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<PAGE> PAGE 2
020 A000007 NATWEST SECURITIES
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<PAGE> PAGE 3
022 C000010 3263
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
086 B010000 0
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SIGNATURE THOMAS J. SAEGER
TITLE EXEC VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 106,821,416
<INVESTMENTS-AT-VALUE> 169,772,198
<RECEIVABLES> 2,663,220
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 172,538,060
<PAYABLE-FOR-SECURITIES> 1,209,393
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,759,987
<TOTAL-LIABILITIES> 2,969,380
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 106,626,368
<SHARES-COMMON-STOCK> 8,821,639
<SHARES-COMMON-PRIOR> 8,342,245
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<REALIZED-GAINS-CURRENT> 22,569,855
<APPREC-INCREASE-CURRENT> 17,738,854
<NET-CHANGE-FROM-OPS> 40,893,922
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 585,213
<DISTRIBUTIONS-OF-GAINS> 22,569,855
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 912,733
<NUMBER-OF-SHARES-REDEEMED> 1,561,078
<SHARES-REINVESTED> 1,127,739
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<ACCUMULATED-NII-PRIOR> 0
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</TABLE>
