N-Q

                                    Form N-Q

             QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
                          MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number: 811-3489

                         The Wright Managed Equity Trust
                       ------------------------------------
                 (Exact Name of Registrant as Specified in Charter)

   The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109
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                    (Address of Principal Executive Offices)

                                 Alan R. Dynner
   The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109
   ------------------------------------------------------------------------
                    (Name and Address of Agent for Services)

                                 (617) 482-8260
                                -----------------
                         (Registrant's Telephone Number)

                                   December 31
                                 --------------
                             Date of Fiscal Year End

                                 March 31, 2006
                               -----------------
                            Date of Reporting Period
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ITEM 1. SCHEDULE OF INVESTMENTS

FILERS: Insert Schedule of Investments Here

ITEM 2. CONTROLS AND PROCEDURES

(a) It is the conclusion of the  registrant's  principal  executive  officer and
principal  financial officer that the effectiveness of the registrant's  current
disclosure  controls and  procedures  (such  disclosure  controls and procedures
having  been  evaluated  within  90 days of the  date  of this  filing)  provide
reasonable  assurance  that the  information  required  to be  disclosed  by the
registrant has been recorded, processed, summarized and reported within the time
period  specified in the  Commission's  rules and forms and that the information
required to be disclosed by the registrant has been accumulated and communicated
to the registrant's  principal executive officer and principal financial officer
in order to allow timely decisions regarding required disclosure.

(b) There have been no significant changes in the registrant's internal controls
or in other factors that could significantly affect these controls subsequent to
the date of their  evaluation,  including any corrective  actions with regard to
significant deficiencies and material weaknesses.


ITEM 3. EXHIBITS

Certification of Principal  Executive Officer and Principal Financial Officer of
the Registrant as required by Rule 30a-2(a) under the Investment  Company Act of
1940(17CFR 270.30a-2(a)) is attached hereto as Exhibit 99Cert.

                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  Exchange  Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.

THE WRIGHT MANAGED EQUITY TRUST (ON BEHALF OF WRIGHT SELECTED BLUE CHIP EQUITIES
FIND, WRIGHT MAJOR BLUE CHIP EQUITIES FUND, AND WRIGHT  INTERNATIONAL  BLUE CHIP
EQUITIES FUND.


By:      /s/ Peter M. Donovan
       -----------------------
         Peter M. Donovan
         President


Date:    May 16,2006


Pursuant to the  requirements  of the  Securities  Exchange  Act of 1934 and the
Investment  Company  Act of  1940,  this  report  has been  signed  below by the
following  persons on behalf of the  registrant and in the capacities and on the
dates indicated.

By:      /s/ Barbara E. Campbell
         -------------------------
         Barbara E.Campbell
         Treasurer


Date:    May 16,2006


By:      /s/ Peter M. Donovan
         ---------------------
         Peter M. Donovan
         President

Date:    May 16,2006

EX-99.CERT

Form N-Q Item 3

                           CERTIFICATIONS

I, Peter M. Donovan, certify that:

1. I have reviewed this report on Form N-Q of  The Wright Managed Equity Trust
(on behalf of Wright Selected Blue Chip Equities Fund, Wright Major Blue Chip
Equities Fund and  Wright International Blue Chip Equities Fund);

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report
fairly present in all material respects the investments of the registrant as o
the end of the fiscal quarter for which the report is filed;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
rule 30a-3(c)  under the  Investment  Company Act of 1940) and internal  control
over  financial  reporting  (as defined in rule  30a-3(d)  under the  Investment
Company Act of 1940) for the registrant and have:

a) Designed such disclosure  controls and procedures,  or caused such disclosure
controls and  procedures to be designed  under our  supervision,  to ensure that
material  information  relating to the  registrant,  including its  consolidated
subsidiaries, is made known to us by others within those entities,  particularly
during the period in which this report is being prepared;

b) Designed  such  internal  control over  financial  reporting,  or caused such
internal control over financial  reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial  statements for external purposes in accordance
with generally accepted accounting principles;

c) Evaluated  the  effectiveness  of the  registrant's  disclosure  controls and
procedures and presented in this report our conclusions  about the effectiveness
of the disclosure controls and procedures,  as of a date within 90 days prior to
the filing date of this report based on such evaluation ; and

d) Disclosed in this report any change in the registrant's internal control over
financial  reporting that occurred  during the  registrant's  most recent fiscal
quarter that has  materially  affected,  or is  reasonably  likely to materially
affect, the registrant's internal control over financial reporting; and

5.  The  registrant's  other  certifying  officer  and I have  disclosed  to the
registrant's  auditors  and the audit  committee  of the  registrant's  board of
directors (or persons performing the equivalent functions):

a) All  significant  deficiencies  and  material  weaknesses  in the  design  or
operation of internal  controls over  financial  reporting  which are reasonably
likely  to  adversely  affect  the  registrant's  ability  to  record,  process,
summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's internal controls
over financial reporting.; and



Date: May 16,2006

/s/ Peter M. Donovan
- ------------------------
Peter M. Donovan
President

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EX-99.CERT

Form N-Q Item 3

                           CERTIFICATIONS

I, Barbara E.Campbell, certify that:

1. I have reviewed this report on Form N-Q of  The Wright Managed Equity Trust
(on behalf of Wright Selected Blue Chip Equities Fund, Wright Major Blue Chip
Equities Fund and  Wright International Blue Chip Equities Fund);

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report
fairly present in all material respects the investments of the registrant as of
the end of the fiscal quarter for which the report is filed;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
rule 30a-3(c)  under the  Investment  Company Act of 1940) and internal  control
over  financial  reporting  (as defined in rule  30a-3(d)  under the  Investment
Company Act of 1940) for the registrant and have:

a) Designed such disclosure  controls and procedures,  or caused such disclosure
controls and  procedures to be designed  under our  supervision,  to ensure that
material  information  relating to the  registrant,  including its  consolidated
subsidiaries, is made known to us by others within those entities,  particularly
during the period in which this report is being prepared;

b) Designed  such  internal  control over  financial  reporting,  or caused such
internal control over financial  reporting to be designed under our supervision,
to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial  statements for external purposes in accordance
with generally accepted accounting principles;

c) Evaluated  the  effectiveness  of the  registrant's  disclosure  controls and
procedures and presented in this report our conclusions  about the effectiveness
of the disclosure controls and procedures,  as of a date within 90 days prior to
the filing date of this report based on such evaluation ; and

d) Disclosed in this report any change in the registrant's internal control over
financial  reporting that occurred  during the  registrant's  most recent fiscal
quarter that has  materially  affected,  or is  reasonably  likely to materially
affect, the registrant's internal control over financial reporting; and

5.  The  registrant's  other  certifying  officer  and I have  disclosed  to the
registrant's  auditors  and the audit  committee  of the  registrant's  board of
directors (or persons performing the equivalent functions):

a) All  significant  deficiencies  and  material  weaknesses  in the  design  or
operation of internal  controls over  financial  reporting  which are reasonably
likely  to  adversely  affect  the  registrant's  ability  to  record,  process,
summarize, and report financial information; and

b) any fraud, whether or not material, that involves management or other
employees who have a significant role in the registrant's
internal controls over financial reporting.; and



Date: May 16,2006

/s/ Barbara E. Campbell
- ------------------------
Barbara E. Campbell
Treasurer

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