<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from TIFF
financial statements at June 30, 2000
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 016
<NAME> Multi-Asset
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 205,840,949
<INVESTMENTS-AT-VALUE> 232,565,610
<RECEIVABLES> 4,891,460
<ASSETS-OTHER> 3,000,000
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 240,457,070
<PAYABLE-FOR-SECURITIES> 8,725,552
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 261,858
<TOTAL-LIABILITIES> 8,987,410
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 190,709,991
<SHARES-COMMON-STOCK> 16,730,365
<SHARES-COMMON-PRIOR> 17,789,798
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 472,139
<ACCUMULATED-NET-GAINS> 13,678,804
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 26,608,726
<NET-ASSETS> 231,469,660
<DIVIDEND-INCOME> 1,404,951
<INTEREST-INCOME> 1,843,295
<OTHER-INCOME> 0
<EXPENSES-NET> (1,056,843)
<NET-INVESTMENT-INCOME> 2,191,403
<REALIZED-GAINS-CURRENT> 4,408,222
<APPREC-INCREASE-CURRENT> (33,231)
<NET-CHANGE-FROM-OPS> 6,566,394
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 690,336
<NUMBER-OF-SHARES-REDEEMED> (1,749,769)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (7,174,623)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 9,270,582
<OVERDISTRIB-NII-PRIOR> (1,719,264)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 227,036
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,056,843
<AVERAGE-NET-ASSETS> 228,181,261
<PER-SHARE-NAV-BEGIN> 13.41
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 0.29
<PER-SHARE-DIVIDEND> 0.02
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.84
<EXPENSE-RATIO> 0.93
</TABLE>
