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 October 31, 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> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 55083
<RECEIVABLES> 425
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55083
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 63
<TOTAL-LIABILITIES> 63
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 38046
<SHARES-COMMON-STOCK> 5196
<SHARES-COMMON-PRIOR> 5225
<ACCUMULATED-NII-CURRENT> 344
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,294
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8761
<NET-ASSETS> 55445
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 866
<EXPENSES-NET> 774
<NET-INVESTMENT-INCOME> 92
<REALIZED-GAINS-CURRENT> 9217
<APPREC-INCREASE-CURRENT> (9622)
<NET-CHANGE-FROM-OPS> (314)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 816
<DISTRIBUTIONS-OF-GAINS> 5211
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17974
<NUMBER-OF-SHARES-REDEEMED> 18343
<SHARES-REINVESTED> 340
<NET-CHANGE-IN-ASSETS> (9414)
<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> 774
<AVERAGE-NET-ASSETS> 59530
<PER-SHARE-NAV-BEGIN> 12.41
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> (0.71)
<PER-SHARE-DIVIDEND> 0.16
<PER-SHARE-DISTRIBUTIONS> 1.05
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.67
<EXPENSE-RATIO> 1.30
</TABLE>
