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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 7
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<PAGE> PAGE 9
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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 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
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070 J020400 N
070 K010400 Y
070 K020400 Y
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070 L020400 N
070 M010400 N
070 M020400 N
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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
062 I000500 0.0
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067 000500 N
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069 000500 N
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070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
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<PAGE> PAGE 26
070 O010500 Y
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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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008 A000701 BRANCH BANKING AND TRUST COMPANY
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<PAGE> PAGE 32
008 D020701 NC
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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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SIGNATURE RICHARD CLEMENS
TITLE FIN REPTG SUPERVISOR
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 51,314
<INVESTMENTS-AT-VALUE> 51,455
<RECEIVABLES> 944
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52,405
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298
<TOTAL-LIABILITIES> 298
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53,283
<SHARES-COMMON-STOCK> 5,270
<SHARES-COMMON-PRIOR> 5,053
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,318
<ACCUM-APPREC-OR-DEPREC> 141
<NET-ASSETS> 52,106
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,395
<OTHER-INCOME> 0
<EXPENSES-NET> 491
<NET-INVESTMENT-INCOME> 2,904
<REALIZED-GAINS-CURRENT> (1,125)
<APPREC-INCREASE-CURRENT> 2,643
<NET-CHANGE-FROM-OPS> 4,422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,904
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,718
<NUMBER-OF-SHARES-REDEEMED> 1,581
<SHARES-REINVESTED> 80
<NET-CHANGE-IN-ASSETS> 3,553
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 192
<GROSS-ADVISORY-FEES> 303
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 585
<AVERAGE-NET-ASSETS> 50,581
<PER-SHARE-NAV-BEGIN> 9.60
<PER-SHARE-NII> 0.53
<PER-SHARE-GAIN-APPREC> 0.29
<PER-SHARE-DIVIDEND> 0.54
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.17
<AVG-DEBT-OUTSTANDING> [BLANK]
<AVG-DEBT-PER-SHARE> [BLANK]
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 022
<NAME> SHORT INTERMEDIATE U.S. GOVERNMENT INCOME FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 51,314
<INVESTMENTS-AT-VALUE> 51,455
<RECEIVABLES> 944
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52,405
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298
<TOTAL-LIABILITIES> 298
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53,283
<SHARES-COMMON-STOCK> 5,270
<SHARES-COMMON-PRIOR> 5,053
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,318
<ACCUM-APPREC-OR-DEPREC> 141
<NET-ASSETS> 52,106
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,395
<OTHER-INCOME> 0
<EXPENSES-NET> 491
<NET-INVESTMENT-INCOME> 2,904
<REALIZED-GAINS-CURRENT> (1,125)
<APPREC-INCREASE-CURRENT> 2,643
<NET-CHANGE-FROM-OPS> 4,422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,904
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,718
<NUMBER-OF-SHARES-REDEEMED> 1,581
<SHARES-REINVESTED> 80
<NET-CHANGE-IN-ASSETS> 3,553
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 192
<GROSS-ADVISORY-FEES> 303
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 585
<AVERAGE-NET-ASSETS> 50,581
<PER-SHARE-NAV-BEGIN> 9.61
<PER-SHARE-NII> 0.56
<PER-SHARE-GAIN-APPREC> 0.28
<PER-SHARE-DIVIDEND> 0.56
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.89
<EXPENSE-RATIO> 0.93
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 031
<NAME> INTERMEDIATE U.S. GOVERNMENT BOND FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 81,824
<INVESTMENTS-AT-VALUE> 83,047
<RECEIVABLES> 1,197
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 84,246
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 494
<TOTAL-LIABILITIES> 494
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 83,740
<SHARES-COMMON-STOCK> 8,468
<SHARES-COMMON-PRIOR> 8,055
<ACCUMULATED-NII-CURRENT> 6
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,217
<ACCUM-APPREC-OR-DEPREC> 1,223
<NET-ASSETS> 83,752
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,705
<OTHER-INCOME> 0
<EXPENSES-NET> 680
<NET-INVESTMENT-INCOME> 5,025
<REALIZED-GAINS-CURRENT> (1,194)
<APPREC-INCREASE-CURRENT> 5,833
<NET-CHANGE-FROM-OPS> 9,663
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,025
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,420
<NUMBER-OF-SHARES-REDEEMED> 2,420
<SHARES-REINVESTED> 414
<NET-CHANGE-IN-ASSETS> 8,529
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 17
<GROSS-ADVISORY-FEES> 470
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 811
<AVERAGE-NET-ASSETS> 78,323
<PER-SHARE-NAV-BEGIN> 9.33
<PER-SHARE-NII> 0.59
<PER-SHARE-GAIN-APPREC> 0.55
<PER-SHARE-DIVIDEND> 0.59
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.88
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> [BLANK]
<AVG-DEBT-PER-SHARE> [BLANK]
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 032
<NAME> INTERMEDIATE U.S. GOVERNMENT BOND FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 81,824
<INVESTMENTS-AT-VALUE> 83,047
<RECEIVABLES> 1,197
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 84,246
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 494
<TOTAL-LIABILITIES> 494
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 83,740
<SHARES-COMMON-STOCK> 8,468
<SHARES-COMMON-PRIOR> 8,055
<ACCUMULATED-NII-CURRENT> 6
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 1,217
<ACCUM-APPREC-OR-DEPREC> 1,223
<NET-ASSETS> 83,752
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,705
<OTHER-INCOME> 0
<EXPENSES-NET> 680
<NET-INVESTMENT-INCOME> 5,025
<REALIZED-GAINS-CURRENT> (1,194)
<APPREC-INCREASE-CURRENT> 5,833
<NET-CHANGE-FROM-OPS> 9,663
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5,025
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,420
<NUMBER-OF-SHARES-REDEEMED> 2,420
<SHARES-REINVESTED> 414
<NET-CHANGE-IN-ASSETS> 8,529
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 17
<GROSS-ADVISORY-FEES> 470
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 811
<AVERAGE-NET-ASSETS> 78,323
<PER-SHARE-NAV-BEGIN> 9.34
<PER-SHARE-NII> 0.61
<PER-SHARE-GAIN-APPREC> 0.55
<PER-SHARE-DIVIDEND> 0.61
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.89
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 041
<NAME> N.C. INTERMEDIATE TAX FREE FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 36,058
<INVESTMENTS-AT-VALUE> 36,466
<RECEIVABLES> 479
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36,951
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 143
<TOTAL-LIABILITIES> 143
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,478
<SHARES-COMMON-STOCK> 3,626
<SHARES-COMMON-PRIOR> 3,971
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 78
<ACCUM-APPREC-OR-DEPREC> 408
<NET-ASSETS> 36,808
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,772
<OTHER-INCOME> 0
<EXPENSES-NET> 356
<NET-INVESTMENT-INCOME> 1,416
<REALIZED-GAINS-CURRENT> (79)
<APPREC-INCREASE-CURRENT> 1,484
<NET-CHANGE-FROM-OPS> 2,822
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,416
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,108
<NUMBER-OF-SHARES-REDEEMED> 1,481
<SHARES-REINVESTED> 28
<NET-CHANGE-IN-ASSETS> 2,046
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 277
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 473
<AVERAGE-NET-ASSETS> 37,852
<PER-SHARE-NAV-BEGIN> 9.78
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> 0.37
<PER-SHARE-DIVIDEND> 0.36
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<EXPENSE-RATIO> 1.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 042
<NAME> N.C. INTERMEDIATE TAX FREE FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 36,058
<INVESTMENTS-AT-VALUE> 36,466
<RECEIVABLES> 479
<ASSETS-OTHER> 6
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36,951
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 143
<TOTAL-LIABILITIES> 143
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,478
<SHARES-COMMON-STOCK> 3,626
<SHARES-COMMON-PRIOR> 3,971
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 78
<ACCUM-APPREC-OR-DEPREC> 408
<NET-ASSETS> 36,808
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,772
<OTHER-INCOME> 0
<EXPENSES-NET> 356
<NET-INVESTMENT-INCOME> 1,416
<REALIZED-GAINS-CURRENT> (79)
<APPREC-INCREASE-CURRENT> 1,484
<NET-CHANGE-FROM-OPS> 2,822
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,416
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,108
<NUMBER-OF-SHARES-REDEEMED> 1,481
<SHARES-REINVESTED> 28
<NET-CHANGE-IN-ASSETS> 2,046
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 227
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 473
<AVERAGE-NET-ASSETS> 37,852
<PER-SHARE-NAV-BEGIN> 9.78
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> 0.37
<PER-SHARE-DIVIDEND> 0.37
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.15
<EXPENSE-RATIO> 0.91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 051
<NAME> GROWTH & INCOME STOCK
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 134,007
<INVESTMENTS-AT-VALUE> 157,031
<RECEIVABLES> 338
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 157,381
<PAYABLE-FOR-SECURITIES> 597
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 339
<TOTAL-LIABILITIES> 936
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 132,510
<SHARES-COMMON-STOCK> 12,046
<SHARES-COMMON-PRIOR> 8,630
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 911
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,024
<NET-ASSETS> 156,445
<DIVIDEND-INCOME> 3,405
<INTEREST-INCOME> 324
<OTHER-INCOME> 0
<EXPENSES-NET> 972
<NET-INVESTMENT-INCOME> 2,757
<REALIZED-GAINS-CURRENT> 1,085
<APPREC-INCREASE-CURRENT> 18,940
<NET-CHANGE-FROM-OPS> 22,782
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,757
<DISTRIBUTIONS-OF-GAINS> 2,346
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,774
<NUMBER-OF-SHARES-REDEEMED> 1,634
<SHARES-REINVESTED> 276
<NET-CHANGE-IN-ASSETS> 59,117
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,172
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,322
<AVERAGE-NET-ASSETS> 115,987
<PER-SHARE-NAV-BEGIN> 11.26
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> 1.98
<PER-SHARE-DIVIDEND> 0.25
<PER-SHARE-DISTRIBUTIONS> 0.27
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.97
<EXPENSE-RATIO> 1.07
<AVG-DEBT-OUTSTANDING> [BLANK]
<AVG-DEBT-PER-SHARE> [BLANK]
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 052
<NAME> GROWTH & INCOME STOCK
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 134,007
<INVESTMENTS-AT-VALUE> 157,031
<RECEIVABLES> 338
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 157,381
<PAYABLE-FOR-SECURITIES> 597
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 339
<TOTAL-LIABILITIES> 936
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 132,510
<SHARES-COMMON-STOCK> 12,046
<SHARES-COMMON-PRIOR> 8,630
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 911
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,024
<NET-ASSETS> 156,445
<DIVIDEND-INCOME> 3,405
<INTEREST-INCOME> 324
<OTHER-INCOME> 0
<EXPENSES-NET> 972
<NET-INVESTMENT-INCOME> 2,757
<REALIZED-GAINS-CURRENT> 1,085
<APPREC-INCREASE-CURRENT> 18,940
<NET-CHANGE-FROM-OPS> 22,782
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,757
<DISTRIBUTIONS-OF-GAINS> 2,346
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,774
<NUMBER-OF-SHARES-REDEEMED> 1,634
<SHARES-REINVESTED> 276
<NET-CHANGE-IN-ASSETS> 59,117
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2,172
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,322
<AVERAGE-NET-ASSETS> 115,987
<PER-SHARE-NAV-BEGIN> 11.28
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 1.98
<PER-SHARE-DIVIDEND> 0.28
<PER-SHARE-DISTRIBUTIONS> 0.27
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.99
<EXPENSE-RATIO> 0.82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 061
<NAME> BALANCED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 53,659
<INVESTMENTS-AT-VALUE> 58,704
<RECEIVABLES> 579
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 59,291
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 240
<TOTAL-LIABILITIES> 240
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 54,397
<SHARES-COMMON-STOCK> 5,359
<SHARES-COMMON-PRIOR> 4,593
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 392
<ACCUM-APPREC-OR-DEPREC> 5,045
<NET-ASSETS> 59,051
<DIVIDEND-INCOME> 654
<INTEREST-INCOME> 2,055
<OTHER-INCOME> 0
<EXPENSES-NET> 480
<NET-INVESTMENT-INCOME> 2,229
<REALIZED-GAINS-CURRENT> (361)
<APPREC-INCREASE-CURRENT> 6,451
<NET-CHANGE-FROM-OPS> 8,319
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,229
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,719
<NUMBER-OF-SHARES-REDEEMED> 1,470
<SHARES-REINVESTED> 157
<NET-CHANGE-IN-ASSETS> 10,776
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 31
<GROSS-ADVISORY-FEES> 369
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 645
<AVERAGE-NET-ASSETS> 49,843
<PER-SHARE-NAV-BEGIN> 9.76
<PER-SHARE-NII> 0.44
<PER-SHARE-GAIN-APPREC> 1.27
<PER-SHARE-DIVIDEND> 0.43
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.04
<EXPENSE-RATIO> 1.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 062
<NAME> BALANCED
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
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