<PAGE> PAGE 1
000 B000000 12/31/97
000 C000000 0000719211
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 NEW ENGLAND ZENITH FUND
001 B000000 811-3728
001 C000000 6172676600
002 A000000 399 BOYLSTON STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 14
007 C010100 1
007 C020100 BACK BAY ADVISORS BOND INCOME SERIES
007 C030100 N
007 C010200 2
007 C020200 CAPITAL GROWTH SERIES
007 C030200 N
007 C010300 3
007 C020300 BACK BAY ADVISORS MONEY MARKET SERIES
007 C030300 N
007 C010400 4
007 C020400 WESTPEAK STOCK INDEX SERIES
007 C030400 N
007 C010500 5
007 C020500 BACK BAY ADVISORS MANAGED SERIES
007 C030500 N
007 C010600 6
007 C020600 LOOMIS SAYLES AVANTI GROWTH SERIES
007 C030600 N
007 C010700 7
007 C020700 WESTPEAK GROWTH & INCOME SERIES
007 C030700 N
007 C010800 8
007 C020800 LOOMIS SAYLES SMALL CAP SERIES
007 C030800 N
007 C010900 9
007 C020900 LOOMIS SAYLES BALANCED SERIES
007 C030900 N
007 C011000 10
007 C021000 MORGAN STANLEY MAGNUM INTL EQUITY SERIES
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C021100 SALOMON BROTHERS U.S. GOVERNMENT SERIES
007 C031100 N
007 C011200 12
007 C021200 SALOMON BROTHERS STRATEGIC BOND OPP SERIES
007 C031200 N
007 C011300 13
007 C021300 DAVIS VENTURE VALUE SERIES
007 C031300 N
007 C011400 14
007 C021400 ALGER EQUITY GROWTH SERIES
007 C031400 N
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
049 000800 N
050 000800 N
051 000800 N
<PAGE> PAGE 3
052 000800 N
053 A000800 Y
053 B000800 Y
053 C000800 N
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 Y
053 B001000 Y
053 C001000 N
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 Y
053 B001100 Y
053 C001100 N
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
049 001300 N
050 001300 N
051 001300 N
052 001300 N
053 A001300 N
049 001400 N
050 001400 N
051 001400 N
052 001400 N
053 A001400 N
SIGNATURE PAUL MCCLINTOCK
TITLE AVP FUND ADMIN
INDEPENDENT AUDITORS REPORT
To the Shareholders and Board of Trustees of
New England Zenith Fund:
In planning and performing our audit of the financial statements
of New England Zenith Fund ( the Fund )including the Back Bay
Advisors Bond Income Series, Capital Growth Series, Back Bay
Advisors Money Market Series,Westpeak Stock Index Series,
Back Bay Managed Series, Loomis Sayles Avanti Growth Series,
Westpeak Growth & Income Series, Loomis Sayles Small Cap
Series, Loomis Sayles Balanced Series, Morgan Stanley
International Magnum Equity Series (formerly the Draycott
International Equity Series), Salomon Brothers U.S.
Government Series, Salomon Brothers Strategic Bond Opportunities
Series, Davis Venture Value Series, and AlgerEquity Growth
Series) for the year ended December 31, 1997 (on which we have
issued our report dated February 10, 1998), 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,
and not to provide assurance on the Funds 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 entitys 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 any 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 it may become inadequate
because of changes in conditions or that the effectiveness
of the design and operation may deteriorate.
Our consideration of the Funds 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
errors 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 nomal
course of performing their assignedfunctions. However, we
noted no matters involving the Funds internal control and
its operation, including controls for safeguarding securities,
that we consider to be material weaknesses as defined above
as of December 31, 1997.
This report is intended solely for the information and use
of management,the Board of Trustees of New England Zenith Fund,
and the Securities and Exchange Commission.
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<INTEREST-INCOME> 13,994,029
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<NET-INVESTMENT-INCOME> 13,029,862
<REALIZED-GAINS-CURRENT> 1,604,656
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<NET-INVESTMENT-INCOME> 6,977,596
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<DISTRIBUTIONS-OF-GAINS> 339,035,607
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<PERIOD-END> DEC-31-1997
<INVESTMENTS-AT-COST> 109,819,559
<INVESTMENTS-AT-VALUE> 109,819,559
<RECEIVABLES> 2,333,557
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<SHARES-COMMON-PRIOR> 1,1997,230
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<PER-SHARE-NAV-BEGIN> 100.00
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<INVESTMENTS-AT-COST> 72,783,354
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<DIVIDEND-INCOME> 1,828,124
<INTEREST-INCOME> 64,871
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<EXPENSES-NET> 418,235
<NET-INVESTMENT-INCOME> 1,474,760
<REALIZED-GAINS-CURRENT> 327,190
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<NUMBER-OF-SHARES-SOLD> 294,863
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<SHARES-REINVESTED> 13,767
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</TABLE>
<TABLE> <S> <C>
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<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
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<NUMBER> 009
<NAME> ZENITH SMALL CAP FUND
<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 010
<NAME> ZENITH BALANCED FUND
<S> <C>
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<PERIOD-END> DEC-31-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 011
<NAME> ZENITH INTERNATIONAL EQUITY FUND
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 012
<NAME> ZENITH SALOMON U.S. GOVT FUND
<S> <C>
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<PERIOD-END> DEC-31-1997
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 013
<NAME> ZENITH STRATEGIC BOND OPPORTUNITIES FUND
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 014
<NAME> ZENITH VENTURE VALUE FUND
<S> <C>
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000719211
<NAME> NEW ENGLAND ZENITH FUNDS
<SERIES>
<NUMBER> 015
<NAME> ZENITH EQUITY GROWTH
<S> <C>
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<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-END> DEC-31-1997
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
