<PAGE> PAGE 1
000 B000000 11/30/96
000 C000000 0000943969
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 AIG ALL AGES FUNDS, INC.
001 B000000 811-9022
001 C000000 3027912919
002 A000000 70 PINE STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10270
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 AIG CHILDREN'S WORLD FUND - 2005
007 C030100 N
007 C010200 2
007 C020200 AIG RETIREE FUND - 2003
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 AIG CAPITAL MANAGEMENT CORP.
008 B00AA01 A
008 C00AA01 801-47192
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10270
008 A00AA02 AIG GLOBAL INVESTMENT CORP.
008 B00AA02 S
008 C00AA02 801-18759
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10270
010 A00AA01 PFPC INTERNATIONAL LIMITED
010 C01AA01 DUBLIN
010 C05AA01 IRELAND
<PAGE> PAGE 2
011 A00AA01 AIG EQUITY SALES CORP.
011 B00AA01 8-16586
011 C01AA01 WILMINGTON
011 C02AA01 DE
011 C03AA01 19809
012 A00AA01 AIG EQUITY SALES CORP.
012 B00AA01 85-000000
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 COOPERS AND LYBRAND L.L.P.
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
015 A00AA01 PNC BANK N.A.
015 B00AA01 C
015 C01AA01 LESTER
015 C02AA01 PA
015 C03AA01 19113
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 3
019 C00AA00 AIGFUNDSXX
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 A000001 MERRILL LYNCH
022 B000001 13-5674085
022 C000001 8479
022 D000001 140
022 A000002 GREENWICH CAPITAL MARKETS
022 B000002 13-3172275
022 C000002 1536
022 D000002 0
022 A000003 BARCLAYS DE ZOETE WEDD
022 B000003 13-3551367
022 C000003 270
022 D000003 0
022 A000004 LEHMAN
022 B000004 13-2518466
022 C000004 200
022 D000004 0
<PAGE> PAGE 3
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 10485
023 D000000 140
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
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.200
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
<PAGE> PAGE 4
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 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
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 N
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 2500
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 N
066 D00AA00 N
<PAGE> PAGE 5
066 E00AA00 N
066 F00AA00 N
066 G00AA00 Y
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
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 N
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
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
<PAGE> PAGE 6
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 GULF INSURANCE COMPANY
080 C00AA00 500
081 A00AA00 Y
081 B00AA00 2
082 A00AA00 Y
082 B00AA00 3
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 230
028 A020100 0
028 A030100 0
028 A040100 9
028 B010100 330
028 B020100 0
028 B030100 0
028 B040100 0
028 C010100 200
028 C020100 0
028 C030100 0
028 C040100 24
028 D010100 394
028 D020100 0
028 D030100 0
028 D040100 0
028 E010100 193
028 E020100 0
028 E030100 0
028 E040100 50
028 F010100 240
028 F020100 0
028 F030100 0
028 F040100 16
028 G010100 1588
028 G020100 0
028 G030100 0
<PAGE> PAGE 7
028 G040100 99
028 H000100 1462
029 000100 Y
030 A000100 8
030 B000100 4.75
030 C000100 0.00
031 A000100 8
031 B000100 0
032 000100 0
033 000100 0
042 A000100 0
042 B000100 100
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 0
044 000100 1561
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 62.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 35.5
063 A000100 0
063 B000100 9.0
064 A000100 N
064 B000100 N
071 A000100 2231
071 B000100 0
071 C000100 1001
071 D000100 0
072 A000100 12
072 B000100 72
072 C000100 0
072 D000100 0
072 E000100 0
<PAGE> PAGE 8
072 F000100 3
072 G000100 36
072 H000100 0
072 I000100 5
072 J000100 0
072 K000100 0
072 L000100 46
072 M000100 34
072 N000100 41
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 5
072 S000100 25
072 T000100 9
072 U000100 14
072 V000100 0
072 W000100 98
072 X000100 316
072 Y000100 291
072 Z000100 47
072AA000100 42
072BB000100 10
072CC010100 208
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 113
074 B000100 0
074 C000100 0
074 D000100 2409
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 1380
074 J000100 0
074 K000100 0
074 L000100 2
074 M000100 60
074 N000100 3964
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
<PAGE> PAGE 9
074 R030100 0
074 R040100 77
074 S000100 0
074 T000100 3887
074 U010100 389
074 U020100 0
074 V010100 10.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 433
074 Y000100 0
075 A000100 0
075 B000100 1941
076 000100 0.00
028 A010200 1129
028 A020200 0
028 A030200 0
028 A040200 193
028 B010200 884
028 B020200 0
028 B030200 0
028 B040200 9
028 C010200 749
028 C020200 0
028 C030200 0
028 C040200 72
028 D010200 544
028 D020200 0
028 D030200 0
028 D040200 3
028 E010200 848
028 E020200 0
028 E030200 0
028 E040200 39
028 F010200 795
028 F020200 0
028 F030200 0
028 F040200 0
028 G010200 4949
028 G020200 0
028 G030200 0
028 G040200 316
028 H000200 4735
029 000200 Y
030 A000200 23
030 B000200 4.75
030 C000200 0.00
031 A000200 23
031 B000200 0
032 000200 0
033 000200 0
<PAGE> PAGE 10
042 A000200 0
042 B000200 100
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 638
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 68.7
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 28.1
063 A000200 0
063 B000200 6.9
064 A000200 N
064 B000200 N
071 A000200 3918
071 B000200 0
071 C000200 2004
071 D000200 0
072 A000200 8
072 B000200 81
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 3
072 G000200 24
072 H000200 0
072 I000200 5
072 J000200 0
072 K000200 0
072 L000200 8
072 M000200 16
072 N000200 32
072 O000200 0
<PAGE> PAGE 11
072 P000200 0
072 Q000200 0
072 R000200 5
072 S000200 16
072 T000200 9
072 U000200 6
072 V000200 0
072 W000200 47
072 X000200 171
072 Y000200 144
072 Z000200 54
072AA000200 33
072BB000200 6
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 87
074 B000200 0
074 C000200 0
074 D000200 4172
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 1704
074 J000200 0
074 K000200 0
074 L000200 154
074 M000200 26
074 N000200 6143
074 O000200 0
074 P000200 6
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 61
074 S000200 0
074 T000200 6076
074 U010200 617
074 U020200 0
074 V010200 9.85
074 V020200 0.00
074 W000200 0.0000
074 X000200 128
<PAGE> PAGE 12
074 Y000200 0
075 A000200 0
075 B000200 2940
076 000200 0.00
SIGNATURE WENDY MCGEE
TITLE LEGAL ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943969
<NAME> AIG ALL AGES FUND, INC.
<SERIES>
<NUMBER> 01
<NAME> AIG CHILDREN'S WORLD FUND - 2005
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 3550285
<INVESTMENTS-AT-VALUE> 3788458
<RECEIVABLES> 2381
<ASSETS-OTHER> 172723
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3963562
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 76764
<TOTAL-LIABILITIES> 76764
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3599528
<SHARES-COMMON-STOCK> 377645
<SHARES-COMMON-PRIOR> 10929
<ACCUMULATED-NII-CURRENT> 47007
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 32186
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 208077
<NET-ASSETS> 3886798
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 74288
<OTHER-INCOME> (2072)
<EXPENSES-NET> 25209
<NET-INVESTMENT-INCOME> 47007
<REALIZED-GAINS-CURRENT> 32186
<APPREC-INCREASE-CURRENT> 208077
<NET-CHANGE-FROM-OPS> 287270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 390836
<NUMBER-OF-SHARES-REDEEMED> 13191
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3886798
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2538
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 315764
<AVERAGE-NET-ASSETS> 1940709
<PER-SHARE-NAV-BEGIN> 9.15
<PER-SHARE-NII> .12
<PER-SHARE-GAIN-APPREC> .73
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.00
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943969
<NAME> AIG ALL AGES FUND, INC.
<SERIES>
<NUMBER> 02
<NAME> AIG RETIREE FUND - 2003
<S> <C>
<PERIOD-TYPE> 5-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 3488161
<INVESTMENTS-AT-VALUE> 3468017
<RECEIVABLES> 62661
<ASSETS-OTHER> 93118
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3623796
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44198
<TOTAL-LIABILITIES> 44198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3580265
<SHARES-COMMON-STOCK> 391102
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 19906
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9288
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (29861)
<NET-ASSETS> 3579598
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 30691
<OTHER-INCOME> (629)
<EXPENSES-NET> 10156
<NET-INVESTMENT-INCOME> 19906
<REALIZED-GAINS-CURRENT> 9288
<APPREC-INCREASE-CURRENT> (29861)
<NET-CHANGE-FROM-OPS> (667)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 420918
<NUMBER-OF-SHARES-REDEEMED> 29815
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3579598
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1039
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 72127
<AVERAGE-NET-ASSETS> 1790005
<PER-SHARE-NAV-BEGIN> 9.15
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> (.05)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.15
<EXPENSE-RATIO> 1.95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
