FIRST CHOICE FUNDS TRUST
NSAR-B, 1997-11-24
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<PAGE>      PAGE  1
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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SIGNATURE   NEIL FORREST                                 
TITLE       PRESIDENT           
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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   <NAME> FIRST CHOICE CASH RESERVE FUND - INST CLASS
       
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> FIRST CHOICE U.S. TREASURY RESERVE FUND - SERVICE CLASS
       
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> FIRST CHOICE U.S. TREASURY RESERVE FUND - INST CLASS
       
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