<PAGE> PAGE 1
000 B000000 12/31/94
000 C000000 703499
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 WRIGHT MANAGED EQUITY TRUST
001 B000000 811-3489
001 C000000 6174828260
002 A000000 24 FEDERAL ST.
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 WRIGHT QUALITY CORE EQUITIES FUND
007 C030100 N
007 C010200 2
007 C020200 WRIGHT SELECTED BLUE CHIP EQUITIES FUND
007 C030200 N
007 C010300 3
007 C020300 WRIGHT JUNIOR BLUE CHIP EQUITIES FUND
007 C030300 N
007 C010400 4
007 C020400 WRIGHT INTERNATIONAL BLUE CHIP EQUITIES FUND
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 WRIGHT INVESTORS' SERVICE
008 B00AA01 A
008 C00AA01 801-02501
008 D01AA01 BRIDGEPORT
008 D02AA01 CT
008 D03AA01 06604
010 A00AA01 EATON VANCE MANAGEMENT
010 B00AA01 801-15930
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
<PAGE> PAGE 2
011 A00AA01 WRIGHT INVESTORS' SERVICE DISTRIBUTORS, INC.
011 B00AA01 8-29579
011 C01AA01 BRIDGEPORT
011 C02AA01 CT
011 C03AA01 06604
012 A00AA01 THE SHAREHOLDER SERVICES GROUP, INC.
012 B00AA01 85-401761
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
013 A00AA01 DELOITTE & TOUCHE
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 WRIGHT INVESTORS' SERVICE DISTRIBUTORS, INC.
014 B00AA01 8-29579
015 A00AA01 INVESTORS BANK & TRUST
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E03AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 23
019 C00AA00 WRIGHTFUND
020 A000001 JEFFERIES & COMPANY INC
020 B000001 95-2622900
020 C000001 469
020 A000002 ARNHOLD AND S BLEICHROEDER INC
020 B000002 13-4959915
020 C000002 278
020 A000003 CANTOR FITZGERALD & CO INC
020 B000003 95-1786286
020 C000003 97
020 A000004 EDWARDS (AG) & SONS INC
020 B000004 43-0895447
020 C000004 80
020 A000005 BEAR STEARNS & CO INC
020 B000005 13-3299429
020 C000005 44
020 A000006 JONES & ASSOCIATES INC.
020 B000006 95-3583143
020 C000006 43
020 A000007 DEAN WITTER REYNOLDS INC
020 B000007 94-1671384
020 C000007 36
020 A000008 PAINE WEBBER INC
020 B000008 13-2638166
020 C000008 35
020 A000009 J BYRNE
<PAGE> PAGE 3
020 C000009 32
020 A000010 INTERSTATE SECURITIES CORP
020 B000010 56-0276690
020 C000010 27
021 000000 1287
022 A000001 AMERICAN EXPRESS CREDIT CORP
022 B000001 C/P
022 C000001 2328980
022 D000001 0
022 A000002 EXXON CREDIT CORP
022 B000002 C/P
022 C000002 1007420
022 D000002 0
022 A000003 GENERAL ELECTRIC CAPITAL CORP
022 B000003 C/P
022 C000003 486000
022 D000003 300
022 A000004 SMITH BARNEY INC
022 B000004 13-1912900
022 C000004 51906
022 D000004 14935
022 A000005 GOLDMAN SACHS & CO
022 B000005 13-5108880
022 C000005 55704
022 D000005 0
022 A000006 GRUNTAL & CO
022 B000006 13-3179859
022 C000006 23281
022 D000006 18408
022 A000007 HERZOG HEINE GEDULD INC
022 B000007 13-1955436
022 C000007 11354
022 D000007 8054
022 A000008 SHERWOOD SECURITIES CORP
022 B000008 13-2616318
022 C000008 6262
022 D000008 8243
022 A000009 EDWARDS (AG) & SONS INC
022 B000009 43-0895447
022 C000009 10985
022 D000009 0
022 A000010 JEFFERIES & CO INC
022 B000010 95-2622900
022 C000010 4211
022 D000010 6149
023 C000000 4016094
023 D000000 67734
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
<PAGE> PAGE 4
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
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 Y
041 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 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
<PAGE> PAGE 5
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 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
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 N
066 D00AA00 N
066 E00AA00 Y
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 FEDERAL INSURANCE CO.
080 B00AA00 NATIONAL UNION FIRE INSURANCE CO
080 C00AA00 40000
081 A00AA00 Y
081 B00AA00 224
082 A00AA00 Y
082 B00AA00 100
<PAGE> PAGE 6
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 269
028 A020100 0
028 A030100 0
028 A040100 1099
028 B010100 593
028 B020100 0
028 B030100 0
028 B040100 36109
028 C010100 2637
028 C020100 154
028 C030100 0
028 C040100 1064
028 D010100 1223
028 D020100 0
028 D030100 0
028 D040100 1110
028 E010100 1516
028 E020100 0
028 E030100 0
028 E040100 1453
028 F010100 1323
028 F020100 4463
028 F030100 0
028 F040100 3715
028 G010100 7561
028 G020100 4617
028 G030100 0
028 G040100 44551
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
<PAGE> PAGE 7
048 A010100 100000
048 A020100 0.450
048 B010100 150000
048 B020100 0.590
048 C010100 250000
048 C020100 0.570
048 D010100 500000
048 D020100 0.530
048 E010100 0
048 E020100 0.480
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
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 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 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 N
070 J020100 N
<PAGE> PAGE 8
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 38772
071 B000100 73899
071 C000100 71175
071 D000100 55
072 A000100 12
072 B000100 67
072 C000100 1741
072 D000100 0
072 E000100 0
072 F000100 333
072 G000100 148
072 H000100 0
072 I000100 14
072 J000100 32
072 K000100 0
072 L000100 2
072 M000100 2
072 N000100 12
072 O000100 0
072 P000100 5
072 Q000100 0
072 R000100 28
072 S000100 2
072 T000100 148
072 U000100 0
072 V000100 0
072 W000100 5
072 X000100 731
072 Y000100 0
072 Z000100 1077
072AA000100 9835
072BB000100 0
072CC010100 3683
072CC020100 0
072DD010100 880
<PAGE> PAGE 9
072DD020100 0
072EE000100 4488
073 A010100 0.1600
073 A020100 0.0000
073 B000100 1.0550
073 C000100 0.0000
074 A000100 1
074 B000100 0
074 C000100 3635
074 D000100 0
074 E000100 0
074 F000100 47359
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 121
074 M000100 0
074 N000100 51116
074 O000100 0
074 P000100 10
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 22
074 S000100 0
074 T000100 51084
074 U010100 4485
074 U020100 0
074 V010100 11.39
074 V020100 0.00
074 W000100 0.0000
074 X000100 217
074 Y000100 0
075 A000100 0
075 B000100 73114
076 000100 0.00
028 A010200 3138
028 A020200 0
028 A030200 0
028 A040200 3741
028 B010200 8309
028 B020200 0
028 B030200 0
028 B040200 3580
028 C010200 11262
028 C020200 422
028 C030200 0
028 C040200 3013
<PAGE> PAGE 10
028 D010200 6082
028 D020200 0
028 D030200 0
028 D040200 4977
028 E010200 4134
028 E020200 0
028 E030200 0
028 E040200 6678
028 F010200 4332
028 F020200 4677
028 F030200 0
028 F040200 10973
028 G010200 37259
028 G020200 5099
028 G030200 0
028 G040200 32962
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 100000
048 A020200 0.550
048 B010200 150000
048 B020200 0.690
048 C010200 250000
048 C020200 0.670
048 D010200 500000
048 D020200 0.630
048 E010200 0
048 E020200 0.580
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 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
055 A000200 N
055 B000200 N
056 000200 Y
<PAGE> PAGE 11
057 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 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 154613
071 B000200 130109
071 C000200 181882
071 D000200 72
072 A000200 12
072 B000200 408
072 C000200 4510
072 D000200 0
072 E000200 0
072 F000200 1169
072 G000200 254
072 H000200 0
072 I000200 22
072 J000200 58
<PAGE> PAGE 12
072 K000200 0
072 L000200 2
072 M000200 2
072 N000200 18
072 O000200 0
072 P000200 1
072 Q000200 0
072 R000200 25
072 S000200 3
072 T000200 379
072 U000200 0
072 V000200 0
072 W000200 12
072 X000200 1945
072 Y000200 0
072 Z000200 2973
072AA000200 9149
072BB000200 0
072CC010200 2039
072CC020200 0
072DD010200 2385
072DD020200 0
072EE000200 4787
073 A010200 0.1800
073 A020200 0.0000
073 B000200 0.3600
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 182325
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 4844
074 K000200 0
074 L000200 774
074 M000200 0
074 N000200 187943
074 O000200 0
074 P000200 15
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 1912
074 S000200 0
074 T000200 186016
074 U010200 13432
<PAGE> PAGE 13
074 U020200 0
074 V010200 13.85
074 V020200 0.00
074 W000200 0.0000
074 X000200 886
074 Y000200 0
075 A000200 0
075 B000200 189356
076 000200 0.00
028 A010300 643
028 A020300 0
028 A030300 0
028 A040300 2290
028 B010300 1365
028 B020300 0
028 B030300 0
028 B040300 1769
028 C010300 620
028 C020300 106
028 C030300 0
028 C040300 2010
028 D010300 448
028 D020300 0
028 D030300 0
028 D040300 10570
028 E010300 245
028 E020300 0
028 E030300 0
028 E040300 6449
028 F010300 456
028 F020300 1096
028 F030300 0
028 F040300 3664
028 G010300 3777
028 G020300 1203
028 G030300 0
028 G040300 26752
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 100000
048 A020300 0.550
048 B010300 150000
048 B020300 0.690
048 C010300 250000
048 C020300 0.670
048 D010300 500000
048 D020300 0.630
048 E010300 0
<PAGE> PAGE 14
048 E020300 0.580
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 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
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 Y
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
<PAGE> PAGE 15
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 20170
071 B000300 45167
071 C000300 56415
071 D000300 36
072 A000300 12
072 B000300 67
072 C000300 1106
072 D000300 0
072 E000300 0
072 F000300 322
072 G000300 117
072 H000300 0
072 I000300 12
072 J000300 28
072 K000300 0
072 L000300 3
072 M000300 2
072 N000300 11
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 24
072 S000300 2
072 T000300 117
072 U000300 0
072 V000300 0
072 W000300 6
072 X000300 644
072 Y000300 0
072 Z000300 529
072AA000300 6600
072BB000300 0
072CC010300 1734
072CC020300 0
072DD010300 488
072DD020300 0
072EE000300 2118
073 A010300 0.1000
073 A020300 0.0000
073 B000300 0.5200
073 C000300 0.0000
074 A000300 94
074 B000300 0
074 C000300 0
<PAGE> PAGE 16
074 D000300 0
074 E000300 0
074 F000300 35877
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 1354
074 K000300 0
074 L000300 88
074 M000300 0
074 N000300 37413
074 O000300 0
074 P000300 9
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 280
074 S000300 0
074 T000300 37124
074 U010300 3375
074 U020300 0
074 V010300 11.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 813
074 Y000300 0
075 A000300 0
075 B000300 58288
076 000300 0.00
028 A010400 5698
028 A020400 0
028 A030400 0
028 A040400 2176
028 B010400 11498
028 B020400 0
028 B030400 0
028 B040400 3228
028 C010400 15762
028 C020400 0
028 C030400 0
028 C040400 4024
028 D010400 14097
028 D020400 0
028 D030400 0
028 D040400 20547
028 E010400 0
028 E020400 4737
028 E030400 0
028 E040400 4182
028 F010400 4645
<PAGE> PAGE 17
028 F020400 592
028 F030400 0
028 F040400 6678
028 G010400 51700
028 G020400 5329
028 G030400 0
028 G040400 40835
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 100000
048 A020400 0.750
048 B010400 150000
048 B020400 0.790
048 C010400 250000
048 C020400 0.770
048 D010400 500000
048 D020400 0.730
048 E010400 0
048 E020400 0.680
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 Y
070 D020400 N
<PAGE> PAGE 18
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 126646
071 B000400 20828
071 C000400 174933
071 D000400 12
072 A000400 12
072 B000400 284
072 C000400 4384
072 D000400 0
072 E000400 -472
072 F000400 1394
072 G000400 249
072 H000400 0
072 I000400 23
072 J000400 269
072 K000400 0
072 L000400 5
072 M000400 2
072 N000400 34
072 O000400 0
072 P000400 2
072 Q000400 0
072 R000400 30
072 S000400 2
<PAGE> PAGE 19
072 T000400 363
072 U000400 0
072 V000400 0
072 W000400 2
072 X000400 2375
072 Y000400 0
072 Z000400 1821
072AA000400 238
072BB000400 0
072CC010400 15804
072CC020400 0
072DD010400 1468
072DD020400 0
072EE000400 0
073 A010400 0.1000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 74
074 B000400 0
074 C000400 2300
074 D000400 0
074 E000400 0
074 F000400 198138
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 765
074 M000400 0
074 N000400 201277
074 O000400 0
074 P000400 73
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 972
074 S000400 0
074 T000400 200232
074 U010400 15292
074 U020400 0
074 V010400 13.09
074 V020400 0.00
074 W000400 0.0000
074 X000400 1019
074 Y000400 0
075 A000400 0
075 B000400 179876
076 000400 0.00
<PAGE> PAGE 20
SIGNATURE WILLIAM J. AUSTIN, JR.
TITLE ASST. TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000703499
<NAME> THE WRIGHT MANAGED EQUITY TRUST
<SERIES>
<NUMBER> 1
<NAME> WRIGHT QUALITY CORE EQUITIES FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 47,310,674
<INVESTMENTS-AT-VALUE> 50,993,850
<RECEIVABLES> 121,426
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 787
<TOTAL-ASSETS> 51,116,063
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 31,407
<TOTAL-LIABILITIES> 31,407
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 47,208,714
<SHARES-COMMON-STOCK> 4,485,312
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 192,766
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,683,176
<NET-ASSETS> 51,084,656
<DIVIDEND-INCOME> 1,740,963
<INTEREST-INCOME> 67,255
<OTHER-INCOME> 0
<EXPENSES-NET> 731,411
<NET-INVESTMENT-INCOME> 1,076,807
<REALIZED-GAINS-CURRENT> 9,834,657
<APPREC-INCREASE-CURRENT> (11,332,016)
<NET-CHANGE-FROM-OPS> (420,552)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (879,992)
<DISTRIBUTIONS-OF-GAINS> (4,488,457)
<DISTRIBUTIONS-OTHER> (7,109)
<NUMBER-OF-SHARES-SOLD> 1,640,109
<NUMBER-OF-SHARES-REDEEMED> (4,547,757)
<SHARES-REINVESTED> 444,758
<NET-CHANGE-IN-ASSETS> (37,264,019)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 332,192
<INTEREST-EXPENSE> 5,450
<GROSS-EXPENSE> 731,411
<AVERAGE-NET-ASSETS> 73,113,711
<PER-SHARE-NAV-BEGIN> 12.72
<PER-SHARE-NII> 0.180
<PER-SHARE-GAIN-APPREC> (0.295)
<PER-SHARE-DIVIDEND> (0.160)
<PER-SHARE-DISTRIBUTIONS> (1.055)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.39
<EXPENSE-RATIO> 0.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000703499
<NAME> THE WRIGHT MANAGED EQUITY TRUST
<SERIES>
<NUMBER> 2
<NAME> WRIGHT SELECTED BLUE CHIP EQUITIES FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 180,285,908
<INVESTMENTS-AT-VALUE> 182,324,603
<RECEIVABLES> 5,617,652
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 471
<TOTAL-ASSETS> 187,942,726
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,926,935
<TOTAL-LIABILITIES> 1,926,935
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 178,381,517
<SHARES-COMMON-STOCK> 13,431,844
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2,009,226
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,586,353
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,038,695
<NET-ASSETS> 186,015,791
<DIVIDEND-INCOME> 4,510,245
<INTEREST-INCOME> 408,176
<OTHER-INCOME> 0
<EXPENSES-NET> 1,945,517
<NET-INVESTMENT-INCOME> 2,972,904
<REALIZED-GAINS-CURRENT> 9,148,808
<APPREC-INCREASE-CURRENT> (19,763,621)
<NET-CHANGE-FROM-OPS> (7,641,909)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,385,221)
<DISTRIBUTIONS-OF-GAINS> (4,787,377)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,636,130
<NUMBER-OF-SHARES-REDEEMED> (4,395,865)
<SHARES-REINVESTED> 429,746
<NET-CHANGE-IN-ASSETS> 10,534,676
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,169,165
<INTEREST-EXPENSE> 699
<GROSS-EXPENSE> 1,945,517
<AVERAGE-NET-ASSETS> 189,355,507
<PER-SHARE-NAV-BEGIN> 14.92
<PER-SHARE-NII> 0.233
<PER-SHARE-GAIN-APPREC> (0.763)
<PER-SHARE-DIVIDEND> (0.180)
<PER-SHARE-DISTRIBUTIONS> (0.360)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.85
<EXPENSE-RATIO> 1.03
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000703499
<NAME> THE WRIGHT MANAGED EQUITY TRUST
<SERIES>
<NUMBER> 3
<NAME> WRIGHT JUNIOR BLUE CHIP EQUITIES FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 34,143,838
<INVESTMENTS-AT-VALUE> 38,877,507
<RECEIVABLES> 1,441,511
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 94,335
<TOTAL-ASSETS> 37,413,353
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 289,313
<TOTAL-LIABILITIES> 289,313
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,253,969
<SHARES-COMMON-STOCK> 3,375,431
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 384,483
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,751,919
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,733,669
<NET-ASSETS> 37,124,040
<DIVIDEND-INCOME> 1,106,123
<INTEREST-INCOME> 67,273
<OTHER-INCOME> 0
<EXPENSES-NET> 644,075
<NET-INVESTMENT-INCOME> 529,321
<REALIZED-GAINS-CURRENT> 6,599,714
<APPREC-INCREASE-CURRENT> (8,816,947)
<NET-CHANGE-FROM-OPS> (1,687,912)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (488,244)
<DISTRIBUTIONS-OF-GAINS> (2,117,788)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 780,096
<NUMBER-OF-SHARES-REDEEMED> (3,315,481)
<SHARES-REINVESTED> 201,483
<NET-CHANGE-IN-ASSETS> (31,101,484)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 322,161
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 644,075
<AVERAGE-NET-ASSETS> 58,287,731
<PER-SHARE-NAV-BEGIN> 11.95
<PER-SHARE-NII> 0.101
<PER-SHARE-GAIN-APPREC> (0.431)
<PER-SHARE-DIVIDEND> (0.100)
<PER-SHARE-DISTRIBUTIONS> (0.520)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.00
<EXPENSE-RATIO> 1.11
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000703499
<NAME> THE WRIGHT MANAGED EQUITY TRUST
<SERIES>
<NUMBER> 4
<NAME> WRIGHT INTERNATIONAL BLUE CHIP EQUITIES FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 184,633,517
<INVESTMENTS-AT-VALUE> 200,437,485
<RECEIVABLES> 765,353
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 73,932
<TOTAL-ASSETS> 201,276,770
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,045,134
<TOTAL-LIABILITIES> 1,045,134
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 185,426,446
<SHARES-COMMON-STOCK> 15,292,340
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1,579,133
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,585,141)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,811,198
<NET-ASSETS> 200,231,636
<DIVIDEND-INCOME> 4,384,498
<INTEREST-INCOME> 283,955
<OTHER-INCOME> (471,753)
<EXPENSES-NET> 2,375,362
<NET-INVESTMENT-INCOME> 1,821,338
<REALIZED-GAINS-CURRENT> 238,478
<APPREC-INCREASE-CURRENT> (7,495,702)
<NET-CHANGE-FROM-OPS> (5,435,886)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,467,856)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,245,362
<NUMBER-OF-SHARES-REDEEMED> (4,503,339)
<SHARES-REINVESTED> 88,270
<NET-CHANGE-IN-ASSETS> 100,161,073
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,394,066
<INTEREST-EXPENSE> 2,040
<GROSS-EXPENSE> 2,375,362
<AVERAGE-NET-ASSETS> 179,875,902
<PER-SHARE-NAV-BEGIN> 13.41
<PER-SHARE-NII> 0.127
<PER-SHARE-GAIN-APPREC> (0.347)
<PER-SHARE-DIVIDEND> (0.100)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.09
<EXPENSE-RATIO> 1.31
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
