<PAGE> PAGE 1
000 B000000 12/31/1999
000 C000000 0000022828
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 CIGNA FUNDS GROUP
001 B000000 811-1646
001 C000000 8607263700
002 A000000 100 FRONT STREET
002 B000000 WORCESTER
002 C000000 MA
002 D010000 01601
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 CHARTER FUNDS(SM) MONEY MARKET FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C020400 CIGNA INCOME FUND
007 C030400 Y
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C020800 CHARTER FUNDS(SM) LARGE CO. STOCK INDEX FUND
007 C030800 N
007 C010900 9
007 C011000 10
008 A00AA01 TIMESSQUARE CAPITAL MANAGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-18094
008 D01AA01 HARTFORD
008 D02AA01 CT
008 D03AA01 06152
008 D04AA01 2210
011 A00AA01 CIGNA FINANCIAL SERVICES
011 B00AA01 8-49085
011 C01AA01 HARTFORD
011 C02AA01 CT
011 C03AA01 06115
011 C04AA01 0476
<PAGE> PAGE 2
012 A00AA01 STATE STREET BANK AND TRUST COMPANY
012 B00AA01 84-00896
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02107
013 A00AA01 PRICEWATERHOUSECOOPERS
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02107
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 INVESTMENT TECHONOLGY GROUP, INC.
020 B000001 95-4339369
020 C000001 2
020 A000002 CANTOR FITZGERALD & CO.
020 B000002 13-3680184
020 C000002 1
020 A000003 BEAR STEARNS SECURITIES
020 B000003 13-3299429
020 C000003 1
020 A000004 DEUTSCHE BANK SECURITIES
020 B000004 13-2730828
020 C000004 1
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 5
022 A000001 MORGAN (J.P.) SECURITIES INC.
022 B000001 13-3224016
022 C000001 1791116
022 D000001 0
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
022 C000002 1407370
022 D000002 0
022 A000003 LEHAMAN BROTHERS
022 B000003 13-2518466
022 C000003 1002626
022 D000003 0
022 A000004 MORGAN STANELY, DEAN WITTER, DISCOVER
022 B000004 36-3145972
<PAGE> PAGE 3
022 C000004 544171
022 D000004 0
022 A000005 CS FIRST BOSTON
022 B000005 13-5659485
022 C000005 499608
022 D000005 0
022 A000006 FIRST CHICAGO
022 B000006 36-3595942
022 C000006 379761
022 D000006 0
022 A000007 EXXON CORP.
022 B000007 13-5409005
022 C000007 249187
022 D000007 0
022 A000008 PRUDENTIAL SECURITIES
022 B000008 22-2347336
022 C000008 183216
022 D000008 0
022 A000009 BANKERS TRUST CO.
022 B000009 13-4941247
022 C000009 172598
022 D000009 0
022 A000010 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000010 13-5674085
022 C000010 146581
022 D000010 0
023 C000000 7747208
023 D000000 1706
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
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<PAGE> PAGE 4
039 00AA00 N
040 00AA00 Y
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 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 Y
054 N00AA00 Y
054 O00AA00 N
077 A000000 Y
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078 000000 N
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080 C00AA00 10000
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083 B00AA00 0
084 A00AA00 N
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<PAGE> PAGE 5
024 000100 N
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<PAGE> PAGE 6
048 000100 0.350
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055 A000100 Y
055 B000100 N
056 000100 Y
057 000100 N
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<PAGE> PAGE 7
063 B000100 0.0
064 A000100 N
066 A000100 N
067 000100 N
068 A000100 N
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070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
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071 A000100 0
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<PAGE> PAGE 8
072 E000100 0
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<PAGE> PAGE 9
074 R020100 0
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024 000400 N
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<PAGE> PAGE 10
028 G040400 1337
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055 A000400 N
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<PAGE> PAGE 11
062 E000400 0.0
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064 B000400 N
066 A000400 N
067 000400 N
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070 A020400 N
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070 B020400 N
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070 C020400 N
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070 D020400 N
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070 E020400 N
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070 F020400 N
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070 I020400 N
070 J010400 Y
070 J020400 N
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<PAGE> PAGE 12
070 O010400 Y
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
073 A020800 0.0000
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SIGNATURE ALFRED A. BINGHAM III
TITLE VP AND TREASURER
<PAGE>
EXHIBIT INDEX
-------------
27.1 FDS - CIGNA S&P 500 Index Fund.
27.4A FDS - CIGNA Money Market Fund - Institutional Class.
27.4B FDS - CIGNA Money Market Fund - Retail Class.
27.5 FDS - CIGNA Income Fund.
77B. Accountant's report on internal control
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT FOR THE YEAR ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 8
<NAME> CHARTER FUNDS(SM) LARGE COMPANY STOCK INDEX FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 254,168
<INVESTMENTS-AT-VALUE> 352,357
<RECEIVABLES> 296
<ASSETS-OTHER> 5
<OTHER-ITEMS-ASSETS> 9
<TOTAL-ASSETS> 352,667
<PAYABLE-FOR-SECURITIES> 101
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 149
<TOTAL-LIABILITIES> 250
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 253,261
<SHARES-COMMON-STOCK> 21,589
<SHARES-COMMON-PRIOR> 21,047
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 4
<ACCUMULATED-NET-GAINS> 628
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 98,532
<NET-ASSETS> 352,417
<DIVIDEND-INCOME> 3,898
<INTEREST-INCOME> 716
<OTHER-INCOME> 0
<EXPENSES-NET> 1,108
<NET-INVESTMENT-INCOME> 3,506
<REALIZED-GAINS-CURRENT> 4,049
<APPREC-INCREASE-CURRENT> 52,832
<NET-CHANGE-FROM-OPS> 60,387
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,723
<DISTRIBUTIONS-OF-GAINS> 3,114
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 51
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 491
<NET-CHANGE-IN-ASSETS> 61,152
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 884
<OVERDISTRIB-NII-PRIOR> 2
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 788
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,124
<AVERAGE-NET-ASSETS> 316,446
<PER-SHARE-NAV-BEGIN> 13.84
<PER-SHARE-NII> 0.17
<PER-SHARE-GAIN-APPREC> 2.68
<PER-SHARE-DIVIDEND> 0.22
<PER-SHARE-DISTRIBUTIONS> 0.15
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 16.32
<EXPENSE-RATIO> 0.35
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT FOR THE YEAR ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> CHARTER MONEY MARKET FUND - INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 302,402
<INVESTMENTS-AT-VALUE> 302,402
<RECEIVABLES> 763
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 43
<TOTAL-ASSETS> 303,208
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,319
<TOTAL-LIABILITIES> 1,319
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 301,889
<SHARES-COMMON-STOCK> 301,889
<SHARES-COMMON-PRIOR> 229,619
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 301,889
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,892
<OTHER-INCOME> 0
<EXPENSES-NET> 768
<NET-INVESTMENT-INCOME> 8,124
<REALIZED-GAINS-CURRENT> 1
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 8,125
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8,124
<DISTRIBUTIONS-OF-GAINS> 1
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,787,204
<NUMBER-OF-SHARES-REDEEMED> 1,846,945
<SHARES-REINVESTED> 8,356
<NET-CHANGE-IN-ASSETS> (51,385)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 601
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 924
<AVERAGE-NET-ASSETS> 194,976
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.05
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT FOR THE YEAR ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> CHARTER MONEY MARKET FUND - RETAIL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 302,402
<INVESTMENTS-AT-VALUE> 302,402
<RECEIVABLES> 763
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 43
<TOTAL-ASSETS> 303,208
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,319
<TOTAL-LIABILITIES> 1,319
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 301,889
<SHARES-COMMON-STOCK> 301,889
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 301,889
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 870
<OTHER-INCOME> 0
<EXPENSES-NET> 151
<NET-INVESTMENT-INCOME> 719
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 719
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 719
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 139,191
<NUMBER-OF-SHARES-REDEEMED> 15,836
<SHARES-REINVESTED> 300
<NET-CHANGE-IN-ASSETS> 123,655
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 55
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133
<AVERAGE-NET-ASSETS> 23,215
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.93
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ANNUAL
REPORT FOR THE YEAR ENDED DECEMBER 31, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 4
<NAME> CIGNA INCOME FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> DEC-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 1,322
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 60
<OTHER-INCOME> 0
<EXPENSES-NET> 10
<NET-INVESTMENT-INCOME> 50
<REALIZED-GAINS-CURRENT> (35)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 15
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 40
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 1,364
<SHARES-REINVESTED> 42
<NET-CHANGE-IN-ASSETS> (1,331,000)
<ACCUMULATED-NII-PRIOR> 2
<ACCUMULATED-GAINS-PRIOR> (2)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 34
<AVERAGE-NET-ASSETS> 972
<PER-SHARE-NAV-BEGIN> 1.01
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 1.01
</TABLE>
<PAGE>
Exhibit 77b
REPORT OF INDEPENDENT ACCOUNTANTS
To the Shareholders and Trustees of
CIGNA Funds Group
In planning and performing our audits of the financial statements CIGNA Funds
Group (the "Fund") for the year ended December 31, 1999, we considered its
internal control, including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of expressing our
opinion on the financial statements and to comply with the requirements of Form
N-SAR, not to provide assurance on internal control.
The management of the Fund is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud may occur
and not be detected. Also, projection of any evaluation of internal control to
future periods is subject to the risk that controls may become inadequate
because of changes in conditions or that the effectiveness of their design and
operation may deteriorate.
Our consideration of internal control would not necessarily disclose all matters
in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the
risk that misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may occur and not
be detected within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no matters involving
internal control and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above as of
December 31, 1999.
This report is intended solely for the information and use of management and
Trustees of CIGNA Funds Group and the Securities and Exchange Commission and is
not intended to be and should not be used by anyone other than these specified
parties.
February 18, 2000
