EQUITRUST VARIABLE INSURANCE SERIES FUND
NSAR-A, 1998-08-27
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0000811707
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 EQUITRUST VARIABLE INSURANCE SERIES FUND
001 B000000 811-5069
001 C000000 5152255400
002 A000000 5400 UNIVERSITY AVENUE
002 B000000 WEST DES MOINES
002 C000000 IA
002 D010000 50266
002 D020000 5997
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 VALUE GROWTH PORTFOLIO
007 C030100 N
007 C010200  2
007 C010300  3
007 C020300 HIGH GRADE BOND PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 HIGH YIELD BOND PORTFOLIO
007 C030400 N
007 C010500  5
007 C020500 MANAGED PORTFOLIO
007 C030500 N
007 C010600  6
007 C020600 MONEY MARKET PORTFOLIO
007 C030600 N
007 C010700  7
007 C020700 BLUE CHIP PORTFOLIO
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 EQUITRUST INVESTMENT MANAGEMENT SERVICES, INC
008 B00AA01 A
008 C00AA01 801-7655
008 D01AA01 WEST DES MOINES
008 D02AA01 IA
008 D03AA01 50266
<PAGE>      PAGE  2
008 D04AA01 5997
010 A00AA01 EQUITRUST INVESTMENT MANAGEMENT SERVICES, INC
010 C01AA01 WEST DES MOINES
010 C02AA01 IA
010 C03AA01 50266
010 C04AA01 5997
011 A00AA01 EQUITRUST INVESTMENT MANAGEMENT SERVICES, INC
011 B00AA01 8-15854
011 C01AA01 WEST DES MOINES
011 C02AA01 IA
011 C03AA01 50266
011 C04AA01 5997
012 A00AA01 EQUITRUST INVESTMENT MANAGEMENT SERVICES, INC
012 B00AA01 84-000201
012 C01AA01 WEST DES MOINES
012 C02AA01 IA
012 C03AA01 50266
012 C04AA01 5997
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 DES MOINES
013 B02AA01 IA
013 B03AA01 50309
013 B04AA01 2764
014 A00AA01 EQUITRUST MARKETING SERVICES, INC.
014 B00AA01 8-15855
014 A00AA02 EQUITRUST INVESTMENT MANAGEMENT SERVICES, INC
014 B00AA02 8-15854
015 A00AA01 BANKERS TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10005
015 E01AA01 X
020 A000001 DM KELLY & CO.
020 B000001 42-1439008
020 C000001     71
020 A000002 INTERSTATE GROUP
020 B000002 56-0276690
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020 A000003 SECURITIES CORP. OF IOWA
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<PAGE>      PAGE  3
020 A000007 A.G. EDWARDS & CO.
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022 C000001     33838
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022 C000002     40591
022 D000002      2288
022 A000003 FIRST CHICAGO CAPITAL MARKETS
022 B000003 36-3595942
022 C000003     32161
022 D000003      7919
022 A000004 HSBC SECURITIES, INC.
022 B000004 13-2650272
022 C000004     35210
022 D000004      4392
022 A000005 PRUDENTIAL BACHE
022 B000005 22-2347336
022 C000005     20984
022 D000005     11857
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022 B000006 42-0331193
022 C000006     21453
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022 A000007 GENERAL ELECTRIC
022 B000007 13-1500700
022 C000007     18505
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022 A000008 DONALDSON, LUFKIN & JENRETTE
022 B000008 13-2741729
022 C000008     12604
022 D000008      3736
022 A000009 CANTOR FITZGERALD SECURITIES CORP.
022 B000009 13-2698893
022 C000009      6600
022 D000009      6604
022 A000010 AMERICAN GENERAL FINANCE CORP.
022 B000010 35-0416090
<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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062 A000700 N
062 B000700   0.0
062 C000700   0.0
062 D000700   0.0
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   0.0
062 M000700   0.0
062 N000700   0.0
062 O000700   0.0
062 P000700   0.0
062 Q000700   0.0
<PAGE>      PAGE  19
062 R000700   0.0
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700     11813
071 B000700       464
071 C000700     38796
071 D000700    1
072 A000700  6
072 B000700      122
072 C000700      302
072 D000700        0
072 E000700        0
072 F000700       42
072 G000700        0
072 H000700        0
072 I000700        0
072 J000700        2
<PAGE>      PAGE  20
072 K000700        0
072 L000700        1
072 M000700        1
072 N000700        0
072 O000700        0
072 P000700        0
072 Q000700       10
072 R000700        0
072 S000700        0
072 T000700        0
072 U000700        0
072 V000700        0
072 W000700        1
072 X000700       57
072 Y000700        0
072 Z000700      367
072AA000700      194
072BB000700        0
072CC010700     5465
072CC020700        0
072DD010700        0
072DD020700        0
072EE000700        0
073 A010700   0.0000
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
074 A000700      349
074 B000700        0
074 C000700     6118
074 D000700        0
074 E000700        0
074 F000700    45446
074 G000700        0
074 H000700        0
074 I000700        0
074 J000700        0
074 K000700        0
074 L000700       61
074 M000700        1
074 N000700    51975
074 O000700        0
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700       13
074 S000700        0
074 T000700    51962
074 U010700     1435
<PAGE>      PAGE  21
074 U020700        0
074 V010700    36.21
074 V020700     0.00
074 W000700   0.0000
074 X000700        2
074 Y000700        0
075 A000700        0
075 B000700    43595
076  000700     0.00
SIGNATURE   KRISTI ROJOHN                                
TITLE       ASST SECRETARY      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> VUL VALUE GROWTH
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                         54046492
<INVESTMENTS-AT-VALUE>                        48583578
<RECEIVABLES>                                    42979
<ASSETS-OTHER>                                   82931
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                48709488
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        11998
<TOTAL-LIABILITIES>                              11998
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      51305334
<SHARES-COMMON-STOCK>                          4105048
<SHARES-COMMON-PRIOR>                          8455865
<ACCUMULATED-NII-CURRENT>                       373331
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2481739
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (5462914)
<NET-ASSETS>                                  48697490
<DIVIDEND-INCOME>                               199673
<INTEREST-INCOME>                               293437
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  128089
<NET-INVESTMENT-INCOME>                         365021
<REALIZED-GAINS-CURRENT>                       2938718
<APPREC-INCREASE-CURRENT>                    (6374937)
<NET-CHANGE-FROM-OPS>                        (3071198)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         700907
<NUMBER-OF-SHARES-REDEEMED>                      51787
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        10644755
<ACCUMULATED-NII-PRIOR>                           8310
<ACCUMULATED-GAINS-PRIOR>                     (456979)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           107256
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 128089
<AVERAGE-NET-ASSETS>                          47691458
<PER-SHARE-NAV-BEGIN>                            12.58
<PER-SHARE-NII>                                   0.09
<PER-SHARE-GAIN-APPREC>                           0.81
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              11.86
<EXPENSE-RATIO>                                   0.54
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> VUL HIGH GRADE BOND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                          7103056
<INVESTMENTS-AT-VALUE>                         7362564
<RECEIVABLES>                                  1229945
<ASSETS-OTHER>                                  117837
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7603396
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         8142
<TOTAL-LIABILITIES>                               8142
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7345002
<SHARES-COMMON-STOCK>                           747242
<SHARES-COMMON-PRIOR>                           531552
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (9256)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        259508
<NET-ASSETS>                                   7595254
<DIVIDEND-INCOME>                                 7800
<INTEREST-INCOME>                               214779
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   15856
<NET-INVESTMENT-INCOME>                         206723
<REALIZED-GAINS-CURRENT>                        (2362)
<APPREC-INCREASE-CURRENT>                        42499
<NET-CHANGE-FROM-OPS>                           246860
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       206723
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         206747
<NUMBER-OF-SHARES-REDEEMED>                      11488
<SHARES-REINVESTED>                              20431
<NET-CHANGE-IN-ASSETS>                         2220874
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                       (6894)
<OVERDISTRIB-NII-PRIOR>                              2
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             9316
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  15856
<AVERAGE-NET-ASSETS>                           6317446
<PER-SHARE-NAV-BEGIN>                            10.11
<PER-SHARE-NII>                                   0.34
<PER-SHARE-GAIN-APPREC>                           0.05
<PER-SHARE-DIVIDEND>                              0.34
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.16
<EXPENSE-RATIO>                                   0.51
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> VUL HIGH YIELD BOND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                         12156911
<INVESTMENTS-AT-VALUE>                        12532965
<RECEIVABLES>                                   219659
<ASSETS-OTHER>                                   75941
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                12828565
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         8844
<TOTAL-LIABILITIES>                               8844
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      12408800
<SHARES-COMMON-STOCK>                          1247406
<SHARES-COMMON-PRIOR>                           844823
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          34867
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        376054
<NET-ASSETS>                                  12819721
<DIVIDEND-INCOME>                                19197
<INTEREST-INCOME>                               384624
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   31593
<NET-INVESTMENT-INCOME>                         372228
<REALIZED-GAINS-CURRENT>                         22397
<APPREC-INCREASE-CURRENT>                        66118
<NET-CHANGE-FROM-OPS>                           460743
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       372228
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         393004
<NUMBER-OF-SHARES-REDEEMED>                      26221
<SHARES-REINVESTED>                              35800
<NET-CHANGE-IN-ASSETS>                         4196475
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                        12470
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            23314
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  31593
<AVERAGE-NET-ASSETS>                          10586130
<PER-SHARE-NAV-BEGIN>                            10.21
<PER-SHARE-NII>                                   0.36
<PER-SHARE-GAIN-APPREC>                           0.07
<PER-SHARE-DIVIDEND>                              0.36
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.28
<EXPENSE-RATIO>                                   0.60
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> VUL MANAGED
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                         56507992
<INVESTMENTS-AT-VALUE>                        55160859
<RECEIVABLES>                                   274092
<ASSETS-OTHER>                                  167409
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                55602360
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         8844
<TOTAL-LIABILITIES>                               8844
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      54567152
<SHARES-COMMON-STOCK>                          4452803
<SHARES-COMMON-PRIOR>                          3581522
<ACCUMULATED-NII-CURRENT>                      1130633
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        1242864
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (1347133)
<NET-ASSETS>                                  55593516
<DIVIDEND-INCOME>                               568548
<INTEREST-INCOME>                               676480
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  133346
<NET-INVESTMENT-INCOME>                        1111682
<REALIZED-GAINS-CURRENT>                       1231254
<APPREC-INCREASE-CURRENT>                    (2844020)
<NET-CHANGE-FROM-OPS>                        (1612766)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         921296
<NUMBER-OF-SHARES-REDEEMED>                      50015
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        10644755
<ACCUMULATED-NII-PRIOR>                          18951
<ACCUMULATED-GAINS-PRIOR>                        11610
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           113976
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 133346
<AVERAGE-NET-ASSETS>                          50963601
<PER-SHARE-NAV-BEGIN>                            12.55
<PER-SHARE-NII>                                   0.25
<PER-SHARE-GAIN-APPREC>                           0.31
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.49
<EXPENSE-RATIO>                                   0.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> VUL MONEY MARKET
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                          7063396
<INVESTMENTS-AT-VALUE>                         7063396
<RECEIVABLES>                                    12130
<ASSETS-OTHER>                                  551895
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 7627421
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         8621
<TOTAL-LIABILITIES>                               8621
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       7618800
<SHARES-COMMON-STOCK>                          7618800
<SHARES-COMMON-PRIOR>                          6077517
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                   7618800
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               166956
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   14452
<NET-INVESTMENT-INCOME>                         152504
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                           152504
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       152504
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       16029460
<NUMBER-OF-SHARES-REDEEMED>                   14596076
<SHARES-REINVESTED>                             107899
<NET-CHANGE-IN-ASSETS>                         1541283
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             7506
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  14452
<AVERAGE-NET-ASSETS>                           6052159
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.02
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                              0.02
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.45
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> VUL BLUE CHIP
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                         37932378
<INVESTMENTS-AT-VALUE>                        51563761
<RECEIVABLES>                                    60609
<ASSETS-OTHER>                                  350610
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                51974980
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        12949
<TOTAL-LIABILITIES>                              12949
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      37764248
<SHARES-COMMON-STOCK>                          1434863
<SHARES-COMMON-PRIOR>                          1027703
<ACCUMULATED-NII-CURRENT>                       368983
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         197417
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      13631383
<NET-ASSETS>                                  51962031
<DIVIDEND-INCOME>                               301957
<INTEREST-INCOME>                               122230
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   57349
<NET-INVESTMENT-INCOME>                         366838
<REALIZED-GAINS-CURRENT>                        193979
<APPREC-INCREASE-CURRENT>                      5464608
<NET-CHANGE-FROM-OPS>                          6025425
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         415129
<NUMBER-OF-SHARES-REDEEMED>                       7969
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        20097106
<ACCUMULATED-NII-PRIOR>                           2145
<ACCUMULATED-GAINS-PRIOR>                         3438
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            41620
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  57349
<AVERAGE-NET-ASSETS>                          43592150
<PER-SHARE-NAV-BEGIN>                            31.01
<PER-SHARE-NII>                                   0.26
<PER-SHARE-GAIN-APPREC>                           4.94
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              36.21
<EXPENSE-RATIO>                                   0.32
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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