<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 51,513,678
<INVESTMENTS-AT-VALUE> 56,233,560
<RECEIVABLES> 2,398,754
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 841,796
<TOTAL-ASSETS> 59,474,110
<PAYABLE-FOR-SECURITIES> 852,749
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 117,594
<TOTAL-LIABILITIES> 970,343
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,628,166
<SHARES-COMMON-STOCK> 525,904
<SHARES-COMMON-PRIOR> 402,872
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,196,021
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4,679,580
<NET-ASSETS> 58,503,767
<DIVIDEND-INCOME> 388,865
<INTEREST-INCOME> 292,188
<OTHER-INCOME> 0
<EXPENSES-NET> (1,716,943)
<NET-INVESTMENT-INCOME> (1,035,890)
<REALIZED-GAINS-CURRENT> 10,183,396
<APPREC-INCREASE-CURRENT> (2,844,850)
<NET-CHANGE-FROM-OPS> 6,302,656
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (598,971)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 281,773
<NUMBER-OF-SHARES-REDEEMED> (167,537)
<SHARES-REINVESTED> 8,796
<NET-CHANGE-IN-ASSETS> 17,636,693
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4,142,603
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 774,570
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,716,943
<AVERAGE-NET-ASSETS> 64,575,020
<PER-SHARE-NAV-BEGIN> 15.36
<PER-SHARE-NII> (.24)
<PER-SHARE-GAIN-APPREC> 3.41
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.02
<EXPENSE-RATIO> 2.64
</TABLE>
