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<PAGE> PAGE 2
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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 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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SIGNATURE
TITLE
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> MENTOR U.S. GOVERNMENT CASH MANAGEMENT PORTFOLIO
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,398
<TOTAL-LIABILITIES> 8,810
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 85,594
<SHARES-COMMON-STOCK> 6,695
<SHARES-COMMON-PRIOR> 6,342
<ACCUMULATED-NII-CURRENT> 345
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 608
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (834)
<NET-ASSETS> 85,714
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,557
<OTHER-INCOME> 0
<EXPENSES-NET> 42
<NET-INVESTMENT-INCOME> 2,515
<REALIZED-GAINS-CURRENT> 653
<APPREC-INCREASE-CURRENT> (2,272)
<NET-CHANGE-FROM-OPS> 896
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,380
<DISTRIBUTIONS-OF-GAINS> 799
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 741
<NUMBER-OF-SHARES-REDEEMED> 619
<SHARES-REINVESTED> 231
<NET-CHANGE-IN-ASSETS> 4,624
<ACCUMULATED-NII-PRIOR> 270
<ACCUMULATED-GAINS-PRIOR> 694
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 42
<AVERAGE-NET-ASSETS> 84,415
<PER-SHARE-NAV-BEGIN> 13.15
<PER-SHARE-NII> 0.38
<PER-SHARE-GAIN-APPREC> (0.25)
<PER-SHARE-DIVIDEND> 0.36
<PER-SHARE-DISTRIBUTIONS> 0.12
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.80
<EXPENSE-RATIO> 0.10
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> MENTOR PERPETUAL INTERNATIONAL PORTFOLIO-CLASS INST
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 129,469
<INVESTMENTS-AT-VALUE> 145,752
<RECEIVABLES> 4,172
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 24,629
<TOTAL-ASSETS> 174,553
<PAYABLE-FOR-SECURITIES> 4,236
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,989
<TOTAL-LIABILITIES> 29,225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122,682
<SHARES-COMMON-STOCK> 357
<SHARES-COMMON-PRIOR> 745
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,103
<NET-ASSETS> 145,328
<DIVIDEND-INCOME> 1,289
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> 1,161
<NET-INVESTMENT-INCOME> 273
<REALIZED-GAINS-CURRENT> 6,879
<APPREC-INCREASE-CURRENT> 13,682
<NET-CHANGE-FROM-OPS> 20,834
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 387
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,006
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,229
<AVERAGE-NET-ASSETS> 2,257
<PER-SHARE-NAV-BEGIN> 14.74
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> 2.12
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.19
<EXPENSE-RATIO> 1.28
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> MENTOR PERPETUAL INTERNATIONAL PORTFOLIO-CLASS A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 129,469
<INVESTMENTS-AT-VALUE> 145,752
<RECEIVABLES> 4,172
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 24,629
<TOTAL-ASSETS> 174,553
<PAYABLE-FOR-SECURITIES> 4,236
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,989
<TOTAL-LIABILITIES> 29,225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122,682
<SHARES-COMMON-STOCK> 4,928
<SHARES-COMMON-PRIOR> 4,284
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,103
<NET-ASSETS> 145,328
<DIVIDEND-INCOME> 1,289
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> 1,161
<NET-INVESTMENT-INCOME> 273
<REALIZED-GAINS-CURRENT> 6,879
<APPREC-INCREASE-CURRENT> 13,682
<NET-CHANGE-FROM-OPS> 20,384
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 94
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,724
<NUMBER-OF-SHARES-REDEEMED> 4,080
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,006
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,229
<AVERAGE-NET-ASSETS> 74,997
<PER-SHARE-NAV-BEGIN> 14.65
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 2.38
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.08
<EXPENSE-RATIO> 1.53
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> MENTOR PERPETUAL INTERNATIONAL PORTFOLIO-CLASS B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 129,469
<INVESTMENTS-AT-VALUE> 145,752
<RECEIVABLES> 4,172
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 24,629
<TOTAL-ASSETS> 174,553
<PAYABLE-FOR-SECURITIES> 4,236
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,989
<TOTAL-LIABILITIES> 29,225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122,682
<SHARES-COMMON-STOCK> 3,109
<SHARES-COMMON-PRIOR> 2,916
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,103
<NET-ASSETS> 145,328
<DIVIDEND-INCOME> 1,289
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> 1,161
<NET-INVESTMENT-INCOME> 273
<REALIZED-GAINS-CURRENT> 6,879
<APPREC-INCREASE-CURRENT> 13,682
<NET-CHANGE-FROM-OPS> 20,834
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 549
<NUMBER-OF-SHARES-REDEEMED> 356
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,006
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,229
<AVERAGE-NET-ASSETS> 32,610
<PER-SHARE-NAV-BEGIN> 14.52
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 2.34
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.86
<EXPENSE-RATIO> 2.28
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> MENTOR PERPETUAL INTERNATIONAL PORTFOLIO-CLASS E
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1999
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 129,469
<INVESTMENTS-AT-VALUE> 145,752
<RECEIVABLES> 4,172
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 24,629
<TOTAL-ASSETS> 174,553
<PAYABLE-FOR-SECURITIES> 4,236
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,989
<TOTAL-LIABILITIES> 29,225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122,682
<SHARES-COMMON-STOCK> 150
<SHARES-COMMON-PRIOR> 150
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 263
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6,103
<NET-ASSETS> 145,328
<DIVIDEND-INCOME> 1,289
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> 1,161
<NET-INVESTMENT-INCOME> 273
<REALIZED-GAINS-CURRENT> 6,879
<APPREC-INCREASE-CURRENT> 13,682
<NET-CHANGE-FROM-OPS> 20,834
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 27,006
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,229
<AVERAGE-NET-ASSETS> 16,998
<PER-SHARE-NAV-BEGIN> 14.72
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 2.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.16
<EXPENSE-RATIO> 1.53
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
