<PAGE>
PAGE 1
000 A000000 06/30/96
000 C000000 0000888227
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PEREGRINE ASIA PACIFIC GROWTH FUND
001 B000000 811-07425
001 C000000 2122932052
002 A000000 99 PARK AVE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10016
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 PEREGRINE ASSET MANAGEMENT (HONG KONG) LTD
008 B000001 A
008 C000001 801-7425
008 D010001 HONG KONG
008 D050001 HONG KONG
010 A000001 VAN ECK ASSOCIATES CORP
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10016
012 A000001 DST SYSTEMS INC.
012 B000001 84-1234
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
012 C040001 1892
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
<PAGE>
PAGE 2
014 A000001 PEREGRINE SECURITIES
014 B000001 8-1234
015 A000001 CHASE MANHATTAN BANK N.A.
015 B000001 C
015 C010001 BROOKLYN
015 C020001 NY
015 C030001 11245
015 E010001 X
018 000000 Y
019 A000000 N
019 B000000 0
020 A000001 JARDINE FLEMING
020 C000001 39
020 A000002 CREDIT LYONAISE
020 C000002 22
020 A000003 BARING
020 C000003 20
020 A000004 SASOON JM
020 C000004 17
020 A000005 PEREGRINE
020 C000005 15
020 A000006 SALOMON
020 C000006 5
020 A000007 HG ASIA LTD.
020 C000007 5
020 A000008 WI CARR (AMERICAN)
020 C000008 4
020 A000009 VICKERS BALLAS
020 C000009 4
020 A000010 JAMES CAPEL
020 C000010 4
021 000000 135
022 A000001 BARING SECURITIES
022 C000001 836
022 D000001 0
022 A000002 PEREGRINE SECURITIES
022 C000002 638
022 D000002 0
022 A000003 BEAR STEARNS
022 C000003 408
022 D000003 0
022 A000004 ING SECURITIES
022 C000004 378
022 D000004 0
022 A000005 JARDINE FLEMING
022 C000005 0
022 D000005 93
022 A000006 HG ASIA LTD
022 C000006 88
022 D000006 0
022 A000007 CHASE MANHATTAN
<PAGE>
PAGE 3
022 C000007 36
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 2385
023 D000000 93
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
027 000000 Y
028 A010000 17371
028 A020000 0
028 A030000 0
028 A040000 0
028 B010000 1815
028 B020000 0
028 B030000 0
028 B040000 0
028 C010000 1162
028 C020000 0
028 C030000 0
028 C040000 0
028 D010000 110
028 D020000 0
028 D030000 0
028 D040000 0
028 E010000 55
028 E020000 0
028 E030000 0
028 E040000 0
028 F010000 5
028 F020000 0
028 F030000 0
028 F040000 0
028 G010000 20518
028 G020000 0
028 G030000 0
028 G040000 0
028 H000000 0
029 000000 N
030 A000000 0
<PAGE>
PAGE 4
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 1.000
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
<PAGE>
PAGE 5
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 Y
054 N000000 N
054 O000000 Y
055 A000000 N
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 50000
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 C000000 Y
<PAGE>
PAGE 6
067 000000 N
068 A000000 N
068 B000000 Y
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 22594
071 B000000 5662
071 C000000 16155
071 D000000 35
072 A000000 6
072 B000000 127
072 C000000 203
072 D000000 0
072 E000000 0
072 F000000 99
072 G000000 37
<PAGE>
PAGE 7
072 H000000 0
072 I000000 15
072 J000000 4
072 K000000 0
072 L000000 5
072 M000000 11
072 N000000 18
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 20
072 S000000 0
072 T000000 0
072 U000000 11
072 V000000 0
072 W000000 2
072 X000000 222
072 Y000000 25
072 Z000000 133
072AA000000 203
072BB000000 11
072CC010000 802
072CC020000 0
072DD010000 0
072DD020000 0
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 3115
074 B000000 0
074 C000000 429
074 D000000 0
074 E000000 0
074 F000000 16237
074 G000000 0
074 H000000 0
074 I000000 1229
074 J000000 297
074 K000000 7
074 L000000 1019
074 M000000 103
074 N000000 22436
074 O000000 689
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 92
<PAGE>
PAGE 8
074 S000000 0
074 T000000 21655
074 U010000 1997
074 U020000 0
074 V010000 10.84
074 V020000 0.00
074 W000000 0.0000
074 X000000 15
074 Y000000 0
075 A000000 0
075 B000000 20216
076 000000 0.00
077 A000000 N
SIGNATURE JOE DIMAGGIO
TITLE CONTROLLER
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-02-1995
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 17,090,083
<INVESTMENTS-AT-VALUE> 17,894,519
<RECEIVABLES> 400,234
<ASSETS-OTHER> 4,140,965
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,435,718
<PAYABLE-FOR-SECURITIES> 689,242
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 91,622
<TOTAL-LIABILITIES> 780,864
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20,528,341
<SHARES-COMMON-STOCK> 1,997,479
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 121,700
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 203,058
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 801,755
<NET-ASSETS> 21,654,854
<DIVIDEND-INCOME> 202,632
<INTEREST-INCOME> 127,112
<OTHER-INCOME> 0
<EXPENSES-NET> 197,182
<NET-INVESTMENT-INCOME> 132,562
<REALIZED-GAINS-CURRENT> 192,014
<APPREC-INCREASE-CURRENT> 801,755
<NET-CHANGE-FROM-OPS> 1,126,513
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,987,479
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,987,479
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 98,591
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 222,407
<AVERAGE-NET-ASSETS> 20,046,836
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> 0.77
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.84
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>