These funds have received a grade of A in BUSINESS WEEK's Offshore Fund 
Scoreboard. To achieve this top grade, a fund must deliver superior 
risk-adjusted total returns for five years. Several of the funds have also 
received AAA ratings from Standard & Poor's Fund Research for performance 
relative to others in their sector. Funds that earned S&P's best rating are 
marked with an asterisk.

FUND                                               SECTOR

PUTNAM EMERGING INFO SCIENCE                       U.S. Technology
GRPE. INDOSUEZ MULTIMEDIA PORTF.                   Global Technology
S-E-BANKEN FUND TEKNOLOGI                          Global Technology
INVESCO GT TECHNOLOGY A                            U.S. Technology
MERCURY ST NORTH AMERICAN A *                      North America
CICM COUNTRY BASKETS U.S.A. BASKET                 U.S.
DRESDNER RCM NORTH AMERICAN                        North America
UBAM U.S. EQUITY                                   U.S.
BARING IUF NORTH AMERICA                           North America
NEWTON UNIV. GR0WTH FUND CONT. EURO*               Europe ex-U.K.
MERCURY OST NORTH AMERICA*                         North America
GARTMORE CAP. STRATEGY FUND CONT. EUR.*            Europe ex-U.K.
CB PORTFOLIO U.S. AKTIEN A                         U.S.
CMI GNF U.S. EQUITY INDEX TRACKER                  U.S.
SEB LUX EQUITY FUND-NORTH AMERICA                  North America
LION INTERACTION AMERIQUE                          North America
CGU PP AMERICAN GROWTH                             North America
CLARIDEN NORTH AMERICAN EQUITY                     North America
PUILAETCO QUALITY GLOBAL EQUITIES                  Global
AMEX WORLDFOLIO U.S. LARGE COMPANIES               U.S.
GOLDMAN SACHS EURO. SPECIALIST                     Euro sm. cos.
BNP EQUITY NORTH AMERICA AC1                       North America
SWISS LIFE PROTEUS U.K. EQUITY                     U.K.
BNP EQUITY U.K. AC1                                U.K.
INDOCAM MOSAIS U.K. EQUITY. PA                     U.K.


FUND                                     ASSETS         RETURNS!!
                                         MILLIONS OF    1 YEAR     5 YEAR
                                         U.S. DOLLARS   PERCENT    PERCENT

PUTNAM EMERGING INFO SCIENCE             $158           114.53     42.79
GRPE. INDOSUEZ MULTIMEDIA PORTF.         81             121.12     36.46
S-E-BANKEN FUND TEKNOLOGI                96             76.50      30.69
INVESCO GT TECHNOLOGY A                  277            70.13      30.69
MERCURY ST NORTH AMERICAN A *            1530           26.28      27.08
CICM COUNTRY BASKETS U.S.A. BASKET       202            26.46      24.91
DRESDNER RCM NORTH AMERICAN              98             26.69      24.73
UBAM U.S. EQUITY                         133            32.45      24.57
BARING IUF NORTH AMERICA                 385            23.97      24.39
NEWTON UNIV. GR0WTH FUND CONT. EURO*     473            15.25      24.17
MERCURY OST NORTH AMERICA*               75             28.67      23.87
GARTMORE CAP. STRATEGY FUND CONT. EUR.*  986            21.72      23.87
CB PORTFOLIO U.S. AKTIEN A               159            20.84      23.09
CMI GNF U.S. EQUITY INDEX TRACKER        208            21.09      23.02
SEB LUX EQUITY FUND-NORTH AMERICA        228            28.82      22.64
LION INTERACTION AMERIQUE                124            20.43      22.06
CGU PP AMERICAN GROWTH                   81             17.85      21.73
CLARIDEN NORTH AMERICAN EQUITY           165            19.22      21.36
PUILAETCO QUALITY GLOBAL EQUITIES        120            13.70      21.24
AMEX WORLDFOLIO U.S. LARGE COMPANIES     85             15.00      21.14
GOLDMAN SACHS EURO. SPECIALIST           274            13.30      20.85
BNP EQUITY NORTH AMERICA AC1             145            22.47      20.45
SWISS LIFE PROTEUS U.K. EQUITY           311            22.39      19.97
BNP EQUITY U.K. AC1                      164            18.90      19.91
INDOCAM MOSAIS U.K. EQUITY. PA           93             22.40      19.66


!!Through Oct. 1, 1999. Annualized, including price appreciation and 
reinvestment of dividends and capital gains

DATA: STANDARD & POOR'S MICROPAL, STANDARD & POOR'S FUND RESEARCH