ACORN INVESTMENT TRUST
NSAR-A, 1998-08-26
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0000002110
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 ACORN INVESTMENT TRUST
001 B000000 811-1829
001 C000000 3126349200
002 A000000 227 W. MONROE SUITE 3000
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60606
002 D020000 5016
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 ACORN FUND
007 C030100 N
007 C010200  2
007 C020200 ACORN INTERNATIONAL
007 C030200 N
007 C010300  3
007 C020300 ACORN USA
007 C030300 N
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
<PAGE>      PAGE  2
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
<PAGE>      PAGE  3
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
008 A00AA01 WANGER ASSET MANAGEMENT LP
008 B00AA01 A
008 C00AA01 801-41391
008 D01AA01 CHICAGO
008 D02AA01 IL
008 D03AA01 60606
008 D04AA01 5016
011 A00AA01 WAM BROKERAGE SERVICES, L.L.C.
011 B00AA01 8-48510
011 C01AA01 CHICAGO
011 C02AA01 IL
011 C03AA01 60606
011 C04AA01 5016
012 A00AA01 STATE STREET BANK & TRUST CO BOSTON
012 B00AA01 85-05003
012 C01AA01 NORTH QUINCY
012 C02AA01 MA
012 C03AA01 02171
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60606
014 A00AA01 WAM BROKERAGE SERVICES, L.L.C.
014 B00AA01 8-48510
015 A00AA01 STATE STREET BANK & TRUST CO
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 CITIBANK,N.A., ARGENTINA - BUENOS AIRES
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 WESTPAC BANKING CORPORATION
015 B00AA03 S
015 C01AA03 SYDNEY
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 ERSTE BANK
015 B00AA04 S
015 C01AA04 VIENNA
015 D01AA04 AUSTRIA
<PAGE>      PAGE  4
015 E04AA04 X
015 A00AA05 STANDARD CHARTERED BANK
015 B00AA05 S
015 C01AA05 DHAKA
015 D01AA05 BANGLADESH
015 E04AA05 X
015 A00AA06 GENERALE BANK
015 B00AA06 S
015 C01AA06 BRUSSELS
015 D01AA06 BELGIUM
015 E04AA06 X
015 A00AA07 BARCLAY'S BANK OF BOTSWANA LIMITED
015 B00AA07 S
015 C01AA07 GABARONE
015 D01AA07 BOTSWANA
015 E04AA07 X
015 A00AA08 CITIBANK, N.A.
015 B00AA08 S
015 C01AA08 SAO PAULO
015 D01AA08 BRAZIL
015 E04AA08 X
015 A00AA09 CANADA TRUSTCO MORTGAGE COMPANY
015 B00AA09 S
015 C01AA09 TORONTO
015 D01AA09 CANADA
015 E04AA09 X
015 A00AA10 CITIBANK, N.A.,
015 B00AA10 S
015 C01AA10 SANTIAGO
015 D01AA10 CHILE
015 E04AA10 X
015 A00AA11 THE HONKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA11 S
015 C01AA11 SHANGHAI & SHENZHEN
015 D01AA11 CHINA
015 E04AA11 X
015 A00AA12 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B00AA12 S
015 C01AA12 BOGOTA
015 D01AA12 COLOMBIA
015 E04AA12 X
015 A00AA13 BARCLAYS BANK PLC
015 B00AA13 S
015 C01AA13 NICOSIA
015 D01AA13 CYPRUS
015 E04AA13 X
015 A00AA14 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B00AA14 S
015 C01AA14 PRAGUE
015 D01AA14 CZECH REPUBLIC
015 E04AA14 X
<PAGE>      PAGE  5
015 A00AA15 DEN DANSKE BANK
015 B00AA15 S
015 C01AA15 COPENHAGEN
015 D01AA15 DENMARK
015 E04AA15 X
015 A00AA16 CITIBANK, N.A.
015 B00AA16 S
015 C01AA16 QUITO
015 D01AA16 ECUADOR
015 E04AA16 X
015 A00AA17 NATIONAL BANK OF EGYPT
015 B00AA17 S
015 C01AA17 CAIRO
015 D01AA17 EGYPT
015 E04AA17 X
015 A00AA18 MERITA BANK LIMITED
015 B00AA18 S
015 C01AA18 HELSINKI
015 D01AA18 FINLAND
015 E04AA18 X
015 A00AA19 BANQUE PARIBAS
015 B00AA19 S
015 C01AA19 PARIS
015 D01AA19 FRANCE
015 E04AA19 X
015 A00AA20 DRESDNER BANK AG
015 B00AA20 S
015 C01AA20 FRANKFURT
015 D01AA20 GERMANY
015 E04AA20 X
015 A00AA21 BARCLAY'S BANK OF GHANA LIMITED
015 B00AA21 S
015 C01AA21 ACCRA
015 D01AA21 GHANA
015 E04AA21 X
015 A00AA22 NATIONAL BANK OF GREECE S.A.
015 B00AA22 S
015 C01AA22 ATHENS
015 D01AA22 GREECE
015 E04AA22 X
015 A00AA23 STANDARD CHARTERED BANK
015 B00AA23 S
015 C01AA23 HONG KONG
015 D01AA23 HONG KONG
015 E04AA23 X
015 A00AA24 CITIBANK BUDAPEST RT.
015 B00AA24 S
015 C01AA24 BUDAPEST
015 D01AA24 HUNGARY
015 E04AA24 X
015 A00AA25 THE HONKONG AND SHANGHAI BANKING CORP. LTD.
<PAGE>      PAGE  6
015 B00AA25 S
015 C01AA25 BOMBAY
015 D01AA25 INDIA
015 E04AA25 X
015 A00AA26 STANDARD CHARTERED BANK - JAKARTA
015 B00AA26 S
015 C01AA26 JAKARTA
015 D01AA26 INDONESIA
015 E04AA26 X
015 A00AA27 BANK OF IRELAND
015 B00AA27 S
015 C01AA27 DUBLIN
015 D01AA27 IRELAND
015 E04AA27 X
015 A00AA28 BANK HAPOALIM B.M.
015 B00AA28 S
015 C01AA28 TEL AVIV
015 D01AA28 ISRAEL
015 E04AA28 X
015 A00AA29 BANQUE PARIBAS
015 B00AA29 S
015 C01AA29 MILAN
015 D01AA29 ITALY
015 E04AA29 X
015 A00AA30 THE FUJI BANK LTD.
015 B00AA30 S
015 C01AA30 TOKYO
015 D01AA30 JAPAN
015 E04AA30 X
015 A00AA31 THE BRITISH BANK OF THE MIDDLE EAST
015 B00AA31 S
015 C01AA31 AMMAN
015 D01AA31 JORDAN
015 E04AA31 X
015 A00AA32 BARCLAY'S BANK OF KENYA LIMITED
015 B00AA32 S
015 C01AA32 NAIROBI
015 D01AA32 KENYA
015 E04AA32 X
015 A00AA33 SEOULBANK
015 B00AA33 S
015 C01AA33 SEOUL
015 D01AA33 KOREA
015 E04AA33 X
015 A00AA34 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B00AA34 S
015 C01AA34 KUALA LUMPUR
015 D01AA34 MALAYSIA
015 E04AA34 X
015 A00AA35 CITIBANK MEXICO, S.A.
015 B00AA35 S
<PAGE>      PAGE  7
015 C01AA35 MEXICO CITY
015 D01AA35 MEXICO
015 E04AA35 X
015 A00AA36 BANQUE COMMERCIALE DU MAROC - CASABLANCA
015 B00AA36 S
015 C01AA36 CASABLANCA
015 D01AA36 MOROCCO
015 E04AA36 X
015 A00AA37 MEESPIERSON N.V.
015 B00AA37 S
015 C01AA37 AMSTERDAM
015 D01AA37 NETHERLANDS
015 E04AA37 X
015 A00AA38 ANZ BANKING GROUP LIMITED
015 B00AA38 S
015 C01AA38 WELLINGTON
015 D01AA38 NEW ZEALAND
015 E04AA38 X
015 A00AA39 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA39 S
015 C01AA39 OSLO
015 D01AA39 NORWAY
015 E04AA39 X
015 A00AA40 DEUTSCHE BANK AG, PAKISTAN
015 B00AA40 S
015 C01AA40 KARACHI
015 D01AA40 PAKISTAN
015 E04AA40 X
015 A00AA41 CITIBANK, N.A. PERU
015 B00AA41 S
015 C01AA41 LIMA
015 D01AA41 PERU
015 E04AA41 X
015 A00AA42 STANDARD CHARTERED BANK
015 B00AA42 S
015 C01AA42 MANILA
015 D01AA42 PHILIPPINES
015 E04AA42 X
015 A00AA43 CITIBANK POLAND, S.A.
015 B00AA43 S
015 C01AA43 POLAND
015 D01AA43 POLAND
015 E04AA43 X
015 A00AA44 BANCO COMERCIAL PORTUGUES
015 B00AA44 S
015 C01AA44 LISBON
015 D01AA44 PORTUGAL
015 E04AA44 X
015 A00AA45 THE DEVELOPMENT BANK OF SINGAPORE LTD.
015 B00AA45 S
015 C01AA45 SINGAPORE
<PAGE>      PAGE  8
015 D01AA45 SINGAPORE
015 E04AA45 X
015 A00AA46 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B00AA46 S
015 C01AA46 JOHANNESBURG
015 D01AA46 SOUTH AFRICA
015 E04AA46 X
015 A00AA47 BANCO SANTANDER, S.A.
015 B00AA47 S
015 C01AA47 MADRID
015 D01AA47 SPAIN
015 E04AA47 X
015 A00AA48 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B00AA48 S
015 C01AA48 COLOMBO
015 D01AA48 SRI LANKA
015 E04AA48 X
015 A00AA49 BARCLAY'S BANK OF SWAZILAND LIMITED
015 B00AA49 S
015 C01AA49 MBABANE
015 D01AA49 SWAZILAND
015 E04AA49 X
015 A00AA50 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA50 S
015 C01AA50 STOCKHOLM
015 D01AA50 SWEDEN
015 E04AA50 X
015 A00AA51 UNION BANK OF SWITZERLAND
015 B00AA51 S
015 C01AA51 ZURICH
015 D01AA51 SWITZERLAND
015 E04AA51 X
015 A00AA52 CENTRAL TRUST OF CHINA- TAIPEI
015 B00AA52 S
015 C01AA52 TAIPEI
015 D01AA52 TAIWAN
015 E04AA52 X
015 A00AA53 STANDARD CHARTERED BANK - BANGKOK
015 B00AA53 S
015 C01AA53 BANGKOK
015 D01AA53 THAILAND
015 E04AA53 X
015 A00AA54 CITIBANK, N.A., TURKEY
015 B00AA54 S
015 C01AA54 ISTANBUL
015 D01AA54 TURKEY
015 E04AA54 X
015 A00AA55 STATE STREET BANK AND TRUST CO.-LONDON BRANCH
015 B00AA55 S
015 C01AA55 LONDON
015 D01AA55 UNITED KINGDOM
<PAGE>      PAGE  9
015 E04AA55 X
015 A00AA56 CITIBANK, N.A., URUGUAY
015 B00AA56 S
015 C01AA56 MONTEVIDEO
015 D01AA56 URUGUAY
015 E04AA56 X
015 A00AA57 CITIBANK, N.A., VENEZUELA
015 B00AA57 S
015 C01AA57 CARACAS
015 D01AA57 VENEZUELA
015 E04AA57 X
015 A00AA58 BARCLAY'S BANK OF ZAMBIA LIMITED
015 B00AA58 S
015 C01AA58 LUSAKA
015 D01AA58 ZAMBIA
015 E04AA58 X
015 A00AA59 BARCLAY'S BANK OF ZIMBABWE LIMITED
015 B00AA59 S
015 C01AA59 HARARE
015 D01AA59 ZIMBABWE
015 E04AA59 X
015 A00AA60 HONG KONG AND SHANGHAI BANKING CORP LTD
015 B00AA60 S
015 C01AA60 PORT LOIUS
015 D01AA60 MAURITIUS
015 E04AA60 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    3
019 C00AA00 ACORNFUNDS
020 A000001 BRIDGE TRADING COMPANY
020 B000001 43-1450530
020 C000001    357
020 A000002 MERRILL LYNCH
020 B000002 13-5674085
020 C000002    232
020 A000003 ROBERT FLEMING
020 B000003 13-3298866
020 C000003    150
020 A000004 GOLDMAN SACHS
020 B000004 13-5108880
020 C000004    149
020 A000005 SALOMON BROTHERS
020 B000005 13-3082694
020 C000005    133
020 A000006 INSTINET CORPORATION
020 B000006 13-3443395
020 C000006    124
020 A000007 HOENIG
020 B000007 13-2656060
020 C000007    117
<PAGE>      PAGE  10
020 A000008 BV CAPTIAL
020 B000008 UNKNOWN
020 C000008    108
020 A000009 ANZ MCCAUGHAN
020 B000009 UNKNOWN
020 C000009     90
020 A000010 DEUTSCHE MORGAN GRENFELL
020 B000010 13-2730828
020 C000010     84
021  000000     3660
022 A000001 J M LUMMIS
022 B000001 UNKNOWN
022 C000001    995301
022 D000001         0
022 A000002 COMMERCIAL CREDIT CORPORATION
022 B000002 52-088335
022 C000002    703953
022 D000002         0
022 A000003 WILLIAMS CAPITAL
022 B000003 13-3747879
022 C000003    658422
022 D000003         0
022 A000004 GE CAPITAL
022 B000004 UNKNOWN
022 C000004    611773
022 D000004         0
022 A000005 FORD MOTOR CREDIT COMPANY
022 B000005 38-0549190
022 C000005    436907
022 D000005         0
022 A000006 PRUDENTIAL FUNDING
022 B000006 UNKNOWN
022 C000006    435715
022 D000006         0
022 A000007 AMERICAN GENERAL FINANCE CORP
022 B000007 35-0416090
022 C000007    339091
022 D000007         0
022 A000008 GENERAL MOTORS ACCEPTANCE CORP
022 B000008 38-057251
022 C000008    328490
022 D000008         0
022 A000009 ASSOCIATES CORP
022 B000009 UNKNOWN
022 C000009    146357
022 D000009         0
022 A000010 DONALDSON LUFKIN & JENRETTE
022 B000010 13-2638130
022 C000010     10653
022 D000010     43346
023 C000000    4928953
<PAGE>      PAGE  11
023 D000000     247154
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
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
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
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
<PAGE>      PAGE  12
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     1000
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
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
077 A000000 N
078  000000 N
080 A00AA00 ICI MUTUAL
080 C00AA00     8000
081 A00AA00 Y
081 B00AA00   4
082 A00AA00 Y
082 B00AA00       50
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
024  000100 N
025 D000101       0
025 D000102       0
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100     43133
<PAGE>      PAGE  13
028 A020100         0
028 A030100         0
028 A040100     83684
028 B010100     42563
028 B020100         0
028 B030100         0
028 B040100     43073
028 C010100     48771
028 C020100         0
028 C030100         0
028 C040100     97939
028 D010100     51777
028 D020100         0
028 D030100         0
028 D040100     78195
028 E010100     40234
028 E020100         0
028 E030100         0
028 E040100     39412
028 F010100     44879
028 F020100     49163
028 F030100         0
028 F040100     58184
028 G010100    271357
028 G020100     49163
028 G030100         0
028 G040100    400487
028 H000100         0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.000
048 A010100   700000
048 A020100 0.750
048 B010100  1300000
048 B020100 0.700
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
<PAGE>      PAGE  14
048 J020100 0.000
048 K010100  2000000
048 K020100 0.650
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 N
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 Y
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
<PAGE>      PAGE  15
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100    473646
071 B000100    449198
071 C000100   3631009
071 D000100   12
072 A000100  6
072 B000100     6598
072 C000100    16308
072 D000100        0
072 E000100        0
072 F000100    13073
072 G000100      954
072 H000100        0
072 I000100      730
072 J000100      508
072 K000100        0
072 L000100      295
072 M000100       84
072 N000100       30
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       30
072 S000100       95
072 T000100        0
072 U000100        0
072 V000100        0
072 W000100       92
072 X000100    15891
072 Y000100        0
072 Z000100     7015
072AA000100   207694
072BB000100    34743
072CC010100   241698
072CC020100        0
072DD010100     6284
072DD020100        0
072EE000100    48180
073 A010100   0.0300
073 A020100   0.0000
073 B000100   0.2300
073 C000100   0.0000
074 A000100       51
074 B000100        0
074 C000100   173497
074 D000100    13079
074 E000100    13470
074 F000100  3769770
<PAGE>      PAGE  16
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100    15074
074 K000100        0
074 L000100     6938
074 M000100      143
074 N000100  3992022
074 O000100    21623
074 P000100        0
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     1709
074 S000100        0
074 T000100  3968690
074 U010100   212102
074 U020100        0
074 V010100    18.71
074 V020100     0.00
074 W000100   0.0000
074 X000100    57189
074 Y000100   173497
075 A000100        0
075 B000100  3863831
076  000100     0.00
024  000200 Y
025 A000201 KEMPEN & COMPANY
025 B000201 N/A
025 C000201 E
025 D000201   44907
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200     29608
028 A020200         0
028 A030200         0
028 A040200     80808
028 B010200     31129
028 B020200         0
028 B030200         0
028 B040200     55370
028 C010200     47388
028 C020200         0
028 C030200         0
028 C040200     59849
<PAGE>      PAGE  17
028 D010200     49521
028 D020200         0
028 D030200         0
028 D040200     49534
028 E010200     36803
028 E020200         0
028 E030200         0
028 E040200     34545
028 F010200     39884
028 F020200     33102
028 F030200         0
028 F040200     31899
028 G010200    234333
028 G020200     33102
028 G030200         0
028 G040200    312005
028 H000200         0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.000
048 A010200   100000
048 A020200 1.200
048 B010200   400000
048 B020200 0.950
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200   500000
048 K020200 0.750
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 N
066 A000200 Y
066 B000200 N
066 C000200 N
<PAGE>      PAGE  18
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 Y
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 Y
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200    304730
071 B000200    364062
071 C000200   1610179
071 D000200   19
072 A000200  6
072 B000200     3174
072 C000200    17546
<PAGE>      PAGE  19
072 D000200        0
072 E000200        0
072 F000200     7192
072 G000200      438
072 H000200        0
072 I000200      715
072 J000200     1024
072 K000200        0
072 L000200      270
072 M000200       53
072 N000200       32
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200       31
072 S000200       26
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200       24
072 X000200     9805
072 Y000200        0
072 Z000200    10915
072AA000200   103875
072BB000200    83844
072CC010200   287282
072CC020200        0
072DD010200    12611
072DD020200        0
072EE000200    22701
073 A010200   0.1500
073 A020200   0.0000
073 B000200   0.2700
073 C000200   0.0000
074 A000200     1600
074 B000200        0
074 C000200   176130
074 D000200     9112
074 E000200    26128
074 F000200  1626543
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200    25378
074 K000200        0
074 L000200     6415
074 M000200     1776
074 N000200  1873082
074 O000200     9760
074 P000200        0
074 Q000200        0
<PAGE>      PAGE  20
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2037
074 S000200        0
074 T000200  1861285
074 U010200    85629
074 U020200        0
074 V010200    21.74
074 V020200     0.00
074 W000200   0.0000
074 X000200    60455
074 Y000200   176130
075 A000200        0
075 B000200  1762077
076  000200     0.00
024  000300 N
025 D000301       0
025 D000302       0
025 D000303       0
025 D000304       0
025 D000305       0
025 D000306       0
025 D000307       0
025 D000308       0
028 A010300     15953
028 A020300         0
028 A030300         0
028 A040300      4649
028 B010300      9387
028 B020300         0
028 B030300         0
028 B040300      3499
028 C010300     26962
028 C020300         0
028 C030300         0
028 C040300      5752
028 D010300     20658
028 D020300         0
028 D030300         0
028 D040300      7050
028 E010300     23955
028 E020300         0
028 E030300         0
028 E040300     10957
028 F010300      9891
028 F020300      1491
028 F030300         0
028 F040300      4848
028 G010300    106806
028 G020300      1491
<PAGE>      PAGE  21
028 G030300         0
028 G040300     36755
028 H000300         0
045  000300 Y
046  000300 N
047  000300 Y
048  000300  0.000
048 A010300   200000
048 A020300 0.950
048 B010300        0
048 B020300 0.000
048 C010300        0
048 C020300 0.000
048 D010300        0
048 D020300 0.000
048 E010300        0
048 E020300 0.000
048 F010300        0
048 F020300 0.000
048 G010300        0
048 G020300 0.000
048 H010300        0
048 H020300 0.000
048 I010300        0
048 I020300 0.000
048 J010300        0
048 J020300 0.000
048 K010300   200000
048 K020300 0.900
049  000300 N
050  000300 N
051  000300 N
052  000300 N
053 A000300 N
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 Y
066 E000300 N
066 F000300 N
066 G000300 N
067  000300 N
068 A000300 N
068 B000300 N
069  000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
<PAGE>      PAGE  22
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300    117277
071 B000300     50161
071 C000300    223902
071 D000300   22
072 A000300  6
072 B000300      457
072 C000300      417
072 D000300        0
072 E000300        0
072 F000300     1114
072 G000300       59
072 H000300        0
072 I000300      131
072 J000300       17
072 K000300        0
072 L000300       51
072 M000300        3
072 N000300       18
072 O000300        0
072 P000300        0
072 Q000300        0
<PAGE>      PAGE  23
072 R000300       11
072 S000300        3
072 T000300        0
072 U000300       11
072 V000300        0
072 W000300        3
072 X000300     1421
072 Y000300        0
072 Z000300     -547
072AA000300    19729
072BB000300      411
072CC010300     9329
072CC020300        0
072DD010300        0
072DD020300        0
072EE000300     1640
073 A010300   0.0000
073 A020300   0.0000
073 B000300   0.1000
073 C000300   0.0000
074 A000300        0
074 B000300        0
074 C000300    20322
074 D000300        0
074 E000300        0
074 F000300   266264
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300      530
074 K000300        0
074 L000300      704
074 M000300       71
074 N000300   287891
074 O000300     4580
074 P000300       68
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      617
074 S000300        0
074 T000300   282626
074 U010300    16537
074 U020300        0
074 V010300    17.09
074 V020300     0.00
074 W000300   0.0000
074 X000300     8996
074 Y000300        0
075 A000300        0
<PAGE>      PAGE  24
075 B000300   238265
076  000300     0.00
SIGNATURE   BRUCE LAUER                                  
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The following information is extracted from and qualified by reference to
registrant's report on form N-SAR for the period ended June 30, 1998 and the
unaudited financial statements included in registrant's semi annual report to
shareholders.
</LEGEND>
<SERIES>
   <NUMBER> 01
   <NAME> ACORN FUND
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                          2238807
<INVESTMENTS-AT-VALUE>                         3969816
<RECEIVABLES>                                    22012
<ASSETS-OTHER>                                     126
<OTHER-ITEMS-ASSETS>                                68
<TOTAL-ASSETS>                                 3992022
<PAYABLE-FOR-SECURITIES>                         21623
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1709
<TOTAL-LIABILITIES>                              23332
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       2066902
<SHARES-COMMON-STOCK>                           212102
<SHARES-COMMON-PRIOR>                           216645
<ACCUMULATED-NII-CURRENT>                         1229
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         170974
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1729585
<NET-ASSETS>                                   3968690
<DIVIDEND-INCOME>                                16308
<INTEREST-INCOME>                                 6598
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   15891
<NET-INVESTMENT-INCOME>                           7015
<REALIZED-GAINS-CURRENT>                        172951
<APPREC-INCREASE-CURRENT>                       241698
<NET-CHANGE-FROM-OPS>                           421664
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         6284
<DISTRIBUTIONS-OF-GAINS>                         48180
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          14971
<NUMBER-OF-SHARES-REDEEMED>                      22218
<SHARES-REINVESTED>                               2704
<NET-CHANGE-IN-ASSETS>                          287233
<ACCUMULATED-NII-PRIOR>                            498
<ACCUMULATED-GAINS-PRIOR>                        47522
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            13073
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  15891
<AVERAGE-NET-ASSETS>                           3863831
<PER-SHARE-NAV-BEGIN>                            16.99
<PER-SHARE-NII>                                    .03
<PER-SHARE-GAIN-APPREC>                           1.95
<PER-SHARE-DIVIDEND>                               .03
<PER-SHARE-DISTRIBUTIONS>                          .23
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.71
<EXPENSE-RATIO>                                    .83
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The following information is extracted from and qualified by reference to
registrant's report on form N-SAR for the period ended June 30, 1998 and the
unaduited financial statements included in registrant's semi annual report  to
shareholders.
</LEGEND>
<SERIES>
   <NUMBER> 02
   <NAME> ACORN INTERNATIONAL
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                          1238941
<INVESTMENTS-AT-VALUE>                         1837913
<RECEIVABLES>                                    31793
<ASSETS-OTHER>                                    1636
<OTHER-ITEMS-ASSETS>                              1740
<TOTAL-ASSETS>                                 1873082
<PAYABLE-FOR-SECURITIES>                          9760
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2037
<TOTAL-LIABILITIES>                              11797
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       1261635
<SHARES-COMMON-STOCK>                            85629
<SHARES-COMMON-PRIOR>                            88273
<ACCUMULATED-NII-CURRENT>                         2290
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             40
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        597320
<NET-ASSETS>                                   1861285
<DIVIDEND-INCOME>                                17546
<INTEREST-INCOME>                                 3174
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    9805
<NET-INVESTMENT-INCOME>                          10915
<REALIZED-GAINS-CURRENT>                         20031
<APPREC-INCREASE-CURRENT>                       287282
<NET-CHANGE-FROM-OPS>                           318228
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        12611
<DISTRIBUTIONS-OF-GAINS>                         22701
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          11167
<NUMBER-OF-SHARES-REDEEMED>                      15351
<SHARES-REINVESTED>                               1540
<NET-CHANGE-IN-ASSETS>                          238346
<ACCUMULATED-NII-PRIOR>                           3986
<ACCUMULATED-GAINS-PRIOR>                        15568
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             7192
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   9805
<AVERAGE-NET-ASSETS>                           1762077
<PER-SHARE-NAV-BEGIN>                            18.39
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           3.64
<PER-SHARE-DIVIDEND>                               .15
<PER-SHARE-DISTRIBUTIONS>                          .27
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              21.74
<EXPENSE-RATIO>                                   1.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The following information is extracted from and qualified by reference to
registrant's report on form N-SAR for the period ended June 30, 1998 and the
unaudited financial statements included in registrant's semi annual report to
shareholders.
</LEGEND>
<SERIES>
   <NUMBER> 03
   <NAME> ACORN USA
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                           245890
<INVESTMENTS-AT-VALUE>                          286586
<RECEIVABLES>                                     1234
<ASSETS-OTHER>                                      71
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  287891
<PAYABLE-FOR-SECURITIES>                          4580
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          685
<TOTAL-LIABILITIES>                               5265
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        223219
<SHARES-COMMON-STOCK>                            16537
<SHARES-COMMON-PRIOR>                            12212
<ACCUMULATED-NII-CURRENT>                        (547)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          19259
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         40695
<NET-ASSETS>                                    282626
<DIVIDEND-INCOME>                                  417
<INTEREST-INCOME>                                  457
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1421
<NET-INVESTMENT-INCOME>                          (547)
<REALIZED-GAINS-CURRENT>                         19318
<APPREC-INCREASE-CURRENT>                         9329
<NET-CHANGE-FROM-OPS>                            28100
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                          1640
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           6461
<NUMBER-OF-SHARES-REDEEMED>                       2226
<SHARES-REINVESTED>                                 90
<NET-CHANGE-IN-ASSETS>                           98002
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         1581
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1114
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1424
<AVERAGE-NET-ASSETS>                            238265
<PER-SHARE-NAV-BEGIN>                            15.12
<PER-SHARE-NII>                                  (.04)
<PER-SHARE-GAIN-APPREC>                           2.11
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                          .10
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.09
<EXPENSE-RATIO>                                   1.20
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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