<PAGE> PAGE 1
000 A000000 03/31/2000
000 C000000 0000800075
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 BAILARD, BIEHL & KAISER FUND GROUP
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001 C000000 8008828383
002 A000000 950 TOWER LANE, SUITE 1900
002 B000000 FOSTER CITY
002 C000000 CA
002 D010000 94404
002 D020000 2131
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
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007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
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008 D01AA01 FOSTER CITY
008 D02AA01 CA
008 D03AA01 94404
008 D04AA01 2131
010 A00AA01 INVESTMENT COMPANY ADMINISTRATION LLC
010 C01AA01 GLENDORA
010 C02AA01 CA
010 C03AA01 91741
011 A00AA01 BB&K FUND SERVICES, INC.
011 B00AA01 8-38672
011 C01AA01 FOSTER CITY
011 C02AA01 CA
011 C03AA01 94404
<PAGE> PAGE 2
011 C04AA01 2131
012 A00AA01 CHASE GLOBAL FUNDS SERVICES CO.
012 B00AA01 84-1719
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02208
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
013 B03AA01 94105
014 A00AA01 BB&K FUND SERVICES, INC.
014 B00AA01 8-38672
015 A00AA01 BROWN BROTHERS HARRIMAN & CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02109
015 E01AA01 X
015 A00AA02 CITIBANK, BUENOS AIRES
015 B00AA02 S
015 C01AA02 BUENOS AIRES
015 D01AA02 ARGENTINA
015 E04AA02 X
015 A00AA03 NATIONAL AUSTRALIA BANK LTD.
015 B00AA03 S
015 C01AA03 MELBOURNE
015 D01AA03 AUSTRALIA
015 E04AA03 X
015 A00AA04 BANK OF N.T. BUTTERFIELD & SON, LTD.
015 B00AA04 S
015 C01AA04 HAMILTON
015 D01AA04 BERMUDA
015 E04AA04 X
015 A00AA05 BANKBOSTON, SAO PAOLO
015 B00AA05 S
015 C01AA05 SAO PAOLO
015 D01AA05 BRAZIL
015 E04AA05 X
015 A00AA06 ROYAL BANK OF CANADA
015 B00AA06 S
015 C01AA06 TORONTO
015 D01AA06 CANADA
015 E04AA06 X
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015 B00AA07 S
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015 D01AA07 SWITZERLAND
015 E04AA07 X
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<PAGE> PAGE 3
015 D01AA08 CHILE
015 E04AA08 X
015 A00AA09 CITIBANK - CZECH REPUBLIC
015 B00AA09 S
015 C01AA09 PRAGUE
015 D01AA09 CZECH REPUBLIC
015 E04AA09 X
015 A00AA10 DEN DANSKE BANK
015 B00AA10 S
015 C01AA10 COPENHAGEN
015 D01AA10 DENMARK
015 E04AA10 X
015 A00AA11 BQ BRUXELLES LAMB
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015 C01AA11 BRUSSELES
015 D01AA11 BELGIUM
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015 D01AA12 ITALY
015 E04AA12 X
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015 B00AA13 S
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015 D01AA14 NETHERLANDS
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015 B00AA15 S
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015 D01AA15 SPAIN
015 E04AA15 X
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<PAGE> PAGE 4
015 E04AA18 X
015 A00AA19 BANQUE PARIBAS
015 B00AA19 S
015 C01AA19 PARIS
015 D01AA19 FRANCE
015 E04AA19 X
015 A00AA20 BANCO COMERICAL PORTUUES
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015 C01AA20 LISBON
015 D01AA20 PORTUGAL
015 E04AA20 X
015 A00AA21 HSBC BANK PLC
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015 D01AA21 ENGLAND
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015 A00AA22 CITIBANK ATHENS
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015 C01AA22 ATHENS
015 D01AA22 GREECE
015 E04AA22 X
015 A00AA23 STANDARD CHARTER BANK
015 B00AA23 S
015 C01AA23 HONG KONG
015 D01AA23 CHINA
015 E04AA23 X
015 A00AA24 CITIBANK BUDAPEST
015 B00AA24 S
015 C01AA24 BUDAPEST
015 D01AA24 HUNGARY
015 E04AA24 X
015 A00AA25 CITIBANK JAKARTA INDONESIA
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015 D01AA25 INDONESIA
015 E04AA25 X
015 A00AA26 BANK HAPOALIM BM
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015 D01AA26 ISRAEL
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015 B00AA27 S
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015 D01AA27 JAPAN
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015 A00AA28 CITIBANK SEOUL
015 B00AA28 S
015 C01AA28 SEOUL
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<PAGE> PAGE 5
015 A00AA29 CITIBANK MEXICO
015 B00AA29 S
015 C01AA29 MEXICO CITY
015 D01AA29 MEXICO
015 E04AA29 X
015 A00AA30 HONGKONG BANK MALAYSIA
015 B00AA30 S
015 C01AA30 KUALA LAMPOR
015 D01AA30 MALAYSIA
015 E04AA30 X
015 A00AA31 DEN NORSKE BANK
015 B00AA31 S
015 C01AA31 OSLO
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015 C01AA32 AUCKLAND
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015 C01AA33 LIMA
015 D01AA33 PERU
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015 A00AA34 CITIBANK MANILA
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015 C01AA34 MANILA
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<PAGE> PAGE 6
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015 A00AA43 DELETE
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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SIGNATURE ERIC BANHAZL
TITLE SR. VICE PRESIDENT
