<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-1999
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 12,721,575
<INVESTMENTS-AT-VALUE> 18,688,555
<RECEIVABLES> 302,670
<ASSETS-OTHER> 5806
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18,997,031
<PAYABLE-FOR-SECURITIES> 119,467
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 174,508
<TOTAL-LIABILITIES> 293,975
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,876,765
<SHARES-COMMON-STOCK> 109,323
<SHARES-COMMON-PRIOR> 113,066
<ACCUMULATED-NII-CURRENT> (3,964)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,253,732)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,974,664
<NET-ASSETS> 18,703,056
<DIVIDEND-INCOME> 170,105
<INTEREST-INCOME> 39,034
<OTHER-INCOME> 0
<EXPENSES-NET> 310,997
<NET-INVESTMENT-INCOME> (101,858)
<REALIZED-GAINS-CURRENT> 1,609,944
<APPREC-INCREASE-CURRENT> 4,596,043
<NET-CHANGE-FROM-OPS> 6,104,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,931,278
<NUMBER-OF-SHARES-REDEEMED> (6,057,425)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,977,982
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 123,471
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 567,314
<AVERAGE-NET-ASSETS> 16,423,507
<PER-SHARE-NAV-BEGIN> 11.63
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 5.57
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.11
<EXPENSE-RATIO> 1.89
</TABLE>
