<PAGE> 1
<TABLE>
1717 K Street, NW, Suite 707
Washington, DC 20006-1504
Telephone (202) 331-8055
Fax (202) 331-8190
TIN: 52-6220193
Participant I.D.: BTT027
TIN: 52-6127745
Distributions are: Reinvested
Mr. Dave Stupar, Executive Director
Bricklayers & Trowel Trades
Int'l. Pension Fund
815 Fifteenth Street, N.W.
Washington, DC 20005
<CAPTION>
CORRECTED STATEMENT
(CORRECTION ON 2ND PAGE TO DOLLAR WEIGHTED PERFORMANCE)
Investment Summary
July 1, 2000 - July 31, 2000
Transactions
Market Value Units this Total Investment
Date Description Dollar Amount per Unit Transaction Units Balance
<S> <C> <C> <C> <C> <C> <C>
7/01/00 Beginning Balance $1,044.2725 44,750.1827 $46,731,385.16
7/31/00 Total Income Distribution 274,101.41
7/31/00 Income Reinvestment 274,101.41 262.5244 45,012.7071 46,997,713.47
Ending Balance $1,044.0988 45,012.7071 $46,997,713.47
<CAPTION>
Monthly Income
Ordinary Operating Net Ordinary
Income Expenses Income Capital Gains Total Distribution
<S> <C> <C> <C> <C> <C>
Per Unit $6.4522671324 0.3271209976 6.1251461348 0.0000000000 6.1251461348
Participant Totals $288,740.13 14,638.72 274,101.41 0.00 274,101.41
<FN>
<F1>
All performance figures presented herein are based upon historical
results and do not assure future performance. Units may be worth
more or less at redemption than at original purchase.
Page 1 of 2
</FN>
<PAGE> 2
Participant ID: BTT027
Performance
July 1, 2000 - July 31, 2000
Since
Type of Return 1-Month 3-Month Y-T-D 1-Year 3-Year 5-Year 10-Year Inception
<S> <C> <C> <C> <C> <C> <C> <C> <C>
Trust Time-Weighted, Gross 0.60% 2.93% 5.24% 7.10% 5.90% 7.40% 8.34% --
Trust Time-Weighted, Net 0.57% 2.83% 4.99% 6.67% 5.48% 6.96% 7.84% --
Participant Dollar-Weighted, Net 0.57% 2.83% 4.99% 6.66% 5.48% 6.93% 7.78% 8.75%
<FN>
<F1>
Performance returns greater than one year are annualized.
All performance figures presented herein are based upon historical
results and do not assure future performance. Units may be worth
more or less at redemption than at original purchase.
Page 2 of 2
</FN>
</TABLE>
