<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 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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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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<S> <C>
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<SERIES>
<NUMBER> 01
<NAME> Marketvest Funds, Inc.
Marketvest Equity Fund
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> Marketvest Group of Funds
Marketvest Short-Term Bond Fund
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<PERIOD-END> Aug-31-1997
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<TABLE> <S> <C>
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<NAME> Marketvest Funds
Marketvest Intermediate U.S. Government Bond F
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