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SIGNATURE DAN FOLEY
TITLE FUND ADMINISTRATOR
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 57,599
<TOTAL-LIABILITIES> 441,399
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,380,481
<SHARES-COMMON-STOCK> 2,744,138
<SHARES-COMMON-PRIOR> 102,189
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 14,707
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 2,551,342
<ACCUM-APPREC-OR-DEPREC> 2,648,805
<NET-ASSETS> 42,463,237
<DIVIDEND-INCOME> 53,299
<INTEREST-INCOME> 28,158
<OTHER-INCOME> 0
<EXPENSES-NET> 96,164
<NET-INVESTMENT-INCOME> (14,707)
<REALIZED-GAINS-CURRENT> (2,537,115)
<APPREC-INCREASE-CURRENT> 2,603,370
<NET-CHANGE-FROM-OPS> 51,548
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 273
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,692,146
<NUMBER-OF-SHARES-REDEEMED> 50,218
<SHARES-REINVESTED> 21
<NET-CHANGE-IN-ASSETS> 41,408,798
<ACCUMULATED-NII-PRIOR> 273
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 14,227
<GROSS-ADVISORY-FEES> 68,688
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 189,683
<AVERAGE-NET-ASSETS> 13,775,448
<PER-SHARE-NAV-BEGIN> 10.32
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> 5.16
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.47
<EXPENSE-RATIO> 1.40
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
