<PAGE> PAGE 1
000 B000000 12/31/98
000 C000000 853255
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 THE WRIGHT EQUIFUND EQUITY TRUST
001 B000000 811-5866
001 C000000 6174828260
002 A000000 24 FEDERAL STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 4
007 C010100 1
007 C020100 WRIGHT EQUIFUND - NETHERLANDS
007 C030100 N
007 C010200 2
007 C020200 WRIGHT EQUIFUND - HONG KONG/CHINA
007 C030200 N
007 C010300 3
007 C010400 4
007 C020400 WRIGHT EQUIFUND - JAPAN
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C020700 WRIGHT EQUIFUND - MEXICO
007 C030700 N
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 02110
<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 INVESTOR SERVICES GROUP, INC,
012 B00AA01 85-401761
012 C01AA01 WESTBOROUGH
012 C02AA01 MA
012 C03AA01 01581
012 C04AA01 5123
013 A00AA01 DELIOTTE & TOUCHE LLP
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 WARDLEY THOMSON
020 C000001 53
020 A000002 JEFFERIES & CO INC
020 B000002 95-2622900
020 C000002 44
020 A000003 NOMURA SECURITIES
020 B000003 13-2642206
020 C000003 41
020 A000004 CANTOR FITZGERALD & CO INC
020 B000004 95-1786286
020 C000004 33
020 A000005 VALORES FINAMEX
020 C000005 33
020 A000006 KEMPEN & CO USA
020 C000006 22
020 A000007 ROBERT FLEMING & SON INC
020 B000007 13-3298866
020 C000007 18
020 A000008 SMITH BARNEY INC
020 B000008 13-1912900
020 C000008 16
020 A000009 ABN CAPITAL
020 C000009 16
020 A000010 ACCI SECURITIES INC
<PAGE> PAGE 3
020 C000010 6
021 000000 292
022 A000001 CURRENCY TRANSACTIONS
022 C000001 51587
022 D000001 43487
022 A000002 BANK OF BOSTON
022 C000002 17232
022 D000002 21971
022 A000003 MELLON BANK NA
022 C000003 21233
022 D000003 9014
022 A000004 FIRST NATIONAL BANK OF CHICAGO
022 C000004 4490
022 D000004 2838
022 A000005 CONVERSION BROKER
022 C000005 1507
022 D000005 0
022 A000006 GOLDMAN SACHS & CO
022 B000006 13-5108880
022 C000006 1507
022 D000006 0
022 A000007 INVESTORS BANK & TRUST CO
022 B000007 04-2447211
022 C000007 17
022 D000007 644
022 A000008 JEFFERIES & CO INC
022 B000008 95-2622900
022 C000008 233
022 D000008 248
022 A000009 ROBERT FLEMING & SON INC
022 B000009 13-3298866
022 C000009 156
022 D000009 191
022 A000010 STOCK DIVIDEND
022 C000010 183
022 D000010 22
023 C000000 98425
023 D000000 78539
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
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
<PAGE> PAGE 4
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
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.000
048 A01AA00 500000
048 A02AA00 0.500
048 B01AA00 500000
048 B02AA00 0.480
048 C01AA00 0
048 C02AA00 0.430
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
<PAGE> PAGE 5
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 N
066 D00AA00 N
<PAGE> PAGE 6
066 E00AA00 N
066 F00AA00 N
066 G00AA00 Y
067 00AA00 N
068 A00AA00 N
068 B00AA00 Y
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 Y
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 Y
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 Y
070 L02AA00 Y
070 M01AA00 Y
070 M02AA00 Y
070 N01AA00 N
070 N02AA00 N
070 O01AA00 N
070 O02AA00 N
070 P01AA00 Y
070 P02AA00 N
070 Q01AA00 N
070 Q02AA00 N
070 R01AA00 N
070 R02AA00 N
077 A000000 Y
077 B000000 Y
080 A00AA00 FEDERAL INSURANCE CO
080 B00AA00 NATIONAL UNION FIRE INSURANCE CO
080 C00AA00 40000
081 A00AA00 Y
081 B00AA00 176
082 A00AA00 Y
<PAGE> PAGE 7
082 B00AA00 100
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 1068
028 A020100 0
028 A030100 0
028 A040100 1086
028 B010100 513
028 B020100 0
028 B030100 0
028 B040100 861
028 C010100 1888
028 C020100 0
028 C030100 0
028 C040100 1986
028 D010100 1540
028 D020100 0
028 D030100 0
028 D040100 1349
028 E010100 482
028 E020100 0
028 E030100 0
028 E040100 592
028 F010100 1252
028 F020100 0
028 F030100 0
028 F040100 1628
028 G010100 6743
028 G020100 0
028 G030100 0
028 G040100 7502
028 H000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 N
053 C000100 Y
055 A000100 N
055 B000100 Y
056 000100 Y
057 000100 N
071 A000100 15607
071 B000100 13989
071 C000100 15888
071 D000100 88
<PAGE> PAGE 8
072 A000100 12
072 B000100 0
072 C000100 329
072 D000100 0
072 E000100 -49
072 F000100 123
072 G000100 17
072 H000100 0
072 I000100 6
072 J000100 63
072 K000100 0
072 L000100 14
072 M000100 2
072 N000100 12
072 O000100 0
072 P000100 8
072 Q000100 0
072 R000100 15
072 S000100 6
072 T000100 41
072 U000100 0
072 V000100 0
072 W000100 3
072 X000100 310
072 Y000100 26
072 Z000100 -4
072AA000100 895
072BB000100 0
072CC010100 3669
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 676
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.4770
073 C000100 0.0000
074 A000100 630
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 19087
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 49
074 M000100 0
074 N000100 19766
<PAGE> PAGE 9
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 216
074 S000100 0
074 T000100 19550
074 U010100 1670
074 U020100 0
074 V010100 11.70
074 V020100 0.00
074 W000100 0.0000
074 X000100 964
074 Y000100 0
075 A000100 0
075 B000100 19468
076 000100 0.00
028 A010200 6890
028 A020200 0
028 A030200 0
028 A040200 6479
028 B010200 432
028 B020200 0
028 B030200 0
028 B040200 1304
028 C010200 1582
028 C020200 0
028 C030200 0
028 C040200 1506
028 D010200 6824
028 D020200 0
028 D030200 0
028 D040200 2044
028 E010200 3806
028 E020200 0
028 E030200 0
028 E040200 5405
028 F010200 3950
028 F020200 0
028 F030200 0
028 F040200 4439
028 G010200 23484
028 G020200 0
028 G030200 0
028 G040200 21178
028 H000200 0
049 000200 N
050 000200 N
051 000200 N
<PAGE> PAGE 10
052 000200 N
053 A000200 Y
053 C000200 Y
055 A000200 N
055 B000200 Y
056 000200 Y
057 000200 N
071 A000200 16963
071 B000200 14622
071 C000200 5750
071 D000200 254
072 A000200 12
072 B000200 0
072 C000200 269
072 D000200 0
072 E000200 0
072 F000200 47
072 G000200 6
072 H000200 0
072 I000200 3
072 J000200 57
072 K000200 0
072 L000200 13
072 M000200 0
072 N000200 17
072 O000200 0
072 P000200 10
072 Q000200 0
072 R000200 17
072 S000200 2
072 T000200 16
072 U000200 0
072 V000200 0
072 W000200 4
072 X000200 192
072 Y000200 68
072 Z000200 145
072AA000200 0
072BB000200 2557
072CC010200 2158
072CC020200 0
072DD010200 457
072DD020200 0
072EE000200 0
073 A010200 0.5500
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 219
074 B000200 0
074 C000200 0
<PAGE> PAGE 11
074 D000200 0
074 E000200 0
074 F000200 7933
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 3
074 L000200 19
074 M000200 0
074 N000200 8174
074 O000200 136
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 154
074 S000200 0
074 T000200 7884
074 U010200 855
074 U020200 0
074 V010200 9.21
074 V020200 0.00
074 W000200 0.0000
074 X000200 586
074 Y000200 0
075 A000200 0
075 B000200 6248
076 000200 0.00
028 A010400 691
028 A020400 0
028 A030400 0
028 A040400 641
028 B010400 37
028 B020400 0
028 B030400 0
028 B040400 975
028 C010400 583
028 C020400 0
028 C030400 0
028 C040400 447
028 D010400 1946
028 D020400 0
028 D030400 0
028 D040400 1596
028 E010400 2533
028 E020400 0
028 E030400 0
028 E040400 1765
028 F010400 581
<PAGE> PAGE 12
028 F020400 0
028 F030400 0
028 F040400 1781
028 G010400 6371
028 G020400 0
028 G030400 0
028 G040400 7205
028 H000400 0
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
055 B000400 Y
056 000400 Y
057 000400 N
071 A000400 9851
071 B000400 9484
071 C000400 4620
071 D000400 205
072 A000400 12
072 B000400 0
072 C000400 31
072 D000400 0
072 E000400 -5
072 F000400 36
072 G000400 5
072 H000400 0
072 I000400 3
072 J000400 39
072 K000400 0
072 L000400 7
072 M000400 2
072 N000400 11
072 O000400 0
072 P000400 3
072 Q000400 0
072 R000400 17
072 S000400 2
072 T000400 12
072 U000400 2
072 V000400 0
072 W000400 2
072 X000400 141
072 Y000400 45
072 Z000400 -70
072AA000400 0
072BB000400 759
072CC010400 880
072CC020400 0
<PAGE> PAGE 13
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 4256
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 416
074 K000400 1
074 L000400 10
074 M000400 0
074 N000400 4683
074 O000400 271
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 47
074 S000400 0
074 T000400 4365
074 U010400 605
074 U020400 0
074 V010400 7.21
074 V020400 0.00
074 W000400 0.0000
074 X000400 255
074 Y000400 0
075 A000400 0
075 B000400 4822
076 000400 0.00
028 A010700 471
028 A020700 0
028 A030700 0
028 A040700 499
028 B010700 127
028 B020700 0
028 B030700 0
028 B040700 441
028 C010700 1988
028 C020700 0
028 C030700 0
<PAGE> PAGE 14
028 C040700 1554
028 D010700 465
028 D020700 0
028 D030700 0
028 D040700 528
028 E010700 1404
028 E020700 0
028 E030700 0
028 E040700 1244
028 F010700 262
028 F020700 0
028 F030700 0
028 F040700 1575
028 G010700 4717
028 G020700 0
028 G030700 0
028 G040700 5841
028 H000700 0
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
055 A000700 N
055 B000700 Y
056 000700 Y
057 000700 N
071 A000700 3314
071 B000700 14720
071 C000700 14849
071 D000700 22
072 A000700 12
072 B000700 0
072 C000700 255
072 D000700 0
072 E000700 0
072 F000700 104
072 G000700 14
072 H000700 0
072 I000700 7
072 J000700 42
072 K000700 0
072 L000700 13
072 M000700 2
072 N000700 15
072 O000700 0
072 P000700 5
072 Q000700 0
072 R000700 17
072 S000700 2
072 T000700 35
<PAGE> PAGE 15
072 U000700 3
072 V000700 0
072 W000700 3
072 X000700 262
072 Y000700 13
072 Z000700 6
072AA000700 714
072BB000700 0
072CC010700 0
072CC020700 8040
072DD010700 0
072DD020700 0
072EE000700 0
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 320
074 B000700 0
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 8444
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 0
074 K000700 0
074 L000700 20
074 M000700 2
074 N000700 8786
074 O000700 0
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 49
074 S000700 0
074 T000700 8737
074 U010700 1815
074 U020700 0
074 V010700 4.81
074 V020700 0.00
074 W000700 0.0000
074 X000700 759
074 Y000700 0
075 A000700 0
075 B000700 14221
076 000700 0.00
<PAGE> PAGE 16
SIGNATURE WILLIAM J. AUSTIN, JR.
TITLE ASST. TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> WRIGHT EQUIFUND - NETHERLANDS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 13,275,243
<INVESTMENTS-AT-VALUE> 19,086,477
<RECEIVABLES> 49,318
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 630,193
<TOTAL-ASSETS> 19,765,988
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216,088
<TOTAL-LIABILITIES> 216,088
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,823,233
<SHARES-COMMON-STOCK> 1,670,277
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (67,128)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (17,432)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,811,227
<NET-ASSETS> 19,549,900
<DIVIDEND-INCOME> 328,941
<INTEREST-INCOME> 0
<OTHER-INCOME> (49,341)
<EXPENSES-NET> 283,647
<NET-INVESTMENT-INCOME> (4,047)
<REALIZED-GAINS-CURRENT> 894,501
<APPREC-INCREASE-CURRENT> 3,668,743
<NET-CHANGE-FROM-OPS> 4,559,197
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 698,428
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,942,481
<NUMBER-OF-SHARES-REDEEMED> 1,887,595
<SHARES-REINVESTED> 58,757
<NET-CHANGE-IN-ASSETS> 6,575,048
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 123,437
<INTEREST-EXPENSE> 8,426
<GROSS-EXPENSE> 310,382
<AVERAGE-NET-ASSETS> 16,467,520
<PER-SHARE-NAV-BEGIN> 9.81
<PER-SHARE-NII> (0.003)
<PER-SHARE-GAIN-APPREC> 2.370
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.477)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.70
<EXPENSE-RATIO> 1.88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 002
<NAME> WRIGHT EQUIFUND - HONG KONG/CHINA
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 6,641,114
<INVESTMENTS-AT-VALUE> 7,932,961
<RECEIVABLES> 21,543
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 219,109
<TOTAL-ASSETS> 8,173,613
<PAYABLE-FOR-SECURITIES> 135,902
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 154,778
<TOTAL-LIABILITIES> 290,680
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,973,928
<SHARES-COMMON-STOCK> 855,475
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 333,684
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,716,482)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,291,803
<NET-ASSETS> 7,882,933
<DIVIDEND-INCOME> 269,393
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 124,226
<NET-INVESTMENT-INCOME> 145,167
<REALIZED-GAINS-CURRENT> (2,557,232)
<APPREC-INCREASE-CURRENT> 2,157,556
<NET-CHANGE-FROM-OPS> (254,509)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 457,346
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,168,279
<NUMBER-OF-SHARES-REDEEMED> 4,938,190
<SHARES-REINVESTED> 44,759
<NET-CHANGE-IN-ASSETS> 925,380
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 46,869
<INTEREST-EXPENSE> 10,240
<GROSS-EXPENSE> 192,113
<AVERAGE-NET-ASSETS> 6,248,459
<PER-SHARE-NAV-BEGIN> 11.98
<PER-SHARE-NII> 0.503
<PER-SHARE-GAIN-APPREC> (2.723)
<PER-SHARE-DIVIDEND> (0.550)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.21
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 004
<NAME> WRIGHT EQUIFUND - JAPAN
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 3,690,547
<INVESTMENTS-AT-VALUE> 4,255,902
<RECEIVABLES> 427,024
<ASSETS-OTHER> 240
<OTHER-ITEMS-ASSETS> 284
<TOTAL-ASSETS> 4,683,450
<PAYABLE-FOR-SECURITIES> 270,783
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 47,849
<TOTAL-LIABILITIES> 316,632
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,771,643
<SHARES-COMMON-STOCK> 605,259
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (18,122)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,951,719)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 563,016
<NET-ASSETS> 4,364,818
<DIVIDEND-INCOME> 30,756
<INTEREST-INCOME> 0
<OTHER-INCOME> (4,613)
<EXPENSES-NET> 96,568
<NET-INVESTMENT-INCOME> (70,425)
<REALIZED-GAINS-CURRENT> (758,543)
<APPREC-INCREASE-CURRENT> 879,651
<NET-CHANGE-FROM-OPS> 50,683
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,508,187
<NUMBER-OF-SHARES-REDEEMED> 2,459,335
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 557,660
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 36,190
<INTEREST-EXPENSE> 3,172
<GROSS-EXPENSE> 141,256
<AVERAGE-NET-ASSETS> 4,821,897
<PER-SHARE-NAV-BEGIN> 6.84
<PER-SHARE-NII> (0.112)
<PER-SHARE-GAIN-APPREC> 0.482
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 7.21
<EXPENSE-RATIO> 2.24
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 007
<NAME> WRIGHT EQUIFUND - MEXICO
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 9,010,177
<INVESTMENTS-AT-VALUE> 8,443,976
<RECEIVABLES> 20,032
<ASSETS-OTHER> 2,152
<OTHER-ITEMS-ASSETS> 319,830
<TOTAL-ASSETS> 8,785,990
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,388
<TOTAL-LIABILITIES> 49,388
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,445,421
<SHARES-COMMON-STOCK> 1,814,850
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 18,637
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,161,252)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (566,204)
<NET-ASSETS> 8,736,602
<DIVIDEND-INCOME> 254,518
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 248,062
<NET-INVESTMENT-INCOME> 6,456
<REALIZED-GAINS-CURRENT> 714,163
<APPREC-INCREASE-CURRENT> (8,039,713)
<NET-CHANGE-FROM-OPS> (7,319,094)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,939,804
<NUMBER-OF-SHARES-REDEEMED> 3,839,379
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (19,731,523)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 103,799
<INTEREST-EXPENSE> 4,590
<GROSS-EXPENSE> 261,879
<AVERAGE-NET-ASSETS> 14,220,721
<PER-SHARE-NAV-BEGIN> 7.66
<PER-SHARE-NII> 0.003
<PER-SHARE-GAIN-APPREC> (2.853)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 4.81
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
