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SIGNATURE LESLIE L OGG
TITLE VICE PRESIDENT
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<REALIZED-GAINS-CURRENT> 1247003827
<APPREC-INCREASE-CURRENT> 2872085268
<NET-CHANGE-FROM-OPS> 4194166896
<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> 4874597978
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 66450613
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 67099933
<AVERAGE-NET-ASSETS> 25269993310
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> AGGRESSIVE GROWTH PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-2000
<PERIOD-END> JAN-31-2000
<INVESTMENTS-AT-COST> 872108680
<INVESTMENTS-AT-VALUE> 908158746
<RECEIVABLES> 2415185
<ASSETS-OTHER> 78673
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 910652604
<PAYABLE-FOR-SECURITIES> 15903026
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 56307
<TOTAL-LIABILITIES> 15959333
<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> 894693271
<DIVIDEND-INCOME> 3416114
<INTEREST-INCOME> 991283
<OTHER-INCOME> 0
<EXPENSES-NET> 2647391
<NET-INVESTMENT-INCOME> 1760006
<REALIZED-GAINS-CURRENT> 90266009
<APPREC-INCREASE-CURRENT> (26378376)
<NET-CHANGE-FROM-OPS> 65647639
<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> 135594701
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2602413
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2649543
<AVERAGE-NET-ASSETS> 824929591
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
</TABLE>
EXHIBIT 77D
for Growth Trust
At Board of Directors meetings held on
September 8-9, 1999, the following
investment policy was eliminated:
Under normal market conditions, the Fund does
not intend to commit more than 5% of its
total assets to when-issued securities
or forward commitments.
