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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 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 15
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<PAGE> PAGE 16
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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 21
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070 O010400 N
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 6
072 B000400 69
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 6
072 G000400 0
072 H000400 0
072 I000400 3
072 J000400 2
072 K000400 0
072 L000400 0
072 M000400 3
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 2
072 X000400 16
072 Y000400 6
072 Z000400 59
072AA000400 0
072BB000400 0
072CC010400 0
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072DD010400 59
<PAGE> PAGE 22
072DD020400 0
072EE000400 0
073 A010400 0.0200
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 46
074 B000400 0
074 C000400 2306
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 1
074 L000400 0
074 M000400 0
074 N000400 2353
074 O000400 0
074 P000400 1
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 2352
074 U010400 2351906
074 U020400 0
074 V010400 1.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 3
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075 B000400 0
076 000400 0.00
SIGNATURE BRENDA KOELEMAY
TITLE VP/TREASURER
[ARTICLE] 6
[SERIES]
[NUMBER] 01
[NAME] GROWTH PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] JUN-30-1995
[INVESTMENTS-AT-COST] 3,360,042
[INVESTMENTS-AT-VALUE] 3,774,441
[RECEIVABLES] 8,945
[ASSETS-OTHER] 5,269
[OTHER-ITEMS-ASSETS] 12,528
[TOTAL-ASSETS] 3,801,183
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,422
[TOTAL-LIABILITIES] 2,422
[SENIOR-EQUITY] 31,806
[PAID-IN-CAPITAL-COMMON] 3,236,012
[SHARES-COMMON-STOCK] 3,180,065
[SHARES-COMMON-PRIOR] 2,906,394
[ACCUMULATED-NII-CURRENT] 39,844
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 76,700
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 414,399
[NET-ASSETS] 3,798,761
[DIVIDEND-INCOME] 38,889
[INTEREST-INCOME] 12,988
[OTHER-INCOME] 0
[EXPENSES-NET] 14,651
[NET-INVESTMENT-INCOME] 37,226
[REALIZED-GAINS-CURRENT] 39,858
[APPREC-INCREASE-CURRENT] 375,511
[NET-CHANGE-FROM-OPS] 452,595
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 296,289
[NUMBER-OF-SHARES-REDEEMED] 22,618
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 761,683
[ACCUMULATED-NII-PRIOR] 2,618
[ACCUMULATED-GAINS-PRIOR] 36,842
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 8,429
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 27,990
[AVERAGE-NET-ASSETS] 3,425,228
[PER-SHARE-NAV-BEGIN] 1.04
[PER-SHARE-NII] 0
[PER-SHARE-GAIN-APPREC] .15
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.19
[EXPENSE-RATIO] .86
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 02
[NAME] MANAGED PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] JUN-30-1995
[INVESTMENTS-AT-COST] 3,025,084
[INVESTMENTS-AT-VALUE] 3,414,743
[RECEIVABLES] 9,205
[ASSETS-OTHER] 1,512
[OTHER-ITEMS-ASSETS] 9,141
[TOTAL-ASSETS] 3,434,601
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,821
[TOTAL-LIABILITIES] 2,821
[SENIOR-EQUITY] 29,477
[PAID-IN-CAPITAL-COMMON] 2,964,724
[SHARES-COMMON-STOCK] 2,947,659
[SHARES-COMMON-PRIOR] 2,807,720
[ACCUMULATED-NII-CURRENT] 44,358
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 3,562
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 389,659
[NET-ASSETS] 3,431,780
[DIVIDEND-INCOME] 40,695
[INTEREST-INCOME] 16,531
[OTHER-INCOME] 0
[EXPENSES-NET] 14,282
[NET-INVESTMENT-INCOME] 42,944
[REALIZED-GAINS-CURRENT] 25,276
[APPREC-INCREASE-CURRENT] 414,291
[NET-CHANGE-FROM-OPS] 482,511
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 185,551
[NUMBER-OF-SHARES-REDEEMED] 45,612
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 636,820
[ACCUMULATED-NII-PRIOR] 1,414
[ACCUMULATED-GAINS-PRIOR] (21,714)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 7,645
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 21,479
[AVERAGE-NET-ASSETS] 3,123,473
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] .02
[PER-SHARE-GAIN-APPREC] .14
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.16
[EXPENSE-RATIO] .91
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 03
[NAME] BALANCED PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] JUN-30-1995
[INVESTMENTS-AT-COST] 2,673,991
[INVESTMENTS-AT-VALUE] 2,917,345
[RECEIVABLES] 26,756
[ASSETS-OTHER] 6,090
[OTHER-ITEMS-ASSETS] 50,315
[TOTAL-ASSETS] 3,000,506
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,189
[TOTAL-LIABILITIES] 2,189
[SENIOR-EQUITY] 26,783
[PAID-IN-CAPITAL-COMMON] 2,688,900
[SHARES-COMMON-STOCK] 2,678,273
[SHARES-COMMON-PRIOR] 2,677,070
[ACCUMULATED-NII-CURRENT] 52,909
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (13,629)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 243,354
[NET-ASSETS] 2,998,317
[DIVIDEND-INCOME] 21,965
[INTEREST-INCOME] 41,658
[OTHER-INCOME] 0
[EXPENSES-NET] 12,597
[NET-INVESTMENT-INCOME] 51,026
[REALIZED-GAINS-CURRENT] 9,188
[APPREC-INCREASE-CURRENT] 277,197
[NET-CHANGE-FROM-OPS] 337,411
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 31,396
[NUMBER-OF-SHARES-REDEEMED] 30,193
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 338,692
[ACCUMULATED-NII-PRIOR] 1,883
[ACCUMULATED-GAINS-PRIOR] (22,817)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 7,008
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 26,177
[AVERAGE-NET-ASSETS] 3,101,385
[PER-SHARE-NAV-BEGIN] .99
[PER-SHARE-NII] .02
[PER-SHARE-GAIN-APPREC] .11
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.12
[EXPENSE-RATIO] .81
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 04
[NAME] MONEY MARKET PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] JUN-30-1995
[INVESTMENTS-AT-COST] 2,305,827
[INVESTMENTS-AT-VALUE] 2,305,827
[RECEIVABLES] 161
[ASSETS-OTHER] 1,471
[OTHER-ITEMS-ASSETS] 45,942
[TOTAL-ASSETS] 2,353,401
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,495
[TOTAL-LIABILITIES] 1,495
[SENIOR-EQUITY] 23,519
[PAID-IN-CAPITAL-COMMON] 2,328,387
[SHARES-COMMON-STOCK] 2,351,906
[SHARES-COMMON-PRIOR] 2,283,705
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 2,351,906
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 69,160
[OTHER-INCOME] 0
[EXPENSES-NET] 10,106
[NET-INVESTMENT-INCOME] 59,054
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 59,054
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 59,054
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 893,598
[NUMBER-OF-SHARES-REDEEMED] 884,451
[SHARES-REINVESTED] 59,054
[NET-CHANGE-IN-ASSETS] 68,201
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 5,820
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 16,382
[AVERAGE-NET-ASSETS] 2,362,964
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] .02
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] .02
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.00
[EXPENSE-RATIO] .86
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
