000 B000000 09/30/95
000 C000000 000000
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FUNDMANAGER TRUST
001 B000000 811-8992
001 C000000 6174230800
002 A000000 6 ST. JAMES AVENUE, 9TH FLOOR
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C020100 AGGRESSIVE GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 GROWTH FUND
007 C030200 N
007 C010300 3
007 C020300 GROWTH & INCOME FUND
007 C030300 N
007 C010400 4
007 C020400 BOND FUND
007 C030400 N
007 C010500 5
007 C020500 MANAGED TOTAL RETURN FUND
007 C030500 N
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FREEDOM CAPITAL MANAGEMENT CORPORATION
008 B00AA01 A
008 C00AA01 801-42
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02108
010 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
010 B00AA01 8-41134
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02116
011 A00AA01 SIGNATURE BROKER-DEALER SERVICES, INC.
011 B00AA01 8-41134
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02116
011 A00AA02 TUCKER ANTHONY, INCORPORATED
011 B00AA02 8-00000
011 C01AA02 NEW YORK
011 C02AA02 NY
011 C03AA02 10281
011 A00AA03 SUTRO & CO., INC.
011 B00AA03 8-00000
011 C01AA03 SAN FRANCISCO
011 C02AA03 CA
011 C03AA03 94111
012 A00AA01 INVESTORS BANK & TRUST COMPANY
012 B00AA01 85-720
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02111
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02116
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 5
019 C00AA00 FUNDMANAGE
020 A000001 VENTURE ADVISORS
020 B000001 85-0360310
020 C000001 1
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 1
022 A000001 SEI FINANCIAL SERVICES COMPANY
022 B000001 23-1707341
022 C000001 122201
022 D000001 126421
022 A000002 THE VANGUARD GROUP, INC.
022 B000002 23-3029846
022 C000002 12325
022 D000002 9726
022 A000003 AMERICAN FUNDS SERVICE COMPANY
022 B000003 95-2769620
022 C000003 6698
022 D000003 12316
022 A000004 PACIFIC INVESTMENT ADMIN. SVS. CO.
022 B000004 95-2594489
022 C000004 4602
022 D000004 14208
022 A000005 SANFORD C. BERNSTEIN & COMPANY
022 B000005 13-2625874
022 C000005 5916
022 D000005 11158
022 A000006 ANGELES SECURITIES CORPORATION
022 B000006 95-4323564
022 C000006 6081
022 D000006 8661
022 A000007 GUARDIAN INVESTOR SERVICES CORP.
022 B000007 13-2615338
022 C000007 5293
022 D000007 8648
022 A000008 FRANKLIN/TEMPLETON DISTRIBUTORS, INC.
022 B000008 13-5599989
022 C000008 3514
022 D000008 9322
022 A000009 SOCIETE GENERALE SECURITIES CORP.
022 B000009 13-1976032
022 C000009 5331
022 D000009 4877
022 A000010 PUTNAM MANAGEMENT
022 B000010 04-1223767
022 C000010 3224
022 D000010 5756
023 C000000 212633
023 D000000 271203
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 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 Y
030 A00AA00 2
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 2
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 31
042 B00AA00 0
042 C00AA00 0
042 D00AA00 32
042 E00AA00 37
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 674
044 00AA00 0
045 00AA00 Y
046 00AA00 Y
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 500000
048 A02AA00 0.500
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 500000
048 K02AA00 0.400
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
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 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
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
063 A00AA00 0
063 B00AA00 0.0
070 A01AA00 Y
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 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 Y
080 A00AA00 FRANK CRYSTAL & CO., INC.
080 C00AA00 600
081 A00AA00 N
081 B00AA00 0
082 A00AA00 Y
082 B00AA00 25000
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
028 A010100 147708
028 A020100 0
028 A030100 0
028 A040100 2442452
028 B010100 156664
028 B020100 0
028 B030100 0
028 B040100 1446788
028 C010100 486682
028 C020100 0
028 C030100 0
028 C040100 2441111
028 D010100 1324669
028 D020100 0
028 D030100 0
028 D040100 6541403
028 E010100 1062366
028 E020100 0
028 E030100 0
028 E040100 555349
028 F010100 822742
028 F020100 0
028 F030100 0
028 F040100 1107076
028 G010100 4000831
028 G020100 0
028 G030100 0
028 G040100 14534179
028 H000100 0
066 A000100 Y
066 B000100 Y
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
071 A000100 18200
071 B000100 28601
071 C000100 18200
071 D000100 50
072 A000100 12
072 B000100 0
072 C000100 357
072 D000100 0
072 E000100 0
072 F000100 184
072 G000100 92
072 H000100 0
072 I000100 38
072 J000100 24
072 K000100 0
072 L000100 9
072 M000100 4
072 N000100 23
072 O000100 0
072 P000100 0
072 Q000100 40
072 R000100 13
072 S000100 1
072 T000100 173
072 U000100 0
072 V000100 0
072 W000100 8
072 X000100 609
072 Y000100 0
072 Z000100 -252
072AA000100 5736
072BB000100 0
072CC010100 2551
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 2054
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.8300
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 33675
074 J000100 0
074 K000100 0
074 L000100 69
074 M000100 0
074 N000100 33744
074 O000100 0
074 P000100 38
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 38
074 S000100 0
074 T000100 33668
074 U010100 1838
074 U020100 0
074 V010100 18.31
074 V020100 0.00
074 W000100 0.0000
074 X000100 655
074 Y000100 0
075 A000100 0
075 B000100 36855
076 000100 0.00
028 A010200 204671
028 A020200 0
028 A030200 0
028 A040200 2735959
028 B010200 167511
028 B020200 0
028 B030200 0
028 B040200 1546562
028 C010200 406341
028 C020200 0
028 C030200 0
028 C040200 3598253
028 D010200 345141
028 D020200 181588
028 D030200 0
028 D040200 6502896
028 E010200 815155
028 E020200 0
028 E030200 0
028 E040200 604729
028 F010200 1397175
028 F020200 0
028 F030200 0
028 F040200 419675
028 G010200 3335994
028 G020200 181588
028 G030200 0
028 G040200 15408074
028 H000200 0
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
071 A000200 19894
071 B000200 34172
071 C000200 19894
071 D000200 68
072 A000200 12
072 B000200 0
072 C000200 503
072 D000200 0
072 E000200 0
072 F000200 156
072 G000200 78
072 H000200 0
072 I000200 36
072 J000200 20
072 K000200 0
072 L000200 11
072 M000200 4
072 N000200 28
072 O000200 0
072 P000200 0
072 Q000200 40
072 R000200 13
072 S000200 2
072 T000200 141
072 U000200 0
072 V000200 0
072 W000200 8
072 X000200 537
072 Y000200 0
072 Z000200 -34
072AA000200 4679
072BB000200 0
072CC010200 1567
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 2201
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.9200
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 24856
074 J000200 0
074 K000200 0
074 L000200 1253
074 M000200 0
074 N000200 26109
074 O000200 0
074 P000200 50
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 37
074 S000200 0
074 T000200 26022
074 U010200 1613
074 U020200 0
074 V010200 16.14
074 V020200 0.00
074 W000200 0.0000
074 X000200 491
074 Y000200 0
075 A000200 0
075 B000200 31340
076 000200 0.00
028 A010300 42154
028 A020300 222626
028 A030300 0
028 A040300 4184893
028 B010300 48875
028 B020300 0
028 B030300 0
028 B040300 1764919
028 C010300 215340
028 C020300 0
028 C030300 0
028 C040300 4496786
028 D010300 274100
028 D020300 179894
028 D030300 0
028 D040300 10929761
028 E010300 2400175
028 E020300 0
028 E030300 0
028 E040300 798531
028 F010300 205352
028 F020300 0
028 F030300 0
028 F040300 1320243
028 G010300 3185996
028 G020300 402520
028 G030300 0
028 G040300 23495133
028 H000300 0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 Y
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
071 A000300 5537
071 B000300 29589
071 C000300 5537
071 D000300 12
072 A000300 12
072 B000300 0
072 C000300 1526
072 D000300 0
072 E000300 0
072 F000300 230
072 G000300 115
072 H000300 0
072 I000300 36
072 J000300 31
072 K000300 0
072 L000300 10
072 M000300 4
072 N000300 28
072 O000300 0
072 P000300 0
072 Q000300 40
072 R000300 14
072 S000300 4
072 T000300 209
072 U000300 0
072 V000300 0
072 W000300 13
072 X000300 734
072 Y000300 0
072 Z000300 792
072AA000300 5826
072BB000300 0
072CC010300 2842
072CC020300 0
072DD010300 999
072DD020300 0
072EE000300 2699
073 A010300 0.3300
073 A020300 0.0000
073 B000300 0.8400
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 35715
074 J000300 0
074 K000300 0
074 L000300 41
074 M000300 0
074 N000300 35756
074 O000300 0
074 P000300 70
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 43
074 S000300 0
074 T000300 35643
074 U010300 1949
074 U020300 0
074 V010300 18.28
074 V020300 0.00
074 W000300 0.0000
074 X000300 491
074 Y000300 0
075 A000300 0
075 B000300 46178
076 000300 0.00
028 A010400 66340
028 A020400 262363
028 A030400 0
028 A040400 6531406
028 B010400 53914
028 B020400 255231
028 B030400 0
028 B040400 3751477
028 C010400 66461
028 C020400 246493
028 C030400 0
028 C040400 4808529
028 D010400 23488631
028 D020400 246222
028 D030400 0
028 D040400 10653504
028 E010400 4604583
028 E020400 278445
028 E030400 0
028 E040400 1559163
028 F010400 2430318
028 F020400 292207
028 F030400 0
028 F040400 3949259
028 G010400 30710247
028 G020400 1580961
028 G030400 0
028 G040400 31253338
028 H000400 0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 N
066 F000400 Y
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
071 A000400 39240
071 B000400 42404
071 C000400 39240
071 D000400 53
072 A000400 12
072 B000400 0
072 C000400 5044
072 D000400 0
072 E000400 0
072 F000400 368
072 G000400 172
072 H000400 0
072 I000400 33
072 J000400 38
072 K000400 0
072 L000400 12
072 M000400 5
072 N000400 34
072 O000400 0
072 P000400 0
072 Q000400 40
072 R000400 13
072 S000400 3
072 T000400 340
072 U000400 0
072 V000400 0
072 W000400 11
072 X000400 1069
072 Y000400 0
072 Z000400 3975
072AA000400 0
072BB000400 2142
072CC010400 5690
072CC020400 0
072DD010400 3487
072DD020400 0
072EE000400 0
073 A010400 0.4600
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 76775
074 J000400 0
074 K000400 0
074 L000400 1657
074 M000400 0
074 N000400 78432
074 O000400 0
074 P000400 138
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 875
074 S000400 0
074 T000400 77419
074 U010400 7584
074 U020400 0
074 V010400 10.21
074 V020400 0.00
074 W000400 0.0000
074 X000400 155
074 Y000400 0
075 A000400 0
075 B000400 73846
076 000400 0.00
028 A010500 60793
028 A020500 68666
028 A030500 0
028 A040500 758082
028 B010500 247892
028 B020500 0
028 B030500 0
028 B040500 581450
028 C010500 117708
028 C020500 0
028 C030500 0
028 C040500 594654
028 D010500 282877
028 D020500 62083
028 D030500 0
028 D040500 299687
028 E010500 190101
028 E020500 0
028 E030500 0
028 E040500 402781
028 F010500 97380
028 F020500 0
028 F030500 0
028 F040500 183248
028 G010500 996751
028 G020500 130749
028 G030500 0
028 G040500 2819902
028 H000500 0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 Y
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
071 A000500 7505
071 B000500 7497
071 C000500 7497
071 D000500 58
072 A000500 12
072 B000500 17
072 C000500 660
072 D000500 0
072 E000500 0
072 F000500 77
072 G000500 39
072 H000500 0
072 I000500 36
072 J000500 15
072 K000500 0
072 L000500 10
072 M000500 3
072 N000500 11
072 O000500 0
072 P000500 0
072 Q000500 40
072 R000500 13
072 S000500 1
072 T000500 75
072 U000500 0
072 V000500 0
072 W000500 3
072 X000500 323
072 Y000500 0
072 Z000500 354
072AA000500 692
072BB000500 0
072CC010500 964
072CC020500 0
072DD010500 438
072DD020500 0
072EE000500 1100
073 A010500 0.3000
073 A020500 0.0000
073 B000500 0.7500
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 450
074 D000500 0
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 14322
074 J000500 0
074 K000500 0
074 L000500 26
074 M000500 0
074 N000500 14798
074 O000500 0
074 P000500 14
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 35
074 S000500 0
074 T000500 14749
074 U010500 1266
074 U020500 0
074 V010500 11.65
074 V020500 0.00
074 W000500 0.0000
074 X000500 529
074 Y000500 0
075 A000500 0
075 B000500 15464
076 000500 0.00
SIGNATURE ANGELA M. GRIFFIN
TITLE FUND ADMINISTRATOR
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE ANNUAL REPORT
DATED SEPTEMBER 30, 1995 FOR THE FUNDMANAGER TRUST FUNDS AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT.
</LEGEND>
<CIK> 0000939891
<SERIES>
<NUMBER> 1
<NAME> AGGRESSIVE GROWTH FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 28,398,165
<INVESTMENTS-AT-VALUE> 33,675,272
<RECEIVABLES> 68,224
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 33,743,498
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 76,836
<TOTAL-LIABILITIES> 76,836
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23,193,103
<SHARES-COMMON-STOCK> 1,838,433
<SHARES-COMMON-PRIOR> 2,458,054
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 33,667,662
<DIVIDEND-INCOME> 357,196
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 609,196
<NET-INVESTMENT-INCOME> (252,000)
<REALIZED-GAINS-CURRENT> 5,735,631
<APPREC-INCREASE-CURRENT> 2,550,693
<NET-CHANGE-FROM-OPS> 8,034,324
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 94,361
<DISTRIBUTIONS-OF-GAINS> 1,959,235
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 574,640
<NUMBER-OF-SHARES-REDEEMED> 1,297,234
<SHARES-REINVESTED> 135,951
<NET-CHANGE-IN-ASSETS> (4,098,779)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 183,747
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 609,196
<AVERAGE-NET-ASSETS> 36,855,081
<PER-SHARE-NAV-BEGIN> 15.57
<PER-SHARE-NII> (0.13)
<PER-SHARE-GAIN-APPREC> 3.70
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.83
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.31
<EXPENSE-RATIO> 1.65
<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
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE ANNUAL REPORT
DATED SEPTEMBER 30, 1995 FOR THE FUNDMANAGER GROWTH FUND AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT.
</LEGEND>
<CIK> 0000939891
<SERIES>
<NUMBER> 2
<NAME> GROWTH FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 21,153,942
<INVESTMENTS-AT-VALUE> 24,855,666
<RECEIVABLES> 1,252,598
<ASSETS-OTHER> 8
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 26,108,272
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 86,331
<TOTAL-LIABILITIES> 86,331
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,715,294
<SHARES-COMMON-STOCK> 1,612,567
<SHARES-COMMON-PRIOR> 2,408,508
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 26,021,941
<DIVIDEND-INCOME> 503,564
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 537,237
<NET-INVESTMENT-INCOME> (33,673)
<REALIZED-GAINS-CURRENT> 4,679,348
<APPREC-INCREASE-CURRENT> 1,567,149
<NET-CHANGE-FROM-OPS> 6,212,824
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 202,424
<DISTRIBUTIONS-OF-GAINS> 1,998,155
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 408,816
<NUMBER-OF-SHARES-REDEEMED> 1,380,354
<SHARES-REINVESTED> 157,112
<NET-CHANGE-IN-ASSETS> (8,182,772)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 156,209
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 537,237
<AVERAGE-NET-ASSETS> 31,339,521
<PER-SHARE-NAV-BEGIN> 14.09
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 2.99
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0.92
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.14
<EXPENSE-RATIO> 1.71
<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
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE ANNUAL REPORT
DATED SEPTEMBER 30, 1995 FOR THE FUNDMANAGER GROWTH & INCOME FUND AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT.
</LEGEND>
<CIK> 0000939891
<SERIES>
<NUMBER> 3
<NAME> GROWTH & INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 29,891,297
<INVESTMENTS-AT-VALUE> 35,715,326
<RECEIVABLES> 40,928
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 35,756,254
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 112,835
<TOTAL-LIABILITIES> 112,835
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23,331,585
<SHARES-COMMON-STOCK> 1,949,419
<SHARES-COMMON-PRIOR> 3,117,731
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 35,643,424
<DIVIDEND-INCOME> 1,526,211
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 733,788
<NET-INVESTMENT-INCOME> 792,423
<REALIZED-GAINS-CURRENT> 5,826,326
<APPREC-INCREASE-CURRENT> 2,841,531
<NET-CHANGE-FROM-OPS> 9,460,280
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 999,120
<DISTRIBUTIONS-OF-GAINS> 2,699,191
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 336,532
<NUMBER-OF-SHARES-REDEEMED> 1,909,597
<SHARES-REINVESTED> 232,936
<NET-CHANGE-IN-ASSETS> (16,951,603)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 230,166
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 733,788
<AVERAGE-NET-ASSETS> 46,177,516
<PER-SHARE-NAV-BEGIN> 15.99
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> 3.19
<PER-SHARE-DIVIDEND> 0.33
<PER-SHARE-DISTRIBUTIONS> 0.84
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.28
<EXPENSE-RATIO> 1.59
<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
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE ANNUAL REPORT
DATED SEPTEMBER 30, 1995 FOR THE FUNDMANAGER GROWTH FUND AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT.
</LEGEND>
<CIK> 0000939891
<SERIES>
<NUMBER> 4
<NAME> FUNDMANAGER BOND FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 76,507,225
<INVESTMENTS-AT-VALUE> 76,775,135
<RECEIVABLES> 1,656,828
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 78,431,963
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,013,347
<TOTAL-LIABILITIES> 1,013,347
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 79,311,765
<SHARES-COMMON-STOCK> 7,583,952
<SHARES-COMMON-PRIOR> 7,500,172
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 77,418,616
<DIVIDEND-INCOME> 5,043,620
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 1,068,521
<NET-INVESTMENT-INCOME> 3,975,099
<REALIZED-GAINS-CURRENT> (2,141,804)
<APPREC-INCREASE-CURRENT> 5,689,746
<NET-CHANGE-FROM-OPS> 7,523,041
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,486,674
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,074,856
<NUMBER-OF-SHARES-REDEEMED> 4,770,571
<SHARES-REINVESTED> 335,974
<NET-CHANGE-IN-ASSETS> 649,821
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 368,185
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,068,521
<AVERAGE-NET-ASSETS> 73,846,077
<PER-SHARE-NAV-BEGIN> 9.66
<PER-SHARE-NII> 0.52
<PER-SHARE-GAIN-APPREC> 0.49
<PER-SHARE-DIVIDEND> 0.46
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.21
<EXPENSE-RATIO> 1.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL DATA EXTRACTED FROM THE ANNUAL REPORT
DATED SEPTEMBER 30, 1995 FOR THE FUNDMANAGER MANAGED TOTAL RETURN FUND AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ANNUAL REPORT.
</LEGEND>
<CIK> 0000939891
<SERIES>
<NUMBER> 5
<NAME> MANAGED TOTAL RETURN FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-1995
<PERIOD-START> OCT-01-1994
<PERIOD-END> SEP-30-1995
<INVESTMENTS-AT-COST> 13,561,881
<INVESTMENTS-AT-VALUE> 14,772,234
<RECEIVABLES> 25,754
<ASSETS-OTHER> 5
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 14,797,993
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 48,666
<TOTAL-LIABILITIES> 48,666
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,818,588
<SHARES-COMMON-STOCK> 1,266,151
<SHARES-COMMON-PRIOR> 1,420,655
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 14,749,327
<DIVIDEND-INCOME> 660,235
<INTEREST-INCOME> 16,320
<OTHER-INCOME> 0
<EXPENSES-NET> 322,926
<NET-INVESTMENT-INCOME> 353,629
<REALIZED-GAINS-CURRENT> 691,877
<APPREC-INCREASE-CURRENT> 963,916
<NET-CHANGE-FROM-OPS> 2,009,422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 437,840
<DISTRIBUTIONS-OF-GAINS> 1,100,015
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 151,194
<NUMBER-OF-SHARES-REDEEMED> 590,034
<SHARES-REINVESTED> 146,354
<NET-CHANGE-IN-ASSETS> (2,765,366)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 77,116
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 322,926
<AVERAGE-NET-ASSETS> 15,464,390
<PER-SHARE-NAV-BEGIN> 11.24
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> 1.18
<PER-SHARE-DIVIDEND> 0.30
<PER-SHARE-DISTRIBUTIONS> 0.75
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.65
<EXPENSE-RATIO> 2.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
