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 May 31,2000 for the J.P. Morgan European 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> NOV-30-2000
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 13125
<RECEIVABLES> 75
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13200
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 334
<TOTAL-LIABILITIES> 334
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11002
<SHARES-COMMON-STOCK> 751
<SHARES-COMMON-PRIOR> 777
<ACCUMULATED-NII-CURRENT> 39
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 112
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1713
<NET-ASSETS> 12866
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 84
<EXPENSES-NET> 36
<NET-INVESTMENT-INCOME> 48
<REALIZED-GAINS-CURRENT> 249
<APPREC-INCREASE-CURRENT> 41
<NET-CHANGE-FROM-OPS> 338
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 77
<DISTRIBUTIONS-OF-GAINS> 88
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22617
<NUMBER-OF-SHARES-REDEEMED> 23333
<SHARES-REINVESTED> 147
<NET-CHANGE-IN-ASSETS> (396)
<ACCUMULATED-NII-PRIOR> 68
<ACCUMULATED-GAINS-PRIOR> (49)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 76
<AVERAGE-NET-ASSETS> 14460
<PER-SHARE-NAV-BEGIN> 17.06
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 0.20
<PER-SHARE-DIVIDEND> 0.10
<PER-SHARE-DISTRIBUTIONS> 0.11
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.12
<EXPENSE-RATIO> 1.50
[AVG-DEBT-OUTSTANDING] 5
[AVG-DEBT-PER-SHARE] 0
</TABLE>
