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<PAGE> PAGE 2
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<PAGE> PAGE 3
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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 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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TITLE SECRETARY
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<LEGEND>
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<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
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<NAME> LIMITED TERM U.S. GOVERNMENT FUND
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<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
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<TABLE> <S> <C>
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<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
Pyramid Preservation Plus Fund Semiannual Report dated March 31, 1998, and
is qualified in its entirety by reference to such Semiannual Report.
</LEGEND>
<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
<SERIES>
<NUMBER> 6
<NAME> PRESERVATION PLUS FUND INSTITUTIONAL CLASS
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<TABLE> <S> <C>
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<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
Pyramid Preservation Plus Fund Semiannual Report dated March 31, 1998, and
is qualified in its entirety by reference to such Semiannual Report.
</LEGEND>
<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
<SERIES>
<NUMBER> 6
<NAME> PRESERVATION PLUS INVESTMENT CLASS
<S> <C>
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