WRIGHT MANAGED EQUITY TRUST
NSAR-A, 1999-08-19
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<PAGE>      PAGE  1
000 A000000 06/30/1999
000 C000000 703499
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 WRIGHT MANAGED EQUITY TRUST
001 B000000 811-3489
001 C000000 6174828260
002 A000000 255 STATE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 WRIGHT MAJOR BLUE CHIP 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 02109
<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 FIRST DATA INVESTORS SERVICES GROUP, INC.
012 B00AA01 85-401761
012 C01AA01 WESTBOROUGH
012 C02AA01 MA
012 C03AA01 01581
012 C04AA01 5123
013 A00AA01 DELOITTE & TOUCHE L.L.P.
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 02116
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   22
019 C00AA00 WRIGHTFUND
020 A000001 EDWARDS (AG) & SONS INC
020 B000001 43-0895447
020 C000001     25
020 A000002 BEAR STEARNS & CO INC
020 B000002 13-3299429
020 C000002     13
020 A000003 DEAN WITTER REYNOLDS INC
020 B000003 94-1671384
020 C000003     12
020 A000004 CANTOR FITZGERALD & CO INC
020 B000004 95-1786286
020 C000004     10
020 A000005 TUCKER ANTHONY & RL DAY
020 B000005 04-2566229
020 C000005      7
020 A000006 JONES & ASSOCIATES INC
020 B000006 95-3583143
020 C000006      4
020 A000007 PRUDENTIAL SECURITIES INC
020 B000007 22-2347336
020 C000007      4
020 A000008 SHARPE
020 B000008 11-2811556
020 C000008      3
<PAGE>      PAGE  3
020 A000009 JEFFERIES & CO INC
020 B000009 95-2622900
020 C000009      2
020 A000010 SMITH BARNEY INC
020 B000010 13-1912900
020 C000010      1
021  000000       81
022 A000001 AMERICAN EXPRESS CREDIT CORP
022 B000001 C/P
022 C000001    367880
022 D000001         0
022 A000002 WRIGHT SELECTED BLUE CHIP EQUITIES PORT.
022 B000002 04-3364070
022 C000002     21985
022 D000002    108726
022 A000003 WRIGHT INTERNATIONAL BLUE CHIP EQUITIES PORT
022 B000003 04-3360472
022 C000003     36647
022 D000003     90506
022 A000004 GE CAPITAL CORP
022 C000004     81375
022 D000004         0
022 A000005 WRIGHT JUNIOR BLUE CHIP EQUITIES PORTFOLIO
022 B000005 04-3364071
022 C000005      7429
022 D000005     27786
022 A000006 HERZOG HEINE GEDULD INC
022 B000006 13-1955436
022 C000006      2213
022 D000006         0
022 A000007 JEFFERIES & CO INC
022 B000007 95-2622900
022 C000007      1345
022 D000007       732
022 A000008 SMITH BARNEY INC
022 B000008 13-1912900
022 C000008       975
022 D000008       823
022 A000009 JOSEPHTHAL LYON & ROSS
022 C000009      1688
022 D000009         0
022 A000010 JONES & ASSOCIATES INC
022 B000010 95-3583143
022 C000010       172
022 D000010       442
023 C000000     523145
023 D000000     229016
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
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042 E00AA00   0
042 F00AA00   0
042 G00AA00   0
042 H00AA00   0
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044  00AA00      0
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062 D00AA00   0.0
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<PAGE>      PAGE  5
062 K00AA00   0.0
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077 A000000 N
078  000000 N
080 A00AA00 FEDERAL INSURANCE CO
080 B00AA00 NATIONAL UNION FIRE INSURANCE CO
080 C00AA00    40000
081 A00AA00 Y
081 B00AA00 174
082 A00AA00 Y
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083 A00AA00 N
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<PAGE>      PAGE  6
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049  000100 N
050  000100 N
051  000100 N
052  000100 N
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054 C000100 N
054 D000100 N
054 E000100 N
<PAGE>      PAGE  7
054 F000100 N
054 G000100 Y
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100     1000
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 Y
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 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
070 K010100 N
<PAGE>      PAGE  8
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 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
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<PAGE>      PAGE  9
072EE000100        0
073 A010100   0.0250
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        2
074 B000100        0
074 C000100     2440
074 D000100        0
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074 F000100   107411
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074 L000100       88
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074 N000100   109941
074 O000100        0
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028 A010200      5670
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028 D010200      2492
<PAGE>      PAGE  10
028 D020200         0
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028 D040200     17689
028 E010200      6062
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028 E040200     10854
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028 F040200      9831
028 G010200     20667
028 G020200         0
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028 G040200     84595
028 H000200         0
045  000200 N
048  000200  0.000
048 A010200        0
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048 C010200        0
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048 I010200        0
048 I020200 0.000
048 J010200        0
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055 A000200 N
055 B000200 N
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 N
060 B000200 N
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066 A000200 N
067  000200 N
068 A000200 N
<PAGE>      PAGE  11
068 B000200 N
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 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 Y
070 K020200 Y
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
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<PAGE>      PAGE  12
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074 T000200   139815
<PAGE>      PAGE  13
074 U010200     7501
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<PAGE>      PAGE  14
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070 H020300 N
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070 I020300 N
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<PAGE>      PAGE  15
070 N010300 Y
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
070 B020400 N
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070 E020400 N
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070 H020400 N
070 I010400 N
070 I020400 N
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070 J020400 N
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070 K020400 Y
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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SIGNATURE   WILLIAM J. AUSTIN, JR.
TITLE       ASST. TREASURER



<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 001
   <NAME> WRIGHT MAJOR BLUE CHIP EQUITIES FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                       88,787,751
<INVESTMENTS-AT-VALUE>                     109,850,621
<RECEIVABLES>                                   88,066
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             2,317
<TOTAL-ASSETS>                             109,941,004
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       22,172
<TOTAL-LIABILITIES>                             22,172
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    86,129,199
<SHARES-COMMON-STOCK>                        7,077,073
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (214,396)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,941,159
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    21,062,870
<NET-ASSETS>                               109,918,832
<DIVIDEND-INCOME>                              541,313
<INTEREST-INCOME>                               84,391
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 458,167
<NET-INVESTMENT-INCOME>                        167,537
<REALIZED-GAINS-CURRENT>                     2,958,430
<APPREC-INCREASE-CURRENT>                    9,126,705
<NET-CHANGE-FROM-OPS>                       12,252,672
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      169,448
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      4,760,136
<NUMBER-OF-SHARES-REDEEMED>                  1,415,667
<SHARES-REINVESTED>                              9,628
<NET-CHANGE-IN-ASSETS>                      59,040,366
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          198,961
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                506,124
<AVERAGE-NET-ASSETS>                        88,171,146
<PER-SHARE-NAV-BEGIN>                            13.67
<PER-SHARE-NII>                                  0.052
<PER-SHARE-GAIN-APPREC>                          1.833
<PER-SHARE-DIVIDEND>                           (0.025)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.53
<EXPENSE-RATIO>                                   1.06


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 002
   <NAME> WRIGHT SELECTED BLUE CHIP EQUITIES FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                      101,572,989
<INVESTMENTS-AT-VALUE>                     140,080,875
<RECEIVABLES>                                   13,900
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             140,094,775
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      279,339
<TOTAL-LIABILITIES>                            279,339
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    79,071,037
<SHARES-COMMON-STOCK>                        7,500,647
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      922,994
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     21,313,519
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    38,507,886
<NET-ASSETS>                               139,815,436
<DIVIDEND-INCOME>                            1,264,124
<INTEREST-INCOME>                               35,446
<OTHER-INCOME>                               (710,079)
<EXPENSES-NET>                                 246,617
<NET-INVESTMENT-INCOME>                        342,874
<REALIZED-GAINS-CURRENT>                    21,681,441
<APPREC-INCREASE-CURRENT>                 (17,105,508)
<NET-CHANGE-FROM-OPS>                        4,918,807
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      344,260
<DISTRIBUTIONS-OF-GAINS>                           637
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,215,329
<NUMBER-OF-SHARES-REDEEMED>                  6,249,533
<SHARES-REINVESTED>                              4,627
<NET-CHANGE-IN-ASSETS>                    (81,149,131)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                306,248
<AVERAGE-NET-ASSETS>                       169,092,125
<PER-SHARE-NAV-BEGIN>                            17.63
<PER-SHARE-NII>                                  0.089
<PER-SHARE-GAIN-APPREC>                          0.961
<PER-SHARE-DIVIDEND>                           (0.040)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.64
<EXPENSE-RATIO>                                   1.15


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 003
   <NAME> WRIGHT JUNIOR BLUE CHIP EQUITIES FUND

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                       17,464,036
<INVESTMENTS-AT-VALUE>                      18,019,147
<RECEIVABLES>                                   27,980
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              18,047,127
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       14,310
<TOTAL-LIABILITIES>                             14,310
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    18,135,548
<SHARES-COMMON-STOCK>                        1,786,563
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (366,452)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (291,390)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       555,111
<NET-ASSETS>                                18,032,817
<DIVIDEND-INCOME>                              134,314
<INTEREST-INCOME>                                6,724
<OTHER-INCOME>                               (117,443)
<EXPENSES-NET>                                  20,177
<NET-INVESTMENT-INCOME>                          3,418
<REALIZED-GAINS-CURRENT>                     (291,390)
<APPREC-INCREASE-CURRENT>                    (875,499)
<NET-CHANGE-FROM-OPS>                      (1,163,471)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        187,257
<NUMBER-OF-SHARES-REDEEMED>                  1,879,856
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (16,483,842)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 69,884
<AVERAGE-NET-ASSETS>                        23,671,641
<PER-SHARE-NAV-BEGIN>                             9.92
<PER-SHARE-NII>                                  0.001
<PER-SHARE-GAIN-APPREC>                          0.169
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.09
<EXPENSE-RATIO>                                   1.19


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 004
   <NAME> WRIGHT INTERNATIONAL BLUE CHIP EQUITIES FD - STANDARD SHS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                      135,972,417
<INVESTMENTS-AT-VALUE>                     152,794,629
<RECEIVABLES>                                    6,277
<ASSETS-OTHER>                                       9
<OTHER-ITEMS-ASSETS>                                 9
<TOTAL-ASSETS>                             152,800,906
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       47,979
<TOTAL-LIABILITIES>                             47,979
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   113,757,272
<SHARES-COMMON-STOCK>                        8,516,377
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (227,053)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,447,550
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,775,158
<NET-ASSETS>                               134,605,363
<DIVIDEND-INCOME>                            1,993,619
<INTEREST-INCOME>                               58,905
<OTHER-INCOME>                             (1,245,543)
<EXPENSES-NET>                                 331,214
<NET-INVESTMENT-INCOME>                        475,767
<REALIZED-GAINS-CURRENT>                    23,789,884
<APPREC-INCREASE-CURRENT>                 (24,957,028)
<NET-CHANGE-FROM-OPS>                        (691,377)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     3,172,920
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,726,406
<NUMBER-OF-SHARES-REDEEMED>                  6,444,593
<SHARES-REINVESTED>                            169,178
<NET-CHANGE-IN-ASSETS>                    (59,084,408)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                331,214
<AVERAGE-NET-ASSETS>                       164,056,970
<PER-SHARE-NAV-BEGIN>                            16.02
<PER-SHARE-NII>                                  0.021
<PER-SHARE-GAIN-APPREC>                          0.056
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (0.287)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.81
<EXPENSE-RATIO>                                   1.52


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 004
   <NAME> WRIGHT INTERNATIONAL BLUE CHIP EQUITIES FUND - INDIVIDUAL SH

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-1999
<INVESTMENTS-AT-COST>                      135,972,417
<INVESTMENTS-AT-VALUE>                     152,794,629
<RECEIVABLES>                                    6,277
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             152,800,906
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       47,979
<TOTAL-LIABILITIES>                             47,979
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   113,757,272
<SHARES-COMMON-STOCK>                        2,132,371
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (227,053)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,447,550
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,775,158
<NET-ASSETS>                                18,147,564
<DIVIDEND-INCOME>                            1,993,619
<INTEREST-INCOME>                               58,905
<OTHER-INCOME>                            (1,2425,543)
<EXPENSES-NET>                                 331,214
<NET-INVESTMENT-INCOME>                        475,767
<REALIZED-GAINS-CURRENT>                    23,789,884
<APPREC-INCREASE-CURRENT>                 (24,957,028)
<NET-CHANGE-FROM-OPS>                        (691,377)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                       602,849
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         73,518
<NUMBER-OF-SHARES-REDEEMED>                     55,918
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (59,084,408)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                331,214
<AVERAGE-NET-ASSETS>                        17,852,954
<PER-SHARE-NAV-BEGIN>                             8.75
<PER-SHARE-NII>                                  0.033
<PER-SHARE-GAIN-APPREC>                          0.014
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                      (0.287)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.51
<EXPENSE-RATIO>                                   1.35


</TABLE>


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