<PAGE> PAGE 1
000 A000000 04/30/97
000 C000000 0000921104
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 GLOBAL INVESTMENT PORTFOLIO
001 B000000 811-8454
001 C000000 4153926181
002 A000000 50 CALIFORNIA STREET, 27TH FLOOR
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94111
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 GLOBAL FINANCIAL SERVICES PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 GLOBAL INFRASTRUCTURE PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 GLOBAL NATURAL RESOURCES PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 GLOBAL CONSUMER PRODUCTS & SERVICES PORTFOLIO
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 CHANCELLOR LGT ASSET MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-10254
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94111
010 A00AA01 CHANCELLOR LGT ASSET MANAGEMENT, INC.
010 B00AA01 801-10254
010 C01AA01 SAN FRANCISCO
010 C02AA01 CA
010 C03AA01 94111
<PAGE> PAGE 2
011 A00AA01 GT GLOBAL, INC.
011 B00AA01 8-37656
011 C01AA01 SAN FRANCISCO
011 C02AA01 CA
011 C03AA01 94111
012 A00AA01 GT GLOBAL INVESTOR SERVICES, INC.
012 B00AA01 84-1848
012 C01AA01 WALNUT CREEK
012 C02AA01 CA
012 C03AA01 94596
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 24
019 C00AA00 GTGLOBALXX
020 A000001 MERRILL, LYNCH, PIERCE, FENNER AND SMITH
020 C000001 105
020 A000002 ROCHDALE SECURITIES CORP
020 C000002 98
020 A000003 LEHMAN BROTHERS
020 C000003 85
020 A000004 WEEDEN & CO.
020 C000004 81
020 A000005 INSTINET CORP
020 C000005 64
020 A000006 BURNS FRY & TIMMINS INC.
020 C000006 51
020 A000007 SMITH BARNEY SHEARSON
020 C000007 51
020 A000008 ALFRED BERG
020 C000008 43
020 A000009 HOENIG & CO.
020 C000009 37
020 A000010 SALOMON BROTHERS
020 C000010 36
021 000000 1587
022 A000001 STATE STREET BANK & TRUST
022 C000001 4407018
022 D000001 0
022 A000002 SMITH BARNEY SHEARSON
022 C000002 13340
022 D000002 8451
<PAGE> PAGE 3
022 A000003 BANK OF AMERICA
022 C000003 20000
022 D000003 0
022 A000004 LEHMAN BROTHERS
022 C000004 8340
022 D000004 8410
022 A000005 MERRILL, LYNCH, PIERCE, FENNER AND SMITH
022 C000005 10301
022 D000005 5122
022 A000006 ROBERTSON, STEVENS & CO.
022 C000006 5652
022 D000006 8886
022 A000007 DONALDSON, LUFKIN, JENRETTE
022 C000007 10471
022 D000007 3245
022 A000008 GOLDMAN SACHS
022 C000008 7426
022 D000008 5508
022 A000009 RAYMOND JAMES
022 C000009 10821
022 D000009 2107
022 A000010 MONTGOMERY SECURITIES
022 C000010 4130
022 D000010 8649
023 C000000 4597922
023 D000000 107873
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 Y
026 H000000 Y
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
<PAGE> PAGE 4
048 A01AA00 500000
048 A02AA00 0.725
048 B01AA00 500000
048 B02AA00 0.700
048 C01AA00 500000
048 C02AA00 0.675
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 1500000
048 K02AA00 0.650
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
077 A000000 N
078 000000 N
024 000100 Y
025 A000101 BANKAMERICA CORP.
025 C000101 E
025 D000101 2186
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 6142
<PAGE> PAGE 5
028 A020100 0
028 A030100 0
028 A040100 1445
028 B010100 2415
028 B020100 0
028 B030100 0
028 B040100 3116
028 C010100 1887
028 C020100 0
028 C030100 0
028 C040100 475
028 D010100 13666
028 D020100 0
028 D030100 0
028 D040100 1157
028 E010100 9067
028 E020100 0
028 E030100 0
028 E040100 3081
028 F010100 6048
028 F020100 0
028 F030100 0
028 F040100 3827
028 G010100 39225
028 G020100 0
028 G030100 0
028 G040100 13101
028 H000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
<PAGE> PAGE 6
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
066 A000100 Y
066 C000100 Y
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
<PAGE> PAGE 7
070 R010100 Y
070 R020100 N
071 A000100 38457
071 B000100 17027
071 C000100 27107
071 D000100 63
072 A000100 6
072 B000100 68
072 C000100 458
072 D000100 0
072 E000100 0
072 F000100 104
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 16
072 K000100 0
072 L000100 0
072 M000100 3
072 N000100 0
072 O000100 0
072 P000100 1
072 Q000100 0
072 R000100 0
072 S000100 1
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 1
072 X000100 126
072 Y000100 8
072 Z000100 408
072AA000100 1137
072BB000100 0
072CC010100 830
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1234
074 B000100 5243
074 C000100 0
074 D000100 0
074 E000100 401
074 F000100 38763
074 G000100 0
074 H000100 0
<PAGE> PAGE 8
074 I000100 4
074 J000100 0
074 K000100 0
074 L000100 126
074 M000100 3193
074 N000100 48964
074 O000100 669
074 P000100 104
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 3218
074 S000100 0
074 T000100 44973
074 U010100 44973
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 2
074 Y000100 0
075 A000100 0
075 B000100 29607
076 000100 0.00
024 000200 N
028 A010200 2656
028 A020200 0
028 A030200 0
028 A040200 1053
028 B010200 2477
028 B020200 0
028 B030200 0
028 B040200 2358
028 C010200 5533
028 C020200 0
028 C030200 0
028 C040200 2052
028 D010200 2757
028 D020200 0
028 D030200 0
028 D040200 758
028 E010200 910
028 E020200 0
028 E030200 0
028 E040200 1708
028 F010200 1019
028 F020200 0
028 F030200 0
028 F040200 996
028 G010200 15352
<PAGE> PAGE 9
028 G020200 0
028 G030200 0
028 G040200 8925
028 H000200 0
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 N
056 000200 Y
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 Y
060 B000200 Y
061 000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
066 A000200 Y
066 C000200 Y
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
<PAGE> PAGE 10
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 24310
071 B000200 22440
071 C000200 93118
071 D000200 24
072 A000200 6
072 B000200 231
072 C000200 659
072 D000200 0
072 E000200 0
072 F000200 370
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 13
072 K000200 0
072 L000200 0
072 M000200 3
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 5
<PAGE> PAGE 11
072 S000200 1
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 5
072 X000200 397
072 Y000200 40
072 Z000200 533
072AA000200 3738
072BB000200 0
072CC010200 1833
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 213
074 B000200 10845
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 92540
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 874
074 K000200 0
074 L000200 179
074 M000200 7672
074 N000200 112323
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 7768
074 S000200 0
074 T000200 104555
074 U010200 104555
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 2
074 Y000200 0
075 A000200 0
075 B000200 102012
<PAGE> PAGE 12
076 000200 0.00
024 000300 N
028 A010300 20609
028 A020300 0
028 A030300 0
028 A040300 8616
028 B010300 21856
028 B020300 0
028 B030300 0
028 B040300 12331
028 C010300 33088
028 C020300 0
028 C030300 0
028 C040300 16005
028 D010300 8197
028 D020300 0
028 D030300 0
028 D040300 18520
028 E010300 10660
028 E020300 0
028 E030300 0
028 E040300 11240
028 F010300 3210
028 F020300 0
028 F030300 0
028 F040300 8257
028 G010300 97620
028 G020300 0
028 G030300 0
028 G040300 74969
028 H000300 0
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 Y
053 B000300 Y
053 C000300 N
055 A000300 Y
055 B000300 Y
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
<PAGE> PAGE 13
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
066 A000300 Y
066 C000300 Y
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 Y
070 O010300 Y
070 O020300 N
070 P010300 Y
<PAGE> PAGE 14
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 230283
071 B000300 229370
071 C000300 117037
071 D000300 196
072 A000300 6
072 B000300 257
072 C000300 190
072 D000300 0
072 E000300 0
072 F000300 476
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 24
072 K000300 0
072 L000300 0
072 M000300 3
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 5
072 S000300 1
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 31
072 X000300 540
072 Y000300 52
072 Z000300 -41
072AA000300 0
072BB000300 2152
072CC010300 0
072CC020300 20997
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 6876
074 B000300 22296
074 C000300 0
074 D000300 0
074 E000300 0
<PAGE> PAGE 15
074 F000300 83873
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 4177
074 K000300 0
074 L000300 56
074 M000300 6945
074 N000300 124223
074 O000300 5666
074 P000300 69
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 6978
074 S000300 0
074 T000300 111510
074 U010300 111510
074 U020300 0
074 V010300 1.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 2
074 Y000300 0
075 A000300 0
075 B000300 128105
076 000300 0.00
024 000400 Y
025 A000401 BANKAMERICA
025 C000401 E
025 D000401 3156
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 14530
028 A020400 0
028 A030400 0
028 A040400 6773
028 B010400 7482
028 B020400 0
028 B030400 0
028 B040400 5747
028 C010400 6941
028 C020400 0
028 C030400 0
028 C040400 5563
<PAGE> PAGE 16
028 D010400 4345
028 D020400 0
028 D030400 0
028 D040400 4714
028 E010400 3794
028 E020400 0
028 E030400 0
028 E040400 4977
028 F010400 1451
028 F020400 0
028 F030400 0
028 F040400 8655
028 G010400 38543
028 G020400 0
028 G030400 0
028 G040400 36429
028 H000400 0
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
<PAGE> PAGE 17
066 A000400 Y
066 C000400 Y
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 Y
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 338176
071 B000400 355175
071 C000400 160538
071 D000400 211
072 A000400 6
072 B000400 393
072 C000400 653
072 D000400 0
072 E000400 2
<PAGE> PAGE 18
072 F000400 620
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 29
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 1
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 650
072 Y000400 100
072 Z000400 498
072AA000400 0
072BB000400 12351
072CC010400 0
072CC020400 7811
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 14
074 B000400 39179
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 128843
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 1630
074 K000400 0
074 L000400 277
074 M000400 7090
074 N000400 177033
074 O000400 17084
074 P000400 93
074 Q000400 0
074 R010400 0
074 R020400 0
<PAGE> PAGE 19
074 R030400 0
074 R040400 7113
074 S000400 0
074 T000400 152743
074 U010400 152743
074 U020400 0
074 V010400 1.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 3
074 Y000400 0
075 A000400 0
075 B000400 169806
076 000400 0.00
SIGNATURE PAMELA RUDDOCK
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000921104
<NAME> GLOBAL INVESTMENT PORTFOLIO
<SERIES>
<NUMBER> 01
<NAME> GLOBAL FINANCIAL SERVICES PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 42167
<INVESTMENTS-AT-VALUE> 44411
<RECEIVABLES> 126
<ASSETS-OTHER> 4427
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48964
<PAYABLE-FOR-SECURITIES> 669
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3322
<TOTAL-LIABILITIES> 3991
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 39472
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 841
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2430
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2230
<NET-ASSETS> 44973
<DIVIDEND-INCOME> 458
<INTEREST-INCOME> 68
<OTHER-INCOME> 0
<EXPENSES-NET> (118)
<NET-INVESTMENT-INCOME> 408
<REALIZED-GAINS-CURRENT> 1137
<APPREC-INCREASE-CURRENT> 830
<NET-CHANGE-FROM-OPS> 2376
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 39225
<NUMBER-OF-SHARES-REDEEMED> (13101)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 28499
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 104
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 126
<AVERAGE-NET-ASSETS> 29607
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .40
<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
FUND'S SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000921104
<NAME> GLOBAL INVESTMENT PORTFOLIO
<SERIES>
<NUMBER> 02
<NAME> GLOBAL INFRASTRUCTURE PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 91420
<INVESTMENTS-AT-VALUE> 103384
<RECEIVABLES> 1053
<ASSETS-OTHER> 7886
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 112323
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7768
<TOTAL-LIABILITIES> 7768
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 80856
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2729
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8939
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12031
<NET-ASSETS> 104555
<DIVIDEND-INCOME> 659
<INTEREST-INCOME> 231
<OTHER-INCOME> 0
<EXPENSES-NET> (357)
<NET-INVESTMENT-INCOME> 533
<REALIZED-GAINS-CURRENT> 3738
<APPREC-INCREASE-CURRENT> 1832
<NET-CHANGE-FROM-OPS> 6103
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15352
<NUMBER-OF-SHARES-REDEEMED> (8925)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 12530
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 370
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 397
<AVERAGE-NET-ASSETS> 102012
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .75
<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 FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000921104
<NAME> GLOBAL INVESTMENT PORTFOLIO
<SERIES>
<NUMBER> 03
<NAME> GLOBAL NATURAL RESOURCES PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 111337
<INVESTMENTS-AT-VALUE> 106169
<RECEIVABLES> 4233
<ASSETS-OTHER> 13821
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 124223
<PAYABLE-FOR-SECURITIES> 5666
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7047
<TOTAL-LIABILITIES> 12713
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 113473
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 608
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2643
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (5214)
<NET-ASSETS> 111510
<DIVIDEND-INCOME> 190
<INTEREST-INCOME> 257
<OTHER-INCOME> 0
<EXPENSES-NET> (488)
<NET-INVESTMENT-INCOME> (41)
<REALIZED-GAINS-CURRENT> (2152)
<APPREC-INCREASE-CURRENT> (20997)
<NET-CHANGE-FROM-OPS> (23190)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97621
<NUMBER-OF-SHARES-REDEEMED> (74969)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (538)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 476
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 540
<AVERAGE-NET-ASSETS> 128105
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .72
<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 FUND'S
SEMI-ANNUAL FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000921104
<NAME> GLOBAL INVESTMENT PORTFOLIO
<SERIES>
<NUMBER> 04
<NAME> GLOBAL CONSUMER PRODUCTS AND SERVICES PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1997
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
<INVESTMENTS-AT-COST> 166557
<INVESTMENTS-AT-VALUE> 168022
<RECEIVABLES> 1907
<ASSETS-OTHER> 7104
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 177033
<PAYABLE-FOR-SECURITIES> 17084
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7206
<TOTAL-LIABILITIES> 24290
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 154041
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 732
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3482)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1452
<NET-ASSETS> 152743
<DIVIDEND-INCOME> 653
<INTEREST-INCOME> 393
<OTHER-INCOME> 2
<EXPENSES-NET> (550)
<NET-INVESTMENT-INCOME> 498
<REALIZED-GAINS-CURRENT> (12351)
<APPREC-INCREASE-CURRENT> (7811)
<NET-CHANGE-FROM-OPS> (19664)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38543
<NUMBER-OF-SHARES-REDEEMED> (36429)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (17550)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 620
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 650
<AVERAGE-NET-ASSETS> 169806
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .64
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
