<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from FFTW
financial statements at June 30, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> Emerging Markets Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 74,500,992
<INVESTMENTS-AT-VALUE> 79,291,096
<RECEIVABLES> 1,742,111
<ASSETS-OTHER> 654,244
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 81,687,451
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 193,953
<TOTAL-LIABILITIES> 193,953
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 121,134,711
<SHARES-COMMON-STOCK> 10,641,064
<SHARES-COMMON-PRIOR> 16,717,599
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 2,864,693
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 41,803,149
<ACCUM-APPREC-OR-DEPREC> 5,026,629
<NET-ASSETS> 81,493,498
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,077,524
<OTHER-INCOME> 0
<EXPENSES-NET> 475,287
<NET-INVESTMENT-INCOME> 4,602,237
<REALIZED-GAINS-CURRENT> (7,099,095)
<APPREC-INCREASE-CURRENT> 6,271,332
<NET-CHANGE-FROM-OPS> 3,774,474
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,602,237
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 6,679,842
<SHARES-REINVESTED> 603,307
<NET-CHANGE-IN-ASSETS> (46,925,526)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 2,864,693
<OVERDIST-NET-GAINS-PRIOR> 34,704,054
<GROSS-ADVISORY-FEES> 328,036
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 475,287
<AVERAGE-NET-ASSETS> 87,974,360
<PER-SHARE-NAV-BEGIN> 7.68
<PER-SHARE-NII> 0.40
<PER-SHARE-GAIN-APPREC> (0.02)
<PER-SHARE-DIVIDEND> 0.40
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.66
<EXPENSE-RATIO> 1.09
</TABLE>
