AON FUNDS
NSAR-A, 1998-06-26
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<PAGE>      PAGE  1
000 A000000 04/30/98
000 C000000 0000879752
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AON FUNDS
001 B000000 811-6422
001 C000000 8002663637
002 A000000 123 NORTH WACKER DRIVE
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 ASSET ALLOCATION FUND
007 C030200 N
007 C010300  3
007 C020300 GOVERNMENT SECURITIES FUND
007 C030300 N
007 C010400  4
007 C020400 S&P 500 INDEX FUND
007 C030400 N
007 C010500  5
007 C020500 REIT INDEX FUND
007 C030500 N
007 C010600  6
007 C020600 INTERNATIONAL EQUITY FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 DONALDSON LUFKIN JENSON - PERSHING
020 B000001 13-2741729
020 C000001    154
020 A000002 SMITH BARNEY INC
020 B000002 13-1912900
020 C000002     16
020 A000003 DRESDNER SECURITIES
<PAGE>      PAGE  2
020 B000003 13-3894311
020 C000003     15
020 A000004 INSTINET
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020 C000004     15
020 A000005 LEHMAN BROTHERS
020 B000005 13-2726611
020 C000005     12
020 A000006 ALEX BROWN & SONS
020 B000006 52-1319768
020 C000006     12
020 A000007 PRUDENTIAL SECURITIES
020 B000007 22-2347336
020 C000007      9
020 A000008 JEFFRIES
020 B000008 95-2622900
020 C000008      8
020 A000009 MORGAN STANLEY & COMPANY
020 B000009 13-2655998
020 C000009      8
020 A000010 FIRST BOSTON
020 B000010 13-5659485
020 C000010      7
021  000000      328
022 A000001 MERRILL LYNCH
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022 C000001   1786114
022 D000001    157103
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002   1611618
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022 A000003 FIRST CHICAGO CAPITAL MARKETS
022 B000003 36-3595942
022 C000003   1005045
022 D000003    141605
022 A000004 CHASE MANHATTAN
022 B000004 13-4994650
022 C000004    452787
022 D000004      9978
022 A000005 AMERICAN EXPRESS
022 B000005 11-1988350
022 C000005    361351
022 D000005     40101
022 A000006 HARRIS-NESBITT THOMAS
022 B000006 13-2620737
022 C000006    269226
022 D000006         0
022 A000007 ASSOCIATES CORPORATION
022 B000007 74-1494554
022 C000007    144749
<PAGE>      PAGE  3
022 D000007     26973
022 A000008 WILLIAMS CAPITAL GROUP
022 B000008 13-3747879
022 C000008    117456
022 D000008     19950
022 A000009 FORD MOTOR CREDIT COMPANY
022 B000009 38-1612444
022 C000009     82876
022 D000009     11555
022 A000010 HOUSEHOLD FINANCE CORP
022 B000010 36-1239445
022 C000010     73108
022 D000010      9949
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023 D000000     584065
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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
028 G040200     29920
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055 A000200 N
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070 A010200 Y
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070 J010200 Y
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<PAGE>      PAGE  8
070 N020200 N
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<PAGE>      PAGE  9
074 B000200        0
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<PAGE>      PAGE  10
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055 A000300 N
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070 A010300 Y
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070 H020300 N
070 I010300 N
<PAGE>      PAGE  11
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
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<PAGE>      PAGE  12
072CC010300        0
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
070 E020400 N
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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055 A000500 N
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
055 A000600 Y
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056  000600 Y
057  000600 N
062 A000600 N
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
062 N000600   0.0
062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
071 A000600     17897
071 B000600     13206
071 C000600     53110
071 D000600   25
072 A000600  6
072 B000600      110
072 C000600      528
072 D000600        0
072 E000600        0
072 F000600      268
072 G000600       14
072 H000600        0
072 I000600        6
072 J000600       82
072 K000600        0
072 L000600        0
072 M000600        1
072 N000600        4
072 O000600        0
072 P000600        0
072 Q000600       36
072 R000600        2
072 S000600        3
072 T000600        0
072 U000600        0
072 V000600        0
072 W000600        0
072 X000600      416
072 Y000600       99
<PAGE>      PAGE  20
072 Z000600      321
072AA000600     2769
072BB000600     2152
072CC010600     6188
072CC020600        0
072DD010600     2001
072DD020600        0
072EE000600      563
073 A010600   0.4280
073 A020600   0.0000
073 B000600   0.1205
073 C000600   0.0000
074 A000600      584
074 B000600        0
074 C000600     4572
074 D000600        0
074 E000600        0
074 F000600    60823
074 G000600        0
074 H000600        0
074 I000600        0
074 J000600      327
074 K000600        0
074 L000600      240
074 M000600        0
074 N000600    66546
074 O000600      675
074 P000600       96
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600      571
074 S000600        0
074 T000600    65204
074 U010600     5354
074 U020600        0
074 V010600    12.18
074 V020600     0.00
074 W000600   0.0000
074 X000600      136
074 Y000600        0
075 A000600        0
075 B000600    56812
076  000600     0.00
SIGNATURE   BRIAN LAWRENCE                               
TITLE       CONTROLLER          
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> MONEY MARKET FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                          829,243
<INVESTMENTS-AT-VALUE>                         829,243
<RECEIVABLES>                                    2,402
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 831,646
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        4,067
<TOTAL-LIABILITIES>                              4,067
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       827,579
<SHARES-COMMON-STOCK>                          827,579
<SHARES-COMMON-PRIOR>                          766,356
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                   827,579
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               21,583
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     785
<NET-INVESTMENT-INCOME>                         20,798
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           20,798
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       20,798
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,845,965
<NUMBER-OF-SHARES-REDEEMED>                  3,793,519
<SHARES-REINVESTED>                              8,777
<NET-CHANGE-IN-ASSETS>                          61,223
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            1,152
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  1,553
<AVERAGE-NET-ASSETS>                           774,318
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                              0.03
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> ASSET ALLOCATION FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                          214,192
<INVESTMENTS-AT-VALUE>                         276,106
<RECEIVABLES>                                    1,214
<ASSETS-OTHER>                                      24
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 277,344
<PAYABLE-FOR-SECURITIES>                         1,309
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          219
<TOTAL-LIABILITIES>                              1,528
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       210,074
<SHARES-COMMON-STOCK>                           15,247
<SHARES-COMMON-PRIOR>                            9,934
<ACCUMULATED-NII-CURRENT>                          584
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          3,244
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        61,914
<NET-ASSETS>                                   275,816
<DIVIDEND-INCOME>                                1,876
<INTEREST-INCOME>                                1,071
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     371
<NET-INVESTMENT-INCOME>                          2,576
<REALIZED-GAINS-CURRENT>                         2,672
<APPREC-INCREASE-CURRENT>                       23,179
<NET-CHANGE-FROM-OPS>                           28,427
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        2,263
<DISTRIBUTIONS-OF-GAINS>                         5,607
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          6,573
<NUMBER-OF-SHARES-REDEEMED>                      1,729
<SHARES-REINVESTED>                                469
<NET-CHANGE-IN-ASSETS>                         110,931
<ACCUMULATED-NII-PRIOR>                            271
<ACCUMULATED-GAINS-PRIOR>                        6,179
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    788
<AVERAGE-NET-ASSETS>                           211,278
<PER-SHARE-NAV-BEGIN>                            16.60
<PER-SHARE-NII>                                   0.20
<PER-SHARE-GAIN-APPREC>                           2.03
<PER-SHARE-DIVIDEND>                              0.19
<PER-SHARE-DISTRIBUTIONS>                         0.55
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.09
<EXPENSE-RATIO>                                   0.36
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> GOVERNMENT SECURITIES FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                           98,998
<INVESTMENTS-AT-VALUE>                         100,041
<RECEIVABLES>                                   30,713
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 130,754
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          666
<TOTAL-LIABILITIES>                                666
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       126,235
<SHARES-COMMON-STOCK>                           12,262
<SHARES-COMMON-PRIOR>                            9,954
<ACCUMULATED-NII-CURRENT>                           21
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          2,789
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         1,043
<NET-ASSETS>                                   130,088
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                3,564
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     136
<NET-INVESTMENT-INCOME>                          3,428
<REALIZED-GAINS-CURRENT>                         3,232
<APPREC-INCREASE-CURRENT>                      (2,019)
<NET-CHANGE-FROM-OPS>                            4,641
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        3,416
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          2,355
<NUMBER-OF-SHARES-REDEEMED>                        369
<SHARES-REINVESTED>                                322
<NET-CHANGE-IN-ASSETS>                          25,703
<ACCUMULATED-NII-PRIOR>                              9
<ACCUMULATED-GAINS-PRIOR>                        (443)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              262
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    339
<AVERAGE-NET-ASSETS>                           119,791
<PER-SHARE-NAV-BEGIN>                            10.49
<PER-SHARE-NII>                                   0.30
<PER-SHARE-GAIN-APPREC>                           0.12
<PER-SHARE-DIVIDEND>                              0.30
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.61
<EXPENSE-RATIO>                                   0.23
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> S & P 500 INDEX FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                          193,841
<INVESTMENTS-AT-VALUE>                         250,146
<RECEIVABLES>                                      247
<ASSETS-OTHER>                                      33
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 250,426
<PAYABLE-FOR-SECURITIES>                           352
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       16,467
<TOTAL-LIABILITIES>                             16,819
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       174,198
<SHARES-COMMON-STOCK>                           14,138
<SHARES-COMMON-PRIOR>                            8,382
<ACCUMULATED-NII-CURRENT>                        1,324
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          1,801
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        56,284
<NET-ASSETS>                                   233,607
<DIVIDEND-INCOME>                                1,360
<INTEREST-INCOME>                                  546
<OTHER-INCOME>                                       1
<EXPENSES-NET>                                     208
<NET-INVESTMENT-INCOME>                          1,699
<REALIZED-GAINS-CURRENT>                         1,717
<APPREC-INCREASE-CURRENT>                       36,037
<NET-CHANGE-FROM-OPS>                           39,453
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        1,957
<DISTRIBUTIONS-OF-GAINS>                         4,165
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          8,334
<NUMBER-OF-SHARES-REDEEMED>                      3,005
<SHARES-REINVESTED>                                427
<NET-CHANGE-IN-ASSETS>                         114,995
<ACCUMULATED-NII-PRIOR>                          1,582
<ACCUMULATED-GAINS-PRIOR>                        4,249
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              296
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    405
<AVERAGE-NET-ASSETS>                           200,244
<PER-SHARE-NAV-BEGIN>                            14.15
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           2.95
<PER-SHARE-DIVIDEND>                              0.23
<PER-SHARE-DISTRIBUTIONS>                         0.48
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.52
<EXPENSE-RATIO>                                   0.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> REIT INDEX FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                           63,217
<INVESTMENTS-AT-VALUE>                          73,521
<RECEIVABLES>                                      145
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  73,666
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          612
<TOTAL-LIABILITIES>                                612
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        61,688
<SHARES-COMMON-STOCK>                            5,566
<SHARES-COMMON-PRIOR>                            7,299
<ACCUMULATED-NII-CURRENT>                        1,200
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (138)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        10,304
<NET-ASSETS>                                    73,054
<DIVIDEND-INCOME>                                2,375
<INTEREST-INCOME>                                    9
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     118
<NET-INVESTMENT-INCOME>                          2,266
<REALIZED-GAINS-CURRENT>                          (60)
<APPREC-INCREASE-CURRENT>                      (2,894)
<NET-CHANGE-FROM-OPS>                            (688)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        3,388
<DISTRIBUTIONS-OF-GAINS>                           672
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            988
<NUMBER-OF-SHARES-REDEEMED>                      3,017
<SHARES-REINVESTED>                                296
<NET-CHANGE-IN-ASSETS>                        (26,845)
<ACCUMULATED-NII-PRIOR>                          2,322
<ACCUMULATED-GAINS-PRIOR>                          594
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              290
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    360
<AVERAGE-NET-ASSETS>                            97,869
<PER-SHARE-NAV-BEGIN>                            13.69
<PER-SHARE-NII>                                   0.35
<PER-SHARE-GAIN-APPREC>                         (0.37)
<PER-SHARE-DIVIDEND>                              0.46
<PER-SHARE-DISTRIBUTIONS>                         0.09
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.12
<EXPENSE-RATIO>                                   0.24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> INTERNATIONAL EQUITY FUND
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                             NOV-01-1997
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                           57,661
<INVESTMENTS-AT-VALUE>                          65,395
<RECEIVABLES>                                      567
<ASSETS-OTHER>                                     584
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  66,546
<PAYABLE-FOR-SECURITIES>                           675
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          667
<TOTAL-LIABILITIES>                              1,342
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        57,135
<SHARES-COMMON-STOCK>                            5,354
<SHARES-COMMON-PRIOR>                            4,687
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             105
<ACCUMULATED-NET-GAINS>                            620
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         7,554
<NET-ASSETS>                                    65,204
<DIVIDEND-INCOME>                                  528
<INTEREST-INCOME>                                  110
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     317
<NET-INVESTMENT-INCOME>                            321
<REALIZED-GAINS-CURRENT>                           617
<APPREC-INCREASE-CURRENT>                        6,188
<NET-CHANGE-FROM-OPS>                            7,126
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        2,001
<DISTRIBUTIONS-OF-GAINS>                           563
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          1,559
<NUMBER-OF-SHARES-REDEEMED>                      1,130
<SHARES-REINVESTED>                                238
<NET-CHANGE-IN-ASSETS>                          12,061
<ACCUMULATED-NII-PRIOR>                          1,577
<ACCUMULATED-GAINS-PRIOR>                          564
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              268
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    416
<AVERAGE-NET-ASSETS>                            57,094
<PER-SHARE-NAV-BEGIN>                            11.34
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           1.32
<PER-SHARE-DIVIDEND>                              0.43
<PER-SHARE-DISTRIBUTIONS>                         0.12
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.18
<EXPENSE-RATIO>                                   1.12
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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