<TABLE> <S> <C>
<ARTICLE> 6
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 163670
<INVESTMENTS-AT-VALUE> 160776
<RECEIVABLES> 304
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 161081
<PAYABLE-FOR-SECURITIES> 1246
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 288
<TOTAL-LIABILITIES> 1534
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 143732
<SHARES-COMMON-STOCK> 9951
<SHARES-COMMON-PRIOR> 7547
<ACCUMULATED-NII-CURRENT> (409)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 18322
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2098)
<NET-ASSETS> 159547
<DIVIDEND-INCOME> 911
<INTEREST-INCOME> 874
<OTHER-INCOME> 2
<EXPENSES-NET> 1698
<NET-INVESTMENT-INCOME> 89
<REALIZED-GAINS-CURRENT> 19622
<APPREC-INCREASE-CURRENT> (68851)
<NET-CHANGE-FROM-OPS> (49140)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (45)
<DISTRIBUTIONS-OF-GAINS> (63221)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3170
<NUMBER-OF-SHARES-REDEEMED> (10822)
<SHARES-REINVESTED> 57928
<NET-CHANGE-IN-ASSETS> (62130)
<ACCUMULATED-NII-PRIOR> (1215)
<ACCUMULATED-GAINS-PRIOR> 62683
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 891
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1698
<AVERAGE-NET-ASSETS> 178994
<PER-SHARE-NAV-BEGIN> 29.37
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> (5.04)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 8.38
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.03
<EXPENSE-RATIO> 1.9
</TABLE>