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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 10
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 23
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<PAGE> PAGE 28
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<PAGE> PAGE 31
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SIGNATURE WILLIAM J.AUSTIN, JR.
TITLE ASST. TREASURER
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<NAME> THE WRIGHT EQUIFUND EQUITY TRUST
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<NAME> THE WRIGHT EQUIFUND EQUITY TRUST
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