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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000875186
<NAME> Large Capitalization Value Equity Investments
<SERIES>
<NUMBER>007
<NAME>Consulting Group Capital Markets Fund
<S> <C>
<PERIOD-TYPE> 1-Year
<FISCAL-YEAR-END> Aug-31-2000
<PERIOD-END> Aug-31-2000
<INVESTMENTS-AT-COST> 1,786,493,748
<INVESTMENTS-AT-VALUE> 1,926,903,849
<RECEIVABLES> 19,833,568
<ASSETS-OTHER> 134,830,632
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,081,568,049
<PAYABLE-FOR-SECURITIES> 9,287,460
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139,230,778
<TOTAL-LIABILITIES> 148,518,238
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,574,926,760
<SHARES-COMMON-STOCK> 162,076,534
<SHARES-COMMON-PRIOR> 143,885,139
<ACCUMULATED-NII-CURRENT> 15,433,776
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 201,899,694
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 140,789,581
<NET-ASSETS> 1,933,049,811
<DIVIDEND-INCOME> 37,694,104
<INTEREST-INCOME> 1,992,251
<OTHER-INCOME> 0
<EXPENSES-NET> 14,691,342
<NET-INVESTMENT-INCOME> 24,995,013
<REALIZED-GAINS-CURRENT> 227,469,993
<APPREC-INCREASE-CURRENT> (177,845,761)
<NET-CHANGE-FROM-OPS> 74,619,245
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 24,273,137
<DISTRIBUTIONS-OF-GAINS> 267,626,464
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 125,157,972
<NUMBER-OF-SHARES-REDEEMED> 131,800,739
<SHARES-REINVESTED> 24,834,162
<NET-CHANGE-IN-ASSETS> (13,229,948)
<ACCUMULATED-NII-PRIOR> 14,221,800
<ACCUMULATED-GAINS-PRIOR> 242,546,265
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 12,476,586
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14,691,342
<AVERAGE-NET-ASSETS> 1,871,581,266
<PER-SHARE-NAV-BEGIN> 13.530
<PER-SHARE-NII> 0.170
<PER-SHARE-GAIN-APPREC> 0.310
<PER-SHARE-DIVIDEND> 0.170
<PER-SHARE-DISTRIBUTIONS> 1.910
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.930
<EXPENSE-RATIO> 0.78
</TABLE>