ACCESSOR FUNDS INC
NSAR-B/A, 1995-03-07
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<PAGE>      PAGE  1
000 B000000 12/31/94
000 C000000 0000876603
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
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000 I000000 3.0.a
000 J000000 A
001 A000000 ACCESSOR FUNDS, INC.
001 B000000 811-6337
001 C000000 8007593504
002 A000000 1420 FIFTH AVENUE SUITE 3130
002 B000000 SEATTLE
002 C000000 WA
002 D010000 98101
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007 C030100 N
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007 C020200 VALUE & INCOME PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 SMALL CAP PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 INTERNATIONAL EQUITY PORTFOLIO
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007 C010500  5
007 C020500 INTERMEDIATE FIXED-INCOME PORTFOLIO
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007 C010600  6
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<PAGE>      PAGE  2
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010 B00AA01 801-39393
010 C01AA01 SEATTLE
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010 C03AA01 98101
010 A00AA02 PFPC, INC.
010 B00AA02 85-1196
010 C01AA02 WILMINGTON
010 C02AA02 DE
010 C03AA02 19809
012 A00AA01 STATE STREET BANK AND TRUST COMPANY
012 B00AA01 85-05003
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 NEW YORK
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013 B03AA01 10019
015 A00AA01 PNC BANK
015 B00AA01 C
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<PAGE>      PAGE  3
020 A000005 DAIWA SECURITIES AMERICA
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022 C000008     50470
022 D000008      7634
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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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  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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008 A000402 NICHOLAS APPLEGATE CAPITAL MANAGEMENT
008 B000402 S
<PAGE>      PAGE  19
008 C000402 801-9999
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008 D020402 CA
008 D030402 92101
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<PAGE>      PAGE  20
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066 E000400 N
066 F000400 N
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070 A010400 Y
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070 D020400 N
070 E010400 N
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070 F010400 Y
070 F020400 N
<PAGE>      PAGE  21
070 G010400 Y
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070 H010400 Y
070 H020400 N
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070 I020400 N
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070 J020400 N
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070 K020400 N
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070 L020400 Y
070 M010400 Y
070 M020400 Y
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070 N020400 N
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070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
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070 R020400 N
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
008 D020501 WA
008 D030501 98101
008 A000502 SMITH BARNEY CAPITAL MANAGEMENT
008 B000502 S
008 C000502 801-9999
008 D010502 NEW YORK
008 D020502 NY
008 D030502 10105
024  000500 Y
025 A000501 SALOMON BROTHERS INC.
025 B000501 13-3082694
025 C000501 D
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
064 B000500 N
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067  000500 N
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070 A010500 Y
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070 H010500 N
070 H020500 N
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070 I020500 N
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070 J020500 N
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070 K020500 N
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070 L020500 N
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070 M020500 N
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070 O010500 Y
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070 P010500 N
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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008 A000601 BENNINGTON CAPITAL MANAGEMENT L.P.
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008 D030601 98101
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008 D030602 10017
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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070 G020600 N
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070 H020600 N
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070 I020600 N
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070 J020600 N
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070 L020600 N
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070 M020600 N
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070 P020600 N
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<PAGE>      PAGE  30
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<PAGE>      PAGE  31
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008 B000701 A
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008 D010701 SEATTLE
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008 D030701 98101
008 A000702 BLACKROCK FINANCIAL MANAGEMENT L.P.
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008 D020702 NY
008 D030702 10154
024  000700 Y
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025 B000701 13-3082694
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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062 N000800   0.0
062 O000800   0.0
062 P000800   0.0
062 Q000800   0.0
062 R000800   0.0
063 A000800  81
063 B000800  0.0
064 A000800 N
064 B000800 N
066 A000800 N
067  000800 N
068 A000800 N
068 B000800 N
069  000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
<PAGE>      PAGE  38
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 Y
070 R020800 N
071 A000800         0
071 B000800         0
071 C000800         0
071 D000800    0
072 A000800 12
072 B000800      672
072 C000800        0
072 D000800        0
072 E000800        0
072 F000800       43
072 G000800       51
072 H000800        0
072 I000800       12
072 J000800       28
072 K000800        0
072 L000800        6
072 M000800        1
072 N000800       15
072 O000800        0
072 P000800        0
072 Q000800        0
072 R000800       13
072 S000800       28
072 T000800        0
072 U000800       14
072 V000800        0
072 W000800        4
072 X000800      215
072 Y000800      138
072 Z000800      595
072AA000800        3
072BB000800        0
072CC010800        0
<PAGE>      PAGE  39
072CC020800        0
072DD010800      595
072DD020800        0
072EE000800        4
073 A010800   0.0361
073 A020800   0.0000
073 B000800   0.0003
073 C000800   0.0000
074 A000800      217
074 B000800        0
074 C000800    11902
074 D000800        0
074 E000800        0
074 F000800        0
074 G000800        0
074 H000800        0
074 I000800        0
074 J000800        0
074 K000800       73
074 L000800       56
074 M000800       32
074 N000800    12280
074 O000800        0
074 P000800       60
074 Q000800        0
074 R010800        0
074 R020800        0
074 R030800        0
074 R040800      212
074 S000800        0
074 T000800    12008
074 U010800    12008
074 U020800        0
074 V010800     1.00
074 V020800     0.00
074 W000800   1.0000
074 X000800      425
074 Y000800        0
075 A000800    16961
075 B000800        0
076  000800     0.00
008 A000901 BENNINGTON CAPITAL MANAGEMENT L.P.
008 B000901 A
008 C000901 801-39393
008 D010901 SEATTLE
008 D020901 WA
008 D030901 98101
008 A000902 LAZARD FRERES ASSET MANAGEMENT
008 B000902 S
008 C000902 801-9999
008 D010902 NEW YORK
<PAGE>      PAGE  40
008 D020902 NY
008 D030902 10020
028 A010900       402
028 A020900        37
028 A030900         0
028 A040900       201
028 B010900        28
028 B020900         0
028 B030900         0
028 B040900        87
028 C010900       104
028 C020900         8
028 C030900         0
028 C040900        79
028 D010900       297
028 D020900         8
028 D030900         0
028 D040900       136
028 E010900        58
028 E020900         8
028 E030900         0
028 E040900       101
028 F010900       183
028 F020900        16
028 F030900         0
028 F040900       156
028 G010900      1072
028 G020900        77
028 G030900         0
028 G040900       760
028 H000900         0
045  000900 Y
046  000900 Y
047  000900 Y
048  000900  0.510
048 A010900        0
048 A020900 0.000
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
<PAGE>      PAGE  41
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900        0
048 K020900 0.000
062 A000900 Y
062 B000900   0.0
062 C000900   0.0
062 D000900   0.0
062 E000900   3.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900   0.0
062 N000900   0.0
062 O000900  94.8
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
063 A000900   0
063 B000900  9.1
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 N
070 B010900 N
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
<PAGE>      PAGE  42
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900     21169
071 B000900      7545
071 C000900     11995
071 D000900   61
072 A000900 12
072 B000900      604
072 C000900        0
072 D000900        0
072 E000900        0
072 F000900       66
072 G000900       68
072 H000900        0
072 I000900       12
072 J000900       29
072 K000900        0
072 L000900        8
072 M000900        1
072 N000900       22
072 O000900        0
072 P000900        0
072 Q000900        0
072 R000900       12
072 S000900       29
072 T000900        0
072 U000900        0
072 V000900        0
072 W000900        4
072 X000900      251
072 Y000900      115
072 Z000900      468
072AA000900        0
072BB000900      242
072CC010900        0
072CC020900      967
072DD010900      468
<PAGE>      PAGE  43
072DD020900        0
072EE000900        0
073 A010900   0.3916
073 A020900   0.0000
073 B000900   0.0000
073 C000900   0.0000
074 A000900       53
074 B000900        0
074 C000900      400
074 D000900    12717
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900        0
074 J000900        0
074 K000900       79
074 L000900      307
074 M000900        0
074 N000900    13556
074 O000900        0
074 P000900       67
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900       81
074 S000900        0
074 T000900    13408
074 U010900     1222
074 U020900        0
074 V010900    10.97
074 V020900     0.00
074 W000900   0.0000
074 X000900      177
074 Y000900        0
075 A000900        0
075 B000900    13392
076  000900     0.00
008 A001001 BENNINGTON CAPITAL MANAGEMENT L.P.
008 B001001 A
008 C001001 801-39393
008 D011001 SEATTLE
008 D021001 WA
008 D031001 98101
008 A001002 SMITH BARNEY CAPITAL MANAGEMENT
008 B001002 S
008 C001002 801-9999
008 D011002 NEW YORK
008 D021002 NY
008 D031002 10105
<PAGE>      PAGE  44
028 A011000         0
028 A021000         0
028 A031000         0
028 A041000         0
028 B011000         0
028 B021000         0
028 B031000         0
028 B041000      5000
028 C011000         0
028 C021000         0
028 C031000         0
028 C041000         0
028 D011000         0
028 D021000         0
028 D031000         0
028 D041000         0
028 E011000         0
028 E021000         0
028 E031000         0
028 E041000         0
028 F011000         0
028 F021000         0
028 F031000         0
028 F041000         0
028 G011000         0
028 G021000         0
028 G031000         0
028 G041000      5000
028 H001000         0
045  001000 Y
046  001000 Y
047  001000 Y
048  001000  0.510
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
<PAGE>      PAGE  45
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
062 A001000 Y
062 B001000   1.8
062 C001000   2.2
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   0.0
062 M001000  81.1
062 N001000  17.3
062 O001000   0.0
062 P001000   0.0
062 Q001000   0.0
062 R001000   0.0
063 A001000   0
063 B001000  2.6
066 A001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 N
070 B011000 N
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
<PAGE>      PAGE  46
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000     48871
071 B001000     18766
071 C001000     31127
071 D001000   59
072 A001000 12
072 B001000     1543
072 C001000        0
072 D001000        0
072 E001000        0
072 F001000      161
072 G001000       67
072 H001000        0
072 I001000        8
072 J001000       44
072 K001000        0
072 L001000       10
072 M001000        1
072 N001000       12
072 O001000        0
072 P001000        0
072 Q001000        0
072 R001000       13
072 S001000       29
072 T001000        0
072 U001000        0
072 V001000        0
072 W001000        4
072 X001000      349
072 Y001000        3
072 Z001000     1197
072AA001000        0
072BB001000      623
072CC011000        0
072CC021000     1496
072DD011000     1197
072DD021000        0
072EE001000        0
<PAGE>      PAGE  47
073 A011000   0.4807
073 A021000   0.0000
073 B001000   0.0000
073 C001000   0.0000
074 A001000       48
074 B001000        0
074 C001000     1099
074 D001000        0
074 E001000    27437
074 F001000        0
074 G001000        0
074 H001000        0
074 I001000        0
074 J001000        0
074 K001000        0
074 L001000      558
074 M001000        1
074 N001000    29143
074 O001000        0
074 P001000       20
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000     1241
074 S001000        0
074 T001000    27882
074 U011000     2490
074 U021000        0
074 V011000    11.20
074 V021000     0.00
074 W001000   0.0000
074 X001000        1
074 Y001000        0
075 A001000        0
075 B001000    32565
076  001000     0.00
SIGNATURE   WENDY MCGEE                                  
TITLE       LEGAL ASSISTANT     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME>  ACCESSOR FUNDS
<SERIES>
       <NUMBER>     1
       <NAME>    ACCESSOR GROWTH
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         22339992
<INVESTMENTS-AT-VALUE>                        23475128
<RECEIVABLES>                                   220362
<ASSETS-OTHER>                                   37335
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                23732825
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       198823
<TOTAL-LIABILITIES>                             198823
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      22265413
<SHARES-COMMON-STOCK>                          1637255
<SHARES-COMMON-PRIOR>                          1364605
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         133453
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1135136
<NET-ASSETS>                                  23534002
<DIVIDEND-INCOME>                               489310
<INTEREST-INCOME>                                 9720
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  315232
<NET-INVESTMENT-INCOME>                         183798
<REALIZED-GAINS-CURRENT>                        426156
<APPREC-INCREASE-CURRENT>                       336229
<NET-CHANGE-FROM-OPS>                           946183
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       183798
<DISTRIBUTIONS-OF-GAINS>                        337033
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       16208450
<NUMBER-OF-SHARES-REDEEMED>                    2443398
<SHARES-REINVESTED>                             358088
<NET-CHANGE-IN-ASSETS>                        14548492
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        44330
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           137674
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 328577
<AVERAGE-NET-ASSETS>                          17946939
<PER-SHARE-NAV-BEGIN>                            13.62
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                            .42
<PER-SHARE-DIVIDEND>                             (.13)
<PER-SHARE-DISTRIBUTIONS>                        (.21)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.37
<EXPENSE-RATIO>                                   1.76
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>     2
       <NAME>    ACCESSOR VALUE & INCOME
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         20237422
<INVESTMENTS-AT-VALUE>                        19921740
<RECEIVABLES>                                   139930
<ASSETS-OTHER>                                   37382
<OTHER-ITEMS-ASSETS>                             50214
<TOTAL-ASSETS>                                20149266
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       149967
<TOTAL-LIABILITIES>                             149967
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      20419869
<SHARES-COMMON-STOCK>                          1537260
<SHARES-COMMON-PRIOR>                          1518150
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (104888)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (315682)
<NET-ASSETS>                                  19999299
<DIVIDEND-INCOME>                               569548
<INTEREST-INCOME>                               113224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  319736
<NET-INVESTMENT-INCOME>                         363036
<REALIZED-GAINS-CURRENT>                       (65638)
<APPREC-INCREASE-CURRENT>                     (632466)
<NET-CHANGE-FROM-OPS>                         (335068)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       363036
<DISTRIBUTIONS-OF-GAINS>                         85498
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       13256790
<NUMBER-OF-SHARES-REDEEMED>                    3958260
<SHARES-REINVESTED>                             259798
<NET-CHANGE-IN-ASSETS>                         8774726
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        46248
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           139199
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 335259
<AVERAGE-NET-ASSETS>                          18111926
<PER-SHARE-NAV-BEGIN>                            12.94
<PER-SHARE-NII>                                    .25
<PER-SHARE-GAIN-APPREC>                          (.51)
<PER-SHARE-DIVIDEND>                             (.25)
<PER-SHARE-DISTRIBUTIONS>                        (.06)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.01
<EXPENSE-RATIO>                                   1.77
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>     3
       <NAME>    ACCESSOR SMALL CAP
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         23924730
<INVESTMENTS-AT-VALUE>                        24146971
<RECEIVABLES>                                   101231
<ASSETS-OTHER>                                   37349
<OTHER-ITEMS-ASSETS>                             21429
<TOTAL-ASSETS>                                24306980
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       158597
<TOTAL-LIABILITIES>                             158597
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      23821812
<SHARES-COMMON-STOCK>                          1714864
<SHARES-COMMON-PRIOR>                          1057975
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         104330
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        222241
<NET-ASSETS>                                  24148383
<DIVIDEND-INCOME>                               216282
<INTEREST-INCOME>                                55842
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  298741
<NET-INVESTMENT-INCOME>                        (26617)
<REALIZED-GAINS-CURRENT>                        233063
<APPREC-INCREASE-CURRENT>                     (750001)
<NET-CHANGE-FROM-OPS>                         (543555)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                        150881
<DISTRIBUTIONS-OTHER>                             7173
<NUMBER-OF-SHARES-SOLD>                       17047470
<NUMBER-OF-SHARES-REDEEMED>                    2121946
<SHARES-REINVESTED>                             133057
<NET-CHANGE-IN-ASSETS>                        14356972
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        22148
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           126375
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 358834
<AVERAGE-NET-ASSETS>                          15054918
<PER-SHARE-NAV-BEGIN>                            13.64
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                          (.59)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.10)
<RETURNS-OF-CAPITAL>                             (.01)
<PER-SHARE-NAV-END>                              14.08
<EXPENSE-RATIO>                                   1.98
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>     4
       <NAME>    ACCESSOR INTERNATIONAL EQUITY
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                          8745024
<INVESTMENTS-AT-VALUE>                         8656436
<RECEIVABLES>                                   111024
<ASSETS-OTHER>                                   65860
<OTHER-ITEMS-ASSETS>                              2387
<TOTAL-ASSETS>                                 8835707
<PAYABLE-FOR-SECURITIES>                       1153794
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       115788
<TOTAL-LIABILITIES>                            1269582
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7695557
<SHARES-COMMON-STOCK>                           648470
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                         4660
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (35143)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (98949)
<NET-ASSETS>                                   7566125
<DIVIDEND-INCOME>                                 9788
<INTEREST-INCOME>                                17911
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   23039
<NET-INVESTMENT-INCOME>                           4660
<REALIZED-GAINS-CURRENT>                       (35143)
<APPREC-INCREASE-CURRENT>                      (98949)
<NET-CHANGE-FROM-OPS>                         (129432)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        7742791
<NUMBER-OF-SHARES-REDEEMED>                      47234
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         7566125
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            12151
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  50279
<AVERAGE-NET-ASSETS>                           5076185
<PER-SHARE-NAV-BEGIN>                            12.00
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                          (.34)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.67
<EXPENSE-RATIO>                                   1.86
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>      5
       <NAME>    ACCESSOR INTERMEDIATE FIXED INCOME
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         32290122
<INVESTMENTS-AT-VALUE>                        30980790
<RECEIVABLES>                                   593769
<ASSETS-OTHER>                                   34746
<OTHER-ITEMS-ASSETS>                              7426
<TOTAL-ASSETS>                                31616731
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       211797
<TOTAL-LIABILITIES>                             211797
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      34706657
<SHARES-COMMON-STOCK>                          2844942
<SHARES-COMMON-PRIOR>                          2680040
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1992391)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1309332)
<NET-ASSETS>                                  31404934
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2059422
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  370915
<NET-INVESTMENT-INCOME>                        1688507
<REALIZED-GAINS-CURRENT>                     (1990090)
<APPREC-INCREASE-CURRENT>                    (1255837)
<NET-CHANGE-FROM-OPS>                        (1557420)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1688507
<DISTRIBUTIONS-OF-GAINS>                         44622
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       10899712
<NUMBER-OF-SHARES-REDEEMED>                    4019836
<SHARES-REINVESTED>                            1173226
<NET-CHANGE-IN-ASSETS>                         4762553
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        42319
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           160736
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 381266
<AVERAGE-NET-ASSETS>                          29879968
<PER-SHARE-NAV-BEGIN>                            11.40
<PER-SHARE-NII>                                    .65
<PER-SHARE-GAIN-APPREC>                         (1.28)
<PER-SHARE-DIVIDEND>                             (.65)
<PER-SHARE-DISTRIBUTIONS>                        (.02)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.04
<EXPENSE-RATIO>                                   1.24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>      6
       <NAME>   ACCESSOSR SHORT INTERMEDIATE FIXED INCOME
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         33254186
<INVESTMENTS-AT-VALUE>                        31817362
<RECEIVABLES>                                   632656
<ASSETS-OTHER>                                   33803
<OTHER-ITEMS-ASSETS>                              5607
<TOTAL-ASSETS>                                32489428
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       256747
<TOTAL-LIABILITIES>                             256747
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      33795560
<SHARES-COMMON-STOCK>                          2773443
<SHARES-COMMON-PRIOR>                          2749331
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (126055)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1436824)
<NET-ASSETS>                                  32232681
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1747792
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  386739
<NET-INVESTMENT-INCOME>                        1361053
<REALIZED-GAINS-CURRENT>                       (78286)
<APPREC-INCREASE-CURRENT>                    (1749488)
<NET-CHANGE-FROM-OPS>                         (466721)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1361051
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        4322681
<NUMBER-OF-SHARES-REDEEMED>                    3606565
<SHARES-REINVESTED>                             776713
<NET-CHANGE-IN-ASSETS>                        (334943)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                     (47771)
<GROSS-ADVISORY-FEES>                           166587
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 398891
<AVERAGE-NET-ASSETS>                          32663658
<PER-SHARE-NAV-BEGIN>                            11.86
<PER-SHARE-NII>                                    .50
<PER-SHARE-GAIN-APPREC>                          (.67)
<PER-SHARE-DIVIDEND>                             (.50)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.62
<EXPENSE-RATIO>                                   1.18
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>     7
       <NAME>    ACCESSOR MORTGAGE SECURITIES
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         34444422
<INVESTMENTS-AT-VALUE>                        33417149
<RECEIVABLES>                                  4887363
<ASSETS-OTHER>                                   33727
<OTHER-ITEMS-ASSETS>                               138
<TOTAL-ASSETS>                                38338377
<PAYABLE-FOR-SECURITIES>                       5023281
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       339793
<TOTAL-LIABILITIES>                            5363074
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      35222617
<SHARES-COMMON-STOCK>                          2903456
<SHARES-COMMON-PRIOR>                          2816292
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1220041)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1027273)
<NET-ASSETS>                                  32975303
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              2105784
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  424474
<NET-INVESTMENT-INCOME>                        1681310
<REALIZED-GAINS-CURRENT>                     (1220042)
<APPREC-INCREASE-CURRENT>                    (1010567)
<NET-CHANGE-FROM-OPS>                         (549299)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1681309
<DISTRIBUTIONS-OF-GAINS>                         26711
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        6478290
<NUMBER-OF-SHARES-REDEEMED>                    2072636
<SHARES-REINVESTED>                            1095786
<NET-CHANGE-IN-ASSETS>                         3244121
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        26711
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           191265
<INTEREST-EXPENSE>                                1081
<GROSS-EXPENSE>                                 437430
<AVERAGE-NET-ASSETS>                          32429905
<PER-SHARE-NAV-BEGIN>                            11.60
<PER-SHARE-NII>                                    .60
<PER-SHARE-GAIN-APPREC>                          (.80)
<PER-SHARE-DIVIDEND>                             (.60)
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.36
<EXPENSE-RATIO>                                   1.31
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>      8
       <NAME>    ACCESSOR US GOVERNMENT
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         11902024
<INVESTMENTS-AT-VALUE>                        11902024
<RECEIVABLES>                                   128843
<ASSETS-OTHER>                                   32187
<OTHER-ITEMS-ASSETS>                            217252
<TOTAL-ASSETS>                                12280306
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       272247
<TOTAL-LIABILITIES>                             272247
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      12008314
<SHARES-COMMON-STOCK>                         12008314
<SHARES-COMMON-PRIOR>                         19175654
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (255)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                  12008059
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               671440
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   76828
<NET-INVESTMENT-INCOME>                         594612
<REALIZED-GAINS-CURRENT>                          2570
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           597182
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       594612
<DISTRIBUTIONS-OF-GAINS>                          3508
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        7519051
<NUMBER-OF-SHARES-REDEEMED>                   22343971
<SHARES-REINVESTED>                             141135
<NET-CHANGE-IN-ASSETS>                      (14684723)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          683
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            42682
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 214894
<AVERAGE-NET-ASSETS>                          16961068
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                    .45
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>      9
       <NAME>    ACCESSOR MUNICIPAL FIXED INCOME
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         14084495
<INVESTMENTS-AT-VALUE>                        13117102
<RECEIVABLES>                                   385948
<ASSETS-OTHER>                                     292
<OTHER-ITEMS-ASSETS>                             53098
<TOTAL-ASSETS>                                13556440
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       148694
<TOTAL-LIABILITIES>                             148694
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      14616703
<SHARES-COMMON-STOCK>                          1221828
<SHARES-COMMON-PRIOR>                          1187059
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (241564)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (967393)
<NET-ASSETS>                                  13407746
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               603828
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  135610
<NET-INVESTMENT-INCOME>                         468218
<REALIZED-GAINS-CURRENT>                      (241564)
<APPREC-INCREASE-CURRENT>                     (967393)
<NET-CHANGE-FROM-OPS>                         (740739)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       468218
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       15684381
<NUMBER-OF-SHARES-REDEEMED>                    1320227
<SHARES-REINVESTED>                             252549
<NET-CHANGE-IN-ASSETS>                        13407746
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            65868
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 250605
<AVERAGE-NET-ASSETS>                          13392188
<PER-SHARE-NAV-BEGIN>                            11.29
<PER-SHARE-NII>                                    .39
<PER-SHARE-GAIN-APPREC>                         (1.03)
<PER-SHARE-DIVIDEND>                             (.39)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.97
<EXPENSE-RATIO>                                   1.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000876603
<NAME> ACCESSOR FUNDS
<SERIES>
       <NUMBER>      10
       <NAME>    ACCESSOR INSTITUTIONAL INVESTOR
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1994
<PERIOD-END>                               DEC-31-1994
<INVESTMENTS-AT-COST>                         30032205
<INVESTMENTS-AT-VALUE>                        28536336
<RECEIVABLES>                                   557648
<ASSETS-OTHER>                                     729
<OTHER-ITEMS-ASSETS>                             48010
<TOTAL-ASSETS>                                29142723
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1261108
<TOTAL-LIABILITIES>                            1261108
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      30000000
<SHARES-COMMON-STOCK>                          2490046
<SHARES-COMMON-PRIOR>                          2916617
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (622516)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1495869)
<NET-ASSETS>                                  27881615
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              1542747
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  345772
<NET-INVESTMENT-INCOME>                        1196975
<REALIZED-GAINS-CURRENT>                      (622516)
<APPREC-INCREASE-CURRENT>                    (1495869)
<NET-CHANGE-FROM-OPS>                         (921410)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      1196975
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       35000000
<NUMBER-OF-SHARES-REDEEMED>                    5000000
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        27881615
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           160667
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 349047
<AVERAGE-NET-ASSETS>                          32564755
<PER-SHARE-NAV-BEGIN>                            11.64
<PER-SHARE-NII>                                    .48
<PER-SHARE-GAIN-APPREC>                          (.80)
<PER-SHARE-DIVIDEND>                             (.48)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.20
<EXPENSE-RATIO>                                   1.09
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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