WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 20,295,428
<INVESTMENTS-AT-VALUE> 12,911,152
<RECEIVABLES> 69,150
<ASSETS-OTHER> 121,105
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13,101,407
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 102,993
<TOTAL-LIABILITIES> 102,993
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 42,548,236
<SHARES-COMMON-STOCK> 42,548,236
<SHARES-COMMON-PRIOR> 47,264,388
<ACCUMULATED-NII-CURRENT> 223,185
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (22,388,189)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (7,384,818)
<NET-ASSETS> 12,998,414
<DIVIDEND-INCOME> 699,756
<INTEREST-INCOME> 12,147
<OTHER-INCOME> 0
<EXPENSES-NET> 347,673
<NET-INVESTMENT-INCOME> 364,230
<REALIZED-GAINS-CURRENT> (4,238,656)
<APPREC-INCREASE-CURRENT> 3,781,035
<NET-CHANGE-FROM-OPS> (93,391)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (410,071)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 859,456
<NUMBER-OF-SHARES-REDEEMED> (1,754,134)
<SHARES-REINVESTED> 67,041
<NET-CHANGE-IN-ASSETS> (4,679,602)
<ACCUMULATED-NII-PRIOR> 236,832
<ACCUMULATED-GAINS-PRIOR> (18,153,439)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 121,470
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,898
<AVERAGE-NET-ASSETS> 16,232,285
<PER-SHARE-NAV-BEGIN> 5.44
<PER-SHARE-NII> .15
<PER-SHARE-GAIN-APPREC> (.27)
<PER-SHARE-DIVIDEND> (.15)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.17
<EXPENSE-RATIO> 2.15
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>