<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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072 B000400 882
072 C000400 801
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072 F000400 422
072 G000400 0
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072 M000400 2
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<PAGE> PAGE 21
072 S000400 9
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072 Z000400 1206
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073 A010400 0.5100
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074 A000400 919
074 B000400 1864
074 C000400 0
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<PAGE> PAGE 22
076 000400 0.00
024 000500 Y
025 A000501 SAL0MON BROTHERS
025 C000501 D
025 D000501 58
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028 A010500 126
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028 B020500 26
028 B030500 0
028 B040500 193
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028 C020500 25
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028 D010500 1743
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<PAGE> PAGE 23
048 D010500 0
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048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
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049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
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053 C000500 N
055 A000500 N
055 B000500 Y
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 0.0
062 C000500 0.0
062 D000500 14.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 8.8
062 J000500 0.0
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062 L000500 0.0
062 M000500 38.2
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062 O000500 0.0
062 P000500 0.8
062 Q000500 7.5
062 R000500 0.0
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<PAGE> PAGE 24
063 B000500 10.6
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
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 8315
071 B000500 7523
071 C000500 5267
071 D000500 143
072 A000500 12
072 B000500 369
072 C000500 0
<PAGE> PAGE 25
072 D000500 0
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072 Z000500 312
072AA000500 0
072BB000500 1
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072DD010500 263
072DD020500 0
072EE000500 42
073 A010500 0.5400
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073 B000500 0.0900
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074 A000500 1
074 B000500 1031
074 C000500 648
074 D000500 6243
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<PAGE> PAGE 26
074 R010500 0
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074 V020500 0.00
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075 B000500 6174
076 000500 0.00
024 000600 N
028 A010600 6651
028 A020600 0
028 A030600 0
028 A040600 2504
028 B010600 2725
028 B020600 0
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<PAGE> PAGE 27
048 A020600 0.000
048 B010600 0
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048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
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055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
058 A000600 N
059 000600 Y
060 A000600 Y
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<PAGE> PAGE 28
062 O000600 0.0
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066 A000600 Y
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066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
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069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
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070 D010600 Y
070 D020600 N
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070 E020600 N
070 F010600 Y
070 F020600 N
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070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
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070 J020600 Y
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070 K020600 N
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<PAGE> PAGE 29
071 A000600 56321
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074 A000600 33
074 B000600 6148
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<PAGE> PAGE 30
074 K000600 0
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024 000700 Y
025 A000701 BANCO SANTANDER CHILE
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<PAGE> PAGE 31
028 E020700 0
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050 000700 N
051 000700 N
052 000700 N
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056 000700 Y
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<PAGE> PAGE 32
060 A000700 Y
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066 A000700 Y
066 B000700 N
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066 D000700 Y
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
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069 000700 N
070 A010700 Y
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<PAGE> PAGE 33
070 J020700 Y
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071 A000700 41171
071 B000700 40343
071 C000700 19020
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072 A000700 12
072 B000700 79
072 C000700 400
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<PAGE> PAGE 34
072DD010700 85
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024 000800 N
028 A010800 4540
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028 B010800 5590
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<PAGE> PAGE 35
028 C030800 0
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<PAGE> PAGE 36
053 C000800 N
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<PAGE> PAGE 37
070 G010800 Y
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071 A000800 54632
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<PAGE> PAGE 38
072 X000800 260
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024 000900 N
028 A010900 761
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<PAGE> PAGE 39
028 A040900 512
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<PAGE> PAGE 40
048 K020900 0.000
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<PAGE> PAGE 41
070 C020900 N
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SIGNATURE PAMELA RUDDOCK
TITLE ASSISTANT TREASURER
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<CIK> 0000891761
<NAME> G.T. GLOBAL VARIABLE INVESTMENT TRUST
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<INTEREST-INCOME> 69
<OTHER-INCOME> 0
<EXPENSES-NET> 219
<NET-INVESTMENT-INCOME> (30)
<REALIZED-GAINS-CURRENT> 2034
<APPREC-INCREASE-CURRENT> (1933)
<NET-CHANGE-FROM-OPS> 72
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (762)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2024
<NUMBER-OF-SHARES-REDEEMED> (2017)
<SHARES-REINVESTED> 43
<NET-CHANGE-IN-ASSETS> 401
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 183
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 260
<AVERAGE-NET-ASSETS> 19614
<PER-SHARE-NAV-BEGIN> 20.98
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> 0.18
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.93)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 20.20
<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS LEGEND CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
ANNUAL FINANCIAL STATMENTS AND IS QUALFIED 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-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 7959
<INVESTMENTS-AT-VALUE> 8625
<RECEIVABLES> 139
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8792
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 47
<TOTAL-LIABILITIES> 47
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8207
<SHARES-COMMON-STOCK> 535
<SHARES-COMMON-PRIOR> 368
<ACCUMULATED-NII-CURRENT> 78
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (204)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 664
<NET-ASSETS> 8745
<DIVIDEND-INCOME> 105
<INTEREST-INCOME> 77
<OTHER-INCOME> 0
<EXPENSES-NET> 99
<NET-INVESTMENT-INCOME> 83
<REALIZED-GAINS-CURRENT> (206)
<APPREC-INCREASE-CURRENT> 441
<NET-CHANGE-FROM-OPS> 318
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (48)
<DISTRIBUTIONS-OF-GAINS> (431)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 361
<NUMBER-OF-SHARES-REDEEMED> (222)
<SHARES-REINVESTED> 28
<NET-CHANGE-IN-ASSETS> 2691
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 84
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 125
<AVERAGE-NET-ASSETS> 9216
<PER-SHARE-NAV-BEGIN> 16.47
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 0.74
<PER-SHARE-DIVIDEND> (0.10)
<PER-SHARE-DISTRIBUTIONS> (0.88)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.35
<EXPENSE-RATIO> 1.18
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
