<PAGE> PAGE 1
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<PAGE> PAGE 2
008 A00AA01 CHANCELLOR LGT ASSET MANAGEMENT, INC.
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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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<PAGE> PAGE 21
072 V000400 0
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024 000500 N
028 A010500 123
<PAGE> PAGE 22
028 A020500 21
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<PAGE> PAGE 23
048 J020500 0.000
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050 000500 N
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055 B000500 N
056 000500 Y
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066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
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070 A020500 Y
070 B010500 Y
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<PAGE> PAGE 24
070 C020500 N
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070 D020500 N
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070 F020500 N
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070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
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070 J020500 N
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070 K020500 N
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070 L020500 Y
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<PAGE> PAGE 25
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<PAGE> PAGE 26
075 A000500 0
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<PAGE> PAGE 27
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<PAGE> PAGE 28
068 B000600 N
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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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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<CIK> 0000891761
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<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
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<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
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<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
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<AVERAGE-NET-ASSETS> 11136
<PER-SHARE-NAV-BEGIN> 13.880
<PER-SHARE-NII> (.06)
<PER-SHARE-GAIN-APPREC> 7.160
<PER-SHARE-DIVIDEND> .000
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.980
<EXPENSE-RATIO> 1.190
<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-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 5843
<INVESTMENTS-AT-VALUE> 6066
<RECEIVABLES> 27
<ASSETS-OTHER> 214
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6307
<PAYABLE-FOR-SECURITIES> 59
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 194
<TOTAL-LIABILITIES> 253
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5355
<SHARES-COMMON-STOCK> 368
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 431
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 223
<NET-ASSETS> 6054
<DIVIDEND-INCOME> 54
<INTEREST-INCOME> 36
<OTHER-INCOME> 0
<EXPENSES-NET> (43)
<NET-INVESTMENT-INCOME> 47
<REALIZED-GAINS-CURRENT> 433
<APPREC-INCREASE-CURRENT> 211
<NET-CHANGE-FROM-OPS> 691
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9
<DISTRIBUTIONS-OF-GAINS> 17
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7226
<NUMBER-OF-SHARES-REDEEMED> (3457)
<SHARES-REINVESTED> 27
<NET-CHANGE-IN-ASSETS> 4460
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89
<AVERAGE-NET-ASSETS> 4719
<PER-SHARE-NAV-BEGIN> 13.270
<PER-SHARE-NII> .110
<PER-SHARE-GAIN-APPREC> 3.190
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> (.07)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.470
<EXPENSE-RATIO> 1.210
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
