ACHIEVEMENT FUNDS TRUST
NSAR-A, 1996-09-27
Previous: DREYFUS TREASURY PRIME CASH MANAGEMENT, 485B24E, 1996-09-27
Next: ACHIEVEMENT FUNDS TRUST, 497, 1996-09-27



<PAGE>      PAGE  1
000 A000000 07/31/96
000 C000000 0000844209
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 THE ACHIEVEMENT FUNDS TRUST
001 B000000 811-5712
001 C000000 8004720577
002 A000000 680 E. SWEDESFORD ROAD
002 B000000 WAYNE
002 C000000 PA
002 D010000 19087
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C020400 EQUITY FUND
007 C030400 N
007 C010500  5
007 C020500 BALANCED FUND
007 C030500 N
007 C010600  6
007 C020600 INTERMEDIATE TERM BOND FUND
007 C030600 N
007 C010700  7
007 C020700 SHORT TERM BOND FUND
007 C030700 N
007 C010800  8
007 C020800 SHORT TERM MUNICIPAL BOND FUND
007 C030800 N
007 C010900  9
007 C020900 IDAHO MUNICIPAL BOND FUND
007 C030900 N
007 C011000 10
020 A000001 JEFFREIES & COMPANY
020 B000001 95-2622900
020 C000001     39
020 A000002 BEAR STEARNS
020 B000002 13-2975144
020 C000002     33
020 A000003 ERNST & COMPANY
<PAGE>      PAGE  2
020 B000003 13-3732556
020 C000003     22
020 A000004 SALOMON BROTHERS
020 B000004 13-3082694
020 C000004     12
020 A000005 COWEN & COMPANY
020 B000005 13-5616116
020 C000005     11
020 A000006 LEHMAN BROTHERS
020 B000006 13-2927667
020 C000006     11
020 A000007 S&P SECURITIES INC.
020 B000007 13-2671951
020 C000007     11
020 A000008 PERSHING
020 B000008 13-2741729
020 C000008      9
020 A000009 BRIDGE
020 B000009 43-1450530
020 C000009      9
020 A000010 WILLIAN O'NEIL
020 B000010 95-2269163
020 C000010      7
021  000000      187
022 A000001 PERSHING
022 B000001 13-2741729
022 C000001      8500
022 D000001      4902
022 A000002 LEHMAN BROTHERS
022 B000002 13-2927667
022 C000002      2467
022 D000002     10865
022 A000003 SPEAR, LEEDS & KELLOGG
022 B000003 13-5515160
022 C000003      6023
022 D000003      5939
022 A000004 WEERTHEIM & COMPANY
022 C000004      6813
022 D000004      3966
022 A000005 GX CLARK
022 C000005       981
022 D000005      6542
022 A000006 GOLDMAN SACHS
022 B000006 13-5108880
022 C000006      4113
022 D000006      3280
022 A000007 CS FIRST BOSTON
022 B000007 13-5659485
022 C000007         0
022 D000007      7006
022 A000008 DONALDSON, LUFKIN & JENRETTE
<PAGE>      PAGE  3
022 B000008 13-1898818
022 C000008      4921
022 D000008      2067
022 A000009 MERRILL LYNCH
022 B000009 13-5674085
022 C000009      6300
022 D000009       499
022 A000010 COWEN & COMPANY
022 B000010 13-5616116
022 C000010      3927
022 D000010      2717
023 C000000     228435
023 D000000     207595
077 A000000 N
010 A000401 SEI FUND RESOURCES
010 C010401 WAYNE
010 C020401 PA
010 C030401 19087
024  000400 N
028 A010400      3884
028 A020400         0
028 A030400         0
028 A040400      1286
028 B010400      3495
028 B020400         0
028 B030400         0
028 B040400      1245
028 C010400      1890
028 C020400        97
028 C030400         0
028 C040400      2797
028 D010400      2772
028 D020400         0
028 D030400         0
028 D040400      1835
028 E010400      3049
028 E020400         0
028 E030400         0
028 E040400      1453
028 F010400      2606
028 F020400       102
028 F030400         0
028 F040400      1682
028 G010400     17696
028 G020400       199
028 G030400         0
028 G040400     10298
028 H000400      2048
029  000400 Y
030 A000400      4
030 B000400  4.50
<PAGE>      PAGE  4
030 C000400  0.00
031 A000400      4
031 B000400      0
032  000400      0
033  000400      0
042 A000400   0
042 B000400   0
042 C000400   0
042 D000400   0
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400 100
043  000400      3
044  000400      0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  0.740
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
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
062 A000400 N
062 B000400   0.0
062 C000400   0.0
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
<PAGE>      PAGE  5
062 K000400   0.0
062 L000400   0.0
062 M000400   0.0
062 N000400   0.0
062 O000400   0.0
062 P000400   0.0
062 Q000400   0.0
062 R000400   0.0
071 A000400     70841
071 B000400     61444
071 C000400    151140
071 D000400   41
072 A000400  6
072 B000400      221
072 C000400     1172
072 D000400        0
072 E000400        0
072 F000400      587
072 G000400      159
072 H000400        0
072 I000400       17
072 J000400       17
072 K000400        0
072 L000400       19
072 M000400        3
072 N000400       32
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400       10
072 S000400       11
072 T000400        3
072 U000400       24
072 V000400        0
072 W000400        4
072 X000400      886
072 Y000400      167
072 Z000400      674
072AA000400     9513
072BB000400        0
072CC010400        0
072CC020400    16362
072DD010400      751
072DD020400       10
072EE000400        0
073 A010400   0.0600
073 A020400   0.0500
073 B000400   0.0000
073 C000400   0.0000
074 A000400        0
074 B000400        0
<PAGE>      PAGE  6
074 C000400        0
074 D000400        0
074 E000400        0
074 F000400   147646
074 G000400        0
074 H000400        0
074 I000400     5613
074 J000400        0
074 K000400        0
074 L000400        0
074 M000400      128
074 N000400   153387
074 O000400        0
074 P000400        0
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400        0
074 S000400        0
074 T000400   153387
074 U010400    12386
074 U020400      283
074 V010400    12.11
074 V020400    12.11
074 W000400   0.0000
074 X000400      159
074 Y000400        0
075 A000400        0
075 B000400   159451
076  000400     0.00
010 A000501 SEI FUND RESOURCES
010 C010501 WAYNE
010 C020501 PA
010 C030501 19087
024  000500 Y
025 A000501 BEAR STEARNS
025 B000501 13-2975144
025 C000501 D
025 D000501    2000
028 A010500       652
028 A020500       351
028 A030500         0
028 A040500      1431
028 B010500      1065
028 B020500       400
028 B030500         0
028 B040500      1199
028 C010500      3098
028 C020500       351
028 C030500         0
<PAGE>      PAGE  7
028 C040500      2042
028 D010500       574
028 D020500       329
028 D030500         0
028 D040500      1863
028 E010500      1368
028 E020500       378
028 E030500         0
028 E040500      2123
028 F010500      3289
028 F020500       414
028 F030500         0
028 F040500      1196
028 G010500     10046
028 G020500      2223
028 G030500         0
028 G040500      9854
028 H000500      1216
029  000500 Y
030 A000500      3
030 B000500  4.50
030 C000500  0.00
031 A000500      3
031 B000500      0
032  000500      0
033  000500      0
042 A000500   0
042 B000500   0
042 C000500   0
042 D000500   0
042 E000500   0
042 F000500   0
042 G000500   0
042 H000500 100
043  000500      2
044  000500      0
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.740
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
<PAGE>      PAGE  8
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
062 A000500 N
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 Y
067  000500 Y
068 A000500 N
068 B000500 N
069  000500 N
071 A000500     42122
071 B000500     42115
071 C000500    139324
071 D000500   30
072 A000500  6
072 B000500     2199
072 C000500      667
072 D000500        0
072 E000500        0
072 F000500      546
072 G000500      147
<PAGE>      PAGE  9
072 H000500        0
072 I000500       17
072 J000500       17
072 K000500        0
072 L000500       15
072 M000500        3
072 N000500       26
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500        9
072 S000500        9
072 T000500        3
072 U000500       27
072 V000500        0
072 W000500        4
072 X000500      823
072 Y000500      155
072 Z000500     2198
072AA000500     5200
072BB000500        0
072CC010500        0
072CC020500    11586
072DD010500     2208
072DD020500       30
072EE000500        0
073 A010500   0.1800
073 A020500   0.1700
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500        0
074 C000500        0
074 D000500    52279
074 E000500        0
074 F000500    81409
074 G000500        0
074 H000500        0
074 I000500    10189
074 J000500        0
074 K000500        0
074 L000500        0
074 M000500     1133
074 N000500   145010
074 O000500        0
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500        0
<PAGE>      PAGE  10
074 S000500        0
074 T000500   145010
074 U010500    12627
074 U020500      235
074 V010500    11.28
074 V020500    11.26
074 W000500   0.0000
074 X000500       94
074 Y000500        0
075 A000500        0
075 B000500   148269
076  000500     0.00
010 A000601 SEI FUND RESOURCES
010 C010601 WAYNE
010 C020601 PA
010 C030601 19087
024  000600 Y
025 A000601 BEAR STEARNS
025 B000601 13-2975144
025 C000601 D
025 D000601    1009
028 A010600      3457
028 A020600       125
028 A030600         0
028 A040600       731
028 B010600      2656
028 B020600       137
028 B030600         0
028 B040600       420
028 C010600      3168
028 C020600       135
028 C030600         0
028 C040600      1579
028 D010600      3112
028 D020600       148
028 D030600         0
028 D040600      1572
028 E010600      3172
028 E020600       125
028 E030600         0
028 E040600      3887
028 F010600      2678
028 F020600       129
028 F030600         0
028 F040600      1809
028 G010600     18243
028 G020600       799
028 G030600         0
028 G040600      9998
028 H000600       956
029  000600 Y
<PAGE>      PAGE  11
030 A000600      0
030 B000600  3.50
030 C000600  0.00
031 A000600      0
031 B000600      0
032  000600      0
033  000600      0
042 A000600   0
042 B000600   0
042 C000600   0
042 D000600   0
042 E000600   0
042 F000600   0
042 G000600   0
042 H000600 100
043  000600      2
044  000600      0
045  000600 Y
046  000600 N
047  000600 Y
048  000600  0.600
048 A010600        0
048 A020600 0.000
048 B010600        0
048 B020600 0.000
048 C010600        0
048 C020600 0.000
048 D010600        0
048 D020600 0.000
048 E010600        0
048 E020600 0.000
048 F010600        0
048 F020600 0.000
048 G010600        0
048 G020600 0.000
048 H010600        0
048 H020600 0.000
048 I010600        0
048 I020600 0.000
048 J010600        0
048 J020600 0.000
048 K010600        0
048 K020600 0.000
062 A000600 Y
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
<PAGE>      PAGE  12
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   2.2
062 M000600  52.5
062 N000600   5.9
062 O000600   0.0
062 P000600  34.5
062 Q000600   3.3
062 R000600   0.0
063 A000600   0
063 B000600  4.8
064 A000600 N
064 B000600 N
071 A000600     24660
071 B000600     16809
071 C000600    114203
071 D000600   15
072 A000600  6
072 B000600     3968
072 C000600        0
072 D000600        0
072 E000600        0
072 F000600      351
072 G000600      117
072 H000600        0
072 I000600       13
072 J000600       12
072 K000600        0
072 L000600       13
072 M000600        3
072 N000600       32
072 O000600        0
072 P000600        0
072 Q000600        0
072 R000600        8
072 S000600        9
072 T000600        1
072 U000600       16
072 V000600        0
072 W000600        3
072 X000600      578
072 Y000600      136
072 Z000600     3526
072AA000600        0
072BB000600      470
072CC010600        0
072CC020600     5475
072DD010600     3495
072DD020600       32
072EE000600        0
<PAGE>      PAGE  13
073 A010600   0.3100
073 A020600   0.3000
073 B000600   0.0000
073 C000600   0.0000
074 A000600        0
074 B000600        0
074 C000600     2014
074 D000600   112872
074 E000600        0
074 F000600        0
074 G000600        0
074 H000600        0
074 I000600     2605
074 J000600        0
074 K000600        0
074 L000600        0
074 M000600     1877
074 N000600   119368
074 O000600        0
074 P000600        0
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600        0
074 S000600        0
074 T000600   119368
074 U010600    11475
074 U020600      162
074 V010600    10.26
074 V020600    10.29
074 W000600   0.0000
074 X000600       26
074 Y000600        0
075 A000600        0
075 B000600   117759
076  000600     0.00
010 A000701 SEI FUND RESOURCES
010 C010701 WAYNE
010 C020701 PA
010 C030701 19087
024  000700 Y
025 A000701 BEAR STEARNS
025 B000701 13-2975144
025 C000701 D
025 D000701    1009
028 A010700       887
028 A020700       106
028 A030700         0
028 A040700      1565
028 B010700      1541
<PAGE>      PAGE  14
028 B020700       114
028 B030700         0
028 B040700      1991
028 C010700      2727
028 C020700       110
028 C030700         0
028 C040700      2011
028 D010700      2468
028 D020700       120
028 D030700         0
028 D040700      2569
028 E010700      1531
028 E020700       101
028 E030700         0
028 E040700      2230
028 F010700       775
028 F020700       112
028 F030700         0
028 F040700      1980
028 G010700      9929
028 G020700       663
028 G030700         0
028 G040700     12346
028 H000700       779
029  000700 Y
030 A000700      0
030 B000700  1.50
030 C000700  0.00
042 A000700   0
042 B000700   0
042 C000700   0
042 D000700   0
042 E000700   0
042 F000700   0
042 G000700   0
042 H000700 100
043  000700      0
044  000700      0
045  000700 Y
046  000700 N
047  000700 Y
048  000700  0.600
048 A010700        0
048 A020700 0.000
048 B010700        0
048 B020700 0.000
048 C010700        0
048 C020700 0.000
048 D010700        0
048 D020700 0.000
048 E010700        0
<PAGE>      PAGE  15
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
048 K010700        0
048 K020700 0.000
062 A000700 Y
062 B000700  13.9
062 C000700   1.4
062 D000700   0.0
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   2.1
062 M000700  18.0
062 N000700   0.0
062 O000700   0.0
062 P000700  63.4
062 Q000700   0.0
062 R000700   0.0
063 A000700   0
063 B000700  1.1
064 A000700 N
064 B000700 N
071 A000700      7984
071 B000700      6034
071 C000700     70287
071 D000700    9
072 A000700  6
072 B000700     2505
072 C000700        0
072 D000700        0
072 E000700        0
072 F000700      222
072 G000700       74
072 H000700        0
072 I000700       10
072 J000700       10
072 K000700        0
072 L000700        7
<PAGE>      PAGE  16
072 M000700        2
072 N000700       11
072 O000700        0
072 P000700        0
072 Q000700        0
072 R000700        4
072 S000700        4
072 T000700        0
072 U000700       13
072 V000700        0
072 W000700        2
072 X000700      359
072 Y000700       81
072 Z000700     2227
072AA000700        0
072BB000700       12
072CC010700        0
072CC020700     1200
072DD010700     2220
072DD020700        7
072EE000700        0
073 A010700   0.3000
073 A020700   0.2900
073 B000700   0.0000
073 C000700   0.0000
074 A000700        0
074 B000700        0
074 C000700    37747
074 D000700    32541
074 E000700        0
074 F000700        0
074 G000700        0
074 H000700        0
074 I000700     1534
074 J000700        0
074 K000700        0
074 L000700        0
074 M000700      883
074 N000700    72705
074 O000700        0
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700        0
074 S000700        0
074 T000700    72705
074 U010700     7183
074 U020700       75
074 V010700    10.02
<PAGE>      PAGE  17
074 V020700    10.01
074 W000700   0.0000
074 X000700       18
074 Y000700        0
075 A000700        0
075 B000700    70300
076  000700     0.00
010 A000801 SEI FUND RESOURCES
010 C010801 WAYNE
010 C020801 PA
010 C030801 19087
024  000800 N
028 A010800       408
028 A020800         1
028 A030800         0
028 A040800       133
028 B010800       150
028 B020800         0
028 B030800         0
028 B040800       103
028 C010800       146
028 C020800         1
028 C030800         0
028 C040800       736
028 D010800       221
028 D020800         0
028 D030800         0
028 D040800       393
028 E010800       258
028 E020800         1
028 E030800         0
028 E040800       821
028 F010800       180
028 F020800         1
028 F030800         0
028 F040800      3775
028 G010800      1363
028 G020800         4
028 G030800         0
028 G040800      5961
028 H000800         6
029  000800 Y
030 A000800      0
030 B000800  1.50
030 C000800  0.00
031 A000800      0
031 B000800      0
032  000800      0
033  000800      0
042 A000800   0
042 B000800   0
<PAGE>      PAGE  18
042 C000800   0
042 D000800   0
042 E000800   0
042 F000800   0
042 G000800   0
042 H000800 100
043  000800      0
044  000800      0
045  000800 Y
046  000800 N
047  000800 Y
048  000800  0.600
048 A010800        0
048 A020800 0.000
048 B010800        0
048 B020800 0.000
048 C010800        0
048 C020800 0.000
048 D010800        0
048 D020800 0.000
048 E010800        0
048 E020800 0.000
048 F010800        0
048 F020800 0.000
048 G010800        0
048 G020800 0.000
048 H010800        0
048 H020800 0.000
048 I010800        0
048 I020800 0.000
048 J010800        0
048 J020800 0.000
048 K010800        0
048 K020800 0.000
062 A000800 Y
062 B000800   0.0
062 C000800   0.0
062 D000800   0.0
062 E000800   0.0
062 F000800   0.0
062 G000800   0.0
062 H000800   0.0
062 I000800   0.0
062 J000800   0.0
062 K000800   0.0
062 L000800   2.1
062 M000800   0.0
062 N000800   0.0
062 O000800  97.4
062 P000800   0.0
062 Q000800   0.0
<PAGE>      PAGE  19
062 R000800   0.0
063 A000800   0
063 B000800  2.5
064 A000800 Y
064 B000800 N
071 A000800      2573
071 B000800      5063
071 C000800     29193
071 D000800    9
072 A000800  6
072 B000800      681
072 C000800        0
072 D000800        0
072 E000800        0
072 F000800       91
072 G000800       50
072 H000800        0
072 I000800       10
072 J000800       10
072 K000800        0
072 L000800        3
072 M000800        1
072 N000800       17
072 O000800        0
072 P000800        0
072 Q000800        0
072 R000800        2
072 S000800        2
072 T000800        0
072 U000800        7
072 V000800        0
072 W000800        1
072 X000800      194
072 Y000800       79
072 Z000800      566
072AA000800       42
072BB000800        0
072CC010800        0
072CC020800      433
072DD010800      577
072DD020800        4
072EE000800        0
073 A010800   0.1900
073 A020800   0.1800
073 B000800   0.0000
073 C000800   0.0000
074 A000800        0
074 B000800        0
074 C000800        0
074 D000800    25834
074 E000800        0
<PAGE>      PAGE  20
074 F000800        0
074 G000800        0
074 H000800        0
074 I000800      550
074 J000800        0
074 K000800        0
074 L000800        0
074 M000800      132
074 N000800    26516
074 O000800        0
074 P000800        0
074 Q000800        0
074 R010800        0
074 R020800        0
074 R030800        0
074 R040800        0
074 S000800        0
074 T000800    26516
074 U010800     2603
074 U020800       22
074 V010800    10.11
074 V020800    10.13
074 W000800   0.0000
074 X000800       16
074 Y000800        0
075 A000800        0
075 B000800    30644
076  000800     0.00
010 A000901 SEI FUND RESOURCES
010 C010901 WAYNE
010 C020901 PA
010 C030901 19087
024  000900 N
028 A010900       866
028 A020900        10
028 A030900         0
028 A040900       428
028 B010900       411
028 B020900         9
028 B030900         0
028 B040900      1342
028 C010900       487
028 C020900         7
028 C030900         0
028 C040900       456
028 D010900      1350
028 D020900         9
028 D030900         0
028 D040900       515
028 E010900       559
028 E020900         8
<PAGE>      PAGE  21
028 E030900         0
028 E040900       141
028 F010900      1028
028 F020900         9
028 F030900         0
028 F040900        42
028 G010900      4701
028 G020900        52
028 G030900         0
028 G040900      2924
028 H000900       744
029  000900 Y
030 A000900      0
030 B000900  4.00
030 C000900  0.00
031 A000900      0
031 B000900      0
032  000900      0
033  000900      0
042 A000900   0
042 B000900   0
042 C000900   0
042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
042 H000900 100
043  000900      3
044  000900      0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.600
048 A010900        0
048 A020900 0.000
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
<PAGE>      PAGE  22
048 J010900        0
048 J020900 0.000
048 K010900        0
048 K020900 0.000
055 A000900 Y
055 B000900 N
056  000900 Y
057  000900 N
058 A000900 N
059  000900 Y
060 A000900 N
060 B000900 N
061  000900     1000
062 A000900 Y
062 B000900   0.0
062 C000900   0.0
062 D000900   0.0
062 E000900   0.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   5.3
062 M000900   0.0
062 N000900   0.0
062 O000900  97.0
062 P000900   0.0
062 Q000900   0.0
062 R000900   0.0
063 A000900   0
063 B000900 10.9
064 A000900 Y
064 B000900 N
071 A000900      2755
071 B000900      1714
071 C000900     27594
071 D000900    6
072 A000900  6
072 B000900      721
072 C000900        0
072 D000900        0
072 E000900        0
072 F000900       84
072 G000900       50
072 H000900        0
072 I000900       10
072 J000900       10
072 K000900        0
072 L000900        3
<PAGE>      PAGE  23
072 M000900        1
072 N000900       14
072 O000900        0
072 P000900        0
072 Q000900        0
072 R000900        2
072 S000900        1
072 T000900        3
072 U000900        6
072 V000900        0
072 W000900        4
072 X000900      188
072 Y000900       77
072 Z000900      610
072AA000900       57
072BB000900        0
072CC010900        0
072CC020900     1087
072DD010900      566
072DD020900       50
072EE000900        0
073 A010900   0.2300
073 A020900   0.2200
073 B000900   0.0000
073 C000900   0.0000
074 A000900        0
074 B000900        0
074 C000900        0
074 D000900    28892
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900     1581
074 J000900        0
074 K000900        0
074 L000900        0
074 M000900        0
074 N000900    30473
074 O000900        0
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      698
074 S000900        0
074 T000900    29775
074 U010900     2622
074 U020900      238
074 V010900    10.41
<PAGE>      PAGE  24
074 V020900    10.44
074 W000900   0.0000
074 X000900       52
074 Y000900        0
075 A000900        0
075 B000900    28266
076  000900     0.00
SIGNATURE   STEPHEN MEYER                                
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 040
   <NAME> EQUITY FUND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           143929
<INVESTMENTS-AT-VALUE>                          153259
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     128
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  153387
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        133044
<SHARES-COMMON-STOCK>                            12386
<SHARES-COMMON-PRIOR>                            11941
<ACCUMULATED-NII-CURRENT>                           12
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          11011
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          9330
<NET-ASSETS>                                    153387
<DIVIDEND-INCOME>                                 1172
<INTEREST-INCOME>                                  221
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     719
<NET-INVESTMENT-INCOME>                            674
<REALIZED-GAINS-CURRENT>                          9513
<APPREC-INCREASE-CURRENT>                      (16362)
<NET-CHANGE-FROM-OPS>                           (6175)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (751)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1217
<NUMBER-OF-SHARES-REDEEMED>                      (787)
<SHARES-REINVESTED>                                 15
<NET-CHANGE-IN-ASSETS>                            5772
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         2158
<OVERDISTRIB-NII-PRIOR>                           (11)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              587
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    886
<AVERAGE-NET-ASSETS>                            159451
<PER-SHARE-NAV-BEGIN>                            12.64
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                          (.52)
<PER-SHARE-DIVIDEND>                             (.06)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.11
<EXPENSE-RATIO>                                    .90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 041
   <NAME> EQUITY FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           143929
<INVESTMENTS-AT-VALUE>                          153259
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     128
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  153387
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        133044
<SHARES-COMMON-STOCK>                              283
<SHARES-COMMON-PRIOR>                              140
<ACCUMULATED-NII-CURRENT>                           12
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          11011
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          9330
<NET-ASSETS>                                    153387
<DIVIDEND-INCOME>                                 1172
<INTEREST-INCOME>                                  221
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     719
<NET-INVESTMENT-INCOME>                            674
<REALIZED-GAINS-CURRENT>                          9513
<APPREC-INCREASE-CURRENT>                      (16362)
<NET-CHANGE-FROM-OPS>                           (6175)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (10)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            160
<NUMBER-OF-SHARES-REDEEMED>                       (18)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            1825
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         2158
<OVERDISTRIB-NII-PRIOR>                           (11)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              587
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    886
<AVERAGE-NET-ASSETS>                            159451
<PER-SHARE-NAV-BEGIN>                            12.65
<PER-SHARE-NII>                                    .04
<PER-SHARE-GAIN-APPREC>                          (.53)
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.11
<EXPENSE-RATIO>                                   1.15
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 050
   <NAME> BALANCED FUND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           136588
<INVESTMENTS-AT-VALUE>                          143877
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1133
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  145010
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        130775
<SHARES-COMMON-STOCK>                            12627
<SHARES-COMMON-PRIOR>                            12503
<ACCUMULATED-NII-CURRENT>                          324
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           6622
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7289
<NET-ASSETS>                                    145010
<DIVIDEND-INCOME>                                  667
<INTEREST-INCOME>                                 2199
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     668
<NET-INVESTMENT-INCOME>                           2198
<REALIZED-GAINS-CURRENT>                          5200
<APPREC-INCREASE-CURRENT>                      (11586)
<NET-CHANGE-FROM-OPS>                           (4188)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2208)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            766
<NUMBER-OF-SHARES-REDEEMED>                      (829)
<SHARES-REINVESTED>                                187
<NET-CHANGE-IN-ASSETS>                            1313
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         1443
<OVERDISTRIB-NII-PRIOR>                           (14)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              546
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    823
<AVERAGE-NET-ASSETS>                            148269
<PER-SHARE-NAV-BEGIN>                            11.79
<PER-SHARE-NII>                                    .17
<PER-SHARE-GAIN-APPREC>                          (.50)
<PER-SHARE-DIVIDEND>                             (.18)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.28
<EXPENSE-RATIO>                                    .90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 051
   <NAME> BALANCED FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           136588
<INVESTMENTS-AT-VALUE>                          143877
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1133
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  145010
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        130775
<SHARES-COMMON-STOCK>                              235
<SHARES-COMMON-PRIOR>                              141
<ACCUMULATED-NII-CURRENT>                          324
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           6622
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7289
<NET-ASSETS>                                    145010
<DIVIDEND-INCOME>                                  667
<INTEREST-INCOME>                                 2199
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     668
<NET-INVESTMENT-INCOME>                           2198
<REALIZED-GAINS-CURRENT>                          5200
<APPREC-INCREASE-CURRENT>                      (11586)
<NET-CHANGE-FROM-OPS>                           (4188)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (30)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            104
<NUMBER-OF-SHARES-REDEEMED>                       (12)
<SHARES-REINVESTED>                                  2
<NET-CHANGE-IN-ASSETS>                            1102
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         1443
<OVERDISTRIB-NII-PRIOR>                           (14)
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              546
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    823
<AVERAGE-NET-ASSETS>                            148269
<PER-SHARE-NAV-BEGIN>                            11.78
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                          (.51)
<PER-SHARE-DIVIDEND>                             (.17)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.26
<EXPENSE-RATIO>                                   1.15
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 060
   <NAME> INTERMEDIATE TERM BOND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           119238
<INVESTMENTS-AT-VALUE>                          117491
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1877
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  119368
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        123194
<SHARES-COMMON-STOCK>                            11475
<SHARES-COMMON-PRIOR>                            10685
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2079)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (1747)
<NET-ASSETS>                                    119368
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 3968
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     442
<NET-INVESTMENT-INCOME>                           3526
<REALIZED-GAINS-CURRENT>                         (470)
<APPREC-INCREASE-CURRENT>                       (5475)
<NET-CHANGE-FROM-OPS>                           (2419)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (3495)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1664
<NUMBER-OF-SHARES-REDEEMED>                      (948)
<SHARES-REINVESTED>                                 74
<NET-CHANGE-IN-ASSETS>                            8296
<ACCUMULATED-NII-PRIOR>                             67
<ACCUMULATED-GAINS-PRIOR>                       (1369)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              351
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    578
<AVERAGE-NET-ASSETS>                            117759
<PER-SHARE-NAV-BEGIN>                            10.79
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                          (.53)
<PER-SHARE-DIVIDEND>                             (.31)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.26
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 061
   <NAME> INTERMEDIATE TERM BOND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                           119238
<INVESTMENTS-AT-VALUE>                          117491
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                    1877
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  119368
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        123194
<SHARES-COMMON-STOCK>                              162
<SHARES-COMMON-PRIOR>                               89
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2079)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (1747)
<NET-ASSETS>                                    119368
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 3968
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     442
<NET-INVESTMENT-INCOME>                           3526
<REALIZED-GAINS-CURRENT>                         (470)
<APPREC-INCREASE-CURRENT>                       (5475)
<NET-CHANGE-FROM-OPS>                           (2419)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (32)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             93
<NUMBER-OF-SHARES-REDEEMED>                       (23)
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                             748
<ACCUMULATED-NII-PRIOR>                             67
<ACCUMULATED-GAINS-PRIOR>                       (1369)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              351
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    578
<AVERAGE-NET-ASSETS>                            117759
<PER-SHARE-NAV-BEGIN>                            10.82
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                          (.52)
<PER-SHARE-DIVIDEND>                             (.30)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.29
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 070
   <NAME> SHORT TERM BOND FUND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            71993
<INVESTMENTS-AT-VALUE>                           71822
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     883
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   72705
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         74923
<SHARES-COMMON-STOCK>                             7183
<SHARES-COMMON-PRIOR>                             7428
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2047)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (171)
<NET-ASSETS>                                     72705
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2505
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     278
<NET-INVESTMENT-INCOME>                           2227
<REALIZED-GAINS-CURRENT>                          (12)
<APPREC-INCREASE-CURRENT>                       (1200)
<NET-CHANGE-FROM-OPS>                             1015
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2220)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            909
<NUMBER-OF-SHARES-REDEEMED>                     (1220)
<SHARES-REINVESTED>                                 66
<NET-CHANGE-IN-ASSETS>                          (2467)
<ACCUMULATED-NII-PRIOR>                            129
<ACCUMULATED-GAINS-PRIOR>                       (2035)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              222
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    359
<AVERAGE-NET-ASSETS>                             70300
<PER-SHARE-NAV-BEGIN>                            10.18
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                          (.16)
<PER-SHARE-DIVIDEND>                             (.30)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.02
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 071
   <NAME> SHORT TERM BOND FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            71993
<INVESTMENTS-AT-VALUE>                           71822
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     883
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   72705
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         74923
<SHARES-COMMON-STOCK>                               75
<SHARES-COMMON-PRIOR>                                4
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2047)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (171)
<NET-ASSETS>                                     72705
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 2505
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     278
<NET-INVESTMENT-INCOME>                           2227
<REALIZED-GAINS-CURRENT>                          (12)
<APPREC-INCREASE-CURRENT>                       (1200)
<NET-CHANGE-FROM-OPS>                             1015
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (7)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             78
<NUMBER-OF-SHARES-REDEEMED>                        (7)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             713
<ACCUMULATED-NII-PRIOR>                            129
<ACCUMULATED-GAINS-PRIOR>                       (2035)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              222
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    359
<AVERAGE-NET-ASSETS>                             70300
<PER-SHARE-NAV-BEGIN>                            10.18
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                          (.16)
<PER-SHARE-DIVIDEND>                             (.29)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.01
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 080
   <NAME> SHORT TERM MUNICIPAL BOND FUND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            26231
<INVESTMENTS-AT-VALUE>                           26384
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     132
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   26516
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         26220
<SHARES-COMMON-STOCK>                             2603
<SHARES-COMMON-PRIOR>                             3059
<ACCUMULATED-NII-CURRENT>                            7
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            136
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           153
<NET-ASSETS>                                     26516
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  681
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     115
<NET-INVESTMENT-INCOME>                            566
<REALIZED-GAINS-CURRENT>                            42
<APPREC-INCREASE-CURRENT>                        (433)
<NET-CHANGE-FROM-OPS>                              175
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          577
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            134
<NUMBER-OF-SHARES-REDEEMED>                      (590)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          (4601)
<ACCUMULATED-NII-PRIOR>                             15
<ACCUMULATED-GAINS-PRIOR>                           94
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               91
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    194
<AVERAGE-NET-ASSETS>                             30644
<PER-SHARE-NAV-BEGIN>                            10.23
<PER-SHARE-NII>                                    .19
<PER-SHARE-GAIN-APPREC>                          (.12)
<PER-SHARE-DIVIDEND>                             (.19)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 081
   <NAME> SHORT TERM MUNICIPAL BOND FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            26231
<INVESTMENTS-AT-VALUE>                           26384
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                     132
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   26516
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         26220
<SHARES-COMMON-STOCK>                               22
<SHARES-COMMON-PRIOR>                               21
<ACCUMULATED-NII-CURRENT>                            7
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            136
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           153
<NET-ASSETS>                                     26516
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  681
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     115
<NET-INVESTMENT-INCOME>                            566
<REALIZED-GAINS-CURRENT>                            42
<APPREC-INCREASE-CURRENT>                        (433)
<NET-CHANGE-FROM-OPS>                              175
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            4
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              1
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                               7
<ACCUMULATED-NII-PRIOR>                             15
<ACCUMULATED-GAINS-PRIOR>                           94
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               91
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    194
<AVERAGE-NET-ASSETS>                             30644
<PER-SHARE-NAV-BEGIN>                            10.25
<PER-SHARE-NII>                                    .18
<PER-SHARE-GAIN-APPREC>                          (.12)
<PER-SHARE-DIVIDEND>                             (.18)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.13
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 090
   <NAME> IDAHO MUNICIPAL BOND FUND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            30158
<INVESTMENTS-AT-VALUE>                           30473
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   30473
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        (698)
<TOTAL-LIABILITIES>                              (698)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         29300
<SHARES-COMMON-STOCK>                             2622
<SHARES-COMMON-PRIOR>                             2396
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            160
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           315
<NET-ASSETS>                                     29775
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  721
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     111
<NET-INVESTMENT-INCOME>                            610
<REALIZED-GAINS-CURRENT>                            57
<APPREC-INCREASE-CURRENT>                       (1087)
<NET-CHANGE-FROM-OPS>                            (420)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (566)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            378
<NUMBER-OF-SHARES-REDEEMED>                      (152)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            2359
<ACCUMULATED-NII-PRIOR>                             13
<ACCUMULATED-GAINS-PRIOR>                           97
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               84
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    188
<AVERAGE-NET-ASSETS>                             28266
<PER-SHARE-NAV-BEGIN>                            10.80
<PER-SHARE-NII>                                    .23
<PER-SHARE-GAIN-APPREC>                          (.39)
<PER-SHARE-DIVIDEND>                               .23
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.41
<EXPENSE-RATIO>                                    .75
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000844209
<NAME> ACHIEVEMENT FUNDS
<SERIES>
   <NUMBER> 091
   <NAME> IDAHO MUNICIPAL BOND FUND RETAIL CLASS A
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1997
<PERIOD-START>                             FEB-01-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                            30158
<INVESTMENTS-AT-VALUE>                           30473
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   30473
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        (698)
<TOTAL-LIABILITIES>                              (698)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         29300
<SHARES-COMMON-STOCK>                              238
<SHARES-COMMON-PRIOR>                              287
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            160
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           315
<NET-ASSETS>                                     29775
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  721
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     111
<NET-INVESTMENT-INCOME>                            610
<REALIZED-GAINS-CURRENT>                            57
<APPREC-INCREASE-CURRENT>                       (1087)
<NET-CHANGE-FROM-OPS>                            (420)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (50)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             71
<NUMBER-OF-SHARES-REDEEMED>                      (125)
<SHARES-REINVESTED>                                  5
<NET-CHANGE-IN-ASSETS>                           (530)
<ACCUMULATED-NII-PRIOR>                             13
<ACCUMULATED-GAINS-PRIOR>                           97
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               84
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    188
<AVERAGE-NET-ASSETS>                             28266
<PER-SHARE-NAV-BEGIN>                            10.83
<PER-SHARE-NII>                                    .22
<PER-SHARE-GAIN-APPREC>                          (.39)
<PER-SHARE-DIVIDEND>                             (.22)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.44
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission