ASSETS> 718,412,803
<PER-SHARE-NAV-BEGIN> 17.67
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> (0.80)
<PER-SHARE-DIVIDEND> 0.10
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.91
<EXPENSE-RATIO> 1.71
<FN>
<F1>Includes Cash and Currency
</FN>
</TABLE>
