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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 5
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<PAGE> PAGE 7
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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 15
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SIGNATURE S. ELLIOT COHAN
TITLE ASST. GEN. COUNSEL
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</TABLE>
<TABLE> <S> <C>
<S> <C>
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<NAME> CAPITAL GROWTH FUND-INVESTMENT SHARES
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<PERIOD-END> OCT-31-1994
<INVESTMENTS-AT-COST> 10,153,275
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> FORTRESS BOND FUND
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<FISCAL-YEAR-END> OCT-31-1994
<PERIOD-END> OCT-31-1994
<INVESTMENTS-AT-COST> 150,688,962
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<AVG-DEBT-PER-SHARE> .000
</TABLE>
