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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 13
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SIGNATURE JOHN H. COSTELLO
TITLE ASST. TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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0
<PAID-IN-CAPITAL-COMMON>
209,247
<SHARES-COMMON-STOCK>
12,302
<SHARES-COMMON-PRIOR>
11,353
<ACCUMULATED-NII-CURRENT>
(223)
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(2,870)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
16,166
<NET-ASSETS>
222,320
<DIVIDEND-INCOME>
1,392
<INTEREST-INCOME>
272
<OTHER-INCOME>
(20)
<EXPENSES-NET>
1,867
<NET-INVESTMENT-INCOME>
(223)
<REALIZED-GAINS-CURRENT>
(2,250)
<APPREC-INCREASE-CURRENT>
12,073
<NET-CHANGE-FROM-OPS>
9,600
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
0
<DISTRIBUTIONS-OF-GAINS>
3,086
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3,873
<NUMBER-OF-SHARES-REDEEMED>
3,096
<SHARES-REINVESTED>
173
<NET-CHANGE-IN-ASSETS>
22,959
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
2,915
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
762
<INTEREST-EXPENSE>
2
<GROSS-EXPENSE>
1,892
<AVERAGE-NET-ASSETS>
198,204
<PER-SHARE-NAV-BEGIN>
17.560
<PER-SHARE-NII>
(.020)
<PER-SHARE-GAIN-APPREC>
.790
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.260
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
18.070
<EXPENSE-RATIO>
192
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
