HAMBRECHT & QUIST FUND TRUST
NSAR-A, EX-27, 2000-05-30
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001088315
<NAME> HAMBRECHT & QUIST FUND TRUST
<SERIES>
   <NUMBER> 011
   <NAME> H & Q IPO & EMERGING COMPANY FUND - CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             OCT-29-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                        639999698
<INVESTMENTS-AT-VALUE>                       745284162
<RECEIVABLES>                                 33124651
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                           28537404
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     571210989
<SHARES-COMMON-STOCK>                          2806077
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (1612775)
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<NET-ASSETS>                                 749948115
<DIVIDEND-INCOME>                               495713
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (3012414)
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<NET-CHANGE-FROM-OPS>                        178787817
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2101)
<DISTRIBUTIONS-OF-GAINS>                        (2229)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        2998533
<NUMBER-OF-SHARES-REDEEMED>                   (192760)
<SHARES-REINVESTED>                                303
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<ACCUMULATED-NII-PRIOR>                              0
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<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                  (.03)
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<EXPENSE-RATIO>                                   1.15


</TABLE>


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