E TRADE FUNDS
485BXT, 2000-01-26
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                                                     Registration Nos. 333-66807
                                                                       811-09093

    AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JANUARY 26, 2000

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM N-1A

REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933                                                       /X/
Pre-Effective Amendment No.                                                  / /
Post-Effective Amendment No. 14                                              /X/
and/or
REGISTRATION STATEMENT UNDER THE
INVESTMENT COMPANY ACT OF 1940                                               /X/
Amendment No. 17                                                             /X/
(Check appropriate box or boxes)

                                  E*TRADE FUNDS

               (Exact name of Registrant as specified in charter)

                               4500 Bohannon Drive
                              Menlo Park, CA 94025
                    (Address of Principal Executive Offices)

Registrant's Telephone Number, including Area Code: (650) 331-6000

                                 Kathy Levinson
                            E*TRADE Securities, Inc.
                               4500 Bohannon Drive
                              Menlo Park, CA 94025
                     (Name and address of agent for service)

                  Please send copies of all communications to:

David A. Vaughan, Esq.                                      Brian C. Murray
Dechert Price & Rhoads                                      E*TRADE Funds
1775 Eye Street, NW                                         4500 Bohannon Drive
Washington, DC  20006                                       Menlo Park, CA 94025

Approximate Date of Proposed Public Offering:  As soon as practicable  after the
effective date of this Registration Statement.

It is proposed that this filing will become effective (check appropriate box):

- ---------- Immediately upon filing pursuant to paragraph (b)
- ----X----- on February 4, 2000 pursuant to paragraph (b)
- ---------- 60 days after filing pursuant to paragraph (a)(1)
- ---------- 75 days after filing pursuant to paragraph (a)(2) of Rule 485

<PAGE>

If appropriate, check the following box:

           This  post-effective  amendment  designates a new effective  date for
- ----X----- previously filed post-effective amendments.

This Post-Effective  Amendment No. 14 to the Registration Statement on Form N-1A
for E*TRADE  Funds (the  "Fund")  incorporates  by reference  the  Prospectuses,
Statements of  Additional  Information  and Parts C contained in  Post-Effective
Amendment  No. 7, which was filed with the  Securities  and Exchange  Commission
("SEC") on October 8, 1999;  Post-Effective  Amendment  No. 11,  which was filed
with the SEC on December  20, 1999 to extend the  effective  date to January 17,
2000,  Post-Effective  Amendment No. 12, which was filed with the SEC on January
14, 2000 to extend the effective  date to January 24, 2000,  and  Post-Effective
Amendment No. 13, which was filed with the SEC on January 21, 2000 to extend the
effective date to January 27, 2000. This  Post-Effective  Amendment No. 14 seeks
to extend the effective date of this Registration Statement to February 4, 2000.

<PAGE>


                                   SIGNATURES

     Pursuant to the requirements of the Securities Act of 1933, as amended, the
Registrant  has  duly  caused  this  Post-Effective  Amendment  No.  14  to  the
Registration  Statement  to be signed on its  behalf  by the  undersigned,  duly
authorized, in the City of Menlo Park in the State of California on the 26th day
of January, 2000.

                                                     E*TRADE FUNDS
                                                     (Registrant)
                                                     By:      *
                                                          ----------------------
                                                          Name:  Brian C. Murray
                                                          Title: President

     Pursuant to the  requirements  of the  Securities  Act of 1933, as amended,
this  Post-Effective  Amendment  No. 14 to the  Registration  Statement has been
signed by the following persons in the capacities and on the dates indicated:

Signature                      Title                          Date
- ---------                      -----                          ----

*
- -----------------------
Leonard C. Purkis           Trustee and Treasurer             January 26, 2000
                            (Principal Financial and
                             Accounting Officer)

*
- -----------------------
Brian C. Murray             President (Principal              January 26, 2000
                            Executive Officer)

*
- -----------------------
Shelly J. Meyers            Trustee                           January 26, 2000


*
- -----------------------
Ashley T. Rabun             Trustee                           January 26, 2000


*
- -----------------------
Steven Grenadier            Trustee                           January 26, 2000


- -----------------------
George J. Rebhan            Trustee                           January __, 2000


*By /s/                                                       January 26, 2000
    -------------------
    David A. Vaughan
    Attorney-In-Fact



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