<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000808490
<NAME> WORLD EQUITY PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                         19650560
<INVESTMENTS-AT-VALUE>                        24591706
<RECEIVABLES>                                   210492
<ASSETS-OTHER>                                   83213
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                24885411
<PAYABLE-FOR-SECURITIES>                        165728
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       185523
<TOTAL-LIABILITIES>                             351251
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      19259948
<SHARES-COMMON-STOCK>                          1628910
<SHARES-COMMON-PRIOR>                          1315970
<ACCUMULATED-NII-CURRENT>                       127481
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         143454
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       5003277
<NET-ASSETS>                                  24534160
<DIVIDEND-INCOME>                               190714
<INTEREST-INCOME>                                93286
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  262979
<NET-INVESTMENT-INCOME>                          21021
<REALIZED-GAINS-CURRENT>                        708446
<APPREC-INCREASE-CURRENT>                      1723033
<NET-CHANGE-FROM-OPS>                          2452500
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (102035)
<DISTRIBUTIONS-OF-GAINS>                      (565417)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         872836
<NUMBER-OF-SHARES-REDEEMED>                     605395
<SHARES-REINVESTED>                              45499
<NET-CHANGE-IN-ASSETS>                         6343428
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       220351
<OVERDISTRIB-NII-PRIOR>                        (11431)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           153378
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 328221
<AVERAGE-NET-ASSETS>                          21946358
<PER-SHARE-NAV-BEGIN>                           13.823
<PER-SHARE-NII>                                   .016
<PER-SHARE-GAIN-APPREC>                          1.647
<PER-SHARE-DIVIDEND>                            (.064)
<PER-SHARE-DISTRIBUTIONS>                       (.360)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             15.062
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>