<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
074 D000600 0
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028 A010700 4916
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<PAGE> PAGE 23
028 F020700 0
028 F030700 0
028 F040700 2588
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028 G040700 3857
028 H000700 0
070 A010700 Y
070 A020700 Y
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 N
070 L010700 Y
070 L020700 Y
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 Y
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
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070 R020700 N
071 A000700 0
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072 A000700 6
072 B000700 0
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<PAGE> PAGE 24
072 D000700 0
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072 Y000700 25
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072BB000700 572
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<PAGE> PAGE 25
074 R010700 0
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070 A010800 Y
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<PAGE> PAGE 26
070 D010800 Y
070 D020800 N
070 E010800 Y
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 Y
070 M020800 N
070 N010800 Y
070 N020800 Y
070 O010800 Y
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
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070 R020800 N
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<PAGE> PAGE 27
072 R000800 2
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<PAGE> PAGE 28
075 B000800 19959
076 000800 0.00
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<PAGE> PAGE 29
070 K010900 Y
070 K020900 Y
070 L010900 Y
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070 M020900 N
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<PAGE> PAGE 30
072DD020900 0
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028 A011000 614
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<PAGE> PAGE 31
028 D011000 590
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070 A011000 Y
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070 I021000 N
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<PAGE> PAGE 32
070 R011000 Y
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<PAGE> PAGE 33
074 I001000 6766
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<PAGE> PAGE 34
028 G031100 0
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070 A011100 Y
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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070 A011200 Y
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<PAGE> PAGE 37
070 F021200 N
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
070 M021300 N
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070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
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<PAGE> PAGE 41
073 C001300 0.0000
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076 001300 0.00
SIGNATURE ALFRED C. SYLVAIN
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> MONEY MARKET FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 17,323,052
<RECEIVABLES> 3,445
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 17,326,497
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 28,550
<TOTAL-LIABILITIES> 28,550
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,036,936
<SHARES-COMMON-STOCK> 1,670,387
<SHARES-COMMON-PRIOR> 374,174
<ACCUMULATED-NII-CURRENT> 261,163
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (152)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 17,297,947
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 288,373
<EXPENSES-NET> 27,210
<NET-INVESTMENT-INCOME> 261,163
<REALIZED-GAINS-CURRENT> (12)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 261,151
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,892,820
<NUMBER-OF-SHARES-REDEEMED> (4,596,607)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13,514,145
<ACCUMULATED-NII-PRIOR> 64,591
<ACCUMULATED-GAINS-PRIOR> (131)
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 20
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 51079
<AVERAGE-NET-ASSETS> 10,890,175
<PER-SHARE-NAV-BEGIN> 10.11
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.36
<EXPENSE-RATIO> .79
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> HIGH QUALITY BOND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 3,977,185
<RECEIVABLES> 2,469
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,979,654
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,512
<TOTAL-LIABILITIES> 19,512
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,893,328
<SHARES-COMMON-STOCK> 354,761
<SHARES-COMMON-PRIOR> 88,671
<ACCUMULATED-NII-CURRENT> 58,703
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,941)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,052
<NET-ASSETS> 3,960,142
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 64,878
<EXPENSES-NET> 6,394
<NET-INVESTMENT-INCOME> 58,484
<REALIZED-GAINS-CURRENT> (3,941)
<APPREC-INCREASE-CURRENT> 10,088
<NET-CHANGE-FROM-OPS> 64,631
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 299,991
<NUMBER-OF-SHARES-REDEEMED> (33,901)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,994,111
<ACCUMULATED-NII-PRIOR> 18,634
<ACCUMULATED-GAINS-PRIOR> (820)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 32
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 23,567
<AVERAGE-NET-ASSETS> 2,176,453
<PER-SHARE-NAV-BEGIN> 10.89
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> (.03)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.16
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> GOVERNMENT CORPORATE BOND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 9,316,355
<RECEIVABLES> 2,703
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9,319,058
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23,016
<TOTAL-LIABILITIES> 23,016
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,087,624
<SHARES-COMMON-STOCK> 775,071
<SHARES-COMMON-PRIOR> 175,879
<ACCUMULATED-NII-CURRENT> 176,099
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,266)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,585
<NET-ASSETS> 9,296,042
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 192,113
<EXPENSES-NET> 17,081
<NET-INVESTMENT-INCOME> 175,032
<REALIZED-GAINS-CURRENT> (155)
<APPREC-INCREASE-CURRENT> 22,165
<NET-CHANGE-FROM-OPS> 197,042
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 659,186
<NUMBER-OF-SHARES-REDEEMED> (59,994)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,239,915
<ACCUMULATED-NII-PRIOR> 36,394
<ACCUMULATED-GAINS-PRIOR> (149)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 35,501
<AVERAGE-NET-ASSETS> 5,804,243
<PER-SHARE-NAV-BEGIN> 11.69
<PER-SHARE-NII> .36
<PER-SHARE-GAIN-APPREC> (.06)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.99
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> BALANCED FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 32,924,244
<RECEIVABLES> 4,577
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,928,821
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 43,982
<TOTAL-LIABILITIES> 43,982
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 29,984,574
<SHARES-COMMON-STOCK> 2,215,633
<SHARES-COMMON-PRIOR> 390,399
<ACCUMULATED-NII-CURRENT> 391,812
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,752,999
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 755,454
<NET-ASSETS> 32,884,839
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 466,168
<EXPENSES-NET> 74,356
<NET-INVESTMENT-INCOME> 391,812
<REALIZED-GAINS-CURRENT> 1,750,012
<APPREC-INCREASE-CURRENT> 594,283
<NET-CHANGE-FROM-OPS> 2,736,107
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,554,096
<NUMBER-OF-SHARES-REDEEMED> (728,862)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,702,726
<ACCUMULATED-NII-PRIOR> 73,532
<ACCUMULATED-GAINS-PRIOR> 264,051
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 7,809
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 98,027
<AVERAGE-NET-ASSETS> 24,955,374
<PER-SHARE-NAV-BEGIN> 13.27
<PER-SHARE-NII> .22
<PER-SHARE-GAIN-APPREC> 1.35
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.84
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> EQUITY INCOME FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 37,535,658
<RECEIVABLES> 5,767
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 37,541,425
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 45,499
<TOTAL-LIABILITIES> 45,499
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 32,852,898
<SHARES-COMMON-STOCK> 2,050,671
<SHARES-COMMON-PRIOR> 488,902
<ACCUMULATED-NII-CURRENT> 221,955
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,114,933
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,306,140
<NET-ASSETS> 37,495,926
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 273,990
<EXPENSES-NET> 60,064
<NET-INVESTMENT-INCOME> 213,926
<REALIZED-GAINS-CURRENT> 1,111,464
<APPREC-INCREASE-CURRENT> 2,892,525
<NET-CHANGE-FROM-OPS> 4,217,915
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,760,526
<NUMBER-OF-SHARES-REDEEMED> (198,757)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 30,040,547
<ACCUMULATED-NII-PRIOR> 59,092
<ACCUMULATED-GAINS-PRIOR> 111,136
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3,588
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 94,689
<AVERAGE-NET-ASSETS> 23,791,968
<PER-SHARE-NAV-BEGIN> 15.25
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> 2.88
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.28
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 27,385,272
<RECEIVABLES> 5,004
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 27,390,276
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36,612
<TOTAL-LIABILITIES> 36,612
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24,193,485
<SHARES-COMMON-STOCK> 1,670,941
<SHARES-COMMON-PRIOR> 397,951
<ACCUMULATED-NII-CURRENT> 40,991
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 863,004
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,256,184
<NET-ASSETS> 27,353,664
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 60,210
<EXPENSES-NET> 37,943
<NET-INVESTMENT-INCOME> 22,267
<REALIZED-GAINS-CURRENT> 851,595
<APPREC-INCREASE-CURRENT> 2,169,923
<NET-CHANGE-FROM-OPS> 3,043,785
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,397,224
<NUMBER-OF-SHARES-REDEEMED> (124,234)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 21,869,917
<ACCUMULATED-NII-PRIOR> 8,995
<ACCUMULATED-GAINS-PRIOR> 245,458
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 31,070
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 69,027
<AVERAGE-NET-ASSETS> 15,704,655
<PER-SHARE-NAV-BEGIN> 13.78
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> 2.57
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.37
<EXPENSE-RATIO> 1.14
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> EQUITY GROWTH FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 40,393,075
<RECEIVABLES> 688
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 40,393,763
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44,694
<TOTAL-LIABILITIES> 44,694
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 36,943,560
<SHARES-COMMON-STOCK> 2,470,216
<SHARES-COMMON-PRIOR> 266,262
<ACCUMULATED-NII-CURRENT> (9,156)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (571,972)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,986,637
<NET-ASSETS> 40,349,069
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 63,535
<EXPENSES-NET> 72,691
<NET-INVESTMENT-INCOME> (9,156)
<REALIZED-GAINS-CURRENT> (571,972)
<APPREC-INCREASE-CURRENT> 4,332,882
<NET-CHANGE-FROM-OPS> 3,751,754
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,460,607
<NUMBER-OF-SHARES-REDEEMED> (256,653)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 36,489,138
<ACCUMULATED-NII-PRIOR> (8,199)
<ACCUMULATED-GAINS-PRIOR> 664,603
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 3,456
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 97,431
<AVERAGE-NET-ASSETS> 25,079,665
<PER-SHARE-NAV-BEGIN> 14.50
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.84
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.33
<EXPENSE-RATIO> 1.24
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> SPECIAL EQUITY FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 35,708,992
<RECEIVABLES> 1,530
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 35,710,522
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 42,979
<TOTAL-LIABILITIES> 42,979
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,943,397
<SHARES-COMMON-STOCK> 1,898,429
<SHARES-COMMON-PRIOR> 452,759
<ACCUMULATED-NII-CURRENT> (36,371)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 196,988
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,563,529
<NET-ASSETS> 35,667,543
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 26,264
<EXPENSES-NET> 62,635
<NET-INVESTMENT-INCOME> (36,371)
<REALIZED-GAINS-CURRENT> 211,353
<APPREC-INCREASE-CURRENT> 3,251,959
<NET-CHANGE-FROM-OPS> 3,426,941
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,590,384
<NUMBER-OF-SHARES-REDEEMED> (144,714)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,931,196
<ACCUMULATED-NII-PRIOR> (8,406)
<ACCUMULATED-GAINS-PRIOR> 325,617
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 13,116
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 82,258
<AVERAGE-NET-ASSETS> 19,959,000
<PER-SHARE-NAV-BEGIN> 17.09
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 1.73
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.79
<EXPENSE-RATIO> 1.49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> INTERMEDIATE GOVERNMENT BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 2,513,998
<RECEIVABLES> 2,582
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,516,580
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,529
<TOTAL-LIABILITIES> 19,529
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,436,718
<SHARES-COMMON-STOCK> 238,265
<SHARES-COMMON-PRIOR> 87,487
<ACCUMULATED-NII-CURRENT> 52,014
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 977
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,342
<NET-ASSETS> 2,497,051
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 58,103
<EXPENSES-NET> 6,089
<NET-INVESTMENT-INCOME> 52,014
<REALIZED-GAINS-CURRENT> 977
<APPREC-INCREASE-CURRENT> 3,338
<NET-CHANGE-FROM-OPS> 56,329
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 205,667
<NUMBER-OF-SHARES-REDEEMED> (54,889)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,603,790
<ACCUMULATED-NII-PRIOR> 12,385
<ACCUMULATED-GAINS-PRIOR> (389)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 23,961
<AVERAGE-NET-ASSETS> 2,083,146
<PER-SHARE-NAV-BEGIN> 10.21
<PER-SHARE-NII> .26
<PER-SHARE-GAIN-APPREC> .01
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.48
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> HIGH YIELD BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 6,765,747
<RECEIVABLES> 3,034
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6,768,781
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,337
<TOTAL-LIABILITIES> 20,337
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,540,437
<SHARES-COMMON-STOCK> 600,264
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<NAME> INTERNATIONAL EQUITY FUND
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<TABLE> <S> <C>
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<NAME> AGGRESSIVE EQUITY FUND
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<S> <C>
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<TABLE> <S> <C>
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<SERIES>
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<NAME> EQUITY VALUE FUND
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<S> <C>
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