WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the semi-annual
report dated April 30, 2000 for the J.P. Morgan International Equity Fund and is
qualified in its entirety by reference to such semi-annual report.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 58722
<RECEIVABLES> 1
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58723
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51
<TOTAL-LIABILITIES> 51
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35270
<SHARES-COMMON-STOCK> 4817
<SHARES-COMMON-PRIOR> 5225
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (518)
<ACCUMULATED-NET-GAINS> 4650
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19270
<NET-ASSETS> 58672
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 409
<EXPENSES-NET> 384
<NET-INVESTMENT-INCOME> 25
<REALIZED-GAINS-CURRENT> 4789
<APPREC-INCREASE-CURRENT> 887
<NET-CHANGE-FROM-OPS> 5701
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 816
<DISTRIBUTIONS-OF-GAINS> 5211
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5410
<NUMBER-OF-SHARES-REDEEMED> 6158
<SHARES-REINVESTED> 340
<NET-CHANGE-IN-ASSETS> (6188)
<ACCUMULATED-NII-PRIOR> 275
<ACCUMULATED-GAINS-PRIOR> 5072
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 384
<AVERAGE-NET-ASSETS> 63080
<PER-SHARE-NAV-BEGIN> 12.41
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0.98
<PER-SHARE-DIVIDEND> 1.21
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.18
<EXPENSE-RATIO> 1.22
</TABLE>
