<PAGE> PAGE 1
000 A000000 06/30/95
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<PAGE> PAGE 2
008 A00AA01 G. T. CAPITAL MANAGEMENT, INC
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008 C00AA01 801-10254
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
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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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<PAGE> PAGE 19
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<PAGE> PAGE 20
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074 X000400 3
074 Y000400 0
075 A000400 0
075 B000400 26489
076 000400 0.00
024 000500 N
028 A010500 3339
028 A020500 12
028 A030500 0
028 A040500 2699
028 B010500 4015
028 B020500 17
028 B030500 0
028 B040500 3509
028 C010500 1635
<PAGE> PAGE 21
028 C020500 17
028 C030500 0
028 C040500 923
028 D010500 1171
028 D020500 17
028 D030500 0
028 D040500 1411
028 E010500 1724
028 E020500 16
028 E030500 0
028 E040500 2168
028 F010500 1604
028 F020500 18
028 F030500 0
028 F040500 1391
028 G010500 13488
028 G020500 97
028 G030500 0
028 G040500 12101
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.750
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
<PAGE> PAGE 22
053 B000500 Y
053 C000500 N
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 2000
062 A000500 Y
062 B000500 23.7
062 C000500 0.0
062 D000500 9.1
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 27.3
062 N000500 24.8
062 O000500 0.0
062 P000500 0.0
062 Q000500 13.1
062 R000500 0.0
063 A000500 0
063 B000500 7.3
064 A000500 Y
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
<PAGE> PAGE 23
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 3496
071 B000500 3215
071 C000500 2386
071 D000500 135
072 A000500 6
072 B000500 123
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 14
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 7
072 K000500 0
072 L000500 18
072 M000500 2
072 N000500 2
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 9
072 S000500 3
072 T000500 0
072 U000500 3
072 V000500 0
072 W000500 0
072 X000500 58
<PAGE> PAGE 24
072 Y000500 40
072 Z000500 105
072AA000500 0
072BB000500 13
072CC010500 237
072CC020500 0
072DD010500 97
072DD020500 0
072EE000500 0
073 A010500 0.3000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 376
074 C000500 980
074 D000500 2691
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 49
074 L000500 59
074 M000500 17
074 N000500 4172
074 O000500 0
074 P000500 6
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 35
074 S000500 0
074 T000500 4131
074 U010500 360
074 U020500 0
074 V010500 11.46
074 V020500 0.00
074 W000500 0.0000
074 X000500 3
074 Y000500 0
075 A000500 0
075 B000500 3841
076 000500 0.00
024 000600 N
028 A010600 1592
028 A020600 0
028 A030600 0
028 A040600 1016
<PAGE> PAGE 25
028 B010600 1528
028 B020600 0
028 B030600 0
028 B040600 757
028 C010600 1592
028 C020600 0
028 C030600 0
028 C040600 2084
028 D010600 990
028 D020600 0
028 D030600 0
028 D040600 970
028 E010600 963
028 E020600 0
028 E030600 0
028 E040600 611
028 F010600 1558
028 F020600 1046
028 F030600 0
028 F040600 843
028 G010600 8223
028 G020600 1046
028 G030600 0
028 G040600 6281
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 1.000
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
<PAGE> PAGE 26
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
055 A000600 Y
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
060 B000600 Y
061 000600 2000
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
066 A000600 Y
066 D000600 Y
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
<PAGE> PAGE 27
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 Y
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 13376
071 B000600 15091
071 C000600 35413
071 D000600 38
072 A000600 6
072 B000600 54
072 C000600 221
072 D000600 0
072 E000600 0
072 F000600 199
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 18
072 K000600 0
072 L000600 18
072 M000600 2
072 N000600 2
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 9
072 S000600 3
072 T000600 0
072 U000600 3
072 V000600 0
<PAGE> PAGE 28
072 W000600 -11
072 X000600 243
072 Y000600 23
072 Z000600 55
072AA000600 1639
072BB000600 0
072CC010600 3813
072CC020600 0
072DD010600 80
072DD020600 0
072EE000600 965
073 A010600 0.0300
073 A020600 0.0000
073 B000600 0.3600
073 C000600 0.0000
074 A000600 65
074 B000600 3255
074 C000600 0
074 D000600 0
074 E000600 2894
074 F000600 35885
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 2066
074 K000600 26
074 L000600 345
074 M000600 4072
074 N000600 48608
074 O000600 619
074 P000600 54
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 4458
074 S000600 0
074 T000600 43477
074 U010600 2773
074 U020600 0
074 V010600 15.68
074 V020600 0.00
074 W000600 0.0000
074 X000600 3
074 Y000600 0
075 A000600 0
075 B000600 37727
076 000600 0.00
024 000700 N
028 A010700 1647
028 A020700 0
<PAGE> PAGE 29
028 A030700 0
028 A040700 1625
028 B010700 1030
028 B020700 0
028 B030700 0
028 B040700 1199
028 C010700 894
028 C020700 0
028 C030700 0
028 C040700 681
028 D010700 778
028 D020700 0
028 D030700 0
028 D040700 424
028 E010700 1587
028 E020700 0
028 E030700 0
028 E040700 924
028 F010700 529
028 F020700 0
028 F030700 0
028 F040700 610
028 G010700 6465
028 G020700 0
028 G030700 0
028 G040700 5463
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 1.000
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
<PAGE> PAGE 30
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
055 A000700 Y
055 B000700 N
056 000700 Y
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
061 000700 2000
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
066 A000700 Y
066 D000700 Y
067 000700 N
068 A000700 N
068 B000700 Y
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
<PAGE> PAGE 31
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 Y
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 8545
071 B000700 5880
071 C000700 5830
071 D000700 101
072 A000700 6
072 B000700 53
072 C000700 74
072 D000700 0
072 E000700 0
072 F000700 46
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 30
072 K000700 0
072 L000700 18
072 M000700 2
072 N000700 2
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 8
072 S000700 3
072 T000700 0
<PAGE> PAGE 32
072 U000700 0
072 V000700 0
072 W000700 -1
072 X000700 108
072 Y000700 62
072 Z000700 81
072AA000700 0
072BB000700 1034
072CC010700 586
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 159
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 655
074 F000700 7382
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 350
074 K000700 27
074 L000700 75
074 M000700 0
074 N000700 8648
074 O000700 608
074 P000700 15
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 124
074 S000700 0
074 T000700 7901
074 U010700 708
074 U020700 0
074 V010700 11.16
074 V020700 0.00
074 W000700 0.0000
074 X000700 3
074 Y000700 0
075 A000700 0
075 B000700 6945
076 000700 0.00
024 000800 N
<PAGE> PAGE 33
028 A010800 0
028 A020800 0
028 A030800 0
028 A040800 0
028 B010800 106
028 B020800 0
028 B030800 0
028 B040800 101
028 C010800 384
028 C020800 0
028 C030800 0
028 C040800 294
028 D010800 101
028 D020800 0
028 D030800 0
028 D040800 75
028 E010800 327
028 E020800 0
028 E030800 0
028 E040800 200
028 F010800 249
028 F020800 0
028 F030800 0
028 F040800 47
028 G010800 1167
028 G020800 0
028 G030800 0
028 G040800 717
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 1.000
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
<PAGE> PAGE 34
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
049 000800 N
050 000800 N
051 000800 N
052 000800 N
053 A000800 Y
053 B000800 Y
053 C000800 N
055 A000800 Y
055 B000800 N
056 000800 Y
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 Y
060 B000800 Y
061 000800 2000
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
066 A000800 Y
066 D000800 Y
067 000800 N
068 A000800 N
068 B000800 Y
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
<PAGE> PAGE 35
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 Y
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 666
071 B000800 150
071 C000800 187
071 D000800 80
072 A000800 5
072 B000800 3
072 C000800 2
072 D000800 0
072 E000800 0
072 F000800 1
072 G000800 0
072 H000800 0
072 I000800 0
072 J000800 4
072 K000800 0
072 L000800 15
072 M000800 2
072 N000800 2
072 O000800 0
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072 R000800 7
<PAGE> PAGE 36
072 S000800 2
072 T000800 0
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072 X000800 33
072 Y000800 31
072 Z000800 3
072AA000800 4
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072CC010800 18
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072DD010800 0
072DD020800 0
072EE000800 0
073 A010800 0.0000
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 0
074 B000800 123
074 C000800 127
074 D000800 0
074 E000800 0
074 F000800 537
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 31
074 L000800 2
074 M000800 0
074 N000800 820
074 O000800 214
074 P000800 2
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 28
074 S000800 0
074 T000800 576
074 U010800 43
074 U020800 0
074 V010800 13.28
074 V020800 0.00
074 W000800 0.0000
074 X000800 3
074 Y000800 0
075 A000800 0
075 B000800 262
<PAGE> PAGE 37
076 000800 0.00
024 000900 N
028 A010900 0
028 A020900 0
028 A030900 0
028 A040900 0
028 B010900 157
028 B020900 0
028 B030900 0
028 B040900 108
028 C010900 65
028 C020900 0
028 C030900 0
028 C040900 2
028 D010900 232
028 D020900 0
028 D030900 0
028 D040900 23
028 E010900 157
028 E020900 0
028 E030900 0
028 E040900 26
028 F010900 75
028 F020900 0
028 F030900 0
028 F040900 92
028 G010900 686
028 G020900 0
028 G030900 0
028 G040900 251
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 1.000
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
<PAGE> PAGE 38
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
055 A000900 Y
055 B000900 N
056 000900 Y
057 000900 N
058 A000900 N
059 000900 Y
060 A000900 Y
060 B000900 Y
061 000900 2000
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
066 A000900 Y
066 D000900 Y
067 000900 N
068 A000900 N
068 B000900 Y
069 000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
<PAGE> PAGE 39
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 Y
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 602
071 B000900 93
071 C000900 253
071 D000900 37
072 A000900 5
072 B000900 3
072 C000900 2
072 D000900 0
072 E000900 0
072 F000900 1
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072 H000900 0
072 I000900 0
072 J000900 6
072 K000900 0
072 L000900 15
072 M000900 2
072 N000900 2
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072 P000900 0
<PAGE> PAGE 40
072 Q000900 0
072 R000900 7
072 S000900 2
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 0
072 X000900 35
072 Y000900 33
072 Z000900 3
072AA000900 9
072BB000900 0
072CC010900 27
072CC020900 0
072DD010900 0
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 0
074 B000900 12
074 C000900 0
074 D000900 0
074 E000900 24
074 F000900 521
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 13
074 K000900 33
074 L000900 8
074 M000900 0
074 N000900 611
074 O000900 4
074 P000900 3
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 29
074 S000900 0
074 T000900 575
074 U010900 43
074 U020900 0
074 V010900 13.23
074 V020900 0.00
074 W000900 0.0000
074 X000900 3
074 Y000900 0
<PAGE> PAGE 41
075 A000900 0
075 B000900 339
076 000900 0.00
SIGNATURE PAMELA RUDDOCK
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 010
<NAME> G.T. GLOBAL: VARIABLE STRATEGIC INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 23747
<INVESTMENTS-AT-VALUE> 23326
<RECEIVABLES> 656
<ASSETS-OTHER> 18
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24000
<PAYABLE-FOR-SECURITIES> 35
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 93
<TOTAL-LIABILITIES> 128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27931
<SHARES-COMMON-STOCK> 2099
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 130
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3743)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (446)
<NET-ASSETS> 23872
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1222
<OTHER-INCOME> 0
<EXPENSES-NET> (111)
<NET-INVESTMENT-INCOME> 1111
<REALIZED-GAINS-CURRENT> (126)
<APPREC-INCREASE-CURRENT> 1033
<NET-CHANGE-FROM-OPS> 2018
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (981)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1194
<NUMBER-OF-SHARES-REDEEMED> (1345)
<SHARES-REINVESTED> 91
<NET-CHANGE-IN-ASSETS> 505
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 83
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133
<AVERAGE-NET-ASSETS> 22521
<PER-SHARE-NAV-BEGIN> 10.820
<PER-SHARE-NII> .540
<PER-SHARE-GAIN-APPREC> .490
<PER-SHARE-DIVIDEND> (.480)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.370
<EXPENSE-RATIO> 1.000
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 020
<NAME> G.T. GLOBAL: VARIABLE GLOBAL GOVERNMENT INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 10479
<INVESTMENTS-AT-VALUE> 10643
<RECEIVABLES> 298
<ASSETS-OTHER> 17
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10958
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 135
<TOTAL-LIABILITIES> 135
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11400
<SHARES-COMMON-STOCK> 950
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 6
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (733)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 150
<NET-ASSETS> 10823
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 412
<OTHER-INCOME> 0
<EXPENSES-NET> (52)
<NET-INVESTMENT-INCOME> 360
<REALIZED-GAINS-CURRENT> 436
<APPREC-INCREASE-CURRENT> 260
<NET-CHANGE-FROM-OPS> 1056
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (354)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 403
<NUMBER-OF-SHARES-REDEEMED> (393)
<SHARES-REINVESTED> 32
<NET-CHANGE-IN-ASSETS> 1169
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 38
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 104
<AVERAGE-NET-ASSETS> 10255
<PER-SHARE-NAV-BEGIN> 10.630
<PER-SHARE-NII> .390
<PER-SHARE-GAIN-APPREC> .770
<PER-SHARE-DIVIDEND> (.390)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.400
<EXPENSE-RATIO> 1.000
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 030
<NAME> G.T. GLOBAL: VARIABLE LATIN AMERICA FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 21634
<INVESTMENTS-AT-VALUE> 19982
<RECEIVABLES> 1050
<ASSETS-OTHER> 2073
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23105
<PAYABLE-FOR-SECURITIES> 402
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1833
<TOTAL-LIABILITIES> 2235
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27603
<SHARES-COMMON-STOCK> 1623
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 418
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5493)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1658)
<NET-ASSETS> 20870
<DIVIDEND-INCOME> 226
<INTEREST-INCOME> 377
<OTHER-INCOME> 0
<EXPENSES-NET> (127)
<NET-INVESTMENT-INCOME> 476
<REALIZED-GAINS-CURRENT> (5449)
<APPREC-INCREASE-CURRENT> (609)
<NET-CHANGE-FROM-OPS> (5582)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (225)
<DISTRIBUTIONS-OF-GAINS> (2770)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1287
<NUMBER-OF-SHARES-REDEEMED> (1290)
<SHARES-REINVESTED> 237
<NET-CHANGE-IN-ASSETS> (5761)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 141
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 200
<AVERAGE-NET-ASSETS> 21309
<PER-SHARE-NAV-BEGIN> 19.170
<PER-SHARE-NII> .300
<PER-SHARE-GAIN-APPREC> (4.45)
<PER-SHARE-DIVIDEND> (.160)
<PER-SHARE-DISTRIBUTIONS> (2.000)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.860
<EXPENSE-RATIO> 1.220
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 040
<NAME> G.T. GLOBAL: VARIABLE GROWTH & INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 25854
<INVESTMENTS-AT-VALUE> 27449
<RECEIVABLES> 684
<ASSETS-OTHER> 764
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28897
<PAYABLE-FOR-SECURITIES> 294
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 867
<TOTAL-LIABILITIES> 1161
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27360
<SHARES-COMMON-STOCK> 2057
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 276
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1284)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1384
<NET-ASSETS> 27736
<DIVIDEND-INCOME> 343
<INTEREST-INCOME> 410
<OTHER-INCOME> 0
<EXPENSES-NET> (162)
<NET-INVESTMENT-INCOME> 591
<REALIZED-GAINS-CURRENT> (1009)
<APPREC-INCREASE-CURRENT> 1822
<NET-CHANGE-FROM-OPS> 1404
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (402)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 349
<NUMBER-OF-SHARES-REDEEMED> (292)
<SHARES-REINVESTED> 30
<NET-CHANGE-IN-ASSETS> 2156
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 143
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 198
<AVERAGE-NET-ASSETS> 26489
<PER-SHARE-NAV-BEGIN> 12.990
<PER-SHARE-NII> .290
<PER-SHARE-GAIN-APPREC> .410
<PER-SHARE-DIVIDEND> (.200)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.490
<EXPENSE-RATIO> 1.230
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FORM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS INTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 050
<NAME> G.T. GLOBAL: VARIABLE U.S. GOVERNMENT INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 3919
<INVESTMENTS-AT-VALUE> 4048
<RECEIVABLES> 108
<ASSETS-OTHER> 16
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4172
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 41
<TOTAL-LIABILITIES> 41
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4080
<SHARES-COMMON-STOCK> 360
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 7
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (85)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 129
<NET-ASSETS> 4131
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 123
<OTHER-INCOME> 0
<EXPENSES-NET> (18)
<NET-INVESTMENT-INCOME> 105
<REALIZED-GAINS-CURRENT> (13)
<APPREC-INCREASE-CURRENT> 237
<NET-CHANGE-FROM-OPS> 329
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (97)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1220
<NUMBER-OF-SHARES-REDEEMED> (1092)
<SHARES-REINVESTED> 9
<NET-CHANGE-IN-ASSETS> 1716
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 14
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 59
<AVERAGE-NET-ASSETS> 3841
<PER-SHARE-NAV-BEGIN> 10.790
<PER-SHARE-NII> .320
<PER-SHARE-GAIN-APPREC> .650
<PER-SHARE-DIVIDEND> (.300)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.460
<EXPENSE-RATIO> 1.000
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 060
<NAME> G.T. GLOBAL: VARIABLE TELECOMMUNICATIONS FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 36414
<INVESTMENTS-AT-VALUE> 42034
<RECEIVABLES> 2438
<ASSETS-OTHER> 4136
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48608
<PAYABLE-FOR-SECURITIES> 619
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4512
<TOTAL-LIABILITIES> 5131
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36254
<SHARES-COMMON-STOCK> 2773
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 48
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1587
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5588
<NET-ASSETS> 43477
<DIVIDEND-INCOME> 221
<INTEREST-INCOME> 54
<OTHER-INCOME> 0
<EXPENSES-NET> (220)
<NET-INVESTMENT-INCOME> 55
<REALIZED-GAINS-CURRENT> 1639
<APPREC-INCREASE-CURRENT> 3812
<NET-CHANGE-FROM-OPS> 5506
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (80)
<DISTRIBUTIONS-OF-GAINS> (965)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 580
<NUMBER-OF-SHARES-REDEEMED> (451)
<SHARES-REINVESTED> 68
<NET-CHANGE-IN-ASSETS> 7448
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 199
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 254
<AVERAGE-NET-ASSETS> 37727
<PER-SHARE-NAV-BEGIN> 13.980
<PER-SHARE-NII> .020
<PER-SHARE-GAIN-APPREC> 2.070
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> (.36)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.680
<EXPENSE-RATIO> 1.180
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 070
<NAME> G.T. GLOBAL: VARIABLE EMERGING MARKETS FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 7974
<INVESTMENTS-AT-VALUE> 8037
<RECEIVABLES> 452
<ASSETS-OTHER> 159
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8648
<PAYABLE-FOR-SECURITIES> 608
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 139
<TOTAL-LIABILITIES> 747
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8870
<SHARES-COMMON-STOCK> 708
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 81
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 64
<NET-ASSETS> 7901
<DIVIDEND-INCOME> 74
<INTEREST-INCOME> 53
<OTHER-INCOME> 0
<EXPENSES-NET> (46)
<NET-INVESTMENT-INCOME> 81
<REALIZED-GAINS-CURRENT> (1035)
<APPREC-INCREASE-CURRENT> 586
<NET-CHANGE-FROM-OPS> (368)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 608
<NUMBER-OF-SHARES-REDEEMED> (512)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 634
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 109
<AVERAGE-NET-ASSETS> 6945
<PER-SHARE-NAV-BEGIN> 11.890
<PER-SHARE-NII> .120
<PER-SHARE-GAIN-APPREC> (.850)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.160
<EXPENSE-RATIO> 1.230
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 080
<NAME> G.T. GLOBAL: VARIABLE NATURAL RESOURCES FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 770
<INVESTMENTS-AT-VALUE> 788
<RECEIVABLES> 32
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 820
<PAYABLE-FOR-SECURITIES> 214
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 30
<TOTAL-LIABILITIES> 244
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 550
<SHARES-COMMON-STOCK> 43
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18
<NET-ASSETS> 576
<DIVIDEND-INCOME> 2
<INTEREST-INCOME> 3
<OTHER-INCOME> 0
<EXPENSES-NET> (1)
<NET-INVESTMENT-INCOME> 4
<REALIZED-GAINS-CURRENT> 4
<APPREC-INCREASE-CURRENT> 18
<NET-CHANGE-FROM-OPS> 26
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 92
<NUMBER-OF-SHARES-REDEEMED> (57)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 476
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 33
<AVERAGE-NET-ASSETS> 262
<PER-SHARE-NAV-BEGIN> 12.000
<PER-SHARE-NII> .080
<PER-SHARE-GAIN-APPREC> 1.200
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.280
<EXPENSE-RATIO> 1.160
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 090
<NAME> G.T. GLOBAL: VARIABLE INFRASTRUCTURE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 530
<INVESTMENTS-AT-VALUE> 557
<RECEIVABLES> 54
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 611
<PAYABLE-FOR-SECURITIES> 4
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<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 575
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<EXPENSES-NET> (2)
<NET-INVESTMENT-INCOME> 3
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<APPREC-INCREASE-CURRENT> 27
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 55
<NUMBER-OF-SHARES-REDEEMED> (20)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 475
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
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<PER-SHARE-NII> .070
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<PER-SHARE-DIVIDEND> 0
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<PER-SHARE-NAV-END> 13.230
<EXPENSE-RATIO> 1.250
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
