<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 0001029803
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 A
001 A000000 SCHRODER CAPTIAL FUNDS II
001 B000000 811-007993
001 C000000 8002909826
002 A000000 TWO PORTLAND SQUARE
002 B000000 PORTLAND
002 C000000 ME
002 D010000 04101
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 SCHRODER INTERNATIONAL BOND PORTFOLIO
007 C030100 N
008 A00AA01 SCHRODER CAPTIAL MANAGEMENT INTERNATIONAL INC
008 B00AA01 A
008 C00AA01 801-15843
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10019
010 A00AA01 SCHRODER FUND ADVISORS INC.
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10019
010 A00AA02 FORUM ADMINISTRATIVE SERVICES, LLC
010 C01AA02 PORTLAND
010 C02AA02 ME
010 C03AA02 04101
012 A00AA01 FORUM FINANCIAL CORPORATION
012 B00AA01 84-01612
012 C01AA01 PORTLAND
012 C02AA01 ME
012 C03AA01 04101
013 A00AA01 COOPERS & LYBRAND
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 SCHRODER CAPITAL DISTRIBUTORS INC
014 B00AA01 8-A-40973
014 A00AA02 WERTHEIM SCHRODER INC
<PAGE> PAGE 2
014 B00AA02 8-A-99999
015 A00AA01 CHASE MANHATTAN BANK, N.A.
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 11245
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 CHASE MANHATTAN
022 C000001 6653
022 D000001 8460
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 3949
022 D000002 3534
022 A000003 ROYAL BANK OF CANADA
022 C000003 3789
022 D000003 3567
022 A000004 BARCLAYS
022 B000004 13-3551367
022 C000004 2654
022 D000004 1056
022 A000005 DEUTSCHE MORGAN GRENFELL
022 C000005 2962
022 D000005 130
022 A000006 PARIBAS SECURITIES
022 B000006 13-3235334
022 C000006 3079
022 D000006 0
022 A000007 AUTRANET, INC.
022 B000007 13-2961507
022 C000007 1021
022 D000007 0
022 A000008 BANK OF MONTREAL
022 C000008 298
022 D000008 294
022 A000009 HSBC SECURITIES
022 B000009 13-2650272
<PAGE> PAGE 3
022 C000009 583
022 D000009 0
022 A000010 UBS SECURITIES, INC.
022 B000010 13-2932996
022 C000010 127
022 D000010 0
023 C000000 27014
023 D000000 17041
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A01AA00 0
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028 E01AA00 0
028 E02AA00 0
028 E03AA00 0
028 E04AA00 0
028 F01AA00 0
028 F02AA00 0
028 F03AA00 0
028 F04AA00 0
<PAGE> PAGE 4
028 G01AA00 0
028 G02AA00 0
028 G03AA00 0
028 G04AA00 0
028 H00AA00 0
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.500
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
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048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
<PAGE> PAGE 5
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 10000000
062 A00AA00 Y
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
<PAGE> PAGE 6
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 92.3
062 R00AA00 0.1
063 A00AA00 0
063 B00AA00 3.1
064 A00AA00 N
064 B00AA00 N
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 Y
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
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070 C01AA00 Y
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 Y
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 N
070 G01AA00 Y
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070 H02AA00 N
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070 J02AA00 N
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070 K02AA00 N
070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 Y
070 M02AA00 Y
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 Y
070 Q02AA00 N
070 R01AA00 Y
070 R02AA00 N
071 A00AA00 14312
071 B00AA00 4712
<PAGE> PAGE 7
071 C00AA00 7487
071 D00AA00 63
072 A00AA00 6
072 B00AA00 251
072 C00AA00 0
072 D00AA00 0
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072 F00AA00 20
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072 M00AA00 1
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072 P00AA00 0
072 Q00AA00 31
072 R00AA00 10
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072 U00AA00 1
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072 W00AA00 2
072 X00AA00 80
072 Y00AA00 49
072 Z00AA00 220
072AA00AA00 0
072BB00AA00 29
072CC01AA00 0
072CC02AA00 177
072DD01AA00 0
072DD02AA00 0
072EE00AA00 0
073 A01AA00 0.0000
073 A02AA00 0.0000
073 B00AA00 0.0000
073 C00AA00 0.0000
074 A00AA00 443
074 B00AA00 0
074 C00AA00 0
074 D00AA00 9240
074 E00AA00 0
074 F00AA00 0
074 G00AA00 0
074 H00AA00 0
074 I00AA00 11
074 J00AA00 0
074 K00AA00 0
074 L00AA00 342
<PAGE> PAGE 8
074 M00AA00 7
074 N00AA00 10043
074 O00AA00 0
074 P00AA00 0
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
074 R04AA00 29
074 S00AA00 0
074 T00AA00 10014
074 U01AA00 0
074 U02AA00 0
074 V01AA00 0.00
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 0
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 8200
076 00AA00 0.00
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
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086 E020000 0
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086 F020000 0
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<PAGE> PAGE 9
086 F02AA00 0
SIGNATURE ROBERT CAMPBELL
TITLE DIRECTOR
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
SCHRODER INTERNATIONAL BOND PORTFOLIO FINANCIAL STATEMENTS DATED JUNE 30,
1997, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 001
<NAME> SCHRODER INTERNATIONAL BOND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 9,553,006
<INVESTMENTS-AT-VALUE> 9,250,960
<RECEIVABLES> 342,044
<ASSETS-OTHER> 450,252
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10,043,256
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 29,215
<TOTAL-LIABILITIES> 29,215
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10,190,813
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (176,772)
<NET-ASSETS> 10,014,041
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 250,843
<OTHER-INCOME> 0
<EXPENSES-NET> 30,978
<NET-INVESTMENT-INCOME> 219,865
<REALIZED-GAINS-CURRENT> (29,152)
<APPREC-INCREASE-CURRENT> (176,772)
<NET-CHANGE-FROM-OPS> 13,941
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,000,000
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,013,941
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 20,330
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 79,790
<AVERAGE-NET-ASSETS> 8,199,505
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
