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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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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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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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074 V020800 0.00
074 W000800 0.9999
074 X000800 114
074 Y000800 0
075 A000800 48493
075 B000800 0
076 000800 0.00
SIGNATURE STEVEN T MCCABE
TITLE ASSISTANT VP
[ARTICLE] 6
[SERIES]
[NUMBER] 05
[NAME] INTERMEDIATE FIXED-INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 45,757,613
[INVESTMENTS-AT-VALUE] 46,786,109
[RECEIVABLES] 1,260,950
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 48,047,059
[PAYABLE-FOR-SECURITIES] 2,139,530
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 275,184
[TOTAL-LIABILITIES] 2,414,714
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 44,935,571
[SHARES-COMMON-STOCK] 3,708,465
[SHARES-COMMON-PRIOR] 4,528,468
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (204)
[ACCUMULATED-NET-GAINS] 1,023,054
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (326,076)
[NET-ASSETS] 45,632,345
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,623,307
[OTHER-INCOME] 0
[EXPENSES-NET] 206,987
[NET-INVESTMENT-INCOME] 1,416,320
[REALIZED-GAINS-CURRENT] 1,054,783
[APPREC-INCREASE-CURRENT] (654,524)
[NET-CHANGE-FROM-OPS] 1,816,579
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (1,416,524)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,309,926
[NUMBER-OF-SHARES-REDEEMED] (2,170,269)
[SHARES-REINVESTED] 40,340
[NET-CHANGE-IN-ASSETS] (9,564,565)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (1,380,859)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 119,469
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 206,987
[AVERAGE-NET-ASSETS] 51,501,545
[PER-SHARE-NAV-BEGIN] 12.19
[PER-SHARE-NII] .34
[PER-SHARE-GAIN-APPREC] .11
[PER-SHARE-DIVIDEND] (.34)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.30
[EXPENSE-RATIO] .81
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 1
[NAME] GROWTH PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 93,184,011
[INVESTMENTS-AT-VALUE] 122,290,052
[RECEIVABLES] 687,297
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 122,977,349
[PAYABLE-FOR-SECURITIES] 170,393
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,028,533
[TOTAL-LIABILITIES] 1,198,926
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 84,297,336
[SHARES-COMMON-STOCK] 4,671,696
[SHARES-COMMON-PRIOR] 4,074,644
[ACCUMULATED-NII-CURRENT] 1,474
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 8,373,571
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 29,106,042
[NET-ASSETS] 121,778,423
[DIVIDEND-INCOME] 546,984
[INTEREST-INCOME] 38,804
[OTHER-INCOME] 0
[EXPENSES-NET] 474,816
[NET-INVESTMENT-INCOME] 110,972
[REALIZED-GAINS-CURRENT] 8,530,223
[APPREC-INCREASE-CURRENT] 13,496,592
[NET-CHANGE-FROM-OPS] 22,137,787
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (111,215)
[DISTRIBUTIONS-OF-GAINS] (2,627,316)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,573,282
[NUMBER-OF-SHARES-REDEEMED] (1,049,576)
[SHARES-REINVESTED] 73,346
[NET-CHANGE-IN-ASSETS] 33,871,417
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 2,470,664
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 330,345
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 474,816
[AVERAGE-NET-ASSETS] 105,365,771
[PER-SHARE-NAV-BEGIN] 21.57
[PER-SHARE-NII] .02
[PER-SHARE-GAIN-APPREC] 5.07
[PER-SHARE-DIVIDEND] (0.02)
[PER-SHARE-DISTRIBUTIONS] (0.57)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 26.07
[EXPENSE-RATIO] .91
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 04
[NAME] INTERNATIONAL EQUITY PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 146,430,882
[INVESTMENTS-AT-VALUE] 181,303,912
[RECEIVABLES] 3,581,927
[ASSETS-OTHER] 22,849
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 184,908,688
[PAYABLE-FOR-SECURITIES] 5,606,138
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 175,296
[TOTAL-LIABILITIES] 1,464,805
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 138,221,859
[SHARES-COMMON-STOCK] 10,232,491
[SHARES-COMMON-PRIOR] 10,213,260
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 5,795,164
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 33,235,429
[NET-ASSETS] 177,662,449
[DIVIDEND-INCOME] 1,543,562
[INTEREST-INCOME] 155,089
[OTHER-INCOME] 0
[EXPENSES-NET] 1,288,654
[NET-INVESTMENT-INCOME] 409,997
[REALIZED-GAINS-CURRENT] 5,997,871
[APPREC-INCREASE-CURRENT] 20,348,571
[NET-CHANGE-FROM-OPS] 26,759,723
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,587,276
[NUMBER-OF-SHARES-REDEEMED] (3,568,044)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 26,221,318
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 6,311,597
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 977,033
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,288,654
[AVERAGE-NET-ASSETS] 171,477,177
[PER-SHARE-NAV-BEGIN] 14.83
[PER-SHARE-NII] .02
[PER-SHARE-GAIN-APPREC] 2.51
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 17.26
[EXPENSE-RATIO] 1.52
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 01
[NAME] MORTGAGE SECURITIES PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 143,379,546
[INVESTMENTS-AT-VALUE] 145,453,550
[RECEIVABLES] 28,715,288
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 174,168,838
[PAYABLE-FOR-SECURITIES] 23,296,262
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 48,846
[TOTAL-LIABILITIES] 14,844,592
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 133,032,956
[SHARES-COMMON-STOCK] 10,757,677
[SHARES-COMMON-PRIOR] 8,712,125
[ACCUMULATED-NII-CURRENT] 5,663
[OVERDISTRIBUTION-NII] (32,946)
[ACCUMULATED-NET-GAINS] 1,157,808
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,821,320
[NET-ASSETS] 135,979,135
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 4,100,045
[OTHER-INCOME] 0
[EXPENSES-NET] 543,881
[NET-INVESTMENT-INCOME] 3,556,164
[REALIZED-GAINS-CURRENT] 1,182,344
[APPREC-INCREASE-CURRENT] (616,076)
[NET-CHANGE-FROM-OPS] 540,458
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (3,551,564)
[DISTRIBUTIONS-OF-GAINS] (302,445)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,961,254
[NUMBER-OF-SHARES-REDEEMED] (975,515)
[SHARES-REINVESTED] 59,813
[NET-CHANGE-IN-ASSETS] 26,232,091
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 303,719
[OVERDISTRIB-NII-PRIOR] (37,546)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 379,258
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 543,881
[AVERAGE-NET-ASSETS] 129,774,320
[PER-SHARE-NAV-BEGIN] 12.60
[PER-SHARE-NII] .34
[PER-SHARE-GAIN-APPREC] .07
[PER-SHARE-DIVIDEND] (.34)
[PER-SHARE-DISTRIBUTIONS] (.03)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.64
[EXPENSE-RATIO] .85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 06
[NAME] SHORT INTERMEDIATE FIXED-INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 46,174,812
[INVESTMENTS-AT-VALUE] 46,314,549
[RECEIVABLES] 967,991
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 47,282,540
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 30,242
[TOTAL-LIABILITIES] 227,781
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 46,662,627
[SHARES-COMMON-STOCK] 3,827,588
[SHARES-COMMON-PRIOR] 3,337,535
[ACCUMULATED-NII-CURRENT] 57
[OVERDISTRIBUTION-NII] (4,249)
[ACCUMULATED-NET-GAINS] (44,333)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 440,714
[NET-ASSETS] 47,054,759
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,329,997
[OTHER-INCOME] 0
[EXPENSES-NET] 188,514
[NET-INVESTMENT-INCOME] 1,141,483
[REALIZED-GAINS-CURRENT] 3,412
[APPREC-INCREASE-CURRENT] 51,028
[NET-CHANGE-FROM-OPS] 54,440
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (1,141,313)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 936,913
[NUMBER-OF-SHARES-REDEEMED] (463,091)
[SHARES-REINVESTED] 16,231
[NET-CHANGE-IN-ASSETS] 6,112,717
[ACCUMULATED-NII-PRIOR] (4,419)
[ACCUMULATED-GAINS-PRIOR] (47,745)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 103,062
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 188,514
[AVERAGE-NET-ASSETS] 45,388,034
[PER-SHARE-NAV-BEGIN] 12.27
[PER-SHARE-NII] .31
[PER-SHARE-GAIN-APPREC] .02
[PER-SHARE-DIVIDEND] (.31)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.29
[EXPENSE-RATIO] .84
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 03
[NAME] SMALL TO MID CAP PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 185,979,987
[INVESTMENTS-AT-VALUE] 214,276,344
[RECEIVABLES] 8,131,322
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 222,407,666
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 4,502,683
[TOTAL-LIABILITIES] 4,502,683
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 171,297,664
[SHARES-COMMON-STOCK] 8,968,055
[SHARES-COMMON-PRIOR] 5,739,844
[ACCUMULATED-NII-CURRENT] (185,494)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 14,890,223
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 31,796,590
[NET-ASSETS] 217,904,983
[DIVIDEND-INCOME] 770,105
[INTEREST-INCOME] 166,434
[OTHER-INCOME] 0
[EXPENSES-NET] 1,019,338
[NET-INVESTMENT-INCOME] (82,799)
[REALIZED-GAINS-CURRENT] 14,886,028
[APPREC-INCREASE-CURRENT] 8,486,206
[NET-CHANGE-FROM-OPS] 23,289,435
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 6,307,402
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,813,864
[NUMBER-OF-SHARES-REDEEMED] (703,070)
[SHARES-REINVESTED] 117,417
[NET-CHANGE-IN-ASSETS] 92,683,545
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 6,311,597
[OVERDISTRIB-NII-PRIOR] (102,695)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 830,950
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,019,338
[AVERAGE-NET-ASSETS] 182,650,432
[PER-SHARE-NAV-BEGIN] 21.82
[PER-SHARE-NII] 0
[PER-SHARE-GAIN-APPREC] 3.19
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (.71)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 24.30
[EXPENSE-RATIO] 1.13
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 08
[NAME] U.S. GOVERNMENT MONEY PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 45,560,320
[INVESTMENTS-AT-VALUE] 48,50,320
[RECEIVABLES] 17,960
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 48,578,280
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 227,892
[TOTAL-LIABILITIES] 227,892
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 48,355,223
[SHARES-COMMON-STOCK] 48,355,646
[SHARES-COMMON-PRIOR] 50,915,165
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] (4,849)
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 48,350,388
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,326,012
[OTHER-INCOME] 0
[EXPENSES-NET] 134,952
[NET-INVESTMENT-INCOME] 1,191,060
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 1,191,060
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,191,046
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 58,303,363
[NUMBER-OF-SHARES-REDEEMED] (60,931,297)
[SHARES-REINVESTED] 68,416
[NET-CHANGE-IN-ASSETS] (2,559,505)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (4,849)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 60,248
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 134,952
[AVERAGE-NET-ASSETS] 48,592,912
[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] .56
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 02
[NAME] VALUE & INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 109,401,210
[INVESTMENTS-AT-VALUE] 123,775,514
[RECEIVABLES] 943,581
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 124,719,095
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 889,842
[TOTAL-LIABILITIES] 889,842
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 98,741,626
[SHARES-COMMON-STOCK] 5,379,221
[SHARES-COMMON-PRIOR] 3,884,680
[ACCUMULATED-NII-CURRENT] 125
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 10,528,936
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 14,558,566
[NET-ASSETS] 123,829,253
[DIVIDEND-INCOME] 947,263
[INTEREST-INCOME] 221,155
[OTHER-INCOME] 0
[EXPENSES-NET] 542,311
[NET-INVESTMENT-INCOME] 626,107
[REALIZED-GAINS-CURRENT] 10,584,491
[APPREC-INCREASE-CURRENT] 126,196
[NET-CHANGE-FROM-OPS] 11,336,794
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (626,241)
[DISTRIBUTIONS-OF-GAINS] (1,257,089)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,150,697
[NUMBER-OF-SHARES-REDEEMED] (701,366)
[SHARES-REINVESTED] 45,209
[NET-CHANGE-IN-ASSETS] 42,702,631
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 1,201,534
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 413,403
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 542,311
[AVERAGE-NET-ASSETS] 108,514,871
[PER-SHARE-NAV-BEGIN] 20.88
[PER-SHARE-NII] .12
[PER-SHARE-GAIN-APPREC] 2.37
[PER-SHARE-DIVIDEND] (.12)
[PER-SHARE-DISTRIBUTIONS] (.24)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.02
[EXPENSE-RATIO] 1.01
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
