<PAGE> PAGE 1
000 B000000 12/31/97
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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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072 E000600 141
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<PAGE> PAGE 22
074 C000600 0
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028 A010700 6288
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028 B010700 5160
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028 B030700 0
028 B040700 3933
028 C010700 9568
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028 C030700 0
028 C040700 9296
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028 D030700 0
028 D040700 3796
028 E010700 4966
028 E020700 0
028 E030700 0
028 E040700 6461
<PAGE> PAGE 23
028 F010700 6899
028 F020700 747
028 F030700 0
028 F040700 5388
028 G010700 41230
028 G020700 747
028 G030700 0
028 G040700 35554
028 H000700 0
070 A010700 N
070 A020700 N
070 B010700 N
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 N
070 N020700 N
070 O010700 N
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 12
072 B000700 0
<PAGE> PAGE 24
072 C000700 0
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072 E000700 830
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072 U000700 0
072 V000700 0
072 W000700 2
072 X000700 129
072 Y000700 50
072 Z000700 751
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072BB000700 1
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072DD020700 0
072EE000700 0
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<PAGE> PAGE 25
074 Q000700 0
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074 V020700 0.00
074 W000700 10.2644
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028 A010800 1225
028 A020800 0
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028 F040800 87
028 G010800 11918
028 G020800 654
028 G030800 0
028 G040800 464
028 H000800 0
070 A010800 N
070 A020800 N
070 B010800 N
070 B020800 N
070 C010800 N
<PAGE> PAGE 26
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
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 12
072 B000800 0
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072 E000800 699
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072 M000800 2
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<PAGE> PAGE 27
072 Q000800 10
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072 Z000800 633
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072DD010800 654007
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<PAGE> PAGE 28
075 A000800 0
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070 A010900 N
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070 B010900 N
070 B020900 N
070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 N
<PAGE> PAGE 29
070 J020900 N
070 K010900 Y
070 K020900 Y
070 L010900 N
070 L020900 N
070 M010900 N
070 M020900 N
070 N010900 N
070 N020900 N
070 O010900 N
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 0
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072 Y000900 46
072 Z000900 79
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<PAGE> PAGE 30
072DD010900 908277
072DD020900 0
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073 A010900 0.7100
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028 A011000 447
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<PAGE> PAGE 31
028 C041000 28
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028 G041000 165
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070 A011000 N
070 A021000 N
070 B011000 N
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 N
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 N
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
<PAGE> PAGE 32
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000 0
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<PAGE> PAGE 33
074 H001000 0
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028 A011100 824
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<PAGE> PAGE 34
028 G021100 233
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070 A011100 N
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070 D021100 N
070 E011100 N
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070 F021100 N
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070 H011100 N
070 H021100 N
070 I011100 N
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070 J021100 N
070 K011100 Y
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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028 A011200 314
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070 A011200 N
070 A021200 N
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070 B021200 N
070 C011200 N
070 C021200 N
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070 D021200 N
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070 E021200 N
<PAGE> PAGE 37
070 F011200 N
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070 H011200 N
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070 K011200 Y
070 K021200 Y
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070 M021200 N
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070 O021200 N
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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028 G021300 584
028 G031300 0
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028 H001300 0
070 A011300 N
070 A021300 N
070 B011300 N
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 N
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 N
070 J021300 N
070 K011300 Y
070 K021300 Y
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070 L021300 N
<PAGE> PAGE 40
070 M011300 N
070 M021300 N
070 N011300 N
070 N021300 N
070 O011300 N
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
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<PAGE> PAGE 41
073 B001300 0.0300
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074 X001300 3363
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075 A001300 0
075 B001300 6139
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> EQUITY INCOME FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 62,812,841
<RECEIVABLES> 219,802
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,032,643
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 96,021
<TOTAL-LIABILITIES> 96,021
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56,445,291
<SHARES-COMMON-STOCK> 3,275,235
<SHARES-COMMON-PRIOR> 488,902
<ACCUMULATED-NII-CURRENT> 14,139
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,989,378
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,487,815
<NET-ASSETS> 62,936,622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 812,684
<EXPENSES-NET> 190,225
<NET-INVESTMENT-INCOME> 622,459
<REALIZED-GAINS-CURRENT> 3,876,093
<APPREC-INCREASE-CURRENT> 3,074,200
<NET-CHANGE-FROM-OPS> 7,572,752
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -616,350
<DISTRIBUTIONS-OF-GAINS> -890,184
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,164,818
<NUMBER-OF-SHARES-REDEEMED> -458,578
<SHARES-REINVESTED> 80,093
<NET-CHANGE-IN-ASSETS> 55,481,243
<ACCUMULATED-NII-PRIOR> 59,092
<ACCUMULATED-GAINS-PRIOR> 111,136
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 3,588
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 263,358
<AVERAGE-NET-ASSETS> 36,317,795
<PER-SHARE-NAV-BEGIN> 15
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 4
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> SPECIAL EQUITY FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 63,053,507
<RECEIVABLES> 258,371
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,311,878
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73,915
<TOTAL-LIABILITIES> 73,915
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56,339,038
<SHARES-COMMON-STOCK> 3,076,181
<SHARES-COMMON-PRIOR> 452,759
<ACCUMULATED-NII-CURRENT> -1,181,801
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,491,079
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,589,647
<NET-ASSETS> 63,237,963
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 167,760
<EXPENSES-NET> 232,458
<NET-INVESTMENT-INCOME> -64,698
<REALIZED-GAINS-CURRENT> 4,956,649
<APPREC-INCREASE-CURRENT> 4,277,812
<NET-CHANGE-FROM-OPS> 9,169,763
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -1,117,103
<DISTRIBUTIONS-OF-GAINS> -1,450,940
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,870,542
<NUMBER-OF-SHARES-REDEEMED> -378,487
<SHARES-REINVESTED> 131,367
<NET-CHANGE-IN-ASSETS> 55,501,616
<ACCUMULATED-NII-PRIOR> -8,406
<ACCUMULATED-GAINS-PRIOR> 325,617
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 13,116
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 261,273
<AVERAGE-NET-ASSETS> 35,579,938
<PER-SHARE-NAV-BEGIN> 17
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 5
<PER-SHARE-DIVIDEND> -1
<PER-SHARE-DISTRIBUTIONS> -1
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> GROWTH AND INCOME FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 60,864,925
<RECEIVABLES> 249,043
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 61,113,968
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 93,184
<TOTAL-LIABILITIES> 93,184
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 54,276,969
<SHARES-COMMON-STOCK> 3,359,643
<SHARES-COMMON-PRIOR> 397,951
<ACCUMULATED-NII-CURRENT> -142,243
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,501,520
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,384,538
<NET-ASSETS> 61,020,784
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 182,988
<EXPENSES-NET> 153,680
<NET-INVESTMENT-INCOME> 29,308
<REALIZED-GAINS-CURRENT> 3,294,673
<APPREC-INCREASE-CURRENT> 4,298,277
<NET-CHANGE-FROM-OPS> 7,622,258
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -190,275
<DISTRIBUTIONS-OF-GAINS> -804,562
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,301,631
<NUMBER-OF-SHARES-REDEEMED> -396,768
<SHARES-REINVESTED> 56,829
<NET-CHANGE-IN-ASSETS> 55,537,037
<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> 227,997
<AVERAGE-NET-ASSETS> 30,075,182
<PER-SHARE-NAV-BEGIN> 14
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 5
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> EQUITY GROWTH FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 57,106,179
<RECEIVABLES> 160,770
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 57,266,949
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 80,260
<TOTAL-LIABILITIES> 80,260
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 50,317,242
<SHARES-COMMON-STOCK> 3,224,919
<SHARES-COMMON-PRIOR> 266,262
<ACCUMULATED-NII-CURRENT> -851,218
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,223,458
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,507,422
<NET-ASSETS> 57,186,689
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 153,639
<EXPENSES-NET> 223,727
<NET-INVESTMENT-INCOME> -70,088
<REALIZED-GAINS-CURRENT> 3,223,458
<APPREC-INCREASE-CURRENT> 5,853,667
<NET-CHANGE-FROM-OPS> 9,007,037
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -781,130
<DISTRIBUTIONS-OF-GAINS> -1,010,215
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,463,320
<NUMBER-OF-SHARES-REDEEMED> -609,348
<SHARES-REINVESTED> 104,685
<NET-CHANGE-IN-ASSETS> 53,326,758
<ACCUMULATED-NII-PRIOR> -8,199
<ACCUMULATED-GAINS-PRIOR> 664,603
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 3,456
<GROSS-ADVISORY-FEES>
<INTEREST-EXPENSE>
<GROSS-EXPENSE> 270,029
<AVERAGE-NET-ASSETS> 37,408,691
<PER-SHARE-NAV-BEGIN> 15
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 4
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> BALANCED FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 48,929,505
<RECEIVABLES> 147,409
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 49,076,914
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62,595
<TOTAL-LIABILITIES> 62,595
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,452,844
<SHARES-COMMON-STOCK> 3,361,267
<SHARES-COMMON-PRIOR> 390,399
<ACCUMULATED-NII-CURRENT> -1,791,822
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,043,457
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 45,442
<NET-ASSETS> 49,014,319
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 1,161,708
<EXPENSES-NET> 197,839
<NET-INVESTMENT-INCOME> 963,869
<REALIZED-GAINS-CURRENT> 4,043,457
<APPREC-INCREASE-CURRENT> -115,729
<NET-CHANGE-FROM-OPS> 4,891,597
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -2,755,691
<DISTRIBUTIONS-OF-GAINS> -738,586
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,653,587
<NUMBER-OF-SHARES-REDEEMED> -925,192
<SHARES-REINVESTED> 242,473
<NET-CHANGE-IN-ASSETS> 43,832,206
<ACCUMULATED-NII-PRIOR> 73,532
<ACCUMULATED-GAINS-PRIOR> 264,051
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 7,809
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 235,102
<AVERAGE-NET-ASSETS> 32,259,036
<PER-SHARE-NAV-BEGIN> 13
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 2
<PER-SHARE-DIVIDEND> -1
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> INTERNATIONAL EQUITY FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 30,010,722
<RECEIVABLES> 114,948
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,125,670
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 62,128
<TOTAL-LIABILITIES> 62,128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,986,036
<SHARES-COMMON-STOCK> 2,534,851
<SHARES-COMMON-PRIOR> 212,884
<ACCUMULATED-NII-CURRENT> -426,125
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 566,939
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> -1,147,031
<NET-ASSETS> 30,063,542
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 140,853
<EXPENSES-NET> 90,650
<NET-INVESTMENT-INCOME> 50,203
<REALIZED-GAINS-CURRENT> 672,312
<APPREC-INCREASE-CURRENT> -1,056,138
<NET-CHANGE-FROM-OPS> -333,623
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -476,328
<DISTRIBUTIONS-OF-GAINS> -184,059
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,556,666
<NUMBER-OF-SHARES-REDEEMED> -291,462
<SHARES-REINVESTED> 56,763
<NET-CHANGE-IN-ASSETS> 27,665,263
<ACCUMULATED-NII-PRIOR> 2,499
<ACCUMULATED-GAINS-PRIOR> 13,712
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES>
<INTEREST-EXPENSE>
<GROSS-EXPENSE> 144,871
<AVERAGE-NET-ASSETS> 27,917,750
<PER-SHARE-NAV-BEGIN> 11
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> MONEY MARKET FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 21,243,401
<RECEIVABLES> 335,812
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,579,213
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 65,422
<TOTAL-LIABILITIES> 65,422
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,510,763
<SHARES-COMMON-STOCK> 2,095,956
<SHARES-COMMON-PRIOR> 374,174
<ACCUMULATED-NII-CURRENT> 3,845
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> -677
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 21,513,791
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 829,552
<EXPENSES-NET> 79,048
<NET-INVESTMENT-INCOME> 750,504
<REALIZED-GAINS-CURRENT> -677
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 749,827
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -746,659
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,854,786
<NUMBER-OF-SHARES-REDEEMED> -10,205,866
<SHARES-REINVESTED> 72,862
<NET-CHANGE-IN-ASSETS> 17,729,989
<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> 129,329
<AVERAGE-NET-ASSETS> 15,400,251
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> 1
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 8
<NAME> GOVERNMENT CORPORATE BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 21,494,495
<RECEIVABLES> 46,954
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,541,449
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36,622
<TOTAL-LIABILITIES> 36,622
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,196,717
<SHARES-COMMON-STOCK> 1,753,315
<SHARES-COMMON-PRIOR> 175,879
<ACCUMULATED-NII-CURRENT> -20,414
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 29,870
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 299,765
<NET-ASSETS> 21,504,827
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 699,458
<EXPENSES-NET> 66,932
<NET-INVESTMENT-INCOME> 632,526
<REALIZED-GAINS-CURRENT> 29,870
<APPREC-INCREASE-CURRENT> 288,345
<NET-CHANGE-FROM-OPS> 950,741
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -654,007
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,804,140
<NUMBER-OF-SHARES-REDEEMED> -280,015
<SHARES-REINVESTED> 53,311
<NET-CHANGE-IN-ASSETS> 19,448,700
<ACCUMULATED-NII-PRIOR> 36,394
<ACCUMULATED-GAINS-PRIOR> -149
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 102,545
<AVERAGE-NET-ASSETS> 10,807,703
<PER-SHARE-NAV-BEGIN> 12
<PER-SHARE-NII> 1
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 9
<NAME> EQUITY VALUE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 21,401,110
<RECEIVABLES> 38,018
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,439,128
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 129,289
<TOTAL-LIABILITIES> 129,289
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 21,028,414
<SHARES-COMMON-STOCK> 1,737,282
<SHARES-COMMON-PRIOR> 35,828
<ACCUMULATED-NII-CURRENT> -829,420
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,140,315
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,769
<NET-ASSETS> 21,309,839
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 120,560
<EXPENSES-NET> 41,999
<NET-INVESTMENT-INCOME> 78,561
<REALIZED-GAINS-CURRENT> 1,140,315
<APPREC-INCREASE-CURRENT> 35,075
<NET-CHANGE-FROM-OPS> 1,253,951
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -908,277
<DISTRIBUTIONS-OF-GAINS> -78,235
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,952,964
<NUMBER-OF-SHARES-REDEEMED> -334,141
<SHARES-REINVESTED> 82,631
<NET-CHANGE-IN-ASSETS> 20,924,631
<ACCUMULATED-NII-PRIOR> 691
<ACCUMULATED-GAINS-PRIOR> 6,142
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 87,789
<AVERAGE-NET-ASSETS> 8,463,468
<PER-SHARE-NAV-BEGIN> 11
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 2
<PER-SHARE-DIVIDEND> -1
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 10
<NAME> AGGRESSIVE EQUITY FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 8,815,097
<RECEIVABLES> 65,527
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,880,624
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,905
<TOTAL-LIABILITIES> 24,905
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,281,460
<SHARES-COMMON-STOCK> 885,774
<SHARES-COMMON-PRIOR> 34,618
<ACCUMULATED-NII-CURRENT> -21,161
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> -447,978
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 43,398
<NET-ASSETS> 8,855,719
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> -3,815
<EXPENSES-NET> 17,662
<NET-INVESTMENT-INCOME> -21,477
<REALIZED-GAINS-CURRENT> -447,978
<APPREC-INCREASE-CURRENT> 66,338
<NET-CHANGE-FROM-OPS> -403,117
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 958,378
<NUMBER-OF-SHARES-REDEEMED> -107,222
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 8,529,243
<ACCUMULATED-NII-PRIOR> -603
<ACCUMULATED-GAINS-PRIOR> 21,420
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES>
<INTEREST-EXPENSE>
<GROSS-EXPENSE> 57,248
<AVERAGE-NET-ASSETS> 3,968,088
<PER-SHARE-NAV-BEGIN> 9
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10
<EXPENSE-RATIO> 2
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> HIGH QUALITY BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 8,492,566
<RECEIVABLES> 15,432
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,507,998
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 27,156
<TOTAL-LIABILITIES> 27,156
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,508,133
<SHARES-COMMON-STOCK> 762,322
<SHARES-COMMON-PRIOR> 88,671
<ACCUMULATED-NII-CURRENT> 563
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> -73,634
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 45,780
<NET-ASSETS> 8,480,842
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 259,109
<EXPENSES-NET> 25,576
<NET-INVESTMENT-INCOME> 233,533
<REALIZED-GAINS-CURRENT> -73,634
<APPREC-INCREASE-CURRENT> 43,816
<NET-CHANGE-FROM-OPS> 203,715
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -233,191
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 841,630
<NUMBER-OF-SHARES-REDEEMED> -188,967
<SHARES-REINVESTED> 20,988
<NET-CHANGE-IN-ASSETS> 7,514,811
<ACCUMULATED-NII-PRIOR> 18,634
<ACCUMULATED-GAINS-PRIOR> -820
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 32
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 58,150
<AVERAGE-NET-ASSETS> 4,182,133
<PER-SHARE-NAV-BEGIN> 11
<PER-SHARE-NII> 1
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 12
<NAME> INTERMEDIATE GOVERNMENT BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 8,526,729
<RECEIVABLES> 12,777
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,539,506
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23,618
<TOTAL-LIABILITIES> 23,618
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,450,594
<SHARES-COMMON-STOCK> 798,187
<SHARES-COMMON-PRIOR> 87,487
<ACCUMULATED-NII-CURRENT> -3,643
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 908
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 68,111
<NET-ASSETS> 8,515,888
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 204,081
<EXPENSES-NET> 21,740
<NET-INVESTMENT-INCOME> 182,341
<REALIZED-GAINS-CURRENT> 908
<APPREC-INCREASE-CURRENT> 64,107
<NET-CHANGE-FROM-OPS> 247,356
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -185,984
<DISTRIBUTIONS-OF-GAINS> -82
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 783,539
<NUMBER-OF-SHARES-REDEEMED> -90,305
<SHARES-REINVESTED> 17,466
<NET-CHANGE-IN-ASSETS> 7,622,627
<ACCUMULATED-NII-PRIOR> 12,385
<ACCUMULATED-GAINS-PRIOR> -389
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 54,596
<AVERAGE-NET-ASSETS> 3,609,675
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> 1
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 13
<NAME> HIGH YIELD BOND FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 8,438,445
<RECEIVABLES> 18,952
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,457,397
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,593
<TOTAL-LIABILITIES> 26,593
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,234,905
<SHARES-COMMON-STOCK> 740,563
<SHARES-COMMON-PRIOR> 69,114
<ACCUMULATED-NII-CURRENT> -53,784
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 159,156
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 116,202
<NET-ASSETS> 8,430,804
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 535,023
<EXPENSES-NET> 30,385
<NET-INVESTMENT-INCOME> 504,638
<REALIZED-GAINS-CURRENT> 159,156
<APPREC-INCREASE-CURRENT> 101,096
<NET-CHANGE-FROM-OPS> 764,890
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> -559,433
<DISTRIBUTIONS-OF-GAINS> -24,868
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 975,614
<NUMBER-OF-SHARES-REDEEMED> -355,695
<SHARES-REINVESTED> 51,530
<NET-CHANGE-IN-ASSETS> 7,692,704
<ACCUMULATED-NII-PRIOR> 13,117
<ACCUMULATED-GAINS-PRIOR> -1,088
<OVERDISTRIB-NII-PRIOR>
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES>
<INTEREST-EXPENSE>
<GROSS-EXPENSE> 71,320
<AVERAGE-NET-ASSETS> 6,138,668
<PER-SHARE-NAV-BEGIN> 11
<PER-SHARE-NII> 1
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> -1
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11
<EXPENSE-RATIO> 1
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
