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> 26,759,161
<INVESTMENTS-AT-VALUE> 29,851,075
<RECEIVABLES> 268,296
<ASSETS-OTHER> 282,379
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 30,401,750
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 232,206
<TOTAL-LIABILITIES> 232,206
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,579,110
<SHARES-COMMON-STOCK> 2,302,878
<SHARES-COMMON-PRIOR> 2,923,339
<ACCUMULATED-NII-CURRENT> 89,470
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,590,950)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,091,914
<NET-ASSETS> 30,169,544
<DIVIDEND-INCOME> 218,379
<INTEREST-INCOME> 11,384
<OTHER-INCOME> (6,082)
<EXPENSES-NET> 247,734
<NET-INVESTMENT-INCOME> (24,053)
<REALIZED-GAINS-CURRENT> (402,991)
<APPREC-INCREASE-CURRENT> 1,774,829
<NET-CHANGE-FROM-OPS> 1,347,785
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 620,110
<NUMBER-OF-SHARES-REDEEMED> 853,343
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (2,915,378)
<ACCUMULATED-NII-PRIOR> 267,165
<ACCUMULATED-GAINS-PRIOR> (1,432,342)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 149,157
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 247,734
<AVERAGE-NET-ASSETS> 29,995,627
<PER-SHARE-NAV-BEGIN> 12.51
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> .60
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.10
<EXPENSE-RATIO> 1.66
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
