<PAGE> PAGE 1
000 B000000 04/30/97
000 C000000 0000873929
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 RIMCO MONUMENT FUNDS
001 B000000 811-6309
001 C000000 4122888260
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 RIMCO MONUMENT PRIME MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C020200 RIMCO MONUMENT U.S. TREASURY MMKT FUND
007 C030200 N
007 C010300 3
007 C020300 RIMCO MONUMENT BOND FUND
007 C030300 N
007 C010400 4
007 C020400 RIMCO MONUMENT STOCK FUND
007 C030400 N
007 C010500 5
007 C020500 RIMCO MONUMENT SMALL CAP EQUITY FUND
007 C030500 N
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 RIGGS INVESTMENT MANAGEMENT CORP.
008 B00AA01 A
008 C00AA01 801-0000
008 D01AA01 WASHINGTON
008 D02AA01 DC
008 D03AA01 20006
008 D04AA01 3950
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
<PAGE> PAGE 2
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 PAINEWEBBER, INC.
020 B000001 13-2638166
020 C000001 46
020 A000002 MORGAN STANLEY & CO., INC.
020 B000002 13-2655998
020 C000002 40
020 A000003 FACTSET DATA SYSTEMS (THRU BEA)
020 C000003 20
020 A000004 INSTINET CORP.
020 B000004 13-3443395
020 C000004 18
020 A000005 BERNSTEIN (SANFORD C.) & CO., INC.
020 B000005 13-2625874
020 C000005 18
020 A000006 ROBINSON-HUMPHREY COMPANY, INC.
020 B000006 58-1472560
020 C000006 17
020 A000007 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000007 13-2741729
020 C000007 15
020 A000008 BEAR, STEARNS & CO, INC.
020 B000008 13-3299429
020 C000008 15
020 A000009 SMITH BARNEY, INC.
020 B000009 13-1912900
020 C000009 15
020 A000010 RAYMOND JAMES & ASSOCIATES, INC.
020 B000010 59-1237041
<PAGE> PAGE 3
020 C000010 7
021 000000 254
022 A000001 DLJ CAPITAL MARKETS
022 C000001 14196171
022 D000001 486
022 A000002 DEAN WITTER REYNOLDS, INC.
022 B000002 94-1671384
022 C000002 6425859
022 D000002 7541
022 A000003 CITICORP SECURITIES MARKETS, INC.
022 B000003 13-5266470
022 C000003 4869441
022 D000003 6583
022 A000004 PRUDENTIAL BACHE SECURITIES
022 C000004 4521232
022 D000004 650
022 A000005 GOLDMAN SACHS & CO.
022 B000005 13-5108880
022 C000005 176883
022 D000005 1317
022 A000006 CLARKE & CO.
022 C000006 77512
022 D000006 21516
022 A000007 FORD MOTOR CREDIT CORP.
022 C000007 79788
022 D000007 0
022 A000008 BEAR, STEARNS & CO., INC.
022 B000008 13-3299429
022 C000008 51153
022 D000008 21597
022 A000009 ASSOCIATES CORP. OF NORTH AMERICA
022 B000009 74-1494554
022 C000009 59866
022 D000009 0
022 A000010 GENERAL MOTORS ACCEPTANCE CORP.
022 B000010 38-2572512
022 C000010 59729
022 D000010 0
023 C000000 30828421
023 D000000 108988
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
<PAGE> PAGE 4
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
034 00AA00 N
035 00AA00 0
036 B00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 500
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
<PAGE> PAGE 5
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 THE AETNA CASUALTY AND SURETY COMPANY
080 C00AA00 85000
081 A00AA00 Y
081 B00AA00 299
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 RIGGS BANK N.A.
015 B000101 C
015 C010101 WASHINGTON
015 C020101 DC
015 C030101 20005
015 C040101 3598
015 E010101 X
015 A000102 BANKERS TRUST CO.
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10015
015 E010102 X
028 A010100 274278
028 A020100 556
<PAGE> PAGE 6
028 A030100 0
028 A040100 84050
028 B010100 179549
028 B020100 471
028 B030100 0
028 B040100 118033
028 C010100 150414
028 C020100 449
028 C030100 0
028 C040100 315076
028 D010100 81958
028 D020100 657
028 D030100 0
028 D040100 72483
028 E010100 75586
028 E020100 636
028 E030100 0
028 E040100 101637
028 F010100 195980
028 F020100 1318
028 F030100 0
028 F040100 196731
028 G010100 957765
028 G020100 4087
028 G030100 0
028 G040100 888010
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 54
044 000100 0
045 000100 Y
<PAGE> PAGE 7
046 000100 N
047 000100 Y
048 000100 0.500
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
062 A000100 Y
062 B000100 0.0
062 C000100 19.2
062 D000100 26.7
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 53.6
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 76
063 B000100 0.0
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
<PAGE> PAGE 8
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 21526
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 1955
072 G000100 497
072 H000100 0
072 I000100 55
072 J000100 0
<PAGE> PAGE 9
072 K000100 0
072 L000100 4
072 M000100 3
072 N000100 22
072 O000100 0
072 P000100 0
072 Q000100 94
072 R000100 12
072 S000100 1
072 T000100 54
072 U000100 0
072 V000100 0
072 W000100 7
072 X000100 2704
072 Y000100 677
072 Z000100 19499
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 19006
072DD020100 496
072EE000100 0
073 A010100 0.0500
073 A020100 0.0500
073 B000100 0.0000
073 C000100 0.0000
074 A000100 3
074 B000100 106519
074 C000100 289977
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 3937
074 M000100 0
074 N000100 400436
074 O000100 1038
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 1098
074 S000100 0
074 T000100 398300
074 U010100 372326
<PAGE> PAGE 10
074 U020100 26263
074 V010100 1.00
074 V020100 1.00
074 W000100 0.9990
074 X000100 614
074 Y000100 0
075 A000100 390868
075 B000100 0
076 000100 0.00
015 A000201 RIGGS BANK, N.A.
015 B000201 C
015 C010201 WASHINGTON
015 C020201 DC
015 C030201 20005
015 C040201 3598
015 E010201 X
028 A010200 50093
028 A020200 56
028 A030200 0
028 A040200 15960
028 B010200 92581
028 B020200 55
028 B030200 0
028 B040200 121695
028 C010200 17478
028 C020200 58
028 C030200 0
028 C040200 32496
028 D010200 46587
028 D020200 62
028 D030200 0
028 D040200 47891
028 E010200 26825
028 E020200 98
028 E030200 0
028 E040200 29437
028 F010200 62044
028 F020200 242
028 F030200 0
028 F040200 58146
028 G010200 295608
028 G020200 571
028 G030200 0
028 G040200 305625
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
<PAGE> PAGE 11
032 000200 0
033 000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 N
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.500
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
062 A000200 Y
062 B000200 47.2
062 C000200 0.0
062 D000200 52.5
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
<PAGE> PAGE 12
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 43
063 B000200 0.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
<PAGE> PAGE 13
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 7139
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 672
072 G000200 171
072 H000200 0
072 I000200 28
072 J000200 0
072 K000200 0
072 L000200 4
072 M000200 1
072 N000200 8
072 O000200 0
072 P000200 0
072 Q000200 41
072 R000200 14
072 S000200 1
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 5
072 X000200 945
072 Y000200 173
072 Z000200 6367
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 6367
072DD020200 0
072EE000200 0
073 A010200 0.0500
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 230
074 B000200 74025
074 C000200 66613
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
<PAGE> PAGE 14
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 696
074 M000200 0
074 N000200 141564
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 553
074 S000200 0
074 T000200 141011
074 U010200 141011
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 0.9998
074 X000200 109
074 Y000200 0
075 A000200 134403
075 B000200 0
076 000200 0.00
015 A000301 RIGGS BANK, N.A.
015 B000301 C
015 C010301 WASHINGTON
015 C020301 DC
015 C030301 20005
015 C040301 3598
015 E010301 X
015 A000302 BANKERS TRUST COMPANY
015 B000302 S
015 C010302 NEW YORK
015 C020302 NY
015 C030302 10015
015 E010302 X
028 A010300 193
028 A020300 55
028 A030300 0
028 A040300 1154
028 B010300 260
028 B020300 27
028 B030300 0
028 B040300 127
028 C010300 522
028 C020300 26
028 C030300 0
028 C040300 591
<PAGE> PAGE 15
028 D010300 964
028 D020300 25
028 D030300 0
028 D040300 311
028 E010300 652
028 E020300 27
028 E030300 0
028 E040300 597
028 F010300 813
028 F020300 28
028 F030300 0
028 F040300 480
028 G010300 3404
028 G020300 188
028 G030300 0
028 G040300 3260
028 H000300 3261
029 000300 Y
030 A000300 1
030 B000300 4.75
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 1
033 000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 N
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 0
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.750
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
<PAGE> PAGE 16
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 7.5
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 46.6
062 N000300 27.8
062 O000300 0.0
062 P000300 17.4
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 13.8
064 A000300 N
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
<PAGE> PAGE 17
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 55760
071 B000300 73110
071 C000300 32608
071 D000300 171
072 A000300 12
072 B000300 2464
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 256
072 G000300 51
072 H000300 0
072 I000300 40
072 J000300 0
072 K000300 0
072 L000300 6
072 M000300 1
072 N000300 6
072 O000300 0
072 P000300 0
072 Q000300 49
072 R000300 14
072 S000300 2
072 T000300 0
072 U000300 0
<PAGE> PAGE 18
072 V000300 0
072 W000300 9
072 X000300 434
072 Y000300 136
072 Z000300 2166
072AA000300 557
072BB000300 1083
072CC010300 72
072CC020300 0
072DD010300 2125
072DD020300 0
072EE000300 0
073 A010300 0.5900
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 2372
074 C000300 0
074 D000300 29189
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 442
074 M000300 0
074 N000300 32003
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 174
074 S000300 0
074 T000300 31829
074 U010300 3384
074 U020300 0
074 V010300 9.41
074 V020300 0.00
074 W000300 0.0000
074 X000300 174
074 Y000300 0
075 A000300 0
075 B000300 34527
076 000300 0.00
015 A000401 RIGGS BANK N.A.
015 B000401 C
<PAGE> PAGE 19
015 C010401 WASHINGTON
015 C020401 DC
015 C030401 20005
015 C040401 3598
015 E010401 X
028 A010400 843
028 A020400 0
028 A030400 0
028 A040400 635
028 B010400 7525
028 B020400 4121
028 B030400 0
028 B040400 1197
028 C010400 1633
028 C020400 0
028 C030400 0
028 C040400 879
028 D010400 1167
028 D020400 0
028 D030400 0
028 D040400 744
028 E010400 2722
028 E020400 186
028 E030400 0
028 E040400 844
028 F010400 1186
028 F020400 -110
028 F030400 0
028 F040400 951
028 G010400 15076
028 G020400 4197
028 G030400 0
028 G040400 5250
028 H000400 14763
029 000400 Y
030 A000400 39
030 B000400 5.75
030 C000400 0.00
031 A000400 4
031 B000400 0
032 000400 35
033 000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 N
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
<PAGE> PAGE 20
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 0
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.750
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 0
063 B000400 0.0
<PAGE> PAGE 21
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 Y
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 60569
071 B000400 69980
071 C000400 80759
071 D000400 75
<PAGE> PAGE 22
072 A000400 12
072 B000400 174
072 C000400 1632
072 D000400 0
072 E000400 0
072 F000400 623
072 G000400 106
072 H000400 0
072 I000400 49
072 J000400 0
072 K000400 0
072 L000400 1
072 M000400 1
072 N000400 10
072 O000400 0
072 P000400 0
072 Q000400 43
072 R000400 14
072 S000400 2
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 6
072 X000400 855
072 Y000400 99
072 Z000400 1050
072AA000400 16121
072BB000400 2405
072CC010400 0
072CC020400 2163
072DD010400 1013
072DD020400 0
072EE000400 13232
073 A010400 0.2000
073 A020400 0.0000
073 B000400 2.7100
073 C000400 0.0000
074 A000400 16
074 B000400 5696
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 84049
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 238
074 K000400 0
074 L000400 117
074 M000400 0
074 N000400 90116
<PAGE> PAGE 23
074 O000400 941
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 33
074 S000400 0
074 T000400 89142
074 U010400 5782
074 U020400 0
074 V010400 15.41
074 V020400 0.00
074 W000400 0.0000
074 X000400 683
074 Y000400 0
075 A000400 0
075 B000400 82808
076 000400 0.00
015 A000501 RIGGS BANK, N.A.
015 B000501 C
015 C010501 WASHINGTON
015 C020501 DC
015 C030501 20005
015 C040501 3598
015 E010501 X
028 A010500 410
028 A020500 0
028 A030500 0
028 A040500 461
028 B010500 2245
028 B020500 93
028 B030500 0
028 B040500 569
028 C010500 3426
028 C020500 0
028 C030500 0
028 C040500 581
028 D010500 1275
028 D020500 0
028 D030500 0
028 D040500 144
028 E010500 1784
028 E020500 0
028 E030500 0
028 E040500 93
028 F010500 1034
028 F020500 0
028 F030500 0
028 F040500 332
028 G010500 10174
<PAGE> PAGE 24
028 G020500 93
028 G030500 0
028 G040500 2180
028 H000500 10130
029 000500 Y
030 A000500 4
030 B000500 3.50
030 C000500 0.00
031 A000500 0
031 B000500 0
032 000500 4
033 000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 N
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 0
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.800
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
<PAGE> PAGE 25
048 K020500 0.000
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
<PAGE> PAGE 26
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 28709
071 B000500 19949
071 C000500 21521
071 D000500 93
072 A000500 12
072 B000500 101
072 C000500 113
072 D000500 0
072 E000500 0
072 F000500 185
072 G000500 50
072 H000500 0
072 I000500 31
072 J000500 0
072 K000500 0
072 L000500 5
072 M000500 0
072 N000500 8
072 O000500 0
072 P000500 0
072 Q000500 41
072 R000500 14
072 S000500 1
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 3
072 X000500 338
072 Y000500 107
072 Z000500 -17
072AA000500 5494
072BB000500 2123
072CC010500 0
072CC020500 4671
<PAGE> PAGE 27
072DD010500 0
072DD020500 0
072EE000500 1336
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.8200
073 C000500 0.0000
074 A000500 2
074 B000500 2211
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 24950
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 943
074 K000500 0
074 L000500 106
074 M000500 2
074 N000500 28214
074 O000500 410
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 27
074 S000500 0
074 T000500 27777
074 U010500 2171
074 U020500 0
074 V010500 12.80
074 V020500 0.00
074 W000500 0.0000
074 X000500 152
074 Y000500 0
075 A000500 0
075 B000500 22994
076 000500 0.00
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> RIMCO Monument Funds
RIMCO Monument Prime Money Market Fund
Class A Shares
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 396,495,915
<INVESTMENTS-AT-VALUE> 396,495,915
<RECEIVABLES> 3,936,969
<ASSETS-OTHER> 3,596
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 400,436,480
<PAYABLE-FOR-SECURITIES> 1,038,492
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,098,301
<TOTAL-LIABILITIES> 2,136,793
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 398,590,251
<SHARES-COMMON-STOCK> 372,325,716
<SHARES-COMMON-PRIOR> 368,030,706
<ACCUMULATED-NII-CURRENT> 580,044
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (870,608)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 372,036,776
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,525,878
<OTHER-INCOME> 0
<EXPENSES-NET> 2,027,317
<NET-INVESTMENT-INCOME> 19,498,561
<REALIZED-GAINS-CURRENT> 2,503
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 19,501,064
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 19,005,741
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,412,757,103
<NUMBER-OF-SHARES-REDEEMED> 1,414,974,408
<SHARES-REINVESTED> 6,512,315
<NET-CHANGE-IN-ASSETS> 30,547,214
<ACCUMULATED-NII-PRIOR> 583,120
<ACCUMULATED-GAINS-PRIOR> (873,111)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,954,745
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,703,925
<AVERAGE-NET-ASSETS> 390,868,289
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.050
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> RIMCO Monument Funds
RIMCO Monument Prime Money Market Fund
Class B Shares
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 396,495,915
<INVESTMENTS-AT-VALUE> 396,495,915
<RECEIVABLES> 3,936,969
<ASSETS-OTHER> 3,596
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 400,436,480
<PAYABLE-FOR-SECURITIES> 1,038,492
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,098,301
<TOTAL-LIABILITIES> 2,136,793
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 398,590,251
<SHARES-COMMON-STOCK> 26,262,878
<SHARES-COMMON-PRIOR> 10,102
<ACCUMULATED-NII-CURRENT> 580,044
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (870,608)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 26,262,911
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21,525,878
<OTHER-INCOME> 0
<EXPENSES-NET> 2,027,317
<NET-INVESTMENT-INCOME> 19,498,561
<REALIZED-GAINS-CURRENT> 2,503
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 19,501,064
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 495,896
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80,348,400
<NUMBER-OF-SHARES-REDEEMED> 54,095,833
<SHARES-REINVESTED> 209
<NET-CHANGE-IN-ASSETS> 30,547,214
<ACCUMULATED-NII-PRIOR> 583,120
<ACCUMULATED-GAINS-PRIOR> (873,111)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,954,745
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,703,925
<AVERAGE-NET-ASSETS> 390,868,289
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.050
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 1.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> RIMCO Monument Funds
RIMCO Monument U.S. Treasury Money Market Fund
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 140,638,205
<INVESTMENTS-AT-VALUE> 140,638,205
<RECEIVABLES> 696,222
<ASSETS-OTHER> 230,153
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 141,564,580
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 553,299
<TOTAL-LIABILITIES> 553,299
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 141,011,281
<SHARES-COMMON-STOCK> 141,011,281
<SHARES-COMMON-PRIOR> 107,103,642
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 141,011,281
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,138,461
<OTHER-INCOME> 0
<EXPENSES-NET> 771,206
<NET-INVESTMENT-INCOME> 6,367,255
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 6,367,255
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,367,255
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 449,279,619
<NUMBER-OF-SHARES-REDEEMED> 416,232,679
<SHARES-REINVESTED> 860,699
<NET-CHANGE-IN-ASSETS> 33,907,639
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 672,065
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 944,642
<AVERAGE-NET-ASSETS> 134,403,334
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.050
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.57
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 03
<NAME> RIMCO Monument Funds
RIMCO Monument Bond Fund
<PERIOD-TYPE> 12-Mos
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 31,702,041
<INVESTMENTS-AT-VALUE> 31,561,480
<RECEIVABLES> 441,572
<ASSETS-OTHER> 330
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,003,382
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 174,231
<TOTAL-LIABILITIES> 174,231
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35,575,305
<SHARES-COMMON-STOCK> 3,383,560
<SHARES-COMMON-PRIOR> 5,378,372
<ACCUMULATED-NII-CURRENT> 41,245
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,646,838)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (140,561)
<NET-ASSETS> 31,829,151
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,463,739
<OTHER-INCOME> 0
<EXPENSES-NET> 297,849
<NET-INVESTMENT-INCOME> 2,165,890
<REALIZED-GAINS-CURRENT> (526,090)
<APPREC-INCREASE-CURRENT> 72,263
<NET-CHANGE-FROM-OPS> 1,712,063
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,124,645
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 648,055
<NUMBER-OF-SHARES-REDEEMED> 2,679,358
<SHARES-REINVESTED> 36,491
<NET-CHANGE-IN-ASSETS> (19,089,409)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (3,120,748)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 255,588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 434,163
<AVERAGE-NET-ASSETS> 34,526,760
<PER-SHARE-NAV-BEGIN> 9.470
<PER-SHARE-NII> 0.600
<PER-SHARE-GAIN-APPREC> (0.070)
<PER-SHARE-DIVIDEND> 0.590
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.410
<EXPENSE-RATIO> 0.87
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 04
<NAME> RIMCO Monument Funds
RIMCO Monument Stock Fund
<PERIOD-TYPE> 12-Mos
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 72,324,871
<INVESTMENTS-AT-VALUE> 89,744,592
<RECEIVABLES> 355,249
<ASSETS-OTHER> 16,233
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 90,116,074
<PAYABLE-FOR-SECURITIES> 940,836
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33,491
<TOTAL-LIABILITIES> 974,327
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 62,047,764
<SHARES-COMMON-STOCK> 5,782,109
<SHARES-COMMON-PRIOR> 5,353,082
<ACCUMULATED-NII-CURRENT> 98,940
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,575,322
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,419,721
<NET-ASSETS> 89,141,747
<DIVIDEND-INCOME> 1,631,730
<INTEREST-INCOME> 174,060
<OTHER-INCOME> 0
<EXPENSES-NET> 755,498
<NET-INVESTMENT-INCOME> 1,050,292
<REALIZED-GAINS-CURRENT> 13,715,852
<APPREC-INCREASE-CURRENT> (2,163,305)
<NET-CHANGE-FROM-OPS> 12,602,839
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,013,053
<DISTRIBUTIONS-OF-GAINS> 13,232,044
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,490,755
<NUMBER-OF-SHARES-REDEEMED> 1,352,718
<SHARES-REINVESTED> 290,990
<NET-CHANGE-IN-ASSETS> 4,344,396
<ACCUMULATED-NII-PRIOR> 61,701
<ACCUMULATED-GAINS-PRIOR> 9,091,514
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 622,704
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 855,131
<AVERAGE-NET-ASSETS> 82,807,767
<PER-SHARE-NAV-BEGIN> 15.840
<PER-SHARE-NII> 0.200
<PER-SHARE-GAIN-APPREC> 2.280
<PER-SHARE-DIVIDEND> 0.200
<PER-SHARE-DISTRIBUTIONS> 2.710
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 15.410
<EXPENSE-RATIO> 0.91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 05
<NAME> RIMCO Monument Funds
RIMCO Monument Small Capitalization Equity Fun
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Apr-30-1997
<PERIOD-END> Apr-30-1997
<INVESTMENTS-AT-COST> 27,722,337
<INVESTMENTS-AT-VALUE> 27,161,218
<RECEIVABLES> 1,048,467
<ASSETS-OTHER> 4,297
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,213,982
<PAYABLE-FOR-SECURITIES> 410,419
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,436
<TOTAL-LIABILITIES> 436,855
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,541,452
<SHARES-COMMON-STOCK> 2,170,932
<SHARES-COMMON-PRIOR> 1,367,858
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,796,794
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (561,119)
<NET-ASSETS> 27,777,127
<DIVIDEND-INCOME> 112,848
<INTEREST-INCOME> 101,540
<OTHER-INCOME> 0
<EXPENSES-NET> 231,637
<NET-INVESTMENT-INCOME> (17,249)
<REALIZED-GAINS-CURRENT> 3,370,741
<APPREC-INCREASE-CURRENT> (4,671,477)
<NET-CHANGE-FROM-OPS> (1,317,985)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1,336,383
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,058,741
<NUMBER-OF-SHARES-REDEEMED> 262,516
<SHARES-REINVESTED> 6,849
<NET-CHANGE-IN-ASSETS> 8,847,746
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 779,685
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 184,690
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 337,586
<AVERAGE-NET-ASSETS> 22,993,809
<PER-SHARE-NAV-BEGIN> 14.100
<PER-SHARE-NII> (0.010)
<PER-SHARE-GAIN-APPREC> (0.470)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.820
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 12.800
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
