CAPITAL APPRECIATION PORTFOLIO
NSAR-B, 1999-11-29
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010 A000001 BANKERS TRUST COMPANY
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010 C020001 NY
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011 A000001 ICC DISTRIBUTORS, INC.
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020 A000001 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
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020 A000002 PAINWEBBER INCORPORATED
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020 A000003 LEHMAN BROTHERS INC.
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020 A000009 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
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SIGNATURE   CHARLES RIZZO
TITLE       VICE PRESIDENT


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

              FINANCIAL DATA SCHEDULE

ARTICLE                                            6
CIK                                             895571
NAME                                      BT CAPITAL APPRECIATION PORTFOLIO
PERIOD TYPE                                     12-MOS
FISCAL YEAR END                                30-Sep-99
PERIOD END                                     30-Sep-99
INVESTMENTS AT COST                               25,156,650
INVESTMENTS AT VALUE                              30,469,785
RECEIVABLES                                          250,893
ASSETS OTHER                                             314
TOTAL  ASSETS                                     30,720,992
PAYABLE FOR SECURITIES                             1,941,053
OTHER ITEMS LIABILITIES                               39,367
TOTAL LIABILITIES                                  1,980,420
PAID IN CAPITAL COMMON                            24,427,437
SHARES COMMON CURRENT                                      0
SHARES COMMON PRIOR                                        0
ACCUMULATED NII CURRENT                                    0
ACCUMULATED NET GAINS                                      0
OVERDISTRIBUTION GAINS                                     0
ACCUM APPREC OR DEPREC                             5,313,135
NET ASSETS                                        28,740,572
DIVIDEND INCOME                                      167,342
INTEREST INCOME                                            0
OTHER INCOME                                               0
EXPENSES NET                                         149,778
NET INVESTMENT INCOME                                 17,564
REALIZED GAINS CURRENT                             8,027,612
APPREC INCREASE CURRENT                            1,426,127
NET CHANGE FROM OPS                                9,471,303
DISTRIBUTIONS OF INCOME                                    0
DISTRIBUTIONS OF GAINS                                     0
DISTRIBUTIONS OTHER                                        0
NUMBER OF SHARES SOLD                                      0
NUMBER OF SHARES REDEEMED                                  0
SHARES REINVESTED                                          0
NET CHANGE IN ASSETS                               3,051,250
UNDISTRIBUTED NII PRIOR                                    0
ACCUMULATED GAINS PRIOR                                    0
OVERDISTRIB NII PRIOR                                      0
OVERDIST NET GAINS PRIOR                                   0
GROSS ADVISORY FEES                                  158,218
GROSS EXPENSE                                        225,578
AVERAGE NET ASSETS                                24,791,681
PER SHARE NAV BEGIN                                     0.00
PER SHARE NII                                           0.00
PER SHARE GAIN APPREC                                   0.00
PER SHARE DIVIDEND                                      0.00
PER SHARE DISTRIBUTIONS                                 0.00
RETURNS OF CAPITAL                                      0.00
PER SHARE NAV END                                        0.00
EXPENSE RATIO                                           0.60%









</TABLE>




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