<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 0000902844
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 THE DIVERSIFIED INVESTORS FUND GROUP
001 B000000 811-7674
001 C000000 9146973848
002 A000000 4 MANHATTANVILLE RD.
002 B000000 PURCHASE
002 C000000 NY
002 D010000 10577
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 8
007 C010100 1
007 C020100 MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C020200 HIGH QUALITY BOND FUND
007 C030200 N
007 C010300 3
007 C020300 GOVERNMENT / CORPORATE BOND FUND
007 C030300 N
007 C010400 4
007 C020400 BALANCED FUND
007 C030400 N
007 C010500 5
007 C020500 EQUITY INCOME FUND
007 C030500 N
007 C010600 6
007 C020600 GROWTH & INCOME FUND
007 C030600 N
007 C010700 7
007 C020700 EQUITY GROWTH FUND
007 C030700 N
007 C010800 8
007 C020800 SPECIAL EQUITY FUND
007 C030800 N
007 C010900 9
007 C011000 10
010 A00AA01 DIVERSIFIED INVESTMENT ADVISORS, INC
010 B00AA01 801-82910
010 C01AA01 PURCHASE
<PAGE> PAGE 2
010 C02AA01 NY
010 C03AA01 10577
011 A00AA01 DIVERSIFIED INVESTORS SECURITIES CORP.
011 B00AA01 8-45671
011 C01AA01 PURCHASE
011 C02AA01 NY
011 C03AA01 10577
012 A00AA01 DIVERSIFIED INVESTMENT ADVISORS, INC
012 B00AA01 84-5484
012 C01AA01 PURCHASE
012 C02AA01 NY
012 C03AA01 10577
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 DIVERSIFIED INVESTORS SECURITIES CORP.
014 B00AA01 8-45671
015 A00AA01 INVESTORS BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02205
015 E01AA01 X
018 00AA00 N
019 A00AA00 N
019 B00AA00 0
021 000000 0
022 A000001 DIVERSIFIED INVESTORS BALANCED PORTFOLIO
022 B000001 13-3781854
022 C000001 219
022 D000001 4
022 A000002 DIVERSIFIED INVESTORS EQUITY GROWTH PORTFOLIO
022 B000002 13-3781863
022 C000002 113
022 D000002 8
022 A000003 DIVERSIFIED INVESTORS GROWTH & INCOME PORT.
022 B000003 13-3781855
022 C000003 91
022 D000003 16
022 A000004 DIVERSIVIED INVESTORS SPECIAL EQUITY PORTFOLO
022 B000004 13-3781861
022 C000004 89
022 D000004 2
022 A000005 DIVERSIFIED INVESTORS EQUITY INCOME PORTFOLIO
022 B000005 13-3781862
022 C000005 74
022 D000005 2
022 A000006 DIVERSIFIED INVESTORS MONEY MARKET PORTFOLIO
022 B000006 13-3781859
022 C000006 20
<PAGE> PAGE 3
022 D000006 4
022 A000007 DIVERSIFIED INVESTORS HIGH QUALITY PORTFOLIO
022 B000007 13-3781858
022 C000007 15
022 D000007 2
022 A000008 DIVERSIFIED INVESTORS GOVERNMENT CORP. PORT.
022 B000008 13-3781857
022 C000008 10
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 631
023 D000000 38
024 00AA00 N
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
<PAGE> PAGE 4
044 00AA00 0
045 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
<PAGE> PAGE 5
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
028 A010100 5
028 A020100 0
028 A030100 0
028 A040100 0
028 B010100 3
028 B020100 0
028 B030100 0
028 B040100 0
028 C010100 3
028 C020100 0
028 C030100 0
028 C040100 0
028 D010100 2
028 D020100 0
028 D030100 0
028 D040100 0
028 E010100 2
028 E020100 0
028 E030100 0
028 E040100 0
028 F010100 5
028 F020100 0
028 F030100 0
028 F040100 4
028 G010100 20
028 G020100 0
028 G030100 0
028 G040100 4
028 H000100 0
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
<PAGE> PAGE 6
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 6
072 B000100 0
072 C000100 0
072 D000100 0
072 E000100 1
072 F000100 0
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 6
072 K000100 0
072 L000100 1
072 M000100 3
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 3
072 S000100 1
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 2
072 X000100 16
<PAGE> PAGE 7
072 Y000100 16
072 Z000100 1
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 48
074 J000100 0
074 K000100 4
074 L000100 0
074 M000100 0
074 N000100 52
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 10
074 S000100 0
074 T000100 42
074 U010100 4
074 U020100 0
074 V010100 9.85
074 V020100 0.00
074 W000100 9.8497
074 X000100 213
074 Y000100 0
075 A000100 35
075 B000100 0
076 000100 0.00
028 A010200 2
028 A020200 0
028 A030200 0
028 A040200 0
028 B010200 2
<PAGE> PAGE 8
028 B020200 0
028 B030200 0
028 B040200 0
028 C010200 2
028 C020200 0
028 C030200 0
028 C040200 0
028 D010200 2
028 D020200 0
028 D030200 0
028 D040200 0
028 E010200 4
028 E020200 0
028 E030200 0
028 E040200 2
028 F010200 3
028 F020200 0
028 F030200 0
028 F040200 0
028 G010200 15
028 G020200 0
028 G030200 0
028 G040200 2
028 H000200 0
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
<PAGE> PAGE 9
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 0
072 C000200 0
072 D000200 0
072 E000200 1
072 F000200 0
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 6
072 K000200 0
072 L000200 1
072 M000200 2
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 3
072 S000200 1
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 1
072 X000200 14
072 Y000200 14
072 Z000200 1
072AA000200 0
072BB000200 0
072CC010200 1
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
<PAGE> PAGE 10
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 41
074 J000200 0
074 K000200 4
074 L000200 0
074 M000200 0
074 N000200 45
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 9
074 S000200 0
074 T000200 36
074 U010200 3
074 U020200 0
074 V010200 10.56
074 V020200 0.00
074 W000200 0.0000
074 X000200 185
074 Y000200 0
075 A000200 0
075 B000200 28
076 000200 0.00
028 A010300 1
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 2
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 1
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 2
028 D020300 0
028 D030300 0
028 D040300 0
028 E010300 2
028 E020300 0
028 E030300 0
<PAGE> PAGE 11
028 E040300 0
028 F010300 2
028 F020300 0
028 F030300 0
028 F040300 0
028 G010300 10
028 G020300 0
028 G030300 0
028 G040300 0
028 H000300 0
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 6
<PAGE> PAGE 12
072 B000300 0
072 C000300 0
072 D000300 0
072 E000300 1
072 F000300 0
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 6
072 K000300 0
072 L000300 1
072 M000300 2
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 3
072 S000300 1
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 1
072 X000300 14
072 Y000300 14
072 Z000300 1
072AA000300 0
072BB000300 0
072CC010300 2
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 41
074 J000300 0
074 K000300 5
074 L000300 0
074 M000300 0
074 N000300 46
074 O000300 0
<PAGE> PAGE 13
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 9
074 S000300 0
074 T000300 37
074 U010300 3
074 U020300 0
074 V010300 11.16
074 V020300 0.00
074 W000300 0.0000
074 X000300 193
074 Y000300 0
075 A000300 0
075 B000300 29
076 000300 0.00
028 A010400 29
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 22
028 B020400 0
028 B030400 0
028 B040400 0
028 C010400 28
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 41
028 D020400 0
028 D030400 0
028 D040400 0
028 E010400 49
028 E020400 0
028 E030400 0
028 E040400 1
028 F010400 50
028 F020400 0
028 F030400 0
028 F040400 3
028 G010400 219
028 G020400 0
028 G030400 0
028 G040400 4
028 H000400 0
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
<PAGE> PAGE 14
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 6
072 B000400 0
072 C000400 0
072 D000400 0
072 E000400 6
072 F000400 0
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 6
072 K000400 0
072 L000400 1
072 M000400 2
072 N000400 0
072 O000400 0
<PAGE> PAGE 15
072 P000400 0
072 Q000400 0
072 R000400 3
072 S000400 1
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 2
072 X000400 15
072 Y000400 14
072 Z000400 5
072AA000400 7
072BB000400 0
072CC010400 32
072CC020400 0
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 416
074 J000400 0
074 K000400 3
074 L000400 0
074 M000400 0
074 N000400 419
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 9
074 S000400 0
074 T000400 410
074 U010400 35
074 U020400 0
074 V010400 11.83
074 V020400 0.00
074 W000400 0.0000
074 X000400 412
<PAGE> PAGE 16
074 Y000400 0
075 A000400 0
075 B000400 264
076 000400 0.00
028 A010500 6
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 6
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 11
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 29
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 11
028 E020500 0
028 E030500 0
028 E040500 0
028 F010500 11
028 F020500 0
028 F030500 0
028 F040500 2
028 G010500 74
028 G020500 0
028 G030500 0
028 G040500 2
028 H000500 0
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
<PAGE> PAGE 17
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 0
071 B000500 0
071 C000500 0
071 D000500 0
072 A000500 6
072 B000500 0
072 C000500 0
072 D000500 0
072 E000500 2
072 F000500 0
072 G000500 0
072 H000500 0
072 I000500 0
072 J000500 6
072 K000500 0
072 L000500 1
072 M000500 2
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 2
072 S000500 1
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 2
072 X000500 14
072 Y000500 14
072 Z000500 2
072AA000500 1
072BB000500 0
072CC010500 13
<PAGE> PAGE 18
072CC020500 0
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 163
074 J000500 0
074 K000500 4
074 L000500 0
074 M000500 0
074 N000500 167
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 8
074 S000500 0
074 T000500 159
074 U010500 14
074 U020500 0
074 V010500 11.51
074 V020500 0.00
074 W000500 0.0000
074 X000500 268
074 Y000500 0
075 A000500 0
075 B000500 110
076 000500 0.00
028 A010600 10
028 A020600 0
028 A030600 0
028 A040600 10
028 B010600 5
028 B020600 0
028 B030600 0
028 B040600 0
028 C010600 18
028 C020600 0
<PAGE> PAGE 19
028 C030600 0
028 C040600 4
028 D010600 27
028 D020600 0
028 D030600 0
028 D040600 1
028 E010600 15
028 E020600 0
028 E030600 0
028 E040600 0
028 F010600 16
028 F020600 0
028 F030600 0
028 F040600 1
028 G010600 91
028 G020600 0
028 G030600 0
028 G040600 16
028 H000600 0
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
<PAGE> PAGE 20
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 6
072 B000600 0
072 C000600 0
072 D000600 0
072 E000600 1
072 F000600 0
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 6
072 K000600 0
072 L000600 1
072 M000600 2
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 2
072 S000600 1
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 1
072 X000600 13
072 Y000600 13
072 Z000600 1
072AA000600 0
072BB000600 2
072CC010600 14
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 0
<PAGE> PAGE 21
074 G000600 0
074 H000600 0
074 I000600 152
074 J000600 0
074 K000600 4
074 L000600 0
074 M000600 0
074 N000600 156
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 8
074 S000600 0
074 T000600 148
074 U010600 13
074 U020600 0
074 V010600 11.74
074 V020600 0.00
074 W000600 0.0000
074 X000600 246
074 Y000600 0
075 A000600 0
075 B000600 95
076 000600 0.00
028 A010700 10
028 A020700 0
028 A030700 0
028 A040700 1
028 B010700 8
028 B020700 0
028 B030700 0
028 B040700 0
028 C010700 13
028 C020700 0
028 C030700 0
028 C040700 4
028 D010700 48
028 D020700 0
028 D030700 0
028 D040700 0
028 E010700 16
028 E020700 0
028 E030700 0
028 E040700 0
028 F010700 18
028 F020700 0
028 F030700 0
028 F040700 3
<PAGE> PAGE 22
028 G010700 113
028 G020700 0
028 G030700 0
028 G040700 8
028 H000700 0
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 Y
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 0
071 B000700 0
071 C000700 0
071 D000700 0
072 A000700 6
072 B000700 0
072 C000700 0
072 D000700 0
072 E000700 1
072 F000700 0
<PAGE> PAGE 23
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 6
072 K000700 0
072 L000700 1
072 M000700 2
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 2
072 S000700 1
072 T000700 0
072 U000700 0
072 V000700 0
072 W000700 2
072 X000700 14
072 Y000700 13
072 Z000700 0
072AA000700 7
072BB000700 0
072CC010700 14
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 0
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 249
074 J000700 0
074 K000700 3
074 L000700 0
074 M000700 0
074 N000700 252
074 O000700 0
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
<PAGE> PAGE 24
074 R040700 6
074 S000700 0
074 T000700 246
074 U010700 20
074 U020700 0
074 V010700 12.49
074 V020700 0.00
074 W000700 0.0000
074 X000700 302
074 Y000700 0
075 A000700 0
075 B000700 170
076 000700 0.00
028 A010800 15
028 A020800 0
028 A030800 0
028 A040800 1
028 B010800 4
028 B020800 0
028 B030800 0
028 B040800 0
028 C010800 5
028 C020800 0
028 C030800 0
028 C040800 0
028 D010800 15
028 D020800 0
028 D030800 0
028 D040800 0
028 E010800 26
028 E020800 0
028 E030800 0
028 E040800 0
028 F010800 24
028 F020800 0
028 F030800 0
028 F040800 1
028 G010800 89
028 G020800 0
028 G030800 0
028 G040800 2
028 H000800 0
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
<PAGE> PAGE 25
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 0
071 B000800 0
071 C000800 0
071 D000800 0
072 A000800 6
072 B000800 0
072 C000800 0
072 D000800 0
072 E000800 1
072 F000800 0
072 G000800 0
072 H000800 0
072 I000800 0
072 J000800 6
072 K000800 0
072 L000800 1
072 M000800 2
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 3
072 S000800 1
072 T000800 0
<PAGE> PAGE 26
072 U000800 0
072 V000800 0
072 W000800 1
072 X000800 14
072 Y000800 13
072 Z000800 0
072AA000800 9
072BB000800 0
072CC010800 15
072CC020800 0
072DD010800 0
072DD020800 0
072EE000800 0
073 A010800 0.0000
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 0
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 203
074 J000800 0
074 K000800 3
074 L000800 0
074 M000800 0
074 N000800 206
074 O000800 0
074 P000800 0
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 8
074 S000800 0
074 T000800 198
074 U010800 16
074 U020800 0
074 V010800 12.63
074 V020800 0.00
074 W000800 0.0000
074 X000800 256
074 Y000800 0
075 A000800 0
075 B000800 130
076 000800 0.00
<PAGE> PAGE 27
SIGNATURE ALFRED C. SYLVAIN
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 1
<NAME> MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 4308
<ASSETS-OTHER> 47533
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 51841
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9998
<TOTAL-LIABILITIES> 9998
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40940
<SHARES-COMMON-STOCK> 4247
<SHARES-COMMON-PRIOR> 2611
<ACCUMULATED-NII-CURRENT> 910
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 41843
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 998
<EXPENSES-NET> 88
<NET-INVESTMENT-INCOME> 910
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 910
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2067
<NUMBER-OF-SHARES-REDEEMED> (431)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 16751
<ACCUMULATED-NII-PRIOR> 1711
<ACCUMULATED-GAINS-PRIOR> (7)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 15829
<AVERAGE-NET-ASSETS> 35005
<PER-SHARE-NAV-BEGIN> 9.61
<PER-SHARE-NII> 0.21
<PER-SHARE-GAIN-APPREC> 0.03
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.85
<EXPENSE-RATIO> 0.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 2
<NAME> HIGH QUALITY BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 4480
<ASSETS-OTHER> 40489
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 44969
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8927
<TOTAL-LIABILITIES> 8927
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34459
<SHARES-COMMON-STOCK> 3412
<SHARES-COMMON-PRIOR> 2115
<ACCUMULATED-NII-CURRENT> 900
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (257)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 940
<NET-ASSETS> 36042
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 975
<EXPENSES-NET> 75
<NET-INVESTMENT-INCOME> 900
<REALIZED-GAINS-CURRENT> (114)
<APPREC-INCREASE-CURRENT> 1093
<NET-CHANGE-FROM-OPS> 1879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1485
<NUMBER-OF-SHARES-REDEEMED> (188)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 15170
<ACCUMULATED-NII-PRIOR> 390
<ACCUMULATED-GAINS-PRIOR> (143)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 15
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13549
<AVERAGE-NET-ASSETS> 28036
<PER-SHARE-NAV-BEGIN> 9.87
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> 0.43
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.56
<EXPENSE-RATIO> 0.54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 3
<NAME> GOVERNMENT / CORPORATE BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 4499
<ASSETS-OTHER> 41068
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 45567
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8892
<TOTAL-LIABILITIES> 8892
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33498
<SHARES-COMMON-STOCK> 3286
<SHARES-COMMON-PRIOR> 2315
<ACCUMULATED-NII-CURRENT> 975
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (233)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2435
<NET-ASSETS> 36675
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 1053
<EXPENSES-NET> 78
<NET-INVESTMENT-INCOME> 975
<REALIZED-GAINS-CURRENT> 63
<APPREC-INCREASE-CURRENT> 2404
<NET-CHANGE-FROM-OPS> 3442
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 979
<NUMBER-OF-SHARES-REDEEMED> (8)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13738
<ACCUMULATED-NII-PRIOR> 451
<ACCUMULATED-GAINS-PRIOR> (296)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13555
<AVERAGE-NET-ASSETS> 29111
<PER-SHARE-NAV-BEGIN> 9.91
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> 0.95
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.16
<EXPENSE-RATIO> 0.54
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 4
<NAME> BALANCED FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 3565
<ASSETS-OTHER> 416119
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 419684
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9324
<TOTAL-LIABILITIES> 9324
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 367605
<SHARES-COMMON-STOCK> 34674
<SHARES-COMMON-PRIOR> 15087
<ACCUMULATED-NII-CURRENT> 4884
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6448
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31423
<NET-ASSETS> 410360
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 5657
<EXPENSES-NET> 773
<NET-INVESTMENT-INCOME> 4884
<REALIZED-GAINS-CURRENT> 6505
<APPREC-INCREASE-CURRENT> 32403
<NET-CHANGE-FROM-OPS> 43792
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19958
<NUMBER-OF-SHARES-REDEEMED> (371)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 258731
<ACCUMULATED-NII-PRIOR> 998
<ACCUMULATED-GAINS-PRIOR> (57)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 321
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14723
<AVERAGE-NET-ASSETS> 264022
<PER-SHARE-NAV-BEGIN> 10.05
<PER-SHARE-NII> 0.14
<PER-SHARE-GAIN-APPREC> 1.64
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.83
<EXPENSE-RATIO> 0.59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 5
<NAME> EQUITY INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 4127
<ASSETS-OTHER> 162876
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 167003
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7704
<TOTAL-LIABILITIES> 7704
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 144849
<SHARES-COMMON-STOCK> 13839
<SHARES-COMMON-PRIOR> 7133
<ACCUMULATED-NII-CURRENT> 1699
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1129
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11622
<NET-ASSETS> 159299
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 1962
<EXPENSES-NET> 263
<NET-INVESTMENT-INCOME> 1699
<REALIZED-GAINS-CURRENT> 1216
<APPREC-INCREASE-CURRENT> 13185
<NET-CHANGE-FROM-OPS> 16100
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6845
<NUMBER-OF-SHARES-REDEEMED> (139)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 88444
<ACCUMULATED-NII-PRIOR> 632
<ACCUMULATED-GAINS-PRIOR> (87)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 4
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14229
<AVERAGE-NET-ASSETS> 110240
<PER-SHARE-NAV-BEGIN> 9.93
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 1.46
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.51
<EXPENSE-RATIO> 0.48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 6
<NAME> GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 3721
<ASSETS-OTHER> 152153
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155874
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7684
<TOTAL-LIABILITIES> 7684
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 135339
<SHARES-COMMON-STOCK> 12626
<SHARES-COMMON-PRIOR> 5918
<ACCUMULATED-NII-CURRENT> 535
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1965)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14281
<NET-ASSETS> 148190
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 755
<EXPENSES-NET> 220
<NET-INVESTMENT-INCOME> 535
<REALIZED-GAINS-CURRENT> (1514)
<APPREC-INCREASE-CURRENT> 13749
<NET-CHANGE-FROM-OPS> 12770
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8237
<NUMBER-OF-SHARES-REDEEMED> (1529)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 87715
<ACCUMULATED-NII-PRIOR> 164
<ACCUMULATED-GAINS-PRIOR> (451)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 2
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13492
<AVERAGE-NET-ASSETS> 94695
<PER-SHARE-NAV-BEGIN> 10.22
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 1.48
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.74
<EXPENSE-RATIO> 0.46
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 7
<NAME> EQUITY GROWTH FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 2975
<ASSETS-OTHER> 248530
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 251505
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5901
<TOTAL-LIABILITIES> 5901
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 220928
<SHARES-COMMON-STOCK> 19661
<SHARES-COMMON-PRIOR> 10602
<ACCUMULATED-NII-CURRENT> (107)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5497
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19286
<NET-ASSETS> 245604
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 295
<EXPENSES-NET> 402
<NET-INVESTMENT-INCOME> (107)
<REALIZED-GAINS-CURRENT> 6657
<APPREC-INCREASE-CURRENT> 13685
<NET-CHANGE-FROM-OPS> 20235
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9704
<NUMBER-OF-SHARES-REDEEMED> (645)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 125234
<ACCUMULATED-NII-PRIOR> (79)
<ACCUMULATED-GAINS-PRIOR> (1160)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 45
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13773
<AVERAGE-NET-ASSETS> 169827
<PER-SHARE-NAV-BEGIN> 11.35
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.15
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.49
<EXPENSE-RATIO> 0.47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1
<SERIES>
<NUMBER> 8
<NAME> SPECIAL EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 2668
<ASSETS-OTHER> 203100
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 205768
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7718
<TOTAL-LIABILITIES> 7718
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 173046
<SHARES-COMMON-STOCK> 15681
<SHARES-COMMON-PRIOR> 8155
<ACCUMULATED-NII-CURRENT> (120)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9329
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15795
<NET-ASSETS> 198050
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 262
<EXPENSES-NET> 390
<NET-INVESTMENT-INCOME> (128)
<REALIZED-GAINS-CURRENT> 9025
<APPREC-INCREASE-CURRENT> 14564
<NET-CHANGE-FROM-OPS> 23461
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7686
<NUMBER-OF-SHARES-REDEEMED> (160)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 110345
<ACCUMULATED-NII-PRIOR> 11
<ACCUMULATED-GAINS-PRIOR> 1061
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 12837
<AVERAGE-NET-ASSETS> 129773
<PER-SHARE-NAV-BEGIN> 10.75
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 1.89
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.63
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
