WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from semi-annual
financial statements dated June 30, 2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 11,897,923
<INVESTMENTS-AT-VALUE> 17,390,965
<RECEIVABLES> 336,736
<ASSETS-OTHER> 1,043,550
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 18,771,251
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 122,673
<TOTAL-LIABILITIES> 122,673
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,960,513
<SHARES-COMMON-STOCK> 1,594,931
<SHARES-COMMON-PRIOR> 1,665,698
<ACCUMULATED-NII-CURRENT> (80,335)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,274,999
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,493,401
<NET-ASSETS> 18,648,578
<DIVIDEND-INCOME> 109,810
<INTEREST-INCOME> 21,253
<OTHER-INCOME> (10,475)
<EXPENSES-NET> 200,654
<NET-INVESTMENT-INCOME> (80,066)
<REALIZED-GAINS-CURRENT> 1,277,171
<APPREC-INCREASE-CURRENT> (2,157,917)
<NET-CHANGE-FROM-OPS> (960,812)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 188,785
<NUMBER-OF-SHARES-REDEEMED> (189,519)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (7,843)
<ACCUMULATED-NII-PRIOR> 292,690
<ACCUMULATED-GAINS-PRIOR> 926,544
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 92,006
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 200,654
<AVERAGE-NET-ASSETS> 18,502,285
<PER-SHARE-NAV-BEGIN> 12.29
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> (0.55)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.69
<EXPENSE-RATIO> 2.18
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
