<PAGE> PAGE 1
000 A000000 06/30/99
000 C000000 0000931465
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 MARKMAN MULTIFUND TRUST
001 B000000 811-8820
001 C000000 6129204848
002 A000000 6600 FRANCE AVENUE SOUTH, SUITE 565
002 B000000 EDINA
002 C000000 MN
002 D010000 55435
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 MARKMAN AGGRESSIVE ALLOCATION PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 MARKMAN MODERATE ALLOCATION PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 MARKMAN CONSERVATIVE ALLOCATION PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 MARKMAN INCOME ALLOCATION PORTFOLIO
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
011 A00AA01 MARKMAN SECURITIES, INC.
011 B00AA01 8-51092
011 C01AA01 EDINA
011 C02AA01 MN
011 C03AA01 55435
014 A00AA01 CHARLES SCHWAB & CO., INC.
014 B00AA01 8-16514
014 A00AA02 COUNTRYWIDE INVESTMENTS, INC.
014 B00AA02 8-24674
014 A00AA03 CW FUND DISTRIBUTORS, INC.
014 B00AA03 8-40907
<PAGE> PAGE 2
014 A00AA04 MARKMAN SECURITIES, INC.
014 B00AA04 8-51092
015 A00AA01 STATE STREET BANK AND TRUST COMPANY, N. A.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02210
015 E01AA01 X
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 C000001 0
022 D000001 0
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 0
023 D000000 0
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
<PAGE> PAGE 3
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 25000
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
070 A01AA00 N
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 N
070 L02AA00 N
<PAGE> PAGE 4
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 Y
070 P01AA00 Y
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 N
078 000000 N
028 A010100 1025
028 A020100 0
028 A030100 0
028 A040100 2527
028 B010100 3524
028 B020100 0
028 B030100 0
028 B040100 2221
028 C010100 2770
028 C020100 0
028 C030100 0
028 C040100 4579
028 D010100 1781
028 D020100 0
028 D030100 0
028 D040100 2255
028 E010100 949
028 E020100 0
028 E030100 0
028 E040100 935
028 F010100 2213
028 F020100 0
028 F030100 0
028 F040100 894
028 G010100 12262
028 G020100 0
028 G030100 0
028 G040100 13411
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.950
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
<PAGE> PAGE 5
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 Y
057 000100 N
071 A000100 30000
071 B000100 32764
071 C000100 97311
071 D000100 31
072 A000100 6
072 B000100 0
072 C000100 54
072 D000100 0
072 E000100 0
072 F000100 456
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 0
072 K000100 0
072 L000100 0
072 M000100 7
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 0
072 X000100 463
072 Y000100 0
<PAGE> PAGE 6
072 Z000100 -409
072AA000100 10384
072BB000100 108
072CC010100 3969
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 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 104378
074 J000100 0
074 K000100 0
074 L000100 55
074 M000100 0
074 N000100 104433
074 O000100 0
074 P000100 77
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 54
074 S000100 0
074 T000100 104302
074 U010100 5652
074 U020100 0
074 V010100 18.45
074 V020100 0.00
074 W000100 0.0000
074 X000100 945
074 Y000100 0
075 A000100 0
075 B000100 98469
076 000100 0.00
028 A010200 1635
028 A020200 0
028 A030200 0
028 A040200 3048
028 B010200 1652
028 B020200 0
<PAGE> PAGE 7
028 B030200 0
028 B040200 3758
028 C010200 722
028 C020200 0
028 C030200 0
028 C040200 1824
028 D010200 2353
028 D020200 0
028 D030200 0
028 D040200 1369
028 E010200 818
028 E020200 0
028 E030200 0
028 E040200 773
028 F010200 760
028 F020200 0
028 F030200 0
028 F040200 1571
028 G010200 7940
028 G020200 0
028 G030200 0
028 G040200 12343
028 H000200 0
045 000200 Y
046 000200 N
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
055 A000200 N
055 B000200 N
<PAGE> PAGE 8
056 000200 Y
057 000200 N
071 A000200 25116
071 B000200 29058
071 C000200 84452
071 D000200 30
072 A000200 6
072 B000200 0
072 C000200 1234
072 D000200 0
072 E000200 0
072 F000200 397
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 0
072 K000200 0
072 L000200 0
072 M000200 7
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 0
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 0
072 X000200 404
072 Y000200 0
072 Z000200 830
072AA000200 7118
072BB000200 35
072CC010200 270
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 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
<PAGE> PAGE 9
074 I000200 87714
074 J000200 0
074 K000200 0
074 L000200 7
074 M000200 0
074 N000200 87721
074 O000200 0
074 P000200 67
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 75
074 S000200 0
074 T000200 87579
074 U010200 5957
074 U020200 0
074 V010200 14.70
074 V020200 0.00
074 W000200 0.0000
074 X000200 758
074 Y000200 0
075 A000200 0
075 B000200 85723
076 000200 0.00
028 A010300 1979
028 A020300 0
028 A030300 0
028 A040300 590
028 B010300 664
028 B020300 0
028 B030300 0
028 B040300 1355
028 C010300 1564
028 C020300 0
028 C030300 0
028 C040300 830
028 D010300 619
028 D020300 0
028 D030300 0
028 D040300 1729
028 E010300 812
028 E020300 0
028 E030300 0
028 E040300 660
028 F010300 66
028 F020300 0
028 F030300 0
028 F040300 1418
028 G010300 5704
028 G020300 0
<PAGE> PAGE 10
028 G030300 0
028 G040300 6582
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.950
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
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
071 A000300 6080
071 B000300 6200
071 C000300 30957
071 D000300 20
072 A000300 6
072 B000300 0
072 C000300 795
072 D000300 0
072 E000300 0
072 F000300 147
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 0
072 K000300 0
072 L000300 0
072 M000300 7
072 N000300 0
<PAGE> PAGE 11
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 0
072 S000300 0
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 0
072 X000300 154
072 Y000300 0
072 Z000300 641
072AA000300 1416
072BB000300 38
072CC010300 217
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 201
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 31673
074 J000300 0
074 K000300 0
074 L000300 6
074 M000300 0
074 N000300 31880
074 O000300 0
074 P000300 25
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 31
074 S000300 0
074 T000300 31824
074 U010300 2408
074 U020300 0
074 V010300 13.22
074 V020300 0.00
074 W000300 0.0000
<PAGE> PAGE 12
074 X000300 306
074 Y000300 0
075 A000300 0
075 B000300 32758
076 000300 0.00
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 193
028 E020400 0
028 E030400 0
028 E040400 0
028 F010400 275
028 F020400 0
028 F030400 0
028 F040400 251
028 G010400 468
028 G020400 0
028 G030400 0
028 G040400 251
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.650
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
<PAGE> PAGE 13
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
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
071 A000400 208
071 B000400 15
071 C000400 113
071 D000400 13
072 A000400 2
072 B000400 0
072 C000400 2
072 D000400 0
072 E000400 0
072 F000400 1
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 0
072 K000400 0
072 L000400 0
072 M000400 0
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 0
072 S000400 0
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 0
072 X000400 1
072 Y000400 0
072 Z000400 1
072AA000400 0
072BB000400 0
072CC010400 0
<PAGE> PAGE 14
072CC020400 1
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
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 218
074 J000400 0
074 K000400 0
074 L000400 0
074 M000400 0
074 N000400 218
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 218
074 U010400 22
074 U020400 0
074 V010400 9.91
074 V020400 0.00
074 W000400 0.0000
074 X000400 4
074 Y000400 0
075 A000400 0
075 B000400 163
076 000400 0.00
SIGNATURE TINA D. HOSKING
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> MARKMAN AGGRESSIVE ALLOCATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 75,352,081
<INVESTMENTS-AT-VALUE> 104,377,810
<RECEIVABLES> 54,606
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 104,432,416
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 130,793
<TOTAL-LIABILITIES> 130,793
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 65,578,722
<SHARES-COMMON-STOCK> 5,651,970
<SHARES-COMMON-PRIOR> 5,723,622
<ACCUMULATED-NII-CURRENT> (409,412)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10,106,584
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29,025,729
<NET-ASSETS> 104,301,623
<DIVIDEND-INCOME> 54,140
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 463,552
<NET-INVESTMENT-INCOME> (409,412)
<REALIZED-GAINS-CURRENT> 10,275,999
<APPREC-INCREASE-CURRENT> 3,968,701
<NET-CHANGE-FROM-OPS> 13,835,288
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 699,304
<NUMBER-OF-SHARES-REDEEMED> 770,956
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 12,686,966
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 169,415
<GROSS-ADVISORY-FEES> 456,552
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 463,552
<AVERAGE-NET-ASSETS> 98,468,732
<PER-SHARE-NAV-BEGIN> 16.01
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> 2.51
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.45
<EXPENSE-RATIO> .95
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> MARKMAN MODERATE ALLOCATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 73,605,734
<INVESTMENTS-AT-VALUE> 87,714,202
<RECEIVABLES> 7,183
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 87,721,385
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 142,225
<TOTAL-LIABILITIES> 142,225
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 65,635,061
<SHARES-COMMON-STOCK> 5,956,711
<SHARES-COMMON-PRIOR> 6,277,762
<ACCUMULATED-NII-CURRENT> 830,162
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,005,469
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14,108,468
<NET-ASSETS> 87,579,160
<DIVIDEND-INCOME> 1,233,899
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 403,737
<NET-INVESTMENT-INCOME> 830,162
<REALIZED-GAINS-CURRENT> 7,082,904
<APPREC-INCREASE-CURRENT> 269,998
<NET-CHANGE-FROM-OPS> 8,183,064
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 558,383
<NUMBER-OF-SHARES-REDEEMED> 879,434
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,780,085
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 77,435
<GROSS-ADVISORY-FEES> 396,737
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 403,737
<AVERAGE-NET-ASSETS> 85,722,587
<PER-SHARE-NAV-BEGIN> 13.35
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 1.21
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.70
<EXPENSE-RATIO> .95
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> MARKMAN CONSERVATIVE ALLOCATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 28,376,009
<INVESTMENTS-AT-VALUE> 31,673,135
<RECEIVABLES> 6,296
<ASSETS-OTHER> 200,735
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31,880,166
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55,807
<TOTAL-LIABILITIES> 55,807
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26,508,494
<SHARES-COMMON-STOCK> 2,407,976
<SHARES-COMMON-PRIOR> 2,470,464
<ACCUMULATED-NII-CURRENT> 640,698
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,378,041
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,297,126
<NET-ASSETS> 31,824,359
<DIVIDEND-INCOME> 794,985
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 154,287
<NET-INVESTMENT-INCOME> 640,698
<REALIZED-GAINS-CURRENT> 1,378,041
<APPREC-INCREASE-CURRENT> 217,137
<NET-CHANGE-FROM-OPS> 2,235,876
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 441,703
<NUMBER-OF-SHARES-REDEEMED> 504,191
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,357,611
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 147,287
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 154,287
<AVERAGE-NET-ASSETS> 32,758,227
<PER-SHARE-NAV-BEGIN> 12.33
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> .62
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.22
<EXPENSE-RATIO> .95
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> MARKMAN INCOME ALLOCATION PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 219,021
<INVESTMENTS-AT-VALUE> 218,044
<RECEIVABLES> 192
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 218,236
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 171
<TOTAL-LIABILITIES> 171
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 217,627
<SHARES-COMMON-STOCK> 22,009
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,426
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (11)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (977)
<NET-ASSETS> 218,065
<DIVIDEND-INCOME> 1,597
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 171
<NET-INVESTMENT-INCOME> 1,426
<REALIZED-GAINS-CURRENT> (11)
<APPREC-INCREASE-CURRENT> (977)
<NET-CHANGE-FROM-OPS> 438
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 47,482
<NUMBER-OF-SHARES-REDEEMED> 25,473
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 218,065
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 171
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 171
<AVERAGE-NET-ASSETS> 163,091
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> (.15)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.91
<EXPENSE-RATIO> .63
</TABLE>
