<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 16937277
<INVESTMENTS-AT-VALUE> 22396240
<RECEIVABLES> 56478
<ASSETS-OTHER> 3128
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22455846
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 32787
<TOTAL-LIABILITIES> 32787
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 16882223
<SHARES-COMMON-STOCK> 1372100
<SHARES-COMMON-PRIOR> 1400763
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 81873
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5458963
<NET-ASSETS> 22423059
<DIVIDEND-INCOME> 29896
<INTEREST-INCOME> 20091
<OTHER-INCOME> 0
<EXPENSES-NET> 178003
<NET-INVESTMENT-INCOME> (128016)
<REALIZED-GAINS-CURRENT> 209889
<APPREC-INCREASE-CURRENT> 660310
<NET-CHANGE-FROM-OPS> 742183
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80119
<NUMBER-OF-SHARES-REDEEMED> 108782
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 290214
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 100130
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 178268
<AVERAGE-NET-ASSETS> 22247625
<PER-SHARE-NAV-BEGIN> 15.80
<PER-SHARE-NII> (.09)
<PER-SHARE-GAIN-APPREC> .63
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.34
<EXPENSE-RATIO> 1.60<F1>
<FN>
<F1>Ratio is annualized
</FN>
</TABLE>
