MONTGOMERY FUNDS II
NSAR-A, 1999-03-01
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<PAGE>      PAGE  1
000 A000000 12/31/98
000 C000000 913130
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 THE MONTGOMERY FUNDS II
001 B000000 811-8064
001 C000000 4152486659
002 A000000 101 CALIFORNIA STREET
002 B000000 SAN FRANCISCO
002 C000000 CA
002 D010000 94111
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 MONTG INST'L SER: EMERGING MARKETS PORTFOLIO
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C020400 MONTGOMERY U.S. ASSET ALLOCATION FUND
007 C030400 N
007 C010500  5
007 C020500 MONTGOMERY INST'L SER: GROWTH FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 MONTGOMERY ASSET MANAGEMENT, LLC
008 B00AA01 A
008 C00AA01 801-36790
008 D01AA01 SAN FRANCISCO
008 D02AA01 CA
008 D03AA01 94111
010 A00AA01 MONTGOMERY ASSET MANAGEMENT, LLC
010 B00AA01 36790
010 C01AA01 SAN FRANCISCO
010 C02AA01 CA
010 C03AA01 94111
011 A00AA01 FUNDS DISTRIBUTOR, INC.
011 B00AA01 8-20518
<PAGE>      PAGE  2
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
012 A00AA01 DST SYSTEMS, INC.
012 B00AA01 84-999
012 C01AA01 KANSAS CITY
012 C02AA01 MO
012 C03AA01 64141
012 C04AA01 6073
013 A00AA01 PRICE WATERHOUSE COOPERS LLP
013 B01AA01 SAN FRANCISCO
013 B02AA01 CA
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014 A00AA01 BANKHAUS BAUER AKTIENGESELLSCHAFT
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014 A00AA02 CAISSE CENTRALE DE REESCOMPRE, S.A.
014 B00AA02 8-99999
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014 A00AA08 COMMERZ FINANCIAL PRODUCTS S.A.
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<PAGE>      PAGE  3
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014 A00AA24 VON DER HEYDT-KERSTEN & SOHNE
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014 A00AA25 WOODCOMMERZ N.V.
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014 A00AA28 CAPITAL INVESTMENT TRUST CORPORATION
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014 A00AA29 COMMERZ SECURITIES (JAPAN) COMPANY LTD.
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014 A00AA30 HISPANO COMMERZBANK (GIBRALTAR) LTD.
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014 A00AA31 KOREA INTERNATIONAL MERCHANT BANK LTD.
014 B00AA31 8-99999
014 A00AA32 P.T. BANK FINCONESIA
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014 A00AA33 UNIBANCO HOLDINGS S.A.
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014 A00AA34 ABC GESTION
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014 A00AA35 CCR-TITRISATION
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014 A00AA36 WOOD SECURITIES BV
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014 A00AA37 MAM SECURITIES, LLC
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015 A00AA01 CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
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015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   30
019 C00AA00 MONTGOMERY
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020 A000002 WARBURG (S.G), COMPANY
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<PAGE>      PAGE  4
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022 A000007 BEAR STEARNS & COMPANY, INC.
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<PAGE>      PAGE  5
022 A000008 UBS SECURITIES INC.
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<PAGE>      PAGE  6
062 Q00AA00   0.0
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078  000000 N
086 A010000      0
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037  000100 N
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039  000100 N
<PAGE>      PAGE  7
040  000100 N
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
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045  000100 Y
046  000100 N
047  000100 Y
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048 I010100        0
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048 J010100        0
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048 K010100   100000
048 K020100 0.900
049  000100 N
050  000100 N
051  000100 N
052  000100 N
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053 B000100 N
053 C000100 N
054 A000100 Y
054 B000100 Y
054 C000100 Y
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 Y
<PAGE>      PAGE  8
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100  2000000
066 A000100 Y
066 C000100 Y
067  000100 N
068 A000100 N
068 B000100 Y
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 Y
<PAGE>      PAGE  9
070 O010100 Y
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070 Q010100 N
070 Q020100 N
070 R010100 N
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<PAGE>      PAGE  10
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074 N000100   152480
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<PAGE>      PAGE  11
028 F010400      3184
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028 G010400     12009
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037  000400 N
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039  000400 Y
040  000400 Y
041  000400 Y
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042 C000400   0
042 D000400 100
042 E000400   0
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042 G000400   0
042 H000400   0
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045  000400 N
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055 A000400 N
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<PAGE>      PAGE  12
057  000400 N
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070 C020400 N
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070 D020400 N
070 E010400 Y
070 E020400 N
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070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
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070 L020400 Y
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070 O010400 Y
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
074 O000400      277
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<PAGE>      PAGE  15
040  000500 N
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042 D000500   0
042 E000500   0
042 F000500   0
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049  000500 N
050  000500 N
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053 B000500 N
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054 B000500 Y
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<PAGE>      PAGE  16
054 H000500 Y
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 Y
054 N000500 N
054 O000500 N
055 A000500 N
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<PAGE>      PAGE  17
070 O010500 Y
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<PAGE>      PAGE  18
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074 I000500       24
074 J000500        0
074 K000500       25
074 L000500     3979
074 M000500       27
074 N000500    87020
074 O000500     1894
074 P000500       19
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      142
074 S000500        0
074 T000500    84965
074 U010500     8403
074 U020500        0
074 V010500    10.11
074 V020500     0.00
074 W000500   0.0000
074 X000500      238
074 Y000500        0
075 A000500        0
075 B000500    39895
076  000500     0.00
SIGNATURE   KAREN JACOPPO-WOOD                           
TITLE       VP/ASST SECRETARY   
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 042
              <NAME> MONTGOMERY U.S. ASSET ALLOCATION FUND-CLASS P SHAR
       
<S>                                      <C>
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        JUN-30-1999
<PERIOD-END>                             DEC-31-1998
<INVESTMENTS-AT-COST>                                      110,155,242
<INVESTMENTS-AT-VALUE>                                     102,817,725
<RECEIVABLES>                                                6,482,628
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           236,894
<TOTAL-ASSETS>                                             109,537,247
<PAYABLE-FOR-SECURITIES>                                       276,871
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,533,516
<TOTAL-LIABILITIES>                                          1,810,387
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                        80,407
<SHARES-COMMON-STOCK>                                            4,620
<SHARES-COMMON-PRIOR>                                            3,714
<ACCUMULATED-NII-CURRENT>                                    4,027,448
<OVERDISTRIBUTION-NII>                                               0
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<OVERDISTRIBUTION-GAINS>                                             0
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<DIVIDEND-INCOME>                                            1,988,058
<INTEREST-INCOME>                                                    0
<OTHER-INCOME>                                                       0
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<NET-INVESTMENT-INCOME>                                      1,843,606
<REALIZED-GAINS-CURRENT>                                     1,052,838
<APPREC-INCREASE-CURRENT>                                   (6,894,409)
<NET-CHANGE-FROM-OPS>                                       (3,997,965)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                         (837)
<DISTRIBUTIONS-OF-GAINS>                                       (11,455)
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<NUMBER-OF-SHARES-SOLD>                                            120
<NUMBER-OF-SHARES-REDEEMED>                                       (128)
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<NET-CHANGE-IN-ASSETS>                                     (20,419,135)
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<PER-SHARE-NII>                                                   0.97
<PER-SHARE-GAIN-APPREC>                                          (1.56)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 041
              <NAME> MONTGOMERY U.S. ASSET ALLOCATION FUND-CLASS R SHAR
       
<S>                                      <C>
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        JUN-30-1999
<PERIOD-END>                             DEC-31-1998
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<INVESTMENTS-AT-VALUE>                                     102,817,725
<RECEIVABLES>                                                6,482,628
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           236,894
<TOTAL-ASSETS>                                             109,537,247
<PAYABLE-FOR-SECURITIES>                                       276,871
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                    1,533,516
<TOTAL-LIABILITIES>                                          1,810,387
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   109,677,272
<SHARES-COMMON-STOCK>                                        7,161,571
<SHARES-COMMON-PRIOR>                                        6,711,450
<ACCUMULATED-NII-CURRENT>                                    4,027,448
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                      1,279,251
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                    (7,337,518)
<NET-ASSETS>                                               107,659,685
<DIVIDEND-INCOME>                                            1,988,058
<INTEREST-INCOME>                                                    0
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 144,452
<NET-INVESTMENT-INCOME>                                      1,843,606
<REALIZED-GAINS-CURRENT>                                     1,052,838
<APPREC-INCREASE-CURRENT>                                   (6,894,409)
<NET-CHANGE-FROM-OPS>                                       (3,997,965)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                   (1,379,492)
<DISTRIBUTIONS-OF-GAINS>                                   (17,925,911)
<DISTRIBUTIONS-OTHER>                                                0
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<NUMBER-OF-SHARES-REDEEMED>                                 (1,728,221)
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<ACCUMULATED-GAINS-PRIOR>                                   19,956,327
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<PER-SHARE-NAV-BEGIN>                                            19.08
<PER-SHARE-NII>                                                   0.98
<PER-SHARE-GAIN-APPREC>                                          (1.01)
<PER-SHARE-DIVIDEND>                                             (0.93)
<PER-SHARE-DISTRIBUTIONS>                                        (3.09)
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              15.03
<EXPENSE-RATIO>                                                   0.25
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                            0.0000


</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 011
              <NAME> MONTGOMERY II INSTIT SERIES EMERG MKTS
       
<S>                                      <C>
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        JUN-30-1999
<PERIOD-END>                             DEC-31-1998
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<INVESTMENTS-AT-VALUE>                                     147,699,442
<RECEIVABLES>                                                3,323,125
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                         1,457,056
<TOTAL-ASSETS>                                             152,479,623
<PAYABLE-FOR-SECURITIES>                                       465,435
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      487,424
<TOTAL-LIABILITIES>                                            952,859
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                   244,087,902
<SHARES-COMMON-STOCK>                                        5,060,865
<SHARES-COMMON-PRIOR>                                        5,549,105
<ACCUMULATED-NII-CURRENT>                                     (649,397)
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                    (67,479,904)
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<OTHER-INCOME>                                                       0
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<NET-INVESTMENT-INCOME>                                        360,093
<REALIZED-GAINS-CURRENT>                                   (36,046,966)
<APPREC-INCREASE-CURRENT>                                    5,722,223
<NET-CHANGE-FROM-OPS>                                      (29,964,650)
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                      (13,008)
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<NUMBER-OF-SHARES-SOLD>                                         79,078
<NUMBER-OF-SHARES-REDEEMED>                                   (567,618)
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<ACCUMULATED-NII-PRIOR>                                              0
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<GROSS-EXPENSE>                                              1,223,286
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<PER-SHARE-NAV-BEGIN>                                            35.61
<PER-SHARE-NII>                                                   0.07
<PER-SHARE-GAIN-APPREC>                                          (5.74)
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<PER-SHARE-DISTRIBUTIONS>                                         0.00
<RETURNS-OF-CAPITAL>                                              0.00
<PER-SHARE-NAV-END>                                              29.94
<EXPENSE-RATIO>                                                   1.25
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
              <NUMBER> 051
              <NAME> MONTGOMERY II INSTIT SERIES INTL GROWTH
       
<S>                                      <C>
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        JUN-30-1999
<PERIOD-END>                             DEC-31-1998
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<RECEIVABLES>                                                4,004,296
<ASSETS-OTHER>                                                       0
<OTHER-ITEMS-ASSETS>                                           412,911
<TOTAL-ASSETS>                                              87,019,911
<PAYABLE-FOR-SECURITIES>                                     1,893,902
<SENIOR-LONG-TERM-DEBT>                                              0
<OTHER-ITEMS-LIABILITIES>                                      160,674
<TOTAL-LIABILITIES>                                          2,054,576
<SENIOR-EQUITY>                                                      0
<PAID-IN-CAPITAL-COMMON>                                    80,119,181
<SHARES-COMMON-STOCK>                                        8,402,832
<SHARES-COMMON-PRIOR>                                                0
<ACCUMULATED-NII-CURRENT>                                      138,315
<OVERDISTRIBUTION-NII>                                               0
<ACCUMULATED-NET-GAINS>                                     (1,713,046)
<OVERDISTRIBUTION-GAINS>                                             0
<ACCUM-APPREC-OR-DEPREC>                                     6,420,885
<NET-ASSETS>                                                84,965,335
<DIVIDEND-INCOME>                                              114,500
<INTEREST-INCOME>                                              204,022
<OTHER-INCOME>                                                       0
<EXPENSES-NET>                                                 180,207
<NET-INVESTMENT-INCOME>                                        138,315
<REALIZED-GAINS-CURRENT>                                    (1,713,046)
<APPREC-INCREASE-CURRENT>                                    6,420,885
<NET-CHANGE-FROM-OPS>                                        4,846,154
<EQUALIZATION>                                                       0
<DISTRIBUTIONS-OF-INCOME>                                            0
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<NUMBER-OF-SHARES-SOLD>                                      8,702,235
<NUMBER-OF-SHARES-REDEEMED>                                   (299,403)
<SHARES-REINVESTED>                                                  0
<NET-CHANGE-IN-ASSETS>                                      84,965,335
<ACCUMULATED-NII-PRIOR>                                              0
<ACCUMULATED-GAINS-PRIOR>                                            0
<OVERDISTRIB-NII-PRIOR>                                              0
<OVERDIST-NET-GAINS-PRIOR>                                           0
<GROSS-ADVISORY-FEES>                                                0
<INTEREST-EXPENSE>                                                   0
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<AVERAGE-NET-ASSETS>                                        39,894,775
<PER-SHARE-NAV-BEGIN>                                            10.00
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<RETURNS-OF-CAPITAL>                                              0.00
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<EXPENSE-RATIO>                                                   0.90
<AVG-DEBT-OUTSTANDING>                                               0
<AVG-DEBT-PER-SHARE>                                                 0


</TABLE>


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