Performance of Top 10 International Equity Funds Managed by Banks

+++ Equity mutual funds, with assets of $25 million or more, ranked by the total return in the first quarter (dollar amounts in millions)

part 1 of 3

TOTAL RETURN THROUGH MARCH 31, 1996 (%)

Rank Fund Name Bank

1 Seven Seas Yield Plus Fund State Street Bank & Trust Co.

2 Pacifica Asset Preservation InstlFirst Interstate Bancorp

3 Benchmark Short Duration A Northern Trust Company (The)

4 One Group-Government ARM Fid Banc One Corporation

5 First American-Limited Term C First Bank, N.A.

6 Pillar Fd-Short Investment A United Jersey Bank

7 Norwest Advantage-Stable Income Norwest Bank Minnesota N.A.

8 Vista Short Term Bond Fund Chase Manhattan, N.A.

9 Armada Enhanced Income Inst National City Bank

10 Dreyfus Inst Sh-Term Treas A Mellon Bank, N.A.

11 Monitor Mortgage Secs Tr Huntington Bancshares

12 Portico Fds-Short Term Bond Inst Firstar Trust Company

13 Conestoga Short-Term Income InstlMeridian Bancorp, Inc.

14 Overland Express Variable Gov A Wells Fargo Bank, N.A.

15 Dreyfus Short-Term Income Fund Mellon Bank, N.A.

16 Portico Fds-Short Term Bond Ret Firstar Trust Company

17 Biltmore S/T Fixed Income Fund Wachovia

18 STI Classic Ltd-Trm Fed Mtg Tr SunTrust Banks, Inc.

19 Marshall Short-Term Income Marshall & Ilsley Bank

20 Nations Sh-Term Inc Tr A NationsBank Corporation

21 Woodward Short Bond Ret NBD Bank

22 Dreyfus GNMA Fund Mellon Bank, N.A.

23 DG Investor Series-Ltd Trm Govt Deposit Guaranty Bank

24 BayFunds Short Term Yield Inst Bay Banks, Inc.

25 Performance Fds-Short Govt Inst Trustmark National Bank

26 ValueStar Short-Interm Bd Inv First American Trust Company, Tennessee

27 Stepstone Lmt Maturity Inst Union Bank

28 Parkstone Govt Income Inst First of America

29 Victory Portf-Lmtd Term Income KeyCorp

30 Kent Fds-Short Term Bond Inst Old Kent Bank & Trust

31 CoreFund Interm Term Bond A CoreStates Bank

32 Benchmark Short Interm Bond A Northern Trust Company (The)

33 Compass Capital-Short Govt Bd SvcPNC Bank Corp

34 One Group-Ltd Volatility Fid Banc One Corporation

35 Dreyfus 100% UST Sh-Term Fund Mellon Bank, N.A.

36 Parkstone Govt Income A First of America

37 Sierra Tr Sh-Term High Quality A Great Western Financial

38 Dreyfus Sh-Interm Govt Mellon Bank, N.A.

39 FMB Intrm Govt Income Inst First Michigan Bank

40 Benchmark US Govt Securities A Northern Trust Company (The)

41 STI Classic Sh-Term Bond Tr SunTrust Banks, Inc.

42 Parkstone Limited Mat Inst First of America

43 Monitor Short-Interm Income Tr Huntington Bancshares

44 AmSouth-Limited Maturity Fund AmSouth Bank N.A

45 First American-Intermed Term C First Bank, N.A.

46 First Priority Ltd Mat Govt First Alabama Bank

47 Woodward Intermediate Bond NBD Bank

48 Inventor GNMA Sec A Integra Trust Company

49 Galaxy Short Term Bond Ret Fleet Financial Group

50 First American-Interm Govt Bd C First Bank N.A.

part 2 of 3

TOTAL RETURN THROUGH MARCH 31, 1996 (%)

Rank Fund Name Investment Objective Fund AssFirst Latest

12/31/95Quarter 1 Year

1 Seven Seas YieldCorporate Bond 1380.6 1.29 6.18

2 Pacifica Asset PCorporate Bond 29 1.26

3 Benchmark Short Corporate Bond 40.1 1.25 5.82

4 One Group-GovernGov't Mortgage-Backed 40.5 1.07 5.84

5 First American-LCorporate Bond 114.1 1.06 6.97

6 Pillar Fd-Short Corporate Bond 30.5 1.05 5.51

7 Norwest AdvantagGovernment Securities 50.8 0.97 6.75

8 Vista Short TermCorporate Bond 36.5 0.89 6.68

9 Armada Enhanced Corporate Bond 65.2 0.81 6.55

10 Dreyfus Inst Sh-Government Securities 188.4 0.62 7.73

11 Monitor MortgageGov't Mortgage-Backed 52.7 0.48 20.31

12 Portico Fds-ShorCorporate Bond 95.6 0.45 7.86

13 Conestoga Short-Corporate Bond 37.4 0.45

14 Overland ExpressGov't Mortgage-Backed 653.8 0.43 5.44

15 Dreyfus Short-TeCorporate Bond 199.1 0.4 9.07

16 Portico Fds-ShorCorporate Bond 47.9 0.4 7.59

17 Biltmore S/T FixCorporate Bond 124.4 0.39 6.74

18 STI Classic Ltd-Gov't Mortgage-Backed 49.6 0.33 8.14

19 Marshall Short-TGovernment Securities 87.3 0.33 6.76

20 Nations Sh-Term Corporate Bond 171 0.28 8.1

21 Woodward Short BCorporate Bond 163 0.28 7.22

22 Dreyfus GNMA FunGov't Mortgage-Backed1,445.10 0.28 10.64

23 DG Investor SeriGovernment Securities 92.1 0.27 6.83

24 BayFunds Short TCorporate Bond 40.2 0.27 5.99

25 Performance Fds-Government Securities 106 0.19 6.95

26 ValueStar Short-Corporate Bond 104.6 0.13 7.71

27 Stepstone Lmt MaGovernment Securities 34.6 0.06 6.09

28 Parkstone Govt IGov't Mortgage-Backed 22.4 0.06 9.83

29 Victory Portf-LmCorporate Bond 171 0 7.4

30 Kent Fds-Short TCorporate Bond 310.8 -0.01 7.12

31 CoreFund Interm Corporate Bond 56 -0.06 7.94

32 Benchmark Short Corporate Bond 157.5 -0.06 8.4

33 Compass Capital-Government Securities 49.7 -0.07 7.56

34 One Group-Ltd VoCorporate Bond 420 -0.09 7.88

35 Dreyfus 100% USTGovernment Securities 187.8 -0.1 7.53

36 Parkstone Govt IGov't Mortgage-Backed 53 -0.11 9.45

37 Sierra Tr Sh-TerCorporate Bond 33.6 -0.13 7.75

38 Dreyfus Sh-InterGovernment Securities 574.3 -0.17 8.51

39 FMB Intrm Govt IGovernment Securities 114.9 -0.2 8.3

40 Benchmark US GovGovernment Securities 59.5 -0.21 7.8

41 STI Classic Sh-TCorporate Bond 75.5 -0.23 8

42 Parkstone LimiteCorporate Bond 139.7 -0.23 7.6

43 Monitor Short-InCorporate Bond 133.9 -0.27 8.59

44 AmSouth-Limited Corporate Bond 63.1 -0.31 8.1

45 First American-ICorporate Bond 92.7 -0.39 9.31

46 First Priority LGovernment Securities 62.9 -0.42 7.21

47 Woodward IntermeCorporate Bond 403.4 -0.42 12.33

48 Inventor GNMA SeGovernment Securities 59.5 -0.42 9.99

49 Galaxy Short TerCorporate Bond 39.6 -0.45 7.76

50 First American-IGovernment Securities 108.9-.0.50 8.68

78.2 -1.44 8.94 4.78

277.4 -0.69 9.87 5.22

-2.34 10.93 6.03

part 3 of 3

TOTAL RETURN THROUGH MARCH 31, 1996 (%)

Rank Fund Name Latest Latest Latest

3 years*5 years*10 years*

1 Seven Seas Yield 4.82

2 Pacifica Asset Preservation Instl

3 Benchmark Short Duration A

4 One Group-Govern 4.3

5 First American-Limited Term C

6 Pillar Fd-Short 4.15

7 Norwest Advantage-Stable Income

8 Vista Short Term 4.72 5.61

9 Armada Enhanced Income Inst

10 Dreyfus Inst Sh-Term Treas A

11 Monitor Mortgage 1.84

12 Portico Fds-Shor 5.18 7.13

13 Conestoga Short-Term Income Instl

14 Overland Express 2.39 3.8

15 Dreyfus Short-Te 5.53

16 Portico Fds-Shor 5.07 7.06

17 Biltmore S/T Fixed Income Fund

18 STI Classic Ltd-Trm Fed Mtg Tr

19 Marshall Short-T 4.39

20 Nations Sh-Term 5.03

21 Woodward Short Bond Ret

22 Dreyfus GNMA Fun 5.28 7.36 7.55

23 DG Investor Seri 4.33

24 BayFunds Short Term Yield Inst

25 Performance Fds- 4.19

26 ValueStar Short-Interm Bd Inv

27 Stepstone Lmt Maturity Inst

28 Parkstone Govt I 5.8

29 Victory Portf-Lm 4.35 5.97

30 Kent Fds-Short T 4.53

31 CoreFund Interm 4.51

32 Benchmark Short 5.36

33 Compass Capital- 5.37

34 One Group-Ltd Vo 4.9 6.98

35 Dreyfus 100% UST 4.71 7.15

36 Parkstone Govt I 5.58

37 Sierra Tr Sh-Term High Quality A

38 Dreyfus Sh-Inter 4.98 7.37

39 FMB Intrm Govt I 4.76

40 Benchmark US Govt Securities A

41 STI Classic Sh-T 4.87

42 Parkstone Limite 4.51 6.53

43 Monitor Short-In 4.9 7.01

44 AmSouth-Limited 4.76 6.42

45 First American-Intermed Term C

46 First Priority Ltd Mat Govt

47 Woodward Interme 5.25

48 Inventor GNMA Sec A

49 Galaxy Short Ter 4.48

50 First American-Interm Govt Bd C

7.44 7.82

8.64 7.98

8.7 8.5 ===

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