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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 7
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<PAGE> PAGE 8
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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 18
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<PAGE> PAGE 20
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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SIGNATURE PEGGY VAUGHAN
TITLE ASST. SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 01
<NAME> ASSET ALLOCATION FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 11,580,337
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1,221,604
<INTEREST-INCOME> 2,627,334
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 3,848,937
<REALIZED-GAINS-CURRENT> 6,435,317
<APPREC-INCREASE-CURRENT> (2,514,488)
<NET-CHANGE-FROM-OPS> 7,769,766
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,468,426
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,787,462
<NUMBER-OF-SHARES-REDEEMED> 16,047,564
<SHARES-REINVESTED> 139,713
<NET-CHANGE-IN-ASSETS> 212,677,942
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 797,420
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 957,329
<AVERAGE-NET-ASSETS> 185,529,687
<PER-SHARE-NAV-BEGIN> 14.16
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> (0.09)
<PER-SHARE-DIVIDEND> (0.08)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.97
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> GROWTH FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
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<SHARES-COMMON-PRIOR> 5,030,734
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 765,464
<INTEREST-INCOME> 196,104
<OTHER-INCOME> 0
<EXPENSES-NET> (862,100)
<NET-INVESTMENT-INCOME> 99,468
<REALIZED-GAINS-CURRENT> 9,776,909
<APPREC-INCREASE-CURRENT> (664,833)
<NET-CHANGE-FROM-OPS> 9,211,544
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 67,554
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 458,872
<NUMBER-OF-SHARES-REDEEMED> 5,494,472
<SHARES-REINVESTED> 4,865
<NET-CHANGE-IN-ASSETS> (109,990,846)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 61
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 470,236
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 720,100
<AVERAGE-NET-ASSETS> 109,349,755
<PER-SHARE-NAV-BEGIN> 22.20
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.10
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 03
<NAME> MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 26,180,757
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,098,392
<OTHER-INCOME> 0
<EXPENSES-NET> (185,388)
<NET-INVESTMENT-INCOME> 913,005
<REALIZED-GAINS-CURRENT> 11
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 913,015
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 913,005
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 31,905,276
<NUMBER-OF-SHARES-REDEEMED> 59,056,353
<SHARES-REINVESTED> 920,320
<NET-CHANGE-IN-ASSETS> (48,495,940)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 97,008
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 251,834
<AVERAGE-NET-ASSETS> 30,035,411
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.86
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 04
<NAME> US GOVT ALLOCATION FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
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<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 3,401,100
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,539,882
<OTHER-INCOME> 0
<EXPENSES-NET> 266,913
<NET-INVESTMENT-INCOME> 1,272,969
<REALIZED-GAINS-CURRENT> (1,132,620)
<APPREC-INCREASE-CURRENT> 9,128
<NET-CHANGE-FROM-OPS> 149,477
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,269,115)
<DISTRIBUTIONS-OF-GAINS> (54,692)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 131,039
<NUMBER-OF-SHARES-REDEEMED> (3,580,865)
<SHARES-REINVESTED> 48,726
<NET-CHANGE-IN-ASSETS> (38,239,820)
<ACCUMULATED-NII-PRIOR> 54,645
<ACCUMULATED-GAINS-PRIOR> 20,045
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 161,753
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 361,042
<AVERAGE-NET-ASSETS> 37,678,252
<PER-SHARE-NAV-BEGIN> 10.21
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> (0.32)
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.99
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 05
<NAME> EQUITY VALUE FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
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<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1,156,666
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 241,710
<INTEREST-INCOME> 31,632
<OTHER-INCOME> 0
<EXPENSES-NET> (142,744)
<NET-INVESTMENT-INCOME> 130,598
<REALIZED-GAINS-CURRENT> (337,161)
<APPREC-INCREASE-CURRENT> (540,440)
<NET-CHANGE-FROM-OPS> (747,003)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 83,487
<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-SOLD> 1,501,467
<NUMBER-OF-SHARES-REDEEMED> 2,669,506
<SHARES-REINVESTED> 11,372
<NET-CHANGE-IN-ASSETS> (10,213,555)
<ACCUMULATED-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 77,877
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<PER-SHARE-NAV-BEGIN> 10.27
<PER-SHARE-NII> 0.03
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<PER-SHARE-NAV-END> 9.14
<EXPENSE-RATIO> 1.10
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 06
<NAME> STRATEGIC GROWTH
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> DEC-31-1998
<PERIOD-END> SEP-19-1999
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<NUMBER-OF-SHARES-SOLD> 44,552
<NUMBER-OF-SHARES-REDEEMED> (182,121)
<SHARES-REINVESTED> 25,074
<NET-CHANGE-IN-ASSETS> (1,435,950)
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</TABLE>
