Here's how the biggest offshore funds stacked up over the past year

FUND                                     ASSETS      BW          1999
                                      MILLIONS OF   RATING     TOTAL RET.*
                                      U.S. DOLLARS              PERCENT

ROBECO                                   7489         B          34.88
UBS (LUX.) EQUITY EURO. COUNTRIES        4288                    17.75
DEKALUX EUROPA                           2852                    13.78
ROLINCO                                  2679         C          32.58
FIDELITY FUNDS EURO. GROWTH              2091         B          22.63
LAZARD JAPAN                             1731         D          103.90
MERCURY ST NORTH AMERICAN A              1530         A          26.26
FLEMING FF AMERICAN                      1528         B+         7.18
FIDELITY FUNDS INTERNATIONAL             1442         B          46.93


FUND                                     ASSETS       BW         1999
                                      MILLIONS OF   RATING     TOTAL RET.*
                                      U.S. DOLLARS              PERCENT

CS EF (LUX.) EURO. BLUE CHIPS            1389         B          11.33
UNI DYNAMIC FUNDS EUROPA                 1286                    27.86
UBS (LUX.) EQUITY AUSTRALIA              1236         C-         26.00
DEKALUX DEUTSCHLAND                      1195                    4.55
BAER MULTISTOCK EUROPE STOCK A           1186         B          13.91
ABN AMRO EUROPE EQUITY                   1025                    10.01
GAM DIVERSITY                            1021         B+         18.36
GARTMORE CSF CONTINENTAL EUROPE          986          A          21.71
SANPAOLO INTL. FUND EQUITY ITALY         938          C-         9.97


*12 Months ended Oct. 1, 1999; includes price appreciation plus reinvestment 
of principal and capital gains

DATA: STANDARD & POOR'S MICROPAL