<PAGE> PAGE 1
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007 C010400 4
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007 C010600 6
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007 C010700 7
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<PAGE> PAGE 2
008 A00AA01 LGT ASSET MANAGEMENT, INC.
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008 D01AA01 SAN FRANCISCO
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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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070 D020500 N
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070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
<PAGE> PAGE 21
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
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070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
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072 B000500 289
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072 J000500 3
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<PAGE> PAGE 22
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072DD020500 0
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074 C000500 988
074 D000500 3681
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075 B000500 5141
076 000500 0.00
024 000600 N
028 A010600 1687
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028 A040600 880
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028 B040600 953
<PAGE> PAGE 23
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028 G010600 14964
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057 000600 N
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<PAGE> PAGE 24
066 D000600 Y
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
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070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 Y
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
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071 B000600 27857
071 C000600 39557
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072 A000600 12
072 B000600 224
072 C000600 368
<PAGE> PAGE 25
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074 B000600 4279
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074 M000600 784
074 N000600 52248
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<PAGE> PAGE 26
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024 000700 N
028 A010700 1708
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028 D040700 870
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<PAGE> PAGE 27
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062 E000700 0.0
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066 B000700 N
066 C000700 N
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066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
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070 I020700 N
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<PAGE> PAGE 28
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070 M010700 Y
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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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<PAGE> PAGE 32
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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 PAMELA RUDDOCK
TITLE ASSISTANT TREASURER
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
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</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 010
<NAME> GT GLOBAL VARIABLE STRATEGIC INCOME FUND
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<S> <C>
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<TABLE> <S> <C>
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
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</LEGEND>
<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
<SERIES>
<NUMBER> 020
<NAME> GT GLOBAL VARIABLE GLOBAL GOVERNMENT INCOME FUND
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
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> GT GLOBAL VARIABLE LATIN AMERICA FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
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<NET-INVESTMENT-INCOME> 805
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<NET-CHANGE-FROM-OPS> (6204)
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<NUMBER-OF-SHARES-REDEEMED> (2603)
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<NET-CHANGE-IN-ASSETS> (6860)
<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 19.170
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<PER-SHARE-NAV-END> 12.420
<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
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> GT GLOBAL VARIABLE GROWTH & INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 26594
<INVESTMENTS-AT-VALUE> 30231
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<PAID-IN-CAPITAL-COMMON> 27912
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<ACCUMULATED-NET-GAINS> (1349)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3657
<NET-ASSETS> 30565
<DIVIDEND-INCOME> 625
<INTEREST-INCOME> 792
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<EXPENSES-NET> (341)
<NET-INVESTMENT-INCOME> 1076
<REALIZED-GAINS-CURRENT> (1073)
<APPREC-INCREASE-CURRENT> 4096
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<DISTRIBUTIONS-OF-INCOME> (818)
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<NUMBER-OF-SHARES-REDEEMED> (709)
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<NET-CHANGE-IN-ASSETS> 4985
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<AVERAGE-NET-ASSETS> 29145
<PER-SHARE-NAV-BEGIN> 12.990
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<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
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> GT GLOBAL VARIABLE U.S. GOVERNMENT INCOME FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
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<ACCUM-APPREC-OR-DEPREC> 182
<NET-ASSETS> 5992
<DIVIDEND-INCOME> 0
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<EXPENSES-NET> (45)
<NET-INVESTMENT-INCOME> 244
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<APPREC-INCREASE-CURRENT> 290
<NET-CHANGE-FROM-OPS> 606
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<NUMBER-OF-SHARES-REDEEMED> (1556)
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-EXPENSE> 115
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<PER-SHARE-NAV-BEGIN> 10.790
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<PER-SHARE-DIVIDEND> (.600)
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<PER-SHARE-NAV-END> 11.740
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<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
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> GT GLOBAL VARIABLE TELECOMMUNICATIONS FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 45726
<INVESTMENTS-AT-VALUE> 49910
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<NET-INVESTMENT-INCOME> 70
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<NET-CHANGE-FROM-OPS> 8758
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<SHARES-REINVESTED> 68
<NET-CHANGE-IN-ASSETS> 14750
<ACCUMULATED-NII-PRIOR> 0
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<AVERAGE-NET-ASSETS> 49136
<PER-SHARE-NAV-BEGIN> 13.980
<PER-SHARE-NII> .020
<PER-SHARE-GAIN-APPREC> 3.260
<PER-SHARE-DIVIDEND> (.030)
<PER-SHARE-DISTRIBUTIONS> (.360)
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<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
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> GT GLOBAL VARIABLE EMERGING MARKETS FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 8751
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<PAID-IN-CAPITAL-COMMON> 10145
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<ACCUMULATED-NET-GAINS> (1356)
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<NET-ASSETS> 8983
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<NET-INVESTMENT-INCOME> 118
<REALIZED-GAINS-CURRENT> (1320)
<APPREC-INCREASE-CURRENT> 715
<NET-CHANGE-FROM-OPS> (487)
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<NUMBER-OF-SHARES-SOLD> 1174
<NUMBER-OF-SHARES-REDEEMED> (968)
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<ACCUMULATED-NII-PRIOR> 0
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<GROSS-EXPENSE> 169
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<PER-SHARE-NAV-BEGIN> 11.890
<PER-SHARE-NII> .140
<PER-SHARE-GAIN-APPREC> (1.04)
<PER-SHARE-DIVIDEND> (.09)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (.02)
<PER-SHARE-NAV-END> 10.880
<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
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> GT GLOBAL VARIABLE NATURAL RESOURCES FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 1244
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<ACCUMULATED-NET-GAINS> (10)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 62
<NET-ASSETS> 1365
<DIVIDEND-INCOME> 61
<INTEREST-INCOME> 7
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<EXPENSES-NET> (7)
<NET-INVESTMENT-INCOME> 64
<REALIZED-GAINS-CURRENT> (8)
<APPREC-INCREASE-CURRENT> 62
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<GROSS-EXPENSE> 54
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<PER-SHARE-NAV-END> 13.880
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<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
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> GT GLOBAL VARIABLE INFRASTRUCTURE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 1540
<INVESTMENTS-AT-VALUE> 1553
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<ACCUM-APPREC-OR-DEPREC> 12
<NET-ASSETS> 1594
<DIVIDEND-INCOME> 8
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<EXPENSES-NET> (8)
<NET-INVESTMENT-INCOME> 9
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<APPREC-INCREASE-CURRENT> 12
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<NUMBER-OF-SHARES-SOLD> 175
<NUMBER-OF-SHARES-REDEEMED> (63)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1494
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<PER-SHARE-NAV-BEGIN> 12.000
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<PER-SHARE-NAV-END> 13.270
<EXPENSE-RATIO> 1.340
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
