[ARTICLE] 6
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-2000
[PERIOD-END] JUN-30-2000
[INVESTMENTS-AT-COST] 32,208,849
[INVESTMENTS-AT-VALUE] 41,194,346
[RECEIVABLES] 58,797
[ASSETS-OTHER] 51
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 41,253,194
[PAYABLE-FOR-SECURITIES] 385,299
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 65,447
[TOTAL-LIABILITIES] 450,746
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 2,023,884
[SHARES-COMMON-PRIOR] 2,108,464
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,966,661
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,985,497
[NET-ASSETS] 40,802,448
[DIVIDEND-INCOME] 193,298
[INTEREST-INCOME] 92,100
[OTHER-INCOME] 0
[EXPENSES-NET] 287,134
[NET-INVESTMENT-INCOME] (1,736)
[REALIZED-GAINS-CURRENT] 1,505,972
[APPREC-INCREASE-CURRENT] (2,078,706)
[NET-CHANGE-FROM-OPS] (574,470)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 62,768
[NUMBER-OF-SHARES-REDEEMED] 147,348
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (2,313,269)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 1,462,425
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 183,675
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 287,134
[AVERAGE-NET-ASSETS] 43,321,393
[PER-SHARE-NAV-BEGIN] 20.45
[PER-SHARE-NII] (0.00)
[PER-SHARE-GAIN-APPREC] (0.29)
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 20.16
[EXPENSE-RATIO] 1.33
</TABLE>
