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<PAGE> PAGE 2
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 20
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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SIGNATURE DONNA WILBUR
TITLE ACCOUNTANT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> MANAGED INCOME PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-START> JAN-17-1995
<PERIOD-END> DEC-31-1995
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<ACCUM-APPREC-OR-DEPREC> 61468
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<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 75661
<OTHER-INCOME> 0
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<NET-INVESTMENT-INCOME> 64895
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<GROSS-EXPENSE> 29904
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<PER-SHARE-NAV-BEGIN> 10.00
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> UST INTERNATIONAL EQUITY PORTFOLIO
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-17-1995
<PERIOD-END> DEC-31-1995
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<ACCUMULATED-NII-CURRENT> (9,768)
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<ACCUMULATED-NET-GAINS> (14,764)
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<NET-ASSETS> 2,588,830
<DIVIDEND-INCOME> 58,498
<INTEREST-INCOME> 11,482
<OTHER-INCOME> (5,870)
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<NET-INVESTMENT-INCOME> 29,393
<REALIZED-GAINS-CURRENT> (2,997)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> UST INTERNATIONAL BOND PORTFOLIO
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-17-1995
<PERIOD-END> DEC-31-1995
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<SENIOR-EQUITY> 0
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<ACCUMULATED-NII-CURRENT> 0
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<NET-ASSETS> 3,177,472
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<INTEREST-INCOME> 236,937
<OTHER-INCOME> (2,727)
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<NET-CHANGE-IN-ASSETS> 3,177,462
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<PER-SHARE-NAV-END> 10.59
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> MONEY PORTFOLIO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-17-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 1049224
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<TOTAL-LIABILITIES> 12152
<SENIOR-EQUITY> 0
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<SHARES-COMMON-STOCK> 1051326
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<ACCUMULATED-NET-GAINS> (1)
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<ACCUM-APPREC-OR-DEPREC> 0
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<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 57401
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<EXPENSES-NET> 5034
<NET-INVESTMENT-INCOME> 52367
<REALIZED-GAINS-CURRENT> (1)
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<DISTRIBUTIONS-OF-INCOME> 52367
<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-REDEEMED> 350782
<SHARES-REINVESTED> 52098
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<GROSS-EXPENSE> 26065
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<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .51
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
