<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0000930591
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 SELECT ADVISORS PORTFOLIOS
001 B000000 811-8778
001 C000000 6173306113
002 A000000 311 PIKE STREET
002 B000000 CINCINNATI
002 C000000 OH
002 D010000 45202
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 9
007 C010100 1
007 C020100 EMERGING GROWTH PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 INTERNATIONAL EQUITY PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 GROWTH & INCOME PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 BALANCED PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 INCOME OPPORTUNITY PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 BOND PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 MUNICIPAL BOND PORTFOLIO
007 C030700 Y
007 C010800 8
007 C020800 GROWTH & INCOME PORTFOLIO II
007 C030800 N
007 C010900 9
007 C020900 BOND PORTFOLIO II
007 C030900 N
007 C011000 10
007 C011100 11
<PAGE> PAGE 2
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 INVESTORS BANK & TRUST CO.
010 B00AA01 801-43443
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
011 A00AA01 TOUCHSTONE SECURITIES, INC
011 B00AA01 8-14052
011 C01AA01 CINCINNATI
011 C02AA01 OH
011 C03AA01 45202
012 A00AA01 DELETE
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
015 A00AA01 INVESTORS BANK & TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02111
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 29
019 C00AA00 TOUCHSTONE
020 A000001 CAPITAL INST SERV
020 C000001 40
020 A000002 INSTINET
020 B000002 13-3443395
020 C000002 12
020 A000003 MERRILL LYNCH PIERCE FENNER & CO
020 B000003 13-5674085
020 C000003 11
020 A000004 MORGAN STANLEY & CO
020 B000004 13-2655998
020 C000004 9
020 A000005 SALOMON BROS INC
020 B000005 13-5365580
020 C000005 6
020 A000006 PAINE WEBER INC
020 B000006 13-2638166
020 C000006 6
<PAGE> PAGE 3
020 A000007 BEAR STEARNS & CO INC
020 B000007 13-4946705
020 C000007 4
020 A000008 NIKE SECURITIES
020 C000008 4
020 A000009 SANFORD C BERNSTEIN & CO INC
020 C000009 4
020 A000010 MONTGOMERY SECURITIES
020 B000010 94-1701676
020 C000010 3
021 000000 145
022 A000001 SMITH BARNEY INC
022 B000001 13-1912900
022 C000001 4165
022 D000001 4758
022 A000002 MORGAN STANLEY & CO INC
022 B000002 13-2655998
022 C000002 2625
022 D000002 3634
022 A000003 INVESTORS BANK & TRUST CO
022 C000003 4310
022 D000003 1777
022 A000004 GOLDMAN SACHS & CO
022 B000004 13-5108880
022 C000004 3370
022 D000004 3046
022 A000005 CHASE SECURITIES INC
022 B000005 13-2633612
022 C000005 2567
022 D000005 1972
022 A000006 SHERWOOD SECURITIES
022 C000006 1361
022 D000006 2452
022 A000007 BEAR STEARNS & CO INC
022 B000007 13-4946705
022 C000007 1374
022 D000007 1688
022 A000008 BANKERS TRUST
022 B000008 13-4941247
022 C000008 1382
022 D000008 927
022 A000009 SALOMON BROS INC
022 B000009 13-5365580
022 C000009 1921
022 D000009 274
022 A000010 PAINE WEBBER INC
022 B000010 13-2638166
022 C000010 94
022 D000010 2095
023 C000000 44695
023 D000000 35796
<PAGE> PAGE 4
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
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
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
054 A00AA00 Y
<PAGE> PAGE 5
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 Y
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
077 A000000 N
078 000000 N
080 A00AA00 FIDELITY & DEPOSIT COMPANY OF MARYLAND
080 C00AA00 3000
081 A00AA00 Y
081 B00AA00 3
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 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
008 A000101 TOUCHSTONE ADVISORS, INC.
008 B000101 A
008 C000101 801-45963
<PAGE> PAGE 6
008 D010101 CINCINNATI
008 D020101 OH
008 D030101 45202
008 A000102 DAVID L. BABSON & COMPANY, INC
008 B000102 S
008 C000102 801-24100
008 D010102 CAMBRIDGE
008 D020102 MA
008 D030102 02142
008 D040102 1300
008 A000103 WESTFIELD CAPITAL MANAGEMENT
008 B000103 S
008 C000103 801-34350
008 D010103 BOSTON
008 D020103 MA
008 D030103 02111
028 A010100 0
028 A020100 0
028 A030100 0
028 A040100 0
028 B010100 0
028 B020100 0
028 B030100 0
028 B040100 0
028 C010100 0
028 C020100 0
028 C030100 0
028 C040100 0
028 D010100 0
028 D020100 0
028 D030100 0
028 D040100 0
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 0
028 G020100 0
028 G030100 0
028 G040100 0
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.800
048 A010100 0
048 A020100 0.000
<PAGE> PAGE 7
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
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
<PAGE> PAGE 8
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 3147
071 B000100 2525
071 C000100 4663
071 D000100 54
072 A000100 6
072 B000100 9
072 C000100 24
072 D000100 0
072 E000100 0
072 F000100 20
072 G000100 26
072 H000100 0
072 I000100 0
072 J000100 7
072 K000100 0
<PAGE> PAGE 9
072 L000100 0
072 M000100 1
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 4
072 S000100 0
072 T000100 0
072 U000100 3
072 V000100 0
072 W000100 3
072 X000100 64
072 Y000100 25
072 Z000100 -7
072AA000100 415
072BB000100 0
072CC010100 269
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 428
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 5589
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 5
074 M000100 34
074 N000100 6058
074 O000100 49
074 P000100 11
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 13
074 S000100 0
074 T000100 5985
074 U010100 0
074 U020100 0
<PAGE> PAGE 10
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 2
074 Y000100 0
075 A000100 0
075 B000100 5025
076 000100 0.00
008 A000201 TOUCHSTONE ADVISORS, INC.
008 B000201 A
008 C000201 801-45963
008 D010201 CINCINNATI
008 D020201 OH
008 D030201 45202
008 A000202 BEA ASSOCIATES
008 B000202 S
008 C000202 801-37170
008 D010202 NEW YORK
008 D020202 NY
008 D030202 10022
028 A010200 0
028 A020200 0
028 A030200 0
028 A040200 0
028 B010200 0
028 B020200 0
028 B030200 0
028 B040200 0
028 C010200 0
028 C020200 0
028 C030200 0
028 C040200 0
028 D010200 0
028 D020200 0
028 D030200 0
028 D040200 0
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 0
028 G020200 0
028 G030200 0
028 G040200 0
028 H000200 0
045 000200 Y
046 000200 N
<PAGE> PAGE 11
047 000200 Y
048 000200 0.950
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
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
<PAGE> PAGE 12
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 5479
071 B000200 5104
071 C000200 6745
071 D000200 76
072 A000200 6
072 B000200 9
072 C000200 80
072 D000200 0
072 E000200 0
072 F000200 33
072 G000200 34
<PAGE> PAGE 13
072 H000200 0
072 I000200 0
072 J000200 44
072 K000200 0
072 L000200 0
072 M000200 1
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 4
072 S000200 0
072 T000200 0
072 U000200 3
072 V000200 0
072 W000200 2
072 X000200 121
072 Y000200 64
072 Z000200 31
072AA000200 304
072BB000200 0
072CC010200 621
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 265
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 7683
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 194
074 K000200 26
074 L000200 27
074 M000200 75
074 N000200 8270
074 O000200 234
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 56
<PAGE> PAGE 14
074 S000200 0
074 T000200 7980
074 U010200 0
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 2
074 Y000200 0
075 A000200 0
075 B000200 7094
076 000200 0.00
008 A000301 TOUCHSTONE ADVISORS, INC.
008 B000301 A
008 C000301 801-45963
008 D010301 CINCINNATI
008 D020301 OH
008 D030301 45202
008 A000302 FORT WASHINGTON INVESTMENT ADVISORS, INC.
008 B000302 S
008 C000302 801-27180
008 D010302 CINCINNATI
008 D020302 OH
008 D030302 45202
028 A010300 0
028 A020300 0
028 A030300 0
028 A040300 0
028 B010300 0
028 B020300 0
028 B030300 0
028 B040300 0
028 C010300 0
028 C020300 0
028 C030300 0
028 C040300 0
028 D010300 0
028 D020300 0
028 D030300 0
028 D040300 0
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 0
028 G020300 0
028 G030300 0
<PAGE> PAGE 15
028 G040300 0
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.750
048 A010300 0
048 A020300 0.000
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
062 A000300 N
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 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
<PAGE> PAGE 16
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 15728
071 B000300 15021
071 C000300 20966
071 D000300 72
072 A000300 6
072 B000300 29
072 C000300 155
<PAGE> PAGE 17
072 D000300 0
072 E000300 0
072 F000300 81
072 G000300 26
072 H000300 0
072 I000300 0
072 J000300 11
072 K000300 0
072 L000300 0
072 M000300 3
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 12
072 S000300 0
072 T000300 0
072 U000300 4
072 V000300 0
072 W000300 7
072 X000300 143
072 Y000300 5
072 Z000300 45
072AA000300 721
072BB000300 0
072CC010300 749
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 136
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 216
074 F000300 23100
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 33
074 M000300 40
074 N000300 23525
074 O000300 0
074 P000300 253
074 Q000300 0
<PAGE> PAGE 18
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 32
074 S000300 0
074 T000300 23240
074 U010300 0
074 U020300 0
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 3
074 Y000300 0
075 A000300 0
075 B000300 21893
076 000300 0.00
008 A000401 TOUCHSTONE ADVISORS, INC.
008 B000401 A
008 C000401 801-45963
008 D010401 CINCINNATI
008 D020401 OH
008 D030401 45202
008 A000402 OPCAP ADVISORS
008 B000402 S
008 C000402 801-27180
008 D010402 NEW YORK
008 D020402 NY
008 D030402 10105
008 A000403 DELETE
028 A010400 0
028 A020400 0
028 A030400 0
028 A040400 0
028 B010400 0
028 B020400 0
028 B030400 0
028 B040400 0
028 C010400 0
028 C020400 0
028 C030400 0
028 C040400 0
028 D010400 0
028 D020400 0
028 D030400 0
028 D040400 0
028 E010400 0
028 E020400 0
028 E030400 0
028 E040400 0
028 F010400 0
028 F020400 0
<PAGE> PAGE 19
028 F030400 0
028 F040400 0
028 G010400 0
028 G020400 0
028 G030400 0
028 G040400 0
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.800
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
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
<PAGE> PAGE 20
063 A000400 0
063 B000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 Y
066 F000400 N
066 G000400 N
067 000400 Y
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 5151
071 B000400 4297
<PAGE> PAGE 21
071 C000400 4295
071 D000400 100
072 A000400 6
072 B000400 58
072 C000400 18
072 D000400 0
072 E000400 0
072 F000400 18
072 G000400 26
072 H000400 0
072 I000400 0
072 J000400 7
072 K000400 0
072 L000400 0
072 M000400 1
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 3
072 S000400 0
072 T000400 0
072 U000400 3
072 V000400 0
072 W000400 2
072 X000400 60
072 Y000400 28
072 Z000400 44
072AA000400 776
072BB000400 0
072CC010400 0
072CC020400 352
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 45
074 B000400 0
074 C000400 0
074 D000400 1982
074 E000400 0
074 F000400 3038
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 13
074 K000400 6
074 L000400 36
<PAGE> PAGE 22
074 M000400 33
074 N000400 5153
074 O000400 31
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 12
074 S000400 0
074 T000400 5110
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 2
074 Y000400 0
075 A000400 0
075 B000400 4505
076 000400 0.00
008 A000501 TOUCHSTONE ADVISORS, INC.
008 B000501 A
008 C000501 801-45963
008 D010501 CINCINNATI
008 D020501 OH
008 D030501 45202
008 A000502 ALLIANCE CAPITAL MANAGEMENT, INC.
008 B000502 S
008 C000502 801-32361
008 D010502 NEW YORK
008 D020502 NY
008 D030502 10105
028 A010500 0
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 0
028 B030500 0
028 B040500 0
028 C010500 0
028 C020500 0
028 C030500 0
028 C040500 0
028 D010500 0
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 0
028 E020500 0
<PAGE> PAGE 23
028 E030500 0
028 E040500 0
028 F010500 0
028 F020500 0
028 F030500 0
028 F040500 0
028 G010500 0
028 G020500 0
028 G030500 0
028 G040500 0
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.650
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
062 A000500 Y
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
<PAGE> PAGE 24
062 O000500 0.0
062 P000500 70.0
062 Q000500 24.1
062 R000500 5.9
063 A000500 0
063 B000500 8.5
064 A000500 N
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 13548
071 B000500 8261
<PAGE> PAGE 25
071 C000500 8550
071 D000500 97
072 A000500 6
072 B000500 565
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 26
072 G000500 26
072 H000500 0
072 I000500 0
072 J000500 6
072 K000500 0
072 L000500 0
072 M000500 1
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 6
072 S000500 0
072 T000500 0
072 U000500 3
072 V000500 0
072 W000500 4
072 X000500 72
072 Y000500 18
072 Z000500 511
072AA000500 345
072BB000500 0
072CC010500 0
072CC020500 116
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 1087
074 B000500 0
074 C000500 0
074 D000500 10982
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 24
074 L000500 146
<PAGE> PAGE 26
074 M000500 23
074 N000500 12262
074 O000500 592
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 14
074 S000500 0
074 T000500 11656
074 U010500 0
074 U020500 0
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 2
074 Y000500 0
075 A000500 0
075 B000500 8905
076 000500 0.00
008 A000601 TOUCHSTONE ADVISORS, INC.
008 B000601 A
008 C000601 801-45963
008 D010601 CINCINATI
008 D020601 OH
008 D030601 45202
008 A000602 FORT WASHINGTON INVESTMENT ADVISORS, INC.
008 B000602 S
008 C000602 801-37235
008 D010602 CINCINNATI
008 D020602 OH
008 D030602 45202
028 A010600 0
028 A020600 0
028 A030600 0
028 A040600 0
028 B010600 0
028 B020600 0
028 B030600 0
028 B040600 0
028 C010600 0
028 C020600 0
028 C030600 0
028 C040600 0
028 D010600 0
028 D020600 0
028 D030600 0
028 D040600 0
028 E010600 0
028 E020600 0
<PAGE> PAGE 27
028 E030600 0
028 E040600 0
028 F010600 0
028 F020600 0
028 F030600 0
028 F040600 0
028 G010600 0
028 G020600 0
028 G030600 0
028 G040600 0
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.550
048 A010600 0
048 A020600 0.000
048 B010600 0
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
062 A000600 Y
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 16.9
062 N000600 15.3
<PAGE> PAGE 28
062 O000600 0.0
062 P000600 39.2
062 Q000600 24.8
062 R000600 3.8
063 A000600 0
063 B000600 7.3
064 A000600 N
064 B000600 N
066 A000600 N
067 000600 N
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 N
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 Y
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 8366
071 B000600 6644
<PAGE> PAGE 29
071 C000600 13152
071 D000600 51
072 A000600 6
072 B000600 512
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 40
072 G000600 26
072 H000600 0
072 I000600 0
072 J000600 7
072 K000600 0
072 L000600 0
072 M000600 2
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 7
072 S000600 0
072 T000600 0
072 U000600 4
072 V000600 0
072 W000600 4
072 X000600 90
072 Y000600 26
072 Z000600 448
072AA000600 42
072BB000600 0
072CC010600 0
072CC020600 61
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 462
074 B000600 0
074 C000600 0
074 D000600 14656
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 177
<PAGE> PAGE 30
074 M000600 39
074 N000600 15334
074 O000600 0
074 P000600 88
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 19
074 S000600 0
074 T000600 15227
074 U010600 0
074 U020600 0
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 3
074 Y000600 0
075 A000600 0
075 B000600 14417
076 000600 0.00
008 A000701 TOUCHSTONE ADVISORS, INC.
008 B000701 A
008 C000701 801-45963
008 D010701 CINCINNATI
008 D020701 OH
008 D030701 45202
008 A000702 NEUBERGER & BERMAN
008 B000702 S
008 C000702 801-3908
008 D010702 NEW YORK
008 D020702 NY
008 D030702 10158
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
<PAGE> PAGE 31
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
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.550
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
062 A000700 Y
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
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
<PAGE> PAGE 32
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 0.0
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 82
071 B000700 592
071 C000700 2501
071 D000700 0
<PAGE> PAGE 33
072 A000700 4
072 B000700 33
072 C000700 0
072 D000700 0
072 E000700 0
072 F000700 4
072 G000700 0
072 H000700 0
072 I000700 0
072 J000700 31
072 K000700 0
072 L000700 2
072 M000700 0
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 0
072 S000700 0
072 T000700 0
072 U000700 0
072 V000700 0
072 W000700 0
072 X000700 37
072 Y000700 29
072 Z000700 25
072AA000700 0
072BB000700 16
072CC010700 21
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
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
<PAGE> PAGE 34
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
075 A000700 0
075 B000700 2573
076 000700 0.00
008 A000801 TOUCHSTONE ADVISORS, INC.
008 B000801 A
008 C000801 801-45963
008 D010801 CINCINNATI
008 D020801 OH
008 D030801 45202
008 A000802 FORT WASHINGTON INVESTMENT ADVISORS, INC.
008 B000802 S
008 C000802 801-37235
008 D010802 CINCINNATI
008 D020802 OH
008 D030802 45202
028 A010800 0
028 A020800 0
028 A030800 0
028 A040800 0
028 B010800 0
028 B020800 0
028 B030800 0
028 B040800 0
028 C010800 0
028 C020800 0
028 C030800 0
028 C040800 0
028 D010800 0
028 D020800 0
028 D030800 0
028 D040800 0
028 E010800 0
028 E020800 0
028 E030800 0
028 E040800 0
<PAGE> PAGE 35
028 F010800 0
028 F020800 0
028 F030800 0
028 F040800 0
028 G010800 0
028 G020800 0
028 G030800 0
028 G040800 0
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.750
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
062 A000800 N
062 B000800 0.0
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
<PAGE> PAGE 36
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 Y
066 F000800 N
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 Y
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
<PAGE> PAGE 37
071 A000800 21506
071 B000800 14912
071 C000800 23632
071 D000800 63
072 A000800 6
072 B000800 62
072 C000800 180
072 D000800 0
072 E000800 0
072 F000800 96
072 G000800 39
072 H000800 0
072 I000800 0
072 J000800 11
072 K000800 0
072 L000800 9
072 M000800 3
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 10
072 S000800 0
072 T000800 0
072 U000800 5
072 V000800 0
072 W000800 58
072 X000800 231
072 Y000800 123
072 Z000800 133
072AA000800 508
072BB000800 0
072CC010800 1355
072CC020800 0
072DD010800 0
072DD020800 0
072EE000800 0
073 A010800 0.0000
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 1553
074 B000800 0
074 C000800 0
074 D000800 0
074 E000800 435
074 F000800 29105
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
<PAGE> PAGE 38
074 K000800 0
074 L000800 47
074 M000800 18
074 N000800 31158
074 O000800 0
074 P000800 72
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 41
074 S000800 0
074 T000800 31045
074 U010800 0
074 U020800 0
074 V010800 0.00
074 V020800 0.00
074 W000800 0.0000
074 X000800 5
074 Y000800 0
075 A000800 0
075 B000800 25618
076 000800 0.00
008 A000901 TOUCHSTONE ADVISORS, INC.
008 B000901 A
008 C000901 801-45963
008 D010901 CINCINNATI
008 D020901 OH
008 D030901 45202
008 A000902 FORT WASHINGTON INVESTMENT ADVISORS
008 B000902 S
008 C000902 801-37235
008 D010902 CINCINNATI
008 D020902 OH
008 D030902 45202
028 A010900 0
028 A020900 0
028 A030900 0
028 A040900 0
028 B010900 0
028 B020900 0
028 B030900 0
028 B040900 0
028 C010900 0
028 C020900 0
028 C030900 0
028 C040900 0
028 D010900 0
028 D020900 0
028 D030900 0
028 D040900 0
<PAGE> PAGE 39
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 0
028 G020900 0
028 G030900 0
028 G040900 0
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.550
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
062 A000900 Y
062 B000900 0.0
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
<PAGE> PAGE 40
062 M000900 28.7
062 N000900 7.4
062 O000900 0.0
062 P000900 34.3
062 Q000900 24.2
062 R000900 5.4
063 A000900 0
063 B000900 12.0
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 N
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 N
070 M010900 Y
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
<PAGE> PAGE 41
071 A000900 8997
071 B000900 5789
071 C000900 14933
071 D000900 39
072 A000900 6
072 B000900 578
072 C000900 0
072 D000900 0
072 E000900 0
072 F000900 45
072 G000900 39
072 H000900 0
072 I000900 0
072 J000900 7
072 K000900 0
072 L000900 9
072 M000900 1
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 6
072 S000900 0
072 T000900 0
072 U000900 4
072 V000900 0
072 W000900 39
072 X000900 150
072 Y000900 89
072 Z000900 516
072AA000900 37
072BB000900 0
072CC010900 0
072CC020900 52
072DD010900 0
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 801
074 B000900 0
074 C000900 0
074 D000900 16615
074 E000900 792
074 F000900 0
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 0
<PAGE> PAGE 42
074 K000900 15
074 L000900 200
074 M000900 19
074 N000900 18442
074 O000900 0
074 P000900 0
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 33
074 S000900 0
074 T000900 18409
074 U010900 0
074 U020900 0
074 V010900 0.00
074 V020900 0.00
074 W000900 0.0000
074 X000900 5
074 Y000900 0
075 A000900 0
075 B000900 16397
076 000900 0.00
072 Y001000 0
072 Z001000 0
072AA001000 0
072BB001000 0
072CC011000 0
072CC021000 0
072DD011000 0
072DD021000 0
072EE001000 0
073 A011000 0.0000
073 A021000 0.0000
073 B001000 0.0000
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
074 H001000 0
074 I001000 0
074 J001000 0
074 K001000 0
074 L001000 0
074 M001000 0
074 N001000 0
074 O001000 0
<PAGE> PAGE 43
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
SIGNATURE KEVIN M. CONNERTY
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> Touchstone Emerging Growth Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 4,601,720
<INVESTMENTS-AT-VALUE> 5,589,463
<RECEIVABLES> 6,329
<ASSETS-OTHER> 462,648
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6,058,440
<PAYABLE-FOR-SECURITIES> 49,646
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,203
<TOTAL-LIABILITIES> 73,849
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 5,984,591
<DIVIDEND-INCOME> 23,952
<INTEREST-INCOME> 8,871
<OTHER-INCOME> 0
<EXPENSES-NET> 39,376
<NET-INVESTMENT-INCOME> (6,553)
<REALIZED-GAINS-CURRENT> 415,316
<APPREC-INCREASE-CURRENT> 268,544
<NET-CHANGE-FROM-OPS> 677,307
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,381,800
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19,934
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 64,025
<AVERAGE-NET-ASSETS> 5,024,892
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.58
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> Touchstone International Equity Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 6,318,636
<INVESTMENTS-AT-VALUE> 7,683,098
<RECEIVABLES> 193,954
<ASSETS-OTHER> 392,968
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,270,020
<PAYABLE-FOR-SECURITIES> 234,154
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55,670
<TOTAL-LIABILITIES> 289,824
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7,980,196
<DIVIDEND-INCOME> 80,000
<INTEREST-INCOME> 9,040
<OTHER-INCOME> 0
<EXPENSES-NET> 57,755
<NET-INVESTMENT-INCOME> 31,285
<REALIZED-GAINS-CURRENT> 304,283
<APPREC-INCREASE-CURRENT> 620,526
<NET-CHANGE-FROM-OPS> 956,094
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,408,749
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33,421
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 121,392
<AVERAGE-NET-ASSETS> 7,094,265
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.64
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 7
<NAME> Touchstone Muni Bond Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<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> 0
<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> 32,962
<OTHER-INCOME> 0
<EXPENSES-NET> 8,118
<NET-INVESTMENT-INCOME> 24,844
<REALIZED-GAINS-CURRENT> (16,300)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 8,544
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,622
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (8,118)
<AVERAGE-NET-ASSETS> 2,573,195
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> Touchstone Balanced Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 4,775,036
<INVESTMENTS-AT-VALUE> 5,019,594
<RECEIVABLES> 18,512
<ASSETS-OTHER> 115,029
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5,153,135
<PAYABLE-FOR-SECURITIES> 30,422
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,392
<TOTAL-LIABILITIES> 42,814
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 5,110,321
<DIVIDEND-INCOME> 17,690
<INTEREST-INCOME> 58,455
<OTHER-INCOME> 0
<EXPENSES-NET> 32,212
<NET-INVESTMENT-INCOME> 43,933
<REALIZED-GAINS-CURRENT> 775,770
<APPREC-INCREASE-CURRENT> (352,173)
<NET-CHANGE-FROM-OPS> 467,530
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,080,529
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 17,873
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 60,198
<AVERAGE-NET-ASSETS> 4,505,341
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 5
<NAME> Touchstone Income Opportunity Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 10,816,025
<INVESTMENTS-AT-VALUE> 10,981,625
<RECEIVABLES> 145,933
<ASSETS-OTHER> 1,134,576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,262,134
<PAYABLE-FOR-SECURITIES> 592,410
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 14,102
<TOTAL-LIABILITIES> 606,512
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 11,655,622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 565,242
<OTHER-INCOME> 0
<EXPENSES-NET> 53,954
<NET-INVESTMENT-INCOME> 511,288
<REALIZED-GAINS-CURRENT> 345,344
<APPREC-INCREASE-CURRENT> (115,730)
<NET-CHANGE-FROM-OPS> 740,902
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4,516,258
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 25,707
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 72,124
<AVERAGE-NET-ASSETS> 8,905,467
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.22
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 3
<NAME> Touchstone Growth & Income Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 20,071,268
<INVESTMENTS-AT-VALUE> 23,315,627
<RECEIVABLES> 33,081
<ASSETS-OTHER> 176,618
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23,525,326
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 285,051
<TOTAL-LIABILITIES> 285,051
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 23,240,275
<DIVIDEND-INCOME> 154,782
<INTEREST-INCOME> 29,321
<OTHER-INCOME> 0
<EXPENSES-NET> 138,933
<NET-INVESTMENT-INCOME> 45,170
<REALIZED-GAINS-CURRENT> 721,241
<APPREC-INCREASE-CURRENT> 749,409
<NET-CHANGE-FROM-OPS> 1,515,820
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,284,114
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 81,424
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 143,679
<AVERAGE-NET-ASSETS> 21,892,992
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.28
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> Touchstone Growth & Income Portfolio II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 25,800,075
<INVESTMENTS-AT-VALUE> 29,539,719
<RECEIVABLES> 47,074
<ASSETS-OTHER> 1,571,377
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31,158,170
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 113,127
<TOTAL-LIABILITIES> 113,127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 31,045,043
<DIVIDEND-INCOME> 179,805
<INTEREST-INCOME> 62,248
<OTHER-INCOME> 0
<EXPENSES-NET> 108,579
<NET-INVESTMENT-INCOME> 133,474
<REALIZED-GAINS-CURRENT> 508,288
<APPREC-INCREASE-CURRENT> 1,355,164
<NET-CHANGE-FROM-OPS> 1,996,926
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 9,074,083
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 95,805
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 231,405
<AVERAGE-NET-ASSETS> 25,618,168
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 9
<NAME> Touchstone Bond Portfolio II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 17,134,148
<INVESTMENTS-AT-VALUE> 17,406,572
<RECEIVABLES> 200,509
<ASSETS-OTHER> 835,322
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18,442,403
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 33,520
<TOTAL-LIABILITIES> 33,520
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 18,408,883
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 577,775
<OTHER-INCOME> 0
<EXPENSES-NET> 61,322
<NET-INVESTMENT-INCOME> 516,453
<REALIZED-GAINS-CURRENT> 37,194
<APPREC-INCREASE-CURRENT> (51,818)
<NET-CHANGE-FROM-OPS> 501,829
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,429,485
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 45,007
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 149,846
<AVERAGE-NET-ASSETS> 16,396,663
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial
information extracted from Touchstone Select Advisers Portfolio
financial statements at June 30, 1997
and is qualified in its entirety by reference
to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 6
<NAME> Touchstone Bond Portfolio
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 14,366,636
<INVESTMENTS-AT-VALUE> 14,655,971
<RECEIVABLES> 177,050
<ASSETS-OTHER> 501,269
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,334,290
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 106,988
<TOTAL-LIABILITIES> 106,988
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 15,227,302
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 511,578
<OTHER-INCOME> 0
<EXPENSES-NET> 63,994
<NET-INVESTMENT-INCOME> 447,584
<REALIZED-GAINS-CURRENT> 42,357
<APPREC-INCREASE-CURRENT> (61,107)
<NET-CHANGE-FROM-OPS> 428,834
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,699,512
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 39,920
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 89,511
<AVERAGE-NET-ASSETS> 14,416,812
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
