WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 61,053,932
<INVESTMENTS-AT-VALUE> 64,782,186
<RECEIVABLES> 2,224,478
<ASSETS-OTHER> 130,260
<OTHER-ITEMS-ASSETS> 466,197
<TOTAL-ASSETS> 67,603,121
<PAYABLE-FOR-SECURITIES> 1,542,090
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 148,613
<TOTAL-LIABILITIES> 1,690,703
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,931,605
<SHARES-COMMON-STOCK> 2,046,160
<SHARES-COMMON-PRIOR> 1,540,817
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 17,254,681
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,726,132
<NET-ASSETS> 65,912,418
<DIVIDEND-INCOME> 179,101
<INTEREST-INCOME> 98,229
<OTHER-INCOME> 0
<EXPENSES-NET> (650,855)
<NET-INVESTMENT-INCOME> (373,525)
<REALIZED-GAINS-CURRENT> 17,074,377
<APPREC-INCREASE-CURRENT> (3,798,298)
<NET-CHANGE-FROM-OPS> 12,902,554
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2,370,795)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,062,438
<NUMBER-OF-SHARES-REDEEMED> (664,566)
<SHARES-REINVESTED> 107,471
<NET-CHANGE-IN-ASSETS> 25,045,344
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4,142,603
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 381,427
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 650,855
<AVERAGE-NET-ASSETS> 64,725,454
<PER-SHARE-NAV-BEGIN> 15.32
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> 5.19
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.93
<EXPENSE-RATIO> 1.87
</TABLE>
