<PAGE> PAGE 1
000 A000000 06/30/1999
000 C000000 0001058704
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 PEAK TRENDS TRUST
001 B000000 811-08735
001 C000000 2128155120
002 A000000 C/O THE BANK OF NEW YORK, 101 BARCLAY ST
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10286
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
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
071 A000000 0
071 B000000 3757
071 C000000 45080
071 D000000 0
072 A000000 6
072 B000000 427
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 0
072 G000000 19
<PAGE> PAGE 2
072 H000000 0
074 N000000 39119
074 T000000 39119
075 A000000 0
075 B000000 45080
077 A000000 Y
SIGNATURE DONALD J. PUGLISI
TITLE MANAGING TRUSTEE
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited financial statements of the Trust as of June 30, 1999 and for the six
months ended June 30, 1999 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 74,428,232
<INVESTMENTS-AT-VALUE> 39,115,155
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 39,119,455
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 73,627,490
<SHARES-COMMON-STOCK> 5,300,000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 805,042
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (35,313,077)
<NET-ASSETS> 39,119,455
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 427,444
<OTHER-INCOME> 0
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 427,444
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> (8,596,208)
<NET-CHANGE-FROM-OPS> (8,168,764)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 163,492
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 3,588,908
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (11,921,164)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 47,263
<AVERAGE-NET-ASSETS> 45,080,037
<PER-SHARE-NAV-BEGIN> 9.63
<PER-SHARE-NII> 0.08
<PER-SHARE-GAIN-APPREC> (1.62)
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0.68
<PER-SHARE-NAV-END> 7.38
<EXPENSE-RATIO> 0
</TABLE>
