<PAGE> PAGE 1
000 A000000 03/31/2000
000 C000000 0001088315
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 HAMBRECHT & QUIST FUND TRUST
001 B000000 811-09383
001 C000000 4154393000
002 A000000 ONE BUSH STREET
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94104
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 H&Q IPO & EMERGING COMPANY FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
<PAGE> PAGE 2
007 C012800 28
007 C012900 29
007 C013000 30
008 A00AA01 HAMBRECHT & QUIST FUND MANAGEMENT, LLC
008 B00AA01 A
008 C00AA01 801-56722
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94104
008 A00AA02 SMYPHONY ASSET MANAGEMENT, LLC
008 B00AA02 S
008 C00AA02 801-52638
008 D01AA02 SAN FRANCISCO
008 D02AA02 CA
008 D03AA02 94104
010 A00AA01 PFPC INC.
010 C01AA01 WILMINGTON
010 C02AA01 DE
010 C03AA01 19809
011 A00AA01 CHASE SECURITIES, INC.
011 B00AA01 8-0000000
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10081
012 A00AA01 PFPC INC.
012 B00AA01 84-850000
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 PRICE WATERHOUSE COOPERS, LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
015 A00AA01 PFPC TRUST COMPANY
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 PA
015 C03AA01 19153
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 MORGAN STANLEY DEAN WITTER & CO
020 B000001 13-2655998
020 C000001 93
020 A000002 BEAR, STEARNS & CO. INC.
020 B000002 13-3299429
020 C000002 86
020 A000003 INSTINET CORPORATION
020 B000003 13-3443395
020 C000003 64
<PAGE> PAGE 3
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 51
020 A000005 ROBERTSON STEPHENS
020 B000005 13-0000000
020 C000005 45
020 A000006 MONTGOMERY SECURITIES
020 B000006 13-0000000
020 C000006 41
020 A000007 DEUTSCHE BANK SECURITIES, INC.
020 B000007 13-2730828
020 C000007 26
020 A000008 DONALDSON, LUFTKIN & JENRETTE SECURITIES CORP
020 B000008 13-2741729
020 C000008 19
020 A000009 THOMAS WELSEL PARTNERS
020 B000009 13-0000000
020 C000009 19
020 A000010 INVESTMENT TECHNOLOGY GROUP, INC.
020 B000010 13-0000000
020 C000010 17
021 000000 516
022 A000001 MORGAN (J.P.) SECURITIES INC.
022 B000001 13-3224016
022 C000001 224127
022 D000001 153110
022 A000002 ROBERTSON STEPHENS
022 C000002 85798
022 D000002 12087
022 A000003 BEAR, STEARNS & CO., INC.
022 B000003 13-3299429
022 C000003 22654
022 D000003 51784
022 A000004 MORGAN STANLEY DEAN WITTER & CO.
022 B000004 13-2655998
022 C000004 56382
022 D000004 7528
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005 57435
022 D000005 5233
022 A000006 THOMAS WEISEL PARTNERS
022 C000006 34922
022 D000006 1868
022 A000007 MONTGOMERY SECURITIES
022 C000007 16063
022 D000007 5693
022 A000008 DEUTSCHE BANK SECURITIES, INC.
022 B000008 13-2730828
022 C000008 17023
022 D000008 1719
<PAGE> PAGE 4
022 A000009 MERRILL LYNCH,PIERCE, FENNER & SMITH INC.
022 B000009 13-5674085
022 C000009 1892
022 D000009 12088
022 A000010 FRIEDMAN BILLINGS, RAMSEY & CO.
022 B000010 52-1630477
022 C000010 13136
022 D000010 175
023 C000000 529432
023 D000000 251285
024 00AA00 Y
025 A00AA01 GOLDMAN, SACHS & CO.
025 B00AA01 13-5108880
025 C00AA01 E
025 D00AA01 23
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 177510
028 A02AA00 0
028 A03AA00 0
028 A04AA00 0
028 B01AA00 111196
028 B02AA00 0
028 B03AA00 0
028 B04AA00 3243
028 C01AA00 187674
028 C02AA00 50
028 C03AA00 0
028 C04AA00 17366
028 D01AA00 46450
028 D02AA00 0
028 D03AA00 0
028 D04AA00 20650
028 E01AA00 68443
028 E02AA00 0
028 E03AA00 0
<PAGE> PAGE 5
028 E04AA00 11354
028 F01AA00 86938
028 F02AA00 0
028 F03AA00 0
028 F04AA00 54437
028 G01AA00 678211
028 G02AA00 50
028 G03AA00 0
028 G04AA00 107050
028 H00AA00 38111
029 00AA00 Y
030 A00AA00 669
030 B00AA00 5.50
030 C00AA00 0.00
031 A00AA00 669
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 Y
035 00AA00 35
036 A00AA00 N
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 0
042 B00AA00 0
042 C00AA00 100
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 710
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.650
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
<PAGE> PAGE 6
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
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 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
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 Y
060 B00AA00 Y
061 00AA00 5000
062 A00AA00 N
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
<PAGE> PAGE 7
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 Y
070 F02AA00 Y
070 G01AA00 Y
070 G02AA00 N
070 H01AA00 Y
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 Y
070 J02AA00 N
070 K01AA00 Y
070 K02AA00 Y
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 Y
070 N02AA00 N
070 O01AA00 Y
070 O02AA00 N
<PAGE> PAGE 8
070 P01AA00 N
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
071 A00AA00 817142
071 B00AA00 263514
071 C00AA00 487781
071 D00AA00 54
072 A00AA00 5
072 B00AA00 913
072 C00AA00 496
072 D00AA00 0
072 E00AA00 0
072 F00AA00 1590
072 G00AA00 210
072 H00AA00 0
072 I00AA00 321
072 J00AA00 40
072 K00AA00 0
072 L00AA00 7
072 M00AA00 8
072 N00AA00 62
072 O00AA00 0
072 P00AA00 0
072 Q00AA00 0
072 R00AA00 5
072 S00AA00 18
072 T00AA00 710
072 U00AA00 0
072 V00AA00 0
072 W00AA00 42
072 X00AA00 3013
072 Y00AA00 0
072 Z00AA00 -1604
072AA00AA00 75107
072BB00AA00 0
072CC01AA00 105285
072CC02AA00 0
072DD01AA00 4
072DD02AA00 5
072EE00AA00 42
073 A01AA00 0.0001
073 A02AA00 0.0001
073 B00AA00 0.0012
073 C00AA00 0.0000
074 A00AA00 0
074 B00AA00 0
074 C00AA00 0
074 D00AA00 0
<PAGE> PAGE 9
074 E00AA00 0
074 F00AA00 745284
074 G00AA00 0
074 H00AA00 0
074 I00AA00 0
074 J00AA00 31584
074 K00AA00 0
074 L00AA00 1540
074 M00AA00 77
074 N00AA00 778485
074 O00AA00 15560
074 P00AA00 0
074 Q00AA00 0
074 R01AA00 0
074 R02AA00 0
074 R03AA00 0
074 R04AA00 12977
074 S00AA00 0
074 T00AA00 749948
074 U01AA00 23262
074 U02AA00 23262
074 V01AA00 0.00
074 V02AA00 0.00
074 W00AA00 0.0000
074 X00AA00 36239
074 Y00AA00 0
075 A00AA00 0
075 B00AA00 553590
076 00AA00 0.00
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
SIGNATURE MARY JANE MALONEY
TITLE MANAGER
