<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains Summary Financial Information extracted from the Form
N-SAR and the financial statements and is qualified in its entirety by
references to such documents.
</LEGEND>
<SERIES>
   <NUMBER> 042
   <NAME> EUROPEAN VALUE FUND - CLASS B
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-START>                             JUL-01-1999
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                            11111
<INVESTMENTS-AT-VALUE>                           13239
<RECEIVABLES>                                       50
<ASSETS-OTHER>                                     258
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   13547
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          102
<TOTAL-LIABILITIES>                                102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         11030
<SHARES-COMMON-STOCK>                              155
<SHARES-COMMON-PRIOR>                              156
<ACCUMULATED-NII-CURRENT>                           24
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            263
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          2128
<NET-ASSETS>                                     13445
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  133
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     100
<NET-INVESTMENT-INCOME>                             33
<REALIZED-GAINS-CURRENT>                          1160
<APPREC-INCREASE-CURRENT>                         1101
<NET-CHANGE-FROM-OPS>                             2294
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            5
<DISTRIBUTIONS-OF-GAINS>                            16
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             10
<NUMBER-OF-SHARES-REDEEMED>                         13
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            2191
<ACCUMULATED-NII-PRIOR>                             77
<ACCUMULATED-GAINS-PRIOR>                        (836)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               55
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    172
<AVERAGE-NET-ASSETS>                              3152
<PER-SHARE-NAV-BEGIN>                            20.04
<PER-SHARE-NII>                                    .00
<PER-SHARE-GAIN-APPREC>                           4.02
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                        (.11)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              23.92
<EXPENSE-RATIO>                                   2.29


</TABLE>