<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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024 000300 N
028 A010300 0
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<PAGE> PAGE 20
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037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 N
045 000300 Y
046 000300 N
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048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
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054 A000300 Y
054 B000300 Y
054 C000300 N
054 D000300 N
054 E000300 N
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<PAGE> PAGE 21
054 H000300 Y
054 I000300 N
054 J000300 Y
054 K000300 N
054 L000300 N
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054 N000300 Y
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055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
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062 D000300 0.0
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062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
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062 M000300 0.0
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062 O000300 0.0
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066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
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069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
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<PAGE> PAGE 22
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
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070 O020300 N
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070 P020300 N
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070 Q020300 N
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070 R020300 N
071 A000300 2451
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<PAGE> PAGE 23
072 Q000300 0
072 R000300 0
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<PAGE> PAGE 24
075 A000300 0
075 B000300 2000
076 000300 0.00
024 000400 N
028 A010400 0
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037 000400 N
038 000400 0
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<PAGE> PAGE 25
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050 000400 N
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<PAGE> PAGE 26
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066 A000400 Y
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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SIGNATURE RICHARD W. INGRAM
TITLE PRESIDENT
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<NAME> RCM EQUITY FUNDS
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