TOP EIGHT MODEL PORTFOLIO JANUARY 1998

1. Brokerage & Investment Mgmt (FSLBX)

2. Banking (FSRBX)

3. Leisure (FDLSX)

4. Financial Services (FIDSX)

5. Home Finance (FSVLX)

6. Insurance (FSPCX)

7. Consumer Industries (FSCPX)

8. Air Transportation (FSAIX)

EXCHANGES FOR JANUARY 2, 1998

Sell Retailing (FSRPX),

buy Financial Services (FIDSX)

Sell Energy Service (FSESX),

buy Insurance (FSPCX)

Sell Telecommunications (FSTCX),

buy Air Transportation (FSAIX)