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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 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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070 R020400 N
071 A000400 20568
071 B000400 16224
071 C000400 7765
071 D000400 209
072 A000400 12
072 B000400 41
072 C000400 32
072 D000400 0
072 E000400 0
072 F000400 67
072 G000400 12
072 H000400 0
072 I000400 7
072 J000400 2
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 49
072 R000400 11
072 S000400 3
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 6
072 X000400 157
072 Y000400 90
072 Z000400 6
072AA000400 917
072BB000400 0
072CC010400 0
072CC020400 237
072DD010400 6
<PAGE> PAGE 22
072DD020400 0
072EE000400 1510
073 A010400 0.0100
073 A020400 0.0000
073 B000400 1.9700
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 10734
074 G000400 0
074 H000400 0
074 I000400 882
074 J000400 199
074 K000400 0
074 L000400 32
074 M000400 0
074 N000400 11847
074 O000400 349
074 P000400 4
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 12
074 S000400 0
074 T000400 11482
074 U010400 899
074 U020400 0
074 V010400 12.77
074 V020400 0.00
074 W000400 0.0000
074 X000400 3
074 Y000400 0
075 A000400 0
075 B000400 8359
076 000400 0.00
SIGNATURE TOM SHEEHAN
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
NORWEST SELECT ANNUAL REPORT DATED DECEMBER 31, 1997 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 002
<NAME> SELECT INTERMEDIATE BOND FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 8,899,791
<INVESTMENTS-AT-VALUE> 9,102,678
<RECEIVABLES> 127,784
<ASSETS-OTHER> 14,035
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 9,244,497
<PAYABLE-FOR-SECURITIES> 13,818
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,681
<TOTAL-LIABILITIES> 15,499
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,026,111
<SHARES-COMMON-STOCK> 834,244
<SHARES-COMMON-PRIOR> 555,820
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 202,887
<NET-ASSETS> 9,228,998
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 488,768
<OTHER-INCOME> 0
<EXPENSES-NET> 44,417
<NET-INVESTMENT-INCOME> 444,351
<REALIZED-GAINS-CURRENT> 54,845
<APPREC-INCREASE-CURRENT> 184,401
<NET-CHANGE-FROM-OPS> 683,597
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 442,578
<DISTRIBUTIONS-OF-GAINS> 55,635
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,364,950
<NUMBER-OF-SHARES-REDEEMED> 779,711
<SHARES-REINVESTED> 499,587
<NET-CHANGE-IN-ASSETS> 3,270,210
<ACCUMULATED-NII-PRIOR> (422)
<ACCUMULATED-GAINS-PRIOR> (162)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 44,422
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 146,106
<AVERAGE-NET-ASSETS> 7,403,628
<PER-SHARE-NAV-BEGIN> 10.72
<PER-SHARE-NII> .56
<PER-SHARE-GAIN-APPREC> .41
<PER-SHARE-DIVIDEND> .56
<PER-SHARE-DISTRIBUTIONS> .07
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.06
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
NORWEST SELECT ANNUAL REPORT DATED DECEMBER 31, 1997 AND IS QUALIFIED
IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 003
<NAME> SELECT VALUGROWTH STOCK FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 17,290,479
<INVESTMENTS-AT-VALUE> 21,706,511
<RECEIVABLES> 63,629
<ASSETS-OTHER> 14,035
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 21,784,175
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 20,651
<TOTAL-LIABILITIES> 20,651
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,414,278
<SHARES-COMMON-STOCK> 1,261,109
<SHARES-COMMON-PRIOR> 737,045
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (66,786)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,416,032
<NET-ASSETS> 21,763,524
<DIVIDEND-INCOME> 217,988
<INTEREST-INCOME> 46,918
<OTHER-INCOME> 0
<EXPENSES-NET> 126,636
<NET-INVESTMENT-INCOME> 138,270
<REALIZED-GAINS-CURRENT> 368,121
<APPREC-INCREASE-CURRENT> 2,481,842
<NET-CHANGE-FROM-OPS> 2,988,233
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 138,437
<DISTRIBUTIONS-OF-GAINS> 439,845
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,661,580
<NUMBER-OF-SHARES-REDEEMED> 471,118
<SHARES-REINVESTED> 579,726
<NET-CHANGE-IN-ASSETS> 11,180,139
<ACCUMULATED-NII-PRIOR> 156
<ACCUMULATED-GAINS-PRIOR> (49,720)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 126,680
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 237,942
<AVERAGE-NET-ASSETS> 15,834,979
<PER-SHARE-NAV-BEGIN> 14.36
<PER-SHARE-NII> .11
<PER-SHARE-GAIN-APPREC> 3.26
<PER-SHARE-DIVIDEND> .11
<PER-SHARE-DISTRIBUTIONS> .32
<RETURNS-OF-CAPITAL> .04
<PER-SHARE-NAV-END> 17.26
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
NORWEST SELECT ANNUAL REPORT DATED DECEMBER 31, 1997 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 005
<NAME> SELECT INCOME EQUITY FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 35,037,310
<INVESTMENTS-AT-VALUE> 39,776,990
<RECEIVABLES> 159,380
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 39,936,370
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,122
<TOTAL-LIABILITIES> 48,122
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 35,148,626
<SHARES-COMMON-STOCK> 2,914,891
<SHARES-COMMON-PRIOR> 862,697
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (58)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,739,680
<NET-ASSETS> 39,888,248
<DIVIDEND-INCOME> 500,677
<INTEREST-INCOME> 71,748
<OTHER-INCOME> 0
<EXPENSES-NET> 172,579
<NET-INVESTMENT-INCOME> 399,846
<REALIZED-GAINS-CURRENT> 60,742
<APPREC-INCREASE-CURRENT> 4,240,072
<NET-CHANGE-FROM-OPS> 4,700,660
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 402,934
<DISTRIBUTIONS-OF-GAINS> 60,744
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 26,014,466
<NUMBER-OF-SHARES-REDEEMED> 243,189
<SHARES-REINVESTED> 464,753
<NET-CHANGE-IN-ASSETS> 30,473,012
<ACCUMULATED-NII-PRIOR> 90
<ACCUMULATED-GAINS-PRIOR> (59)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 172,660
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 289,518
<AVERAGE-NET-ASSETS> 21,582,520
<PER-SHARE-NAV-BEGIN> 10.91
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 2.79
<PER-SHARE-DIVIDEND> .14
<PER-SHARE-DISTRIBUTIONS> .02
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.68
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
NORWEST SELECT ANNUAL REPORT DATED DECEMBER 31, 1997 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 004
<NAME> SELECT SMALL COMPANY STOCK FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 11,148,077
<INVESTMENTS-AT-VALUE> 11,615,689
<RECEIVABLES> 231,247
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,846,936
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 365,104
<TOTAL-LIABILITIES> 365,104
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,316,171
<SHARES-COMMON-STOCK> 899,262
<SHARES-COMMON-PRIOR> 451,235
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (301,951)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 467,612
<NET-ASSETS> 11,481,832
<DIVIDEND-INCOME> 32,495
<INTEREST-INCOME> 40,523
<OTHER-INCOME> 0
<EXPENSES-NET> 66,865
<NET-INVESTMENT-INCOME> 6,153
<REALIZED-GAINS-CURRENT> 917,143
<APPREC-INCREASE-CURRENT> (237,269)
<NET-CHANGE-FROM-OPS> 686,027
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,441
<DISTRIBUTIONS-OF-GAINS> 1,510,484
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,984,738
<NUMBER-OF-SHARES-REDEEMED> 284,927
<SHARES-REINVESTED> 1,522,252
<NET-CHANGE-IN-ASSETS> 5,391,165
<ACCUMULATED-NII-PRIOR> 32
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 66,869
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 156,726
<AVERAGE-NET-ASSETS> 8,358,602
<PER-SHARE-NAV-BEGIN> 13.50
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.24
<PER-SHARE-DIVIDEND> .01
<PER-SHARE-DISTRIBUTIONS> 1.59
<RETURNS-OF-CAPITAL> .38
<PER-SHARE-NAV-END> 12.77
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
