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010 A000001 SIGNATURE BROKER DEALER SERVICES, INC.
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010 C020001 MA
010 C030001 02116
010 A000002 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10036
010 A000003 PIERPONT GROUP INC.
010 C010003 NEW YORK
010 C020003 NY
010 C030003 10017
012 A000001 STATE STREET BANK & TRUST COMPANY
<PAGE>
012 B000001 84-0000000
012 C010001 BOSTON
012 C020001 MA
012 C030001 02101
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013 B020001 NY
013 B030001 10023
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020 A000003 SALOMON BROS
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020 A000004 LEHMAN BROS.
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020 A000007 GOLDMAN SACHS
020 C000007 66
020 A000008 CS FIRST BOSTON
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<PAGE>
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<PAGE>
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SIGNATURE JOHN R. ELDER
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the annual report
dated May 31, 1996 for the JPM Selected U.S. Equity Portfolio and is qualified
in its entirety by reference to such annual report.
</LEGEND>
<CIK> 0000909282
<NAME> THE JPM SELECTED U.S. EQUITY PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
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<FISCAL-YEAR-END> MAY-31-1996
<PERIOD-START> JUN-01-1995
<PERIOD-END> MAY-31-1996
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<INVESTMENTS-AT-VALUE> 703,684
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</TABLE>
