INTERACTIVE INVESTMENTS
NSAR-A, 1997-08-29
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<PAGE>      PAGE  1
000 A000000 06/30/97
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001 A000000 INTERACTIVE INVESTMENTS
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SIGNATURE   JOHN F. SPLAIN                               
TITLE       ASSISTANT SECRETARY 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000917124
<NAME> INTERACTIVE INVESTMENTS - TECHNOLOGY VALUE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                       99,582,710
<INVESTMENTS-AT-VALUE>                     114,902,519
<RECEIVABLES>                                2,184,757
<ASSETS-OTHER>                                  11,578
<OTHER-ITEMS-ASSETS>                               888
<TOTAL-ASSETS>                             117,099,742
<PAYABLE-FOR-SECURITIES>                     8,136,375
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      217,055
<TOTAL-LIABILITIES>                          8,353,430
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    94,180,157
<SHARES-COMMON-STOCK>                        3,432,876
<SHARES-COMMON-PRIOR>                        1,316,632
<ACCUMULATED-NII-CURRENT>                    (432,532)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (321,122)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,319,809
<NET-ASSETS>                               108,746,312
<DIVIDEND-INCOME>                               12,344
<INTEREST-INCOME>                              134,711
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 579,587
<NET-INVESTMENT-INCOME>                      (432,532)
<REALIZED-GAINS-CURRENT>                     (257,726)
<APPREC-INCREASE-CURRENT>                   13,094,571
<NET-CHANGE-FROM-OPS>                       12,404,313
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       238,678
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,432,255
<NUMBER-OF-SHARES-REDEEMED>                  1,322,851
<SHARES-REINVESTED>                              6,840
<NET-CHANGE-IN-ASSETS>                      73,642,210
<ACCUMULATED-NII-PRIOR>                      (125,410)
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<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                579,587
<AVERAGE-NET-ASSETS>                        61,736,356
<PER-SHARE-NAV-BEGIN>                            26.66
<PER-SHARE-NII>                                 (0.07)
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<PER-SHARE-DIVIDEND>                                 0
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<EXPENSE-RATIO>                                   1.89
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</TABLE>


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