<PAGE> PAGE 1
000 A000000 11/21/97
000 C000000 0000923499
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 QUALIVEST FUNDS
001 B000000 811-8406
001 C000000 6144708000
002 A000000 3435 STELZER ROAD
002 B000000 COLUMBUS
002 C000000 OH
002 D010000 43219
002 D020000 3035
003 000000 N
004 000000 Y
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 13
007 C010100 1
007 C020100 QUALIVEST MONEY MARKET FUND
007 C030100 Y
007 C010200 2
007 C020200 QUALIVEST U.S. TREASURY MONEY MARKET FUND
007 C030200 Y
007 C010300 3
007 C020300 QUALIVEST TAX FREE MONEY MARKET FUND
007 C030300 Y
007 C010400 4
007 C020400 QUALIVEST INTERMEDIATE BOND FUND
007 C030400 Y
007 C010500 5
007 C020500 QUALIVEST SMALL COMPANIES VALUE FUND
007 C030500 Y
007 C010600 6
007 C020600 QUALIVEST LARGE COMPANIES VALUE FUND
007 C030600 Y
007 C010700 7
007 C010800 8
007 C010900 9
007 C020900 QUALIVEST DIVERSIFIED BOND FUND
007 C030900 Y
007 C011000 10
007 C021000 QUALIVEST OPTIMIZED STOCK FUND
007 C031000 Y
007 C011100 11
007 C021100 QUALIVEST INTERNATIONAL OPPORTUNITIES FUND
<PAGE> PAGE 2
007 C031100 Y
007 C011200 12
007 C021200 QUALIVEST ALLOCATED CONSERVATIVE FUND
007 C031200 Y
007 C011300 13
007 C021300 QUALIVEST ALLOCATED BALANCED FUND
007 C031300 Y
007 C011400 14
007 C021400 QUALIVEST ALLOCATED GROWTH FUND
007 C031400 Y
007 C011500 15
007 C021500 QUALIVEST ALLOCATED AGGRESSIVE FUND
007 C031500 Y
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 QUALIVEST CAPITAL MANAGEMENT
008 B00AA01 A
008 C00AA01 801-000000
008 D01AA01 PORTLAND
008 D02AA01 OR
008 D03AA01 97208
010 A00AA01 BISYS FUND SERVICES
010 C01AA01 COLUMBUS
010 C02AA01 OH
010 C03AA01 43219
010 C04AA01 3035
011 A00AA01 BISYS FUND SERVICES, LIMITED PARTNERSHIP
011 B00AA01 8-00000000
011 C01AA01 COLUMBUS
011 C02AA01 OH
011 C03AA01 43219
011 C04AA01 3035
012 A00AA01 BISYS FUND SERVICES OHIO, INC.
012 B00AA01 84-0000000
012 C01AA01 COLUMBUS
012 C02AA01 OH
012 C03AA01 43219
012 C04AA01 3035
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 DAYTON
013 B02AA01 OH
013 B03AA01 45402
014 A00AA01 U.S. BANCORP SECURITIES, INC.
014 B00AA01 8-00000000
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 15
019 C00AA00 QUALIVESTF
<PAGE> PAGE 3
020 A000001 MORGAN STANLEY
020 C000001 116
020 A000002 PRUDENTIAL-BACHE
020 C000002 16
020 A000003 BERNSTEIN
020 C000003 14
020 A000004 FIRST BOSTON
020 C000004 14
020 A000005 JP MORGAN
020 C000005 12
020 A000006 BEAR STEARNS
020 C000006 11
020 A000007 GORDON HASKETT
020 C000007 9
020 A000008 PAINE WEBBER
020 C000008 7
020 A000009 SMITH BARNEY
020 C000009 6
020 A000010 LEHMANBARNEY
020 C000010 5
021 000000 256
022 A000001 GOLDMAN SACHS
022 C000001 188007
022 D000001 0
022 A000002 CAPITAL INSTITUTIONAL SERVICES
022 C000002 114571
022 D000002 154176
022 A000003 MERRILL LYNCH
022 C000003 68472
022 D000003 7801
022 A000004 FIRST BOSTON
022 C000004 66770
022 D000004 3000
022 A000005 BEAR STEARNS & CO
022 C000005 61643
022 D000005 15556
022 A000006 LEHMAN
022 C000006 61639
022 D000006 2134
022 A000007 SPEARS LEEDS & KELLOGG
022 C000007 44819
022 D000007 10201
022 A000008 DIRECT
022 C000008 39685
022 D000008 0
022 A000009 CITICORP
022 C000009 36665
022 D000009 0
022 A000010 FIRST CHICAGO
022 C000010 36214
022 D000010 0
<PAGE> PAGE 4
023 C000000 2136636
023 D000000 1298919
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 500
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
<PAGE> PAGE 5
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 CHUBB INSURANCE COMPANY
080 C00AA00 1700000
081 A00AA00 N
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 U.S. NATIONAL BANK OF OREGON
015 B000101 C
015 C010101 PORTLAND
015 C020101 OR
015 C030101 97208
015 E030101 X
024 000100 N
025 A000101 DELETE
025 D000101 0
025 A000102 DELETE
025 D000102 0
025 A000103 DELETE
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
<PAGE> PAGE 6
025 D000108 0
028 A010100 175685
028 A020100 1667
028 A030100 0
028 A040100 171883
028 B010100 137577
028 B020100 1722
028 B030100 0
028 B040100 189030
028 C010100 122006
028 C020100 1577
028 C030100 0
028 C040100 145318
028 D010100 76252
028 D020100 1483
028 D030100 0
028 D040100 105027
028 E010100 0
028 E020100 0
028 E030100 0
028 E040100 0
028 F010100 0
028 F020100 0
028 F030100 0
028 F040100 0
028 G010100 511520
028 G020100 6449
028 G030100 0
028 G040100 611258
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
031 A000100 0
031 B000100 0
032 000100 0
033 000100 0
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 85
042 E000100 0
<PAGE> PAGE 7
042 F000100 0
042 G000100 15
042 H000100 0
043 000100 302
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.350
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
055 A000100 N
055 B000100 N
056 000100 N
057 000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
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
<PAGE> PAGE 8
062 Q000100 0.0
062 R000100 0.0
063 A000100 51
063 B000100 0.0
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
<PAGE> PAGE 9
072 A000100 4
072 B000100 9393
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 415
072 G000100 216
072 H000100 0
072 I000100 23
072 J000100 50
072 K000100 0
072 L000100 5
072 M000100 5
072 N000100 46
072 O000100 0
072 P000100 0
072 Q000100 50
072 R000100 6
072 S000100 0
072 T000100 302
072 U000100 0
072 V000100 0
072 W000100 5
072 X000100 1123
072 Y000100 0
072 Z000100 8270
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 3591
072DD020100 2606
072EE000100 0
073 A010100 0.0120
073 A020100 0.0130
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 0
074 M000100 0
074 N000100 0
<PAGE> PAGE 10
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 0
074 S000100 0
074 T000100 0
074 U010100 0
074 U020100 0
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 0
074 Y000100 0
075 A000100 536152
075 B000100 0
076 000100 0.00
015 A000201 U.S. NATIONAL BANK OF OREGON
015 B000201 C
015 C010201 PORTLAND
015 C020201 OR
015 C030201 97208
015 E030201 X
024 000200 N
028 A010200 28530
028 A020200 615
028 A030200 0
028 A040200 48183
028 B010200 33836
028 B020200 606
028 B030200 0
028 B040200 51478
028 C010200 27535
028 C020200 488
028 C030200 0
028 C040200 42388
028 D010200 20462
028 D020200 436
028 D030200 0
028 D040200 32622
028 E010200 0
028 E020200 0
028 E030200 0
028 E040200 0
028 F010200 0
028 F020200 0
028 F030200 0
028 F040200 0
028 G010200 110363
<PAGE> PAGE 11
028 G020200 2145
028 G030200 0
028 G040200 174671
028 H000200 0
029 000200 N
030 A000200 0
030 B000200 0.00
030 C000200 0.00
031 A000200 0
031 B000200 0
032 000200 0
033 000200 0
034 000200 N
035 000200 0
036 B000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 85
042 E000200 0
042 F000200 0
042 G000200 15
042 H000200 0
043 000200 144
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.350
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
<PAGE> PAGE 12
055 A000200 N
055 B000200 N
056 000200 N
057 000200 N
062 A000200 Y
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
063 A000200 49
063 B000200 0.0
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
<PAGE> PAGE 13
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 4
072 B000200 2094
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 0
072 G000200 52
072 H000200 0
072 I000200 15
072 J000200 12
072 K000200 0
072 L000200 3
072 M000200 2
072 N000200 19
072 O000200 0
072 P000200 0
072 Q000200 20
072 R000200 0
072 S000200 0
072 T000200 143
072 U000200 0
072 V000200 0
072 W000200 1
072 X000200 267
072 Y000200 0
072 Z000200 1827
072AA000200 1
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 1470
<PAGE> PAGE 14
072DD020200 328
072EE000200 2
073 A010200 0.0110
073 A020200 0.0120
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 0
074 M000200 0
074 N000200 0
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 0
074 S000200 0
074 T000200 0
074 U010200 0
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 0
074 Y000200 0
075 A000200 128981
075 B000200 0
076 000200 0.00
015 A000301 U.S. NATIONAL BANK OF OREGON
015 B000301 C
015 C010301 PORTLAND
015 C020301 OR
015 C030301 97208
015 E030301 X
024 000300 N
028 A010300 6690
028 A020300 92
028 A030300 0
028 A040300 6323
028 B010300 1486
<PAGE> PAGE 15
028 B020300 85
028 B030300 0
028 B040300 7367
028 C010300 8757
028 C020300 81
028 C030300 0
028 C040300 7060
028 D010300 7875
028 D020300 88
028 D030300 0
028 D040300 6953
028 E010300 0
028 E020300 0
028 E030300 0
028 E040300 0
028 F010300 0
028 F020300 0
028 F030300 0
028 F040300 0
028 G010300 24808
028 G020300 346
028 G030300 0
028 G040300 27703
028 H000300 0
029 000300 N
030 A000300 0
030 B000300 0.00
030 C000300 0.00
031 A000300 0
031 B000300 0
032 000300 0
033 000300 0
034 000300 N
035 000300 0
036 B000300 0
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 85
042 E000300 0
042 F000300 0
042 G000300 15
042 H000300 0
043 000300 42
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.350
048 A010300 0
048 A020300 0.000
<PAGE> PAGE 16
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
055 A000300 N
055 B000300 N
056 000300 N
057 000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
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
063 A000300 53
063 B000300 0.0
064 A000300 Y
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
<PAGE> PAGE 17
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 4
072 B000300 451
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 0
072 G000300 16
072 H000300 0
072 I000300 12
072 J000300 0
072 K000300 0
<PAGE> PAGE 18
072 L000300 3
072 M000300 1
072 N000300 6
072 O000300 0
072 P000300 0
072 Q000300 20
072 R000300 1
072 S000300 0
072 T000300 41
072 U000300 0
072 V000300 0
072 W000300 0
072 X000300 100
072 Y000300 0
072 Z000300 351
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 266
072DD020300 47
072EE000300 0
073 A010300 0.0070
073 A020300 0.0070
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 0
074 M000300 0
074 N000300 0
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 0
074 S000300 0
074 T000300 0
074 U010300 0
074 U020300 0
<PAGE> PAGE 19
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 39291
075 B000300 0
076 000300 0.00
015 A000401 U.S. NATIONAL BANK OF OREGON
015 B000401 C
015 C010401 PORTLAND
015 C020401 OR
015 C030401 97208
015 E030401 X
024 000400 N
025 A000401 DELETE
025 D000401 0
025 A000402 DELETE
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 9143
028 A020400 670
028 A030400 0
028 A040400 7990
028 B010400 7582
028 B020400 678
028 B030400 0
028 B040400 2900
028 C010400 3309
028 C020400 668
028 C030400 0
028 C040400 6094
028 D010400 4041
028 D020400 1672
028 D030400 0
028 D040400 9253
028 E010400 0
028 E020400 0
028 E030400 0
028 E040400 0
028 F010400 0
028 F020400 0
028 F030400 0
028 F040400 0
028 G010400 24075
028 G020400 3688
<PAGE> PAGE 20
028 G030400 0
028 G040400 26237
028 H000400 0
029 000400 Y
030 A000400 0
030 B000400 3.50
030 C000400 0.00
031 A000400 0
031 B000400 0
032 000400 0
033 000400 0
034 000400 Y
035 000400 0
036 A000400 N
036 B000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 100
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 1
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.600
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
<PAGE> PAGE 21
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
055 A000400 Y
055 B000400 N
056 000400 N
057 000400 N
062 A000400 Y
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
063 A000400 0
063 B000400 6.0
064 A000400 N
064 B000400 N
066 A000400 N
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
<PAGE> PAGE 22
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 4
072 B000400 3724
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 272
072 G000400 79
072 H000400 0
072 I000400 17
072 J000400 18
072 K000400 0
072 L000400 11
072 M000400 2
072 N000400 16
072 O000400 0
072 P000400 0
072 Q000400 30
072 R000400 0
072 S000400 0
072 T000400 1
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 446
072 Y000400 0
072 Z000400 3278
<PAGE> PAGE 23
072AA000400 511
072BB000400 0
072CC010400 0
072CC020400 87
072DD010400 3690
072DD020400 13
072EE000400 1106
073 A010400 0.1300
073 A020400 0.1300
073 B000400 0.0600
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 0
074 M000400 0
074 N000400 0
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 0
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 0
074 Y000400 0
075 A000400 0
075 B000400 195626
076 000400 0.00
015 A000501 U.S. NATIONAL BANK OF OREGON
015 B000501 C
015 C010501 PORTLAND
015 C020501 OR
015 C030501 97208
015 E030501 X
024 000500 N
<PAGE> PAGE 24
028 A010500 17831
028 A020500 82
028 A030500 0
028 A040500 24750
028 B010500 16471
028 B020500 0
028 B030500 0
028 B040500 18310
028 C010500 58948
028 C020500 0
028 C030500 0
028 C040500 64394
028 D010500 10834
028 D020500 0
028 D030500 0
028 D040500 22734
028 E010500 0
028 E020500 0
028 E030500 0
028 E040500 0
028 F010500 0
028 F020500 0
028 F030500 0
028 F040500 0
028 G010500 104084
028 G020500 82
028 G030500 0
028 G040500 130188
028 H000500 372
029 000500 Y
030 A000500 16
030 B000500 4.50
030 C000500 0.00
031 A000500 1
031 B000500 0
032 000500 15
033 000500 0
034 000500 Y
035 000500 0
036 A000500 N
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 100
042 E000500 0
<PAGE> PAGE 25
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 22
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.800
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
055 A000500 Y
055 B000500 N
056 000500 N
057 000500 N
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
<PAGE> PAGE 26
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
<PAGE> PAGE 27
071 A000500 0
071 B000500 0
071 C000500 0
071 D000500 0
072 A000500 4
072 B000500 0
072 C000500 1563
072 D000500 0
072 E000500 0
072 F000500 1209
072 G000500 196
072 H000500 0
072 I000500 47
072 J000500 45
072 K000500 0
072 L000500 29
072 M000500 5
072 N000500 38
072 O000500 0
072 P000500 0
072 Q000500 48
072 R000500 2
072 S000500 0
072 T000500 22
072 U000500 0
072 V000500 0
072 W000500 0
072 X000500 1641
072 Y000500 0
072 Z000500 -78
072AA000500 2169
072BB000500 0
072CC010500 12606
072CC020500 0
072DD010500 93
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
<PAGE> PAGE 28
074 K000500 0
074 L000500 0
074 M000500 0
074 N000500 0
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 0
074 S000500 0
074 T000500 0
074 U010500 0
074 U020500 0
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 0
074 Y000500 0
075 A000500 0
075 B000500 487966
076 000500 0.00
015 A000601 U.S. NATIONAL BANK OF OREGON
015 B000601 C
015 C010601 PORTLAND
015 C020601 OR
015 C030601 97208
015 E030601 X
024 000600 N
025 A000601 DELETE
025 D000601 0
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 6712
028 A020600 355
028 A030600 0
028 A040600 8014
028 B010600 7774
028 B020600 0
028 B030600 0
028 B040600 6859
028 C010600 2057
028 C020600 0
028 C030600 0
028 C040600 4031
<PAGE> PAGE 29
028 D010600 1691
028 D020600 14856
028 D030600 0
028 D040600 15281
028 E010600 0
028 E020600 0
028 E030600 0
028 E040600 0
028 F010600 0
028 F020600 0
028 F030600 0
028 F040600 0
028 G010600 18234
028 G020600 15211
028 G030600 0
028 G040600 34185
028 H000600 165
029 000600 Y
030 A000600 7
030 B000600 4.50
030 C000600 0.00
031 A000600 1
031 B000600 0
032 000600 6
033 000600 0
034 000600 Y
035 000600 0
036 A000600 N
036 B000600 0
037 000600 N
038 000600 0
039 000600 N
040 000600 Y
041 000600 Y
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 100
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 10
044 000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.750
048 A010600 0
048 A020600 0.000
048 B010600 0
<PAGE> PAGE 30
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
055 A000600 N
055 B000600 N
056 000600 N
057 000600 N
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
<PAGE> PAGE 31
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 0
071 B000600 0
071 C000600 0
071 D000600 0
072 A000600 4
072 B000600 0
072 C000600 1276
072 D000600 0
072 E000600 0
072 F000600 357
072 G000600 77
072 H000600 0
<PAGE> PAGE 32
072 I000600 33
072 J000600 18
072 K000600 0
072 L000600 12
072 M000600 2
072 N000600 10
072 O000600 0
072 P000600 0
072 Q000600 27
072 R000600 0
072 S000600 0
072 T000600 9
072 U000600 0
072 V000600 0
072 W000600 1
072 X000600 546
072 Y000600 0
072 Z000600 730
072AA000600 12375
072BB000600 0
072CC010600 0
072CC020600 9169
072DD010600 1155
072DD020600 43
072EE000600 24279
073 A010600 0.0100
073 A020600 0.0400
073 B000600 2.1700
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 0
074 M000600 0
074 N000600 0
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 0
074 S000600 0
<PAGE> PAGE 33
074 T000600 0
074 U010600 0
074 U020600 0
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 191948
076 000600 0.00
028 A010700 0
028 A020700 0
028 A030700 0
028 A040700 0
028 B010700 0
028 B020700 0
028 B030700 0
028 B040700 0
028 C010700 0
028 C020700 0
028 C030700 0
028 C040700 0
028 D010700 0
028 D020700 0
028 D030700 0
028 D040700 0
028 E010700 0
028 E020700 0
028 E030700 0
028 E040700 0
028 F010700 0
028 F020700 0
028 F030700 0
028 F040700 0
028 G010700 0
028 G020700 0
028 G030700 0
028 G040700 0
028 H000700 0
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
<PAGE> PAGE 34
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
071 A000700 0
071 B000700 0
071 C000700 0
071 D000700 0
072 A000700 6
072 B000700 0
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 0
072 G000700 0
072 H000700 0
074 A000700 0
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 0
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 0
074 L000700 0
074 M000700 0
074 N000700 0
074 O000700 0
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 0
074 S000700 0
074 T000700 0
074 U010700 0
074 U020700 0
074 V010700 0.00
074 V020700 0.00
074 W000700 0.0000
074 X000700 0
074 Y000700 0
062 A000800 N
062 B000800 0.0
<PAGE> PAGE 35
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
071 A000800 0
071 B000800 0
071 C000800 0
071 D000800 0
072 A000800 6
072 B000800 0
072 C000800 0
072 D000800 0
072 E000800 0
072 F000800 0
072 G000800 0
072 H000800 0
074 A000800 0
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 0
074 L000800 0
074 M000800 0
074 N000800 0
074 O000800 0
074 P000800 0
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 0
074 S000800 0
074 T000800 0
<PAGE> PAGE 36
074 U010800 0
074 U020800 0
074 V010800 0.00
074 V020800 0.00
074 W000800 0.0000
074 X000800 0
074 Y000800 0
015 A000901 U.S. NATIONAL BANK OF OREGON
015 B000901 C
015 C010901 PORTLAND
015 C020901 OR
015 C030901 97208
015 E030901 X
024 000900 N
028 A010900 4590
028 A020900 818
028 A030900 0
028 A040900 2817
028 B010900 6933
028 B020900 822
028 B030900 0
028 B040900 2878
028 C010900 2187
028 C020900 829
028 C030900 0
028 C040900 1930
028 D010900 1882
028 D020900 1204
028 D030900 0
028 D040900 6231
028 E010900 0
028 E020900 0
028 E030900 0
028 E040900 0
028 F010900 0
028 F020900 0
028 F030900 0
028 F040900 0
028 G010900 15592
028 G020900 3673
028 G030900 0
028 G040900 13856
028 H000900 5
029 000900 Y
030 A000900 0
030 B000900 3.50
030 C000900 0.00
031 A000900 0
031 B000900 0
032 000900 0
033 000900 0
<PAGE> PAGE 37
034 000900 Y
035 000900 0
036 A000900 N
036 B000900 0
037 000900 N
038 000900 0
039 000900 N
040 000900 Y
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 100
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 0
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.600
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
055 A000900 Y
055 B000900 N
056 000900 N
057 000900 N
062 A000900 Y
062 B000900 0.0
<PAGE> PAGE 38
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 12.6
064 A000900 N
064 B000900 N
066 A000900 N
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 N
070 L020900 N
070 M010900 Y
070 M020900 N
<PAGE> PAGE 39
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900 0
071 B000900 0
071 C000900 0
071 D000900 0
072 A000900 4
072 B000900 5252
072 C000900 0
072 D000900 0
072 E000900 0
072 F000900 246
072 G000900 107
072 H000900 0
072 I000900 16
072 J000900 25
072 K000900 0
072 L000900 15
072 M000900 3
072 N000900 27
072 O000900 0
072 P000900 0
072 Q000900 36
072 R000900 2
072 S000900 0
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 2
072 X000900 479
072 Y000900 0
072 Z000900 4773
072AA000900 468
072BB000900 0
072CC010900 1335
072CC020900 0
072DD010900 5422
072DD020900 10
072EE000900 266
073 A010900 0.1400
073 A020900 0.1400
073 B000900 0.0100
073 C000900 0.0000
<PAGE> PAGE 40
074 A000900 0
074 B000900 0
074 C000900 0
074 D000900 0
074 E000900 0
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
074 K000900 0
074 L000900 0
074 M000900 0
074 N000900 0
074 O000900 0
074 P000900 0
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 0
074 S000900 0
074 T000900 0
074 U010900 0
074 U020900 0
074 V010900 0.00
074 V020900 0.00
074 W000900 0.0000
074 X000900 0
074 Y000900 0
075 A000900 0
075 B000900 265068
076 000900 0.00
015 A001001 U.S. NATIONAL BANK OF OREGON
015 B001001 C
015 C011001 PORTLAND
015 C021001 OR
015 C031001 97208
015 E031001 X
024 001000 N
025 A001001 DELETE
025 D001001 0
025 A001002 DELETE
025 D001002 0
025 A001003 DELETE
025 D001003 0
025 A001004 DELETE
025 D001004 0
025 A001005 DELETE
025 D001005 0
025 A001006 DELETE
<PAGE> PAGE 41
025 D001006 0
025 D001007 0
025 D001008 0
028 A011000 7662
028 A021000 849
028 A031000 0
028 A041000 8047
028 B011000 11838
028 B021000 0
028 B031000 0
028 B041000 9113
028 C011000 4121
028 C021000 0
028 C031000 0
028 C041000 8151
028 D011000 5355
028 D021000 23647
028 D031000 0
028 D041000 5413
028 E011000 0
028 E021000 0
028 E031000 0
028 E041000 0
028 F011000 0
028 F021000 0
028 F031000 0
028 F041000 0
028 G011000 28976
028 G021000 24496
028 G031000 0
028 G041000 30724
028 H001000 298
029 001000 Y
030 A001000 12
030 B001000 4.50
030 C001000 0.00
031 A001000 1
031 B001000 0
032 001000 11
033 001000 0
034 001000 Y
035 001000 0
036 A001000 N
036 B001000 0
037 001000 N
038 001000 0
039 001000 N
040 001000 Y
041 001000 Y
042 A001000 0
042 B001000 0
<PAGE> PAGE 42
042 C001000 0
042 D001000 100
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 5
044 001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.500
048 A011000 0
048 A021000 0.000
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 0
048 K021000 0.000
055 A001000 Y
055 B001000 N
056 001000 N
057 001000 N
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
<PAGE> PAGE 43
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 0.0
066 A001000 Y
066 B001000 N
066 C001000 Y
066 D001000 N
066 E001000 N
066 F001000 N
066 G001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 Y
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 N
070 L021000 N
070 M011000 Y
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
<PAGE> PAGE 44
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000 0
071 B001000 0
071 C001000 0
071 D001000 0
072 A001000 4
072 B001000 0
072 C001000 1947
072 D001000 0
072 E001000 0
072 F001000 325
072 G001000 141
072 H001000 0
072 I001000 26
072 J001000 32
072 K001000 0
072 L001000 22
072 M001000 3
072 N001000 16
072 O001000 0
072 P001000 0
072 Q001000 43
072 R001000 0
072 S001000 0
072 T001000 5
072 U001000 0
072 V001000 0
072 W001000 1
072 X001000 614
072 Y001000 0
072 Z001000 1333
072AA001000 16475
072BB001000 0
072CC011000 0
072CC021000 15555
072DD011000 2109
072DD021000 19
072EE001000 26230
073 A011000 0.0200
073 A021000 0.0400
073 B001000 1.2800
073 C001000 0.0000
074 A001000 0
074 B001000 0
074 C001000 0
074 D001000 0
074 E001000 0
074 F001000 0
074 G001000 0
<PAGE> PAGE 45
074 H001000 0
074 I001000 0
074 J001000 0
074 K001000 0
074 L001000 0
074 M001000 0
074 N001000 0
074 O001000 0
074 P001000 0
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 0
074 S001000 0
074 T001000 0
074 U011000 0
074 U021000 0
074 V011000 0.00
074 V021000 0.00
074 W001000 0.0000
074 X001000 0
074 Y001000 0
075 A001000 0
075 B001000 349716
076 001000 0.00
015 A001101 BANK OF NEW YORK
015 B001101 C
015 C011101 NEW YORK
015 C021101 NY
015 C031101 10286
015 E041101 X
024 001100 N
025 A001101 DELETE
025 D001101 0
025 A001102 DELETE
025 D001102 0
025 A001103 DELETE
025 D001103 0
025 D001104 0
025 D001105 0
025 D001106 0
025 D001107 0
025 D001108 0
028 A011100 7513
028 A021100 336
028 A031100 0
028 A041100 7159
028 B011100 12565
028 B021100 0
028 B031100 0
<PAGE> PAGE 46
028 B041100 6725
028 C011100 5591
028 C021100 0
028 C031100 0
028 C041100 7793
028 D011100 7754
028 D021100 0
028 D031100 0
028 D041100 6910
028 E011100 0
028 E021100 0
028 E031100 0
028 E041100 0
028 F011100 0
028 F021100 0
028 F031100 0
028 F041100 0
028 G011100 33423
028 G021100 336
028 G031100 0
028 G041100 28587
028 H001100 31
029 001100 Y
030 A001100 1
030 B001100 4.50
030 C001100 0.00
031 A001100 0
031 B001100 0
032 001100 1
033 001100 0
034 001100 Y
035 001100 0
036 A001100 N
036 B001100 0
037 001100 N
038 001100 0
039 001100 N
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 0
042 D001100 100
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 1
044 001100 0
045 001100 Y
046 001100 N
<PAGE> PAGE 47
047 001100 Y
048 001100 0.600
048 A011100 0
048 A021100 0.000
048 B011100 0
048 B021100 0.000
048 C011100 0
048 C021100 0.000
048 D011100 0
048 D021100 0.000
048 E011100 0
048 E021100 0.000
048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 0
048 K021100 0.000
055 A001100 Y
055 B001100 N
056 001100 N
057 001100 N
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
063 A001100 0
063 B001100 0.0
066 A001100 Y
066 B001100 N
066 C001100 Y
<PAGE> PAGE 48
066 D001100 N
066 E001100 N
066 F001100 N
066 G001100 N
067 001100 N
068 A001100 N
068 B001100 Y
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100 0
071 B001100 0
071 C001100 0
071 D001100 0
072 A001100 4
072 B001100 0
072 C001100 1229
<PAGE> PAGE 49
072 D001100 0
072 E001100 0
072 F001100 189
072 G001100 82
072 H001100 0
072 I001100 19
072 J001100 31
072 K001100 0
072 L001100 4
072 M001100 2
072 N001100 17
072 O001100 0
072 P001100 0
072 Q001100 62
072 R001100 3
072 S001100 0
072 T001100 1
072 U001100 0
072 V001100 0
072 W001100 1
072 X001100 411
072 Y001100 0
072 Z001100 818
072AA001100 3521
072BB001100 0
072CC011100 0
072CC021100 25141
072DD011100 512
072DD021100 3
072EE001100 0
073 A011100 0.0000
073 A021100 0.0200
073 B001100 0.0000
073 C001100 0.0000
074 A001100 0
074 B001100 0
074 C001100 0
074 D001100 0
074 E001100 0
074 F001100 0
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 0
074 K001100 0
074 L001100 0
074 M001100 0
074 N001100 0
074 O001100 0
074 P001100 0
074 Q001100 0
<PAGE> PAGE 50
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 0
074 S001100 0
074 T001100 0
074 U011100 0
074 U021100 0
074 V011100 0.00
074 V021100 0.00
074 W001100 0.0000
074 X001100 0
074 Y001100 0
075 A001100 0
075 B001100 203237
076 001100 0.00
015 A001201 U.S. NATIONAL BANK OREGON
015 B001201 C
015 C011201 PORTLAND
015 C021201 OR
015 C031201 97208
015 E031201 X
024 001200 N
028 A011200 517
028 A021200 43
028 A031200 0
028 A041200 192
028 B011200 183
028 B021200 33
028 B031200 0
028 B041200 136
028 C011200 627
028 C021200 35
028 C031200 0
028 C041200 184
028 D011200 20
028 D021200 883
028 D031200 0
028 D041200 3372
028 E011200 0
028 E021200 0
028 E031200 0
028 E041200 0
028 F011200 0
028 F021200 0
028 F031200 0
028 F041200 0
028 G011200 1347
028 G021200 994
028 G031200 0
028 G041200 3884
<PAGE> PAGE 51
028 H001200 231
029 001200 Y
030 A001200 7
030 B001200 4.00
030 C001200 0.00
031 A001200 1
031 B001200 0
032 001200 6
033 001200 0
034 001200 N
035 001200 0
036 B001200 0
037 001200 N
038 001200 0
039 001200 N
040 001200 Y
041 001200 Y
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 100
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 3
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.050
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
<PAGE> PAGE 52
048 K011200 0
048 K021200 0.000
055 A001200 N
055 B001200 N
056 001200 N
057 001200 N
062 A001200 N
062 B001200 0.0
062 C001200 0.0
062 D001200 0.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 0.0
062 N001200 0.0
062 O001200 0.0
062 P001200 0.0
062 Q001200 0.0
062 R001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 N
066 E001200 N
066 F001200 Y
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 N
070 B021200 N
070 C011200 N
070 C021200 N
070 D011200 N
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 N
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
<PAGE> PAGE 53
070 I011200 N
070 I021200 N
070 J011200 N
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 N
070 N021200 N
070 O011200 N
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200 0
071 B001200 0
071 C001200 0
071 D001200 0
072 A001200 4
072 B001200 0
072 C001200 177
072 D001200 0
072 E001200 0
072 F001200 2
072 G001200 3
072 H001200 0
072 I001200 1
072 J001200 0
072 K001200 0
072 L001200 3
072 M001200 0
072 N001200 1
072 O001200 0
072 P001200 0
072 Q001200 1
072 R001200 6
072 S001200 0
072 T001200 2
072 U001200 0
072 V001200 0
072 W001200 0
072 X001200 19
072 Y001200 0
072 Z001200 158
072AA001200 501
<PAGE> PAGE 54
072BB001200 0
072CC011200 0
072CC021200 565
072DD011200 117
072DD021200 44
072EE001200 929
073 A011200 0.1100
073 A021200 0.1000
073 B001200 1.0300
073 C001200 0.0000
074 A001200 0
074 B001200 0
074 C001200 0
074 D001200 0
074 E001200 0
074 F001200 0
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 0
074 K001200 0
074 L001200 0
074 M001200 0
074 N001200 0
074 O001200 0
074 P001200 0
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 0
074 S001200 0
074 T001200 0
074 U011200 0
074 U021200 0
074 V011200 0.00
074 V021200 0.00
074 W001200 0.0000
074 X001200 0
074 Y001200 0
075 A001200 0
075 B001200 12711
076 001200 0.00
015 A001301 U.S. NATIONAL BANK OF OREGON
015 B001301 C
015 C011301 PORTLAND
015 C021301 OR
015 C031301 97208
015 E031301 X
024 001300 N
028 A011300 1844
<PAGE> PAGE 55
028 A021300 384
028 A031300 0
028 A041300 8718
028 B011300 24062
028 B021300 228
028 B031300 0
028 B041300 9528
028 C011300 4246
028 C021300 222
028 C031300 0
028 C041300 1550
028 D011300 141
028 D021300 10509
028 D031300 0
028 D041300 4464
028 E011300 0
028 E021300 0
028 E031300 0
028 E041300 0
028 F011300 0
028 F021300 0
028 F031300 0
028 F041300 0
028 G011300 30293
028 G021300 11343
028 G031300 0
028 G041300 24260
028 H001300 661
029 001300 Y
030 A001300 22
030 B001300 4.00
030 C001300 0.00
031 A001300 2
031 B001300 0
032 001300 20
033 001300 0
034 001300 N
035 001300 0
036 B001300 0
037 001300 N
038 001300 0
039 001300 N
040 001300 Y
041 001300 Y
042 A001300 0
042 B001300 0
042 C001300 0
042 D001300 100
042 E001300 0
042 F001300 0
042 G001300 0
<PAGE> PAGE 56
042 H001300 0
043 001300 10
044 001300 0
045 001300 Y
046 001300 N
047 001300 Y
048 001300 0.050
048 A011300 0
048 A021300 0.000
048 B011300 0
048 B021300 0.000
048 C011300 0
048 C021300 0.000
048 D011300 0
048 D021300 0.000
048 E011300 0
048 E021300 0.000
048 F011300 0
048 F021300 0.000
048 G011300 0
048 G021300 0.000
048 H011300 0
048 H021300 0.000
048 I011300 0
048 I021300 0.000
048 J011300 0
048 J021300 0.000
048 K011300 0
048 K021300 0.000
055 A001300 N
055 B001300 N
056 001300 N
057 001300 N
062 A001300 N
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 0.0
062 M001300 0.0
062 N001300 0.0
062 O001300 0.0
062 P001300 0.0
062 Q001300 0.0
062 R001300 0.0
<PAGE> PAGE 57
066 A001300 Y
066 B001300 N
066 C001300 Y
066 D001300 N
066 E001300 N
066 F001300 N
066 G001300 N
067 001300 Y
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 N
070 B011300 N
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 N
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 N
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 N
070 L021300 N
070 M011300 N
070 M021300 N
070 N011300 N
070 N021300 N
070 O011300 N
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 0
071 B001300 0
071 C001300 0
071 D001300 0
<PAGE> PAGE 58
072 A001300 4
072 B001300 0
072 C001300 1512
072 D001300 0
072 E001300 0
072 F001300 22
072 G001300 30
072 H001300 0
072 I001300 29
072 J001300 2
072 K001300 0
072 L001300 45
072 M001300 2
072 N001300 17
072 O001300 0
072 P001300 0
072 Q001300 4
072 R001300 1
072 S001300 0
072 T001300 9
072 U001300 0
072 V001300 0
072 W001300 0
072 X001300 161
072 Y001300 0
072 Z001300 1351
072AA001300 8561
072BB001300 0
072CC011300 0
072CC021300 9837
072DD011300 1285
072DD021300 109
072EE001300 11350
073 A011300 0.0800
073 A021300 0.0700
073 B001300 0.9500
073 C001300 0.0000
074 A001300 0
074 B001300 0
074 C001300 0
074 D001300 0
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 0
074 J001300 0
074 K001300 0
074 L001300 0
074 M001300 0
074 N001300 0
<PAGE> PAGE 59
074 O001300 0
074 P001300 0
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 0
074 S001300 0
074 T001300 0
074 U011300 0
074 U021300 0
074 V011300 0.00
074 V021300 0.00
074 W001300 0.0000
074 X001300 0
074 Y001300 0
075 A001300 0
075 B001300 139498
076 001300 0.00
015 A001401 U.S. NATIONAL BANK OF OREGON
015 B001401 C
015 C011401 PORTLAND
015 C021401 OR
015 C031401 97208
015 E031401 X
024 001400 N
028 A011400 1424
028 A021400 0
028 A031400 0
028 A041400 391
028 B011400 771
028 B021400 0
028 B031400 0
028 B041400 368
028 C011400 582
028 C021400 111
028 C031400 0
028 C041400 952
028 D011400 104
028 D021400 2813
028 D031400 0
028 D041400 993
028 E011400 0
028 E021400 0
028 E031400 0
028 E041400 0
028 F011400 0
028 F021400 0
028 F031400 0
028 F041400 0
028 G011400 2881
<PAGE> PAGE 60
028 G021400 2924
028 G031400 0
028 G041400 2704
028 H001400 685
029 001400 Y
030 A001400 31
030 B001400 4.00
030 C001400 0.00
031 A001400 3
031 B001400 0
032 001400 28
033 001400 0
034 001400 N
035 001400 0
036 B001400 0
037 001400 N
038 001400 0
039 001400 N
040 001400 Y
041 001400 Y
042 A001400 0
042 B001400 0
042 C001400 0
042 D001400 100
042 E001400 0
042 F001400 0
042 G001400 0
042 H001400 0
043 001400 12
044 001400 0
045 001400 Y
046 001400 N
047 001400 Y
048 001400 0.050
048 A011400 0
048 A021400 0.000
048 B011400 0
048 B021400 0.000
048 C011400 0
048 C021400 0.000
048 D011400 0
048 D021400 0.000
048 E011400 0
048 E021400 0.000
048 F011400 0
048 F021400 0.000
048 G011400 0
048 G021400 0.000
048 H011400 0
048 H021400 0.000
048 I011400 0
<PAGE> PAGE 61
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
055 A001400 N
055 B001400 N
056 001400 N
057 001400 N
062 A001400 N
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 0.0
062 P001400 0.0
062 Q001400 0.0
062 R001400 0.0
066 A001400 Y
066 B001400 N
066 C001400 Y
066 D001400 N
066 E001400 N
066 F001400 N
066 G001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 N
070 B021400 N
070 C011400 N
070 C021400 N
070 D011400 N
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 N
<PAGE> PAGE 62
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 N
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 N
070 L021400 N
070 M011400 N
070 M021400 N
070 N011400 N
070 N021400 N
070 O011400 N
070 O021400 N
070 P011400 N
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400 0
071 B001400 0
071 C001400 0
071 D001400 0
072 A001400 4
072 B001400 0
072 C001400 218
072 D001400 0
072 E001400 0
072 F001400 5
072 G001400 6
072 H001400 0
072 I001400 2
072 J001400 1
072 K001400 0
072 L001400 9
072 M001400 0
072 N001400 4
072 O001400 0
072 P001400 0
072 Q001400 1
072 R001400 4
072 S001400 0
072 T001400 12
072 U001400 0
072 V001400 0
072 W001400 0
072 X001400 44
<PAGE> PAGE 63
072 Y001400 0
072 Z001400 174
072AA001400 1851
072BB001400 0
072CC011400 0
072CC021400 2212
072DD011400 92
072DD021400 90
072EE001400 2849
073 A011400 0.0500
073 A021400 0.0500
073 B001400 1.2500
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 0
074 D001400 0
074 E001400 0
074 F001400 0
074 G001400 0
074 H001400 0
074 I001400 0
074 J001400 0
074 K001400 0
074 L001400 0
074 M001400 0
074 N001400 0
074 O001400 0
074 P001400 0
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 0
074 S001400 0
074 T001400 0
074 U011400 0
074 U021400 0
074 V011400 0.00
074 V021400 0.00
074 W001400 0.0000
074 X001400 0
074 Y001400 0
075 A001400 0
075 B001400 29405
076 001400 0.00
015 A001501 U.S. NATIONAL BANK OF OREGON
015 B001501 C
015 C011501 PORTLAND
015 C021501 OR
015 C031501 97208
<PAGE> PAGE 64
015 E031501 X
024 001500 N
028 A011500 1264
028 A021500 0
028 A031500 0
028 A041500 232
028 B011500 791
028 B021500 0
028 B031500 0
028 B041500 265
028 C011500 1457
028 C021500 42
028 C031500 0
028 C041500 350
028 D011500 260
028 D021500 4271
028 D031500 0
028 D041500 2400
028 E011500 0
028 E021500 0
028 E031500 0
028 E041500 0
028 F011500 0
028 F021500 0
028 F031500 0
028 F041500 0
028 G011500 3772
028 G021500 4313
028 G031500 0
028 G041500 3247
028 H001500 557
029 001500 Y
030 A001500 16
030 B001500 4.00
030 C001500 0.00
031 A001500 2
031 B001500 0
032 001500 14
033 001500 0
034 001500 N
035 001500 0
036 B001500 0
037 001500 N
038 001500 0
039 001500 N
040 001500 Y
041 001500 Y
042 A001500 0
042 B001500 0
042 C001500 0
042 D001500 100
<PAGE> PAGE 65
042 E001500 0
042 F001500 0
042 G001500 0
042 H001500 0
043 001500 7
044 001500 0
045 001500 Y
046 001500 N
047 001500 Y
048 001500 0.050
048 A011500 0
048 A021500 0.000
048 B011500 0
048 B021500 0.000
048 C011500 0
048 C021500 0.000
048 D011500 0
048 D021500 0.000
048 E011500 0
048 E021500 0.000
048 F011500 0
048 F021500 0.000
048 G011500 0
048 G021500 0.000
048 H011500 0
048 H021500 0.000
048 I011500 0
048 I021500 0.000
048 J011500 0
048 J021500 0.000
048 K011500 0
048 K021500 0.000
055 A001500 N
055 B001500 N
056 001500 N
057 001500 N
062 A001500 N
062 B001500 0.0
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 0.0
062 M001500 0.0
062 N001500 0.0
062 O001500 0.0
<PAGE> PAGE 66
062 P001500 0.0
062 Q001500 0.0
062 R001500 0.0
066 A001500 Y
066 B001500 N
066 C001500 Y
066 D001500 N
066 E001500 N
066 F001500 N
066 G001500 N
067 001500 N
068 A001500 N
068 B001500 N
069 001500 N
070 A011500 Y
070 A021500 N
070 B011500 N
070 B021500 N
070 C011500 N
070 C021500 N
070 D011500 N
070 D021500 N
070 E011500 N
070 E021500 N
070 F011500 N
070 F021500 N
070 G011500 N
070 G021500 N
070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 N
070 J021500 N
070 K011500 Y
070 K021500 Y
070 L011500 N
070 L021500 N
070 M011500 N
070 M021500 N
070 N011500 N
070 N021500 N
070 O011500 N
070 O021500 N
070 P011500 N
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500 0
<PAGE> PAGE 67
071 B001500 0
071 C001500 0
071 D001500 0
072 A001500 4
072 B001500 0
072 C001500 135
072 D001500 0
072 E001500 0
072 F001500 5
072 G001500 7
072 H001500 0
072 I001500 26
072 J001500 1
072 K001500 0
072 L001500 11
072 M001500 0
072 N001500 4
072 O001500 0
072 P001500 0
072 Q001500 1
072 R001500 5
072 S001500 0
072 T001500 7
072 U001500 0
072 V001500 0
072 W001500 0
072 X001500 67
072 Y001500 0
072 Z001500 68
072AA001500 3506
072BB001500 0
072CC011500 0
072CC021500 4069
072DD011500 61
072DD021500 17
072EE001500 4251
073 A011500 0.0200
073 A021500 0.0100
073 B001500 1.6500
073 C001500 0.0000
074 A001500 0
074 B001500 0
074 C001500 0
074 D001500 0
074 E001500 0
074 F001500 0
074 G001500 0
074 H001500 0
074 I001500 0
074 J001500 0
074 K001500 0
<PAGE> PAGE 68
074 L001500 0
074 M001500 0
074 N001500 0
074 O001500 0
074 P001500 0
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 0
074 S001500 0
074 T001500 0
074 U011500 0
074 U021500 0
074 V011500 0.00
074 V021500 0.00
074 W001500 0.0000
074 X001500 0
074 Y001500 0
075 A001500 0
075 B001500 33831
076 001500 0.00
SIGNATURE PENNI RUTKOWSKI
TITLE SUPERVISOR FIN ADMIN
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 011
<NAME> THE QUALIVEST MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 254794083<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9393395
<OTHER-INCOME> 0
<EXPENSES-NET> 1123238
<NET-INVESTMENT-INCOME> 8270161
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 8270161
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3591476<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 94714088<F1>
<NUMBER-OF-SHARES-REDEEMED> 127974036<F1>
<SHARES-REINVESTED> 3975427<F1>
<NET-CHANGE-IN-ASSETS> (93289678)
<ACCUMULATED-NII-PRIOR> 191
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 414966
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1123238
<AVERAGE-NET-ASSETS> 243475111<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .012<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .012<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.90<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 012
<NAME> THE QUALIVEST MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 162987386<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9393395
<OTHER-INCOME> 0
<EXPENSES-NET> 1123238
<NET-INVESTMENT-INCOME> 8270161
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 8270161
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2606301<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 215814365<F1>
<NUMBER-OF-SHARES-REDEEMED> 208808208<F1>
<SHARES-REINVESTED> 77003<F1>
<NET-CHANGE-IN-ASSETS> (93289678)
<ACCUMULATED-NII-PRIOR> 191
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 414966
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1123238
<AVERAGE-NET-ASSETS> 163049850<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .013<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .013<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.50<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 013
<NAME> THE QUALIVEST MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 156761300<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 481253282
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9393395
<OTHER-INCOME> 0
<EXPENSES-NET> 1123238
<NET-INVESTMENT-INCOME> 8270161
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 8270161
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2072384<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 200990531<F1>
<NUMBER-OF-SHARES-REDEEMED> 274475815<F1>
<SHARES-REINVESTED> 2396968<F1>
<NET-CHANGE-IN-ASSETS> (93289678)
<ACCUMULATED-NII-PRIOR> 191
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 414966
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1123238
<AVERAGE-NET-ASSETS> 129626773<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .013<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .013<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.49<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Q Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 021
<NAME> THE QUALIVEST U.S. TREASURY MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 124549967<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2093950
<OTHER-INCOME> 0
<EXPENSES-NET> 266755
<NET-INVESTMENT-INCOME> 1827195
<REALIZED-GAINS-CURRENT> 1463
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1828658
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1470255<F1>
<DISTRIBUTIONS-OF-GAINS> 1329<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80197160<F1>
<NUMBER-OF-SHARES-REDEEMED> 120110207<F1>
<SHARES-REINVESTED> 1730683<F1>
<NET-CHANGE-IN-ASSETS> (62162515)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 47
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 266755
<AVERAGE-NET-ASSETS> 104769576<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .011<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .011<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.71<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 022
<NAME> THE QUALIVEST U.S. TREASURY MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 2353760<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2093950
<OTHER-INCOME> 0
<EXPENSES-NET> 266755
<NET-INVESTMENT-INCOME> 1827195
<REALIZED-GAINS-CURRENT> 1463
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1828658
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 29210<F1>
<DISTRIBUTIONS-OF-GAINS> 19<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4533034<F1>
<NUMBER-OF-SHARES-REDEEMED> 5679213<F1>
<SHARES-REINVESTED> 528<F1>
<NET-CHANGE-IN-ASSETS> (62162515)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 47
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 266755
<AVERAGE-NET-ASSETS> 1913279<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .013<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .013<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.31<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>CLASS Y SHARES
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 023
<NAME> THE QUALIVEST U.S. TREASURY MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 3337726<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2093950
<OTHER-INCOME> 0
<EXPENSES-NET> 266755
<NET-INVESTMENT-INCOME> 1827195
<REALIZED-GAINS-CURRENT> 1463
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1828658
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 327730<F1>
<DISTRIBUTIONS-OF-GAINS> 162<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25632935<F1>
<NUMBER-OF-SHARES-REDEEMED> 48881790<F1>
<SHARES-REINVESTED> 414401<F1>
<NET-CHANGE-IN-ASSETS> (62162515)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 47
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51909
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 266755
<AVERAGE-NET-ASSETS> 22297874<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .012<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .012<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.50<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Q Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 031
<NAME> THE QUALIVEST TAX FREE MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 31667773<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 451433
<OTHER-INCOME> 0
<EXPENSES-NET> 100622
<NET-INVESTMENT-INCOME> 350811
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 350811
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 265569<F1>
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13267375<F1>
<NUMBER-OF-SHARES-REDEEMED> 16697816<F1>
<SHARES-REINVESTED> 295434<F1>
<NET-CHANGE-IN-ASSETS> (2549197)
<ACCUMULATED-NII-PRIOR> 3954
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 848
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 100622
<AVERAGE-NET-ASSETS> 30366191<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .007<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .007<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.89<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 032
<NAME> THE QUALIVEST TAX FREE MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 3785616<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 451433
<OTHER-INCOME> 0
<EXPENSES-NET> 100622
<NET-INVESTMENT-INCOME> 350811
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 350811
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 37995<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1253232<F1>
<NUMBER-OF-SHARES-REDEEMED> 1268218<F1>
<SHARES-REINVESTED> 119<F1>
<NET-CHANGE-IN-ASSETS> (2549197)
<ACCUMULATED-NII-PRIOR> 3954
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 848
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 100622
<AVERAGE-NET-ASSETS> 3803296<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .008<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .008<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.49<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 033
<NAME> THE QUALIVEST TAX FREE MONEY MARKET FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 5351118<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 451433
<OTHER-INCOME> 0
<EXPENSES-NET> 100622
<NET-INVESTMENT-INCOME> 350811
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 350811
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 47248<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 10287217<F1>
<NUMBER-OF-SHARES-REDEEMED> 9736967<F1>
<SHARES-REINVESTED> 50427<F1>
<NET-CHANGE-IN-ASSETS> (2549197)
<ACCUMULATED-NII-PRIOR> 3954
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 848
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 100622
<AVERAGE-NET-ASSETS> 5121162<F1>
<PER-SHARE-NAV-BEGIN> 1.00<F1>
<PER-SHARE-NII> .007<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> .007<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 1.00<F1>
<EXPENSE-RATIO> 0.73<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Q Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 041
<NAME> THE QUALIVEST INTERMEDIATE BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 72655<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3724278
<OTHER-INCOME> 0
<EXPENSES-NET> 446494
<NET-INVESTMENT-INCOME> 3277784
<REALIZED-GAINS-CURRENT> 510568
<APPREC-INCREASE-CURRENT> (86851)
<NET-CHANGE-FROM-OPS> 3701501
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 12752<F1>
<DISTRIBUTIONS-OF-GAINS> 3841<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 589<F1>
<NUMBER-OF-SHARES-REDEEMED> 8974<F1>
<SHARES-REINVESTED> 1526<F1>
<NET-CHANGE-IN-ASSETS> 418434
<ACCUMULATED-NII-PRIOR> 421851
<ACCUMULATED-GAINS-PRIOR> 621799
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 272532
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 446494
<AVERAGE-NET-ASSETS> 699513<F1>
<PER-SHARE-NAV-BEGIN> 10.08<F1>
<PER-SHARE-NII> 0.10<F1>
<PER-SHARE-GAIN-APPREC> 0.02<F1>
<PER-SHARE-DIVIDEND> 0.13<F1>
<PER-SHARE-DISTRIBUTIONS> 0.06<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.01<F1>
<EXPENSE-RATIO> 0.99<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 042
<NAME> THE QUALIVEST INTERMEDIATE BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 18742294<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3724278
<OTHER-INCOME> 0
<EXPENSES-NET> 446494
<NET-INVESTMENT-INCOME> 3277784
<REALIZED-GAINS-CURRENT> 510568
<APPREC-INCREASE-CURRENT> (86851)
<NET-CHANGE-FROM-OPS> 3701501
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3689507<F1>
<DISTRIBUTIONS-OF-GAINS> 1101116<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 2361566<F1>
<NUMBER-OF-SHARES-REDEEMED> 2753065<F1>
<SHARES-REINVESTED> 362763<F1>
<NET-CHANGE-IN-ASSETS> 418434
<ACCUMULATED-NII-PRIOR> 421851
<ACCUMULATED-GAINS-PRIOR> 621799
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 272532
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 446494
<AVERAGE-NET-ASSETS> 194874613<F1>
<PER-SHARE-NAV-BEGIN> 10.18<F1>
<PER-SHARE-NII> 0.11<F1>
<PER-SHARE-GAIN-APPREC> 0.02<F1>
<PER-SHARE-DIVIDEND> 0.13<F1>
<PER-SHARE-DISTRIBUTIONS> 0.06<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.12<F1>
<EXPENSE-RATIO> 0.74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 043
<NAME> THE QUALIVEST INTERMEDIATE BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 5055<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3724278
<OTHER-INCOME> 0
<EXPENSES-NET> 446494
<NET-INVESTMENT-INCOME> 3277784
<REALIZED-GAINS-CURRENT> 510568
<APPREC-INCREASE-CURRENT> (86851)
<NET-CHANGE-FROM-OPS> 3701501
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1380<F1>
<DISTRIBUTIONS-OF-GAINS> 914<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 10737<F1>
<NUMBER-OF-SHARES-REDEEMED> 348<F1>
<SHARES-REINVESTED> 211<F1>
<NET-CHANGE-IN-ASSETS> 418434
<ACCUMULATED-NII-PRIOR> 421851
<ACCUMULATED-GAINS-PRIOR> 621799
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 272532
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 446494
<AVERAGE-NET-ASSETS> 51815<F1>
<PER-SHARE-NAV-BEGIN> 10.01<F1>
<PER-SHARE-NII> 0.28<F1>
<PER-SHARE-GAIN-APPREC> 0.17<F1>
<PER-SHARE-DIVIDEND> 0.12<F1>
<PER-SHARE-DISTRIBUTIONS> 0.06<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 9.94<F1>
<EXPENSE-RATIO> 1.63<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 051
<NAME> THE QUALIVEST SMALL COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1119981<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1563342
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1641069
<NET-INVESTMENT-INCOME> (77728)
<REALIZED-GAINS-CURRENT> 2169498
<APPREC-INCREASE-CURRENT> 12606369
<NET-CHANGE-FROM-OPS> 14698139
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 978060<F1>
<NUMBER-OF-SHARES-REDEEMED> 1109184<F1>
<SHARES-REINVESTED> 0<F1>
<NET-CHANGE-IN-ASSETS> (1416346)
<ACCUMULATED-NII-PRIOR> 57066
<ACCUMULATED-GAINS-PRIOR> 33965559
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1208581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1641069
<AVERAGE-NET-ASSETS> 19408459<F1>
<PER-SHARE-NAV-BEGIN> 17.87<F1>
<PER-SHARE-NII> (.02)<F1>
<PER-SHARE-GAIN-APPREC> 0.52<F1>
<PER-SHARE-DIVIDEND> 0.00<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 18.36<F1>
<EXPENSE-RATIO> 1.32<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 052
<NAME> THE QUALIVEST SMALL COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 25176740<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1563342
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1641069
<NET-INVESTMENT-INCOME> (77728)
<REALIZED-GAINS-CURRENT> 2169498
<APPREC-INCREASE-CURRENT> 12606369
<NET-CHANGE-FROM-OPS> 14698139
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 92672<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 5118335<F1>
<NUMBER-OF-SHARES-REDEEMED> 5802896<F1>
<SHARES-REINVESTED> 4611<F1>
<NET-CHANGE-IN-ASSETS> (1416346)
<ACCUMULATED-NII-PRIOR> 57066
<ACCUMULATED-GAINS-PRIOR> 33965559
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1208581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1641069
<AVERAGE-NET-ASSETS> 466185378<F1>
<PER-SHARE-NAV-BEGIN> 17.87<F1>
<PER-SHARE-NII> (0.01)<F1>
<PER-SHARE-GAIN-APPREC> 0.53<F1>
<PER-SHARE-DIVIDEND> 0.00<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 18.39<F1>
<EXPENSE-RATIO> 1.07<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 053
<NAME> THE QUALIVEST SMALL COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 139206<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 113333
<ACCUMULATED-NET-GAINS> 36135057
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 143971826
<NET-ASSETS> 470999668
<DIVIDEND-INCOME> 1563342
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1641069
<NET-INVESTMENT-INCOME> (77728)
<REALIZED-GAINS-CURRENT> 2169498
<APPREC-INCREASE-CURRENT> 12606369
<NET-CHANGE-FROM-OPS> 14698139
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 21091<F1>
<NUMBER-OF-SHARES-REDEEMED> 33105<F1>
<SHARES-REINVESTED> 0<F1>
<NET-CHANGE-IN-ASSETS> (1416346)
<ACCUMULATED-NII-PRIOR> 57066
<ACCUMULATED-GAINS-PRIOR> 33965559
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1208581
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1641069
<AVERAGE-NET-ASSETS> 2372034<F1>
<PER-SHARE-NAV-BEGIN> 17.45<F1>
<PER-SHARE-NII> (.06)<F1>
<PER-SHARE-GAIN-APPREC> 0.54<F1>
<PER-SHARE-DIVIDEND> 0.01<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 17.92<F1>
<EXPENSE-RATIO> 2.00<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 061
<NAME> THE QUALIVEST LARGE COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 508748<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 11374
<ACCUMULATED-NET-GAINS> 113848
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 43091691
<NET-ASSETS> 171034925
<DIVIDEND-INCOME> 1279284
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 546355
<NET-INVESTMENT-INCOME> 730305
<REALIZED-GAINS-CURRENT> 12375156
<APPREC-INCREASE-CURRENT> (9169364)
<NET-CHANGE-FROM-OPS> 3936097
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 43204<F1>
<DISTRIBUTIONS-OF-GAINS> 1079360<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 33384<F1>
<NUMBER-OF-SHARES-REDEEMED> 45860<F1>
<SHARES-REINVESTED> 80868<F1>
<NET-CHANGE-IN-ASSETS> (22282265)
<ACCUMULATED-NII-PRIOR> 458324
<ACCUMULATED-GAINS-PRIOR> 12017980
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 356917
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 546354
<AVERAGE-NET-ASSETS> 8206679<F1>
<PER-SHARE-NAV-BEGIN> 15.93<F1>
<PER-SHARE-NII> 0.01<F1>
<PER-SHARE-GAIN-APPREC> 0.25<F1>
<PER-SHARE-DIVIDEND> 0.04<F1>
<PER-SHARE-DISTRIBUTIONS> 2.17<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 13.98<F1>
<EXPENSE-RATIO> 1.15<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 062
<NAME> THE QUALIVEST LARGE COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 11485906<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 11374
<ACCUMULATED-NET-GAINS> 113848
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 43091691
<NET-ASSETS> 171034925
<DIVIDEND-INCOME> 1279284
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 546355
<NET-INVESTMENT-INCOME> 730305
<REALIZED-GAINS-CURRENT> 12375156
<APPREC-INCREASE-CURRENT> (9169364)
<NET-CHANGE-FROM-OPS> 3936097
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1154738<F1>
<DISTRIBUTIONS-OF-GAINS> 23054231<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1108141<F1>
<NUMBER-OF-SHARES-REDEEMED> 2092526<F1>
<SHARES-REINVESTED> 1004540<F1>
<NET-CHANGE-IN-ASSETS> (22282265)
<ACCUMULATED-NII-PRIOR> 458324
<ACCUMULATED-GAINS-PRIOR> 12017980
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 356917
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 546354
<AVERAGE-NET-ASSETS> 182637958<F1>
<PER-SHARE-NAV-BEGIN> 16.02<F1>
<PER-SHARE-NII> (.03)<F1>
<PER-SHARE-GAIN-APPREC> 0.26<F1>
<PER-SHARE-DIVIDEND> 0.01<F1>
<PER-SHARE-DISTRIBUTIONS> 2.17<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 14.07<F1>
<EXPENSE-RATIO> 0.90<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 063
<NAME> THE QUALIVEST LARGE COMPANIES VALUE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 75272<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 11374
<ACCUMULATED-NET-GAINS> 113848
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 43091691
<NET-ASSETS> 171034925
<DIVIDEND-INCOME> 1279284
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 546355
<NET-INVESTMENT-INCOME> 730305
<REALIZED-GAINS-CURRENT> 12375156
<APPREC-INCREASE-CURRENT> (9169364)
<NET-CHANGE-FROM-OPS> 3936097
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2060<F1>
<DISTRIBUTIONS-OF-GAINS> 145697<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 949<F1>
<NUMBER-OF-SHARES-REDEEMED> 9082<F1>
<SHARES-REINVESTED> 10781<F1>
<NET-CHANGE-IN-ASSETS> (22282265)
<ACCUMULATED-NII-PRIOR> 458324
<ACCUMULATED-GAINS-PRIOR> 12017980
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 356917
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 546354
<AVERAGE-NET-ASSETS> 1103420<F1>
<PER-SHARE-NAV-BEGIN> 15.66<F1>
<PER-SHARE-NII> 0.04<F1>
<PER-SHARE-GAIN-APPREC> 0.25<F1>
<PER-SHARE-DIVIDEND> 0.05<F1>
<PER-SHARE-DISTRIBUTIONS> 2.17<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 13.73<F1>
<EXPENSE-RATIO> 1.83<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 091
<NAME> THE QUALIVEST DIVERSIFIED BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 45567<F1>
<ACCUMULATED-NII-CURRENT> 527
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 5252353
<INTEREST-INCOME> 5252353
<OTHER-INCOME> 0
<EXPENSES-NET> 479843
<NET-INVESTMENT-INCOME> 4772509
<REALIZED-GAINS-CURRENT> 468424
<APPREC-INCREASE-CURRENT> 1335492
<NET-CHANGE-FROM-OPS> 6576425
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9548<F1>
<DISTRIBUTIONS-OF-GAINS> 509<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 3260<F1>
<NUMBER-OF-SHARES-REDEEMED> 318<F1>
<SHARES-REINVESTED> 858<F1>
<NET-CHANGE-IN-ASSETS> 6286382
<ACCUMULATED-NII-PRIOR> 659616
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 211005
<GROSS-ADVISORY-FEES> 246136
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 479843
<AVERAGE-NET-ASSETS> 472948<F1>
<PER-SHARE-NAV-BEGIN> 10.16<F1>
<PER-SHARE-NII> 0.00<F1>
<PER-SHARE-GAIN-APPREC> 0.00<F1>
<PER-SHARE-DIVIDEND> 0.00<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.18<F1>
<EXPENSE-RATIO> 0.84<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 092
<NAME> THE QUALIVEST DIVERSIFIED BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 25114228<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5252353
<OTHER-INCOME> 0
<EXPENSES-NET> 479843
<NET-INVESTMENT-INCOME> 4772509
<REALIZED-GAINS-CURRENT> 468424
<APPREC-INCREASE-CURRENT> 1335492
<NET-CHANGE-FROM-OPS> 6576425
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 5421622<F1>
<DISTRIBUTIONS-OF-GAINS> 265512<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 1515035<F1>
<NUMBER-OF-SHARES-REDEEMED> 1341720<F1>
<SHARES-REINVESTED> 354806<F1>
<NET-CHANGE-IN-ASSETS> 6286382
<ACCUMULATED-NII-PRIOR> 659616
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 211005
<GROSS-ADVISORY-FEES> 246136
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 479843
<AVERAGE-NET-ASSETS> 264572545<F1>
<PER-SHARE-NAV-BEGIN> 10.37<F1>
<PER-SHARE-NII> 0.55<F1>
<PER-SHARE-GAIN-APPREC> (.38)<F1>
<PER-SHARE-DIVIDEND> 0.14<F1>
<PER-SHARE-DISTRIBUTIONS> 0.01<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.40<F1>
<EXPENSE-RATIO> 0.58<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 093
<NAME> THE QUALIVEST DIVERSIFIED BOND FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 2368<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5252353
<OTHER-INCOME> 0
<EXPENSES-NET> 479843
<NET-INVESTMENT-INCOME> 4772509
<REALIZED-GAINS-CURRENT> 468424
<APPREC-INCREASE-CURRENT> 1335492
<NET-CHANGE-FROM-OPS> 6576425
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 428<F1>
<DISTRIBUTIONS-OF-GAINS> 25<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 0<F1>
<NUMBER-OF-SHARES-REDEEMED> 1<F1>
<SHARES-REINVESTED> 47<F1>
<NET-CHANGE-IN-ASSETS> 6286382
<ACCUMULATED-NII-PRIOR> 659616
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 211005
<GROSS-ADVISORY-FEES> 246136
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 479843
<AVERAGE-NET-ASSETS> 23003<F1>
<PER-SHARE-NAV-BEGIN> 9.71<F1>
<PER-SHARE-NII> 0.46<F1>
<PER-SHARE-GAIN-APPREC> (.30)<F1>
<PER-SHARE-DIVIDEND> 0.13<F1>
<PER-SHARE-DISTRIBUTIONS> 0.01<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 9.73<F1>
<EXPENSE-RATIO> 1.50<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 101
<NAME> THE QUALIVEST OPTIMIZED STOCK FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 322985<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1957653
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 613750
<NET-INVESTMENT-INCOME> 1332974
<REALIZED-GAINS-CURRENT> 16474628
<APPREC-INCREASE-CURRENT> (15554853)
<NET-CHANGE-FROM-OPS> 2252749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 18837<F1>
<DISTRIBUTIONS-OF-GAINS> 311271<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 741636<F1>
<NUMBER-OF-SHARES-REDEEMED> 752539<F1>
<SHARES-REINVESTED> 20928<F1>
<NET-CHANGE-IN-ASSETS> 3354270
<ACCUMULATED-NII-PRIOR> 782630
<ACCUMULATED-GAINS-PRIOR> 9709964
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 324833
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 613750
<AVERAGE-NET-ASSETS> 4521492<F1>
<PER-SHARE-NAV-BEGIN> 17.22<F1>
<PER-SHARE-NII> 0.02<F1>
<PER-SHARE-GAIN-APPREC> 0.01<F1>
<PER-SHARE-DIVIDEND> 0.04<F1>
<PER-SHARE-DISTRIBUTIONS> 1.28<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 15.93<F1>
<EXPENSE-RATIO> 0.81<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 102
<NAME> THE QUALIVEST OPTIMIZED STOCK FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 20221450<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1957653
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 613750
<NET-INVESTMENT-INCOME> 1332974
<REALIZED-GAINS-CURRENT> 16474628
<APPREC-INCREASE-CURRENT> (15554853)
<NET-CHANGE-FROM-OPS> 2252749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2109363<F1>
<DISTRIBUTIONS-OF-GAINS> 25882886<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 972496<F1>
<NUMBER-OF-SHARES-REDEEMED> 1052969<F1>
<SHARES-REINVESTED> 1536481<F1>
<NET-CHANGE-IN-ASSETS> (3354270)
<ACCUMULATED-NII-PRIOR> 782630
<ACCUMULATED-GAINS-PRIOR> 9709964
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 324833
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 613750
<AVERAGE-NET-ASSETS> 344618403<F1>
<PER-SHARE-NAV-BEGIN> 17.26<F1>
<PER-SHARE-NII> (.02)<F1>
<PER-SHARE-GAIN-APPREC> 0.02<F1>
<PER-SHARE-DIVIDEND> 0.02<F1>
<PER-SHARE-DISTRIBUTIONS> 1.28<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 15.96<F1>
<EXPENSE-RATIO> 0.56<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 103
<NAME> THE QUALIVEST OPTIMIZED STOCK FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 32622<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1957653
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 613750
<NET-INVESTMENT-INCOME> 1332974
<REALIZED-GAINS-CURRENT> 16474628
<APPREC-INCREASE-CURRENT> (15554853)
<NET-CHANGE-FROM-OPS> 2252749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 715<F1>
<DISTRIBUTIONS-OF-GAINS> 35453<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 8213<F1>
<NUMBER-OF-SHARES-REDEEMED> 13205<F1>
<SHARES-REINVESTED> 2310<F1>
<NET-CHANGE-IN-ASSETS> (3354270)
<ACCUMULATED-NII-PRIOR> 782630
<ACCUMULATED-GAINS-PRIOR> 9709964
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 324833
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 613750
<AVERAGE-NET-ASSETS> 576295<F1>
<PER-SHARE-NAV-BEGIN> 17.13<F1>
<PER-SHARE-NII> 0.04<F1>
<PER-SHARE-GAIN-APPREC> 0.08<F1>
<PER-SHARE-DIVIDEND> 0.05<F1>
<PER-SHARE-DISTRIBUTIONS> 1.28<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 15.92<F1>
<EXPENSE-RATIO> 1.49<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 111
<NAME> THE QUALIVEST INTERNATIONAL OPPORTUNITIES FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 128052<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1228670
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 411071
<NET-INVESTMENT-INCOME> 817598
<REALIZED-GAINS-CURRENT> 3520340
<APPREC-INCREASE-CURRENT> (25140886)
<NET-CHANGE-FROM-OPS> (20802948)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2786<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 3542<F1>
<NUMBER-OF-SHARES-REDEEMED> 18611<F1>
<SHARES-REINVESTED> 228<F1>
<NET-CHANGE-IN-ASSETS> 4276717
<ACCUMULATED-NII-PRIOR> 705914
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 437032
<GROSS-ADVISORY-FEES> 188893
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 411071
<AVERAGE-NET-ASSETS> 1420709<F1>
<PER-SHARE-NAV-BEGIN> 12.32<F1>
<PER-SHARE-NII> 0.04<F1>
<PER-SHARE-GAIN-APPREC> (1.26)<F1>
<PER-SHARE-DIVIDEND> 0.02<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.08<F1>
<EXPENSE-RATIO> 0.90<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 112
<NAME> THE QUALIVEST INTERNATIONAL OPPORTUNITIES FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 17026291<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 196106684
<DIVIDEND-INCOME> 1228670
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 411071
<NET-INVESTMENT-INCOME> 817598
<REALIZED-GAINS-CURRENT> 3520340
<APPREC-INCREASE-CURRENT> (25140886)
<NET-CHANGE-FROM-OPS> (20802948)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 512387<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 2887343<F1>
<NUMBER-OF-SHARES-REDEEMED> 2441466<F1>
<SHARES-REINVESTED> 28199<F1>
<NET-CHANGE-IN-ASSETS> 4276714
<ACCUMULATED-NII-PRIOR> 705914
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 437032
<GROSS-ADVISORY-FEES> 188893
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 411071
<AVERAGE-NET-ASSETS> 201791595<F1>
<PER-SHARE-NAV-BEGIN> 12.37<F1>
<PER-SHARE-NII> 0.02<F1>
<PER-SHARE-GAIN-APPREC> (1.26)<F1>
<PER-SHARE-DIVIDEND> 0.00<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.13<F1>
<EXPENSE-RATIO> 0.65<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 113
<NAME> THE QUALIVEST INTERNATIONAL OPPORTUNITIES FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 2285<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1228670
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 411071
<NET-INVESTMENT-INCOME> 817598
<REALIZED-GAINS-CURRENT> 3520340
<APPREC-INCREASE-CURRENT> (25140886)
<NET-CHANGE-FROM-OPS> (20802948)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0<F1>
<DISTRIBUTIONS-OF-GAINS> 0<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 52<F1>
<NUMBER-OF-SHARES-REDEEMED> 333<F1>
<SHARES-REINVESTED> 0<F1>
<NET-CHANGE-IN-ASSETS> 4276714
<ACCUMULATED-NII-PRIOR> 705914
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 437032
<GROSS-ADVISORY-FEES> 188893
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 411071
<AVERAGE-NET-ASSETS> 24237<F1>
<PER-SHARE-NAV-BEGIN> 12.28<F1>
<PER-SHARE-NII> 0.04<F1>
<PER-SHARE-GAIN-APPREC> (1.25)<F1>
<PER-SHARE-DIVIDEND> 0.03<F1>
<PER-SHARE-DISTRIBUTIONS> 0.00<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.04<F1>
<EXPENSE-RATIO> 1.59<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class C Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 121
<NAME> THE QUALIVEST ALLOCATED CONSERVATIVE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 284769<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 176622
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 18966
<NET-INVESTMENT-INCOME> 157657
<REALIZED-GAINS-CURRENT> 501331
<APPREC-INCREASE-CURRENT> (564840)
<NET-CHANGE-FROM-OPS> 94147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 44001<F1>
<DISTRIBUTIONS-OF-GAINS> 317605<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 31564<F1>
<NUMBER-OF-SHARES-REDEEMED> 11099<F1>
<SHARES-REINVESTED> 33504<F1>
<NET-CHANGE-IN-ASSETS> (2538081)
<ACCUMULATED-NII-PRIOR> 79
<ACCUMULATED-GAINS-PRIOR> 420653
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1971
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18966
<AVERAGE-NET-ASSETS> 3419108<F1>
<PER-SHARE-NAV-BEGIN> 11.22<F1>
<PER-SHARE-NII> 0.10<F1>
<PER-SHARE-GAIN-APPREC> (0.06)<F1>
<PER-SHARE-DIVIDEND> 0.10<F1>
<PER-SHARE-DISTRIBUTIONS> 1.03<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.13<F1>
<EXPENSE-RATIO> 0.70<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 122
<NAME> THE QUALIVEST ALLOCATED CONSERVATIVE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 833587<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 176622
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 18966
<NET-INVESTMENT-INCOME> 157657
<REALIZED-GAINS-CURRENT> 501331
<APPREC-INCREASE-CURRENT> (564840)
<NET-CHANGE-FROM-OPS> 94147
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 116878<F1>
<DISTRIBUTIONS-OF-GAINS> 611602<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 89090<F1>
<NUMBER-OF-SHARES-REDEEMED> 337192<F1>
<SHARES-REINVESTED> 64068<F1>
<NET-CHANGE-IN-ASSETS> (2538081)
<ACCUMULATED-NII-PRIOR> 79
<ACCUMULATED-GAINS-PRIOR> 420653
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1971
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18966
<AVERAGE-NET-ASSETS> 9292017<F1>
<PER-SHARE-NAV-BEGIN> 11.23<F1>
<PER-SHARE-NII> 0.11<F1>
<PER-SHARE-GAIN-APPREC> (.06)<F1>
<PER-SHARE-DIVIDEND> 0.11<F1>
<PER-SHARE-DISTRIBUTIONS> 1.03<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.14<F1>
<EXPENSE-RATIO> 0.40<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 131
<NAME> THE QUALIVEST ALLOCATED BALANCED FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 935629<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 42048
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 200086
<ACCUM-APPREC-OR-DEPREC> 6423739
<NET-ASSETS> 139928981
<DIVIDEND-INCOME> 1511891
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 160781
<NET-INVESTMENT-INCOME> 1351110
<REALIZED-GAINS-CURRENT> 8561441
<APPREC-INCREASE-CURRENT> (9836867)
<NET-CHANGE-FROM-OPS> 75685
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 108656<F1>
<DISTRIBUTIONS-OF-GAINS> 919137<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 79311<F1>
<NUMBER-OF-SHARES-REDEEMED> 52682<F1>
<SHARES-REINVESTED> 93979<F1>
<NET-CHANGE-IN-ASSETS> 4708261
<ACCUMULATED-NII-PRIOR> 633
<ACCUMULATED-GAINS-PRIOR> 2587992
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 160781
<AVERAGE-NET-ASSETS> 11581055<F1>
<PER-SHARE-NAV-BEGIN> 11.98<F1>
<PER-SHARE-NII> 0.07<F1>
<PER-SHARE-GAIN-APPREC> (.12)<F1>
<PER-SHARE-DIVIDEND> 0.07<F1>
<PER-SHARE-DISTRIBUTIONS> 0.95<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.91<F1>
<EXPENSE-RATIO> 0.60<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 132
<NAME> THE QUALIVEST ALLOCATED BALANCED FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 10449649<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 1511891
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 160781
<NET-INVESTMENT-INCOME> 1351110
<REALIZED-GAINS-CURRENT> 8561441
<APPREC-INCREASE-CURRENT> (9836867)
<NET-CHANGE-FROM-OPS> 75685
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1285136<F1>
<DISTRIBUTIONS-OF-GAINS> 10430381<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 2506125<F1>
<NUMBER-OF-SHARES-REDEEMED> 2028747<F1>
<SHARES-REINVESTED> 20773<F1>
<NET-CHANGE-IN-ASSETS> 4708261
<ACCUMULATED-NII-PRIOR> 633
<ACCUMULATED-GAINS-PRIOR> 2587992
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 21588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 160781
<AVERAGE-NET-ASSETS> 127917414<F1>
<PER-SHARE-NAV-BEGIN> 11.87<F1>
<PER-SHARE-NII> 0.08<F1>
<PER-SHARE-GAIN-APPREC> (.12)<F1>
<PER-SHARE-DIVIDEND> 0.08<F1>
<PER-SHARE-DISTRIBUTIONS> 0.95<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 10.80<F1>
<EXPENSE-RATIO> 0.35<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 141
<NAME> THE QUALIVEST ALLOCATED GROWTH FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1175472<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 217772
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 43622
<NET-INVESTMENT-INCOME> 174150
<REALIZED-GAINS-CURRENT> 1851158
<APPREC-INCREASE-CURRENT> 2211686
<NET-CHANGE-FROM-OPS> (186378)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 90482<F1>
<DISTRIBUTIONS-OF-GAINS> 1522277<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 93802<F1>
<NUMBER-OF-SHARES-REDEEMED> 51989<F1>
<SHARES-REINVESTED> 143241<F1>
<NET-CHANGE-IN-ASSETS> (118272)
<ACCUMULATED-NII-PRIOR> 146
<ACCUMULATED-GAINS-PRIOR> 986122
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4552
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43622
<AVERAGE-NET-ASSETS> 15358143<F1>
<PER-SHARE-NAV-BEGIN> 12.69<F1>
<PER-SHARE-NII> 0.05<F1>
<PER-SHARE-GAIN-APPREC> (.17)<F1>
<PER-SHARE-DIVIDEND> 0.05<F1>
<PER-SHARE-DISTRIBUTIONS> 1.25<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.27<F1>
<EXPENSE-RATIO> 0.60<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 142
<NAME> THE QUALIVEST ALLOCATED GROWTH FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1089390<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 217772
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 43622
<NET-INVESTMENT-INCOME> 174150
<REALIZED-GAINS-CURRENT> 1851158
<APPREC-INCREASE-CURRENT> 2211686
<NET-CHANGE-FROM-OPS> (186378)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 92057<F1>
<DISTRIBUTIONS-OF-GAINS> 1326698<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 136245<F1>
<NUMBER-OF-SHARES-REDEEMED> 164477<F1>
<SHARES-REINVESTED> 119983<F1>
<NET-CHANGE-IN-ASSETS> (118272)
<ACCUMULATED-NII-PRIOR> 146
<ACCUMULATED-GAINS-PRIOR> 986122
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4552
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 43622
<AVERAGE-NET-ASSETS> 14046915<F1>
<PER-SHARE-NAV-BEGIN> 12.55<F1>
<PER-SHARE-NII> 0.05<F1>
<PER-SHARE-GAIN-APPREC> (.18)<F1>
<PER-SHARE-DIVIDEND> 0.05<F1>
<PER-SHARE-DISTRIBUTIONS> 1.25<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.12<F1>
<EXPENSE-RATIO> 0.34<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 151
<NAME> THE QUALIVEST ALLOCATED AGGRESSIVE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 710514<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 135215
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 66785
<NET-INVESTMENT-INCOME> 68429
<REALIZED-GAINS-CURRENT> 3505532
<APPREC-INCREASE-CURRENT> (4068637)
<NET-CHANGE-FROM-OPS> (494675)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16534<F1>
<DISTRIBUTIONS-OF-GAINS> 1223926<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 52327<F1>
<NUMBER-OF-SHARES-REDEEMED> 24030<F1>
<SHARES-REINVESTED> 112189<F1>
<NET-CHANGE-IN-ASSETS> 14867
<ACCUMULATED-NII-PRIOR> 290
<ACCUMULATED-GAINS-PRIOR> 756627
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5237
<INTEREST-EXPENSE> 00
<GROSS-EXPENSE> 66784
<AVERAGE-NET-ASSETS> 9511810<F1>
<PER-SHARE-NAV-BEGIN> 13.04<F1>
<PER-SHARE-NII> 0.01<F1>
<PER-SHARE-GAIN-APPREC> (.24)<F1>
<PER-SHARE-DIVIDEND> 0.01<F1>
<PER-SHARE-DISTRIBUTIONS> 1.65<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.16<F1>
<EXPENSE-RATIO> 0.82<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class A Shares
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000923499
<NAME> THE QUALIVEST FUNDS
<SERIES>
<NUMBER> 152
<NAME> THE QUALIVEST ALLOCATED AGGRESSIVE FUND
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1997
<PERIOD-END> NOV-21-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1820603<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 135215
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 66785
<NET-INVESTMENT-INCOME> 68429
<REALIZED-GAINS-CURRENT> 3505532
<APPREC-INCREASE-CURRENT> (4068637)
<NET-CHANGE-FROM-OPS> (494675)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 61314<F1>
<DISTRIBUTIONS-OF-GAINS> 3026633<F1>
<DISTRIBUTIONS-OTHER> 0<F1>
<NUMBER-OF-SHARES-SOLD> 237076<F1>
<NUMBER-OF-SHARES-REDEEMED> 230170<F1>
<SHARES-REINVESTED> 280512<F1>
<NET-CHANGE-IN-ASSETS> 14867
<ACCUMULATED-NII-PRIOR> 290
<ACCUMULATED-GAINS-PRIOR> 756627
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5237
<INTEREST-EXPENSE> 00
<GROSS-EXPENSE> 66784
<AVERAGE-NET-ASSETS> 24318801<F1>
<PER-SHARE-NAV-BEGIN> 13.00<F1>
<PER-SHARE-NII> 0.01<F1>
<PER-SHARE-GAIN-APPREC> (.22)<F1>
<PER-SHARE-DIVIDEND> 0.02<F1>
<PER-SHARE-DISTRIBUTIONS> 1.65<F1>
<RETURNS-OF-CAPITAL> 0.00<F1>
<PER-SHARE-NAV-END> 11.12<F1>
<EXPENSE-RATIO> 0.57<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Class Y Shares
</FN>
</TABLE>
