WOODWARD VARIABLE ANNUITY FUND
NSAR-A, 1996-08-29
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<PAGE>      PAGE  1
000 A000000 06/30/96
000 C000000 0000932736
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 THE WOODWARD VARIABLE ANNUITY FUND
001 B000000 811-8854
001 C000000 3132590729
002 A000000 C/O NBD BANK  P.O. BOX 7058
002 B000000 TROY
002 C000000 MI
002 D010000 48007
002 D020000 7058
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 WOODWARD BALANCED FUND
007 C030100 N
007 C010200  2
007 C020200 WOODWARD GROWTH/VALUE FUND
007 C030200 N
007 C010300  3
007 C020300 WOODWARD OPPORTUNITY FUND
007 C030300 N
007 C010400  4
007 C020400 WOODWARD CAPITAL GROWTH FUND
007 C030400 N
007 C010500  5
007 C020500 WOODWARD MONEY MARKET FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 NBD BANK
008 B00AA01 A
008 C00AA01 801-5148
008 D01AA01 DETROIT
008 D02AA01 MI
008 D03AA01 48226
010 A00AA01 NBD BANK
010 B00AA01 5148
<PAGE>      PAGE  2
010 C01AA01 DETROIT
010 C02AA01 MI
010 C03AA01 48226
011 A00AA01 FIRST OF MICHIGAN CORPORATION
011 B00AA01 8-17209
011 C01AA01 DETROIT
011 C02AA01 MI
011 C03AA01 48243
011 A00AA02 ESSEX NATIONAL SECURITIES, INC.
011 B00AA02 8-25454
011 C01AA02 NAPA
011 C02AA02 CA
011 C03AA02 94558
012 A00AA01 NBD BANK
012 B00AA01 85-5148
012 C01AA01 TROY
012 C02AA01 MI
012 C03AA01 48007
012 C04AA01 7058
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 DETROIT
013 B02AA01 MI
013 B03AA01 48226
013 B04AA01 3424
015 A00AA01 NBD BANK
015 B00AA01 C
015 C01AA01 DETROIT
015 C02AA01 MI
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015 E01AA01 X
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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054 I00AA00 N
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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072 N000400        1
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400       10
072 S000400        2
072 T000400        3
072 U000400        3
072 V000400        0
072 W000400        0
072 X000400       55
072 Y000400       14
072 Z000400        6
072AA000400       26
072BB000400        0
072CC010400      446
072CC020400        0
072DD010400        6
072DD020400        0
072EE000400        0
073 A010400   0.0090
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400        0
074 B000400      274
074 C000400        0
074 D000400        0
074 E000400        0
074 F000400     7606
074 G000400        0
074 H000400        0
074 I000400        0
074 J000400        0
074 K000400        0
<PAGE>      PAGE  20
074 L000400       21
074 M000400       36
074 N000400     7937
074 O000400        0
074 P000400        6
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400        0
074 S000400        0
074 T000400     7931
074 U010400      652
074 U020400        0
074 V010400    12.17
074 V020400     0.00
074 W000400   0.0000
074 X000400        2
074 Y000400        0
075 A000400        0
075 B000400     7296
076  000400     0.00
028 A010500        66
028 A020500         5
028 A030500         0
028 A040500        36
028 B010500        59
028 B020500         5
028 B030500         0
028 B040500         0
028 C010500        10
028 C020500         5
028 C030500         0
028 C040500        44
028 D010500        27
028 D020500         5
028 D030500         0
028 D040500         8
028 E010500        24
028 E020500         5
028 E030500         0
028 E040500         1
028 F010500        16
028 F020500         5
028 F030500         0
028 F040500         3
028 G010500       202
028 G020500        30
028 G030500         0
028 G040500        92
028 H000500         0
<PAGE>      PAGE  21
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.450
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
062 A000500 Y
062 B000500   0.0
062 C000500   3.2
062 D000500  33.4
062 E000500   0.0
062 F000500   1.6
062 G000500   3.1
062 H000500   0.0
062 I000500  53.3
062 J000500   0.0
062 K000500   0.0
062 L000500   5.4
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
063 A000500  78
063 B000500  0.0
064 A000500 Y
064 B000500 N
066 A000500 N
067  000500 N
068 A000500 N
<PAGE>      PAGE  22
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 Y
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500         0
071 B000500         0
071 C000500         0
071 D000500    0
072 A000500  6
072 B000500       33
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500        3
072 G000500        0
072 H000500        0
072 I000500        0
<PAGE>      PAGE  23
072 J000500        3
072 K000500        0
072 L000500        2
072 M000500        0
072 N000500        0
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500       10
072 S000500        2
072 T000500        3
072 U000500        3
072 V000500        0
072 W000500        0
072 X000500       26
072 Y000500       23
072 Z000500       30
072AA000500        0
072BB000500        0
072CC010500        0
072CC020500        0
072DD010500       30
072DD020500        0
072EE000500        0
073 A010500   0.0239
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500      428
074 C000500      852
074 D000500        0
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500        6
074 M000500       32
074 N000500     1318
074 O000500        0
074 P000500        1
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500        1
074 S000500        0
074 T000500     1316
<PAGE>      PAGE  24
074 U010500     1316
074 U020500        0
074 V010500     1.00
074 V020500     0.00
074 W000500   1.0002
074 X000500        2
074 Y000500        0
075 A000500     1264
075 B000500        0
076  000500     0.00
SIGNATURE   DANE CRIGER                                  
TITLE       VICE PRESIDENT      
 

<TABLE> <S> <C>

<ARTICLE>                                                            6
<CIK>                            0000932736
<NAME>                           THE WOODWARD VARIABLE ANNUITY FUND
<SERIES>
<NUMBER>                                                             1
<NAME>                           WOODWARD BALANCED FUND
<MULTIPLIER>                                                         1
<CURRENCY>                       U.S. DOLLARS
<PERIOD-TYPE>                    6-MOS
<FISCAL-YEAR-END>                DEC-31-1996
<PERIOD-START>                   JAN-01-1996
<PERIOD-END>                     JUN-30-1996
<EXCHANGE-RATE>                  1
<INVESTMENTS-AT-COST>            13,478
<INVESTMENTS-AT-VALUE>           14,281
<RECEIVABLES>                    109
<ASSETS-OTHER>                   33
<OTHER-ITEMS-ASSETS>             0
<TOTAL-ASSETS>                   14,423
<PAYABLE-FOR-SECURITIES>         102
<SENIOR-LONG-TERM-DEBT>          0
<OTHER-ITEMS-LIABILITIES>        12
<TOTAL-LIABILITIES>              114
<SENIOR-EQUITY>                  0
<PAID-IN-CAPITAL-COMMON>         13,239
<SHARES-COMMON-STOCK>            1,243
<SHARES-COMMON-PRIOR>            995
<ACCUMULATED-NII-CURRENT>        0
<OVERDISTRIBUTION-NII>           (18)
<ACCUMULATED-NET-GAINS>          285
<OVERDISTRIBUTION-GAINS>         0
<ACCUM-APPREC-OR-DEPREC>         803
<NET-ASSETS>                     14,309
<DIVIDEND-INCOME>                60
<INTEREST-INCOME>                211
<OTHER-INCOME>                   0
<EXPENSES-NET>                   54
<NET-INVESTMENT-INCOME>          217
<REALIZED-GAINS-CURRENT>         233
<APPREC-INCREASE-CURRENT>        50
<NET-CHANGE-FROM-OPS>            500
<EQUALIZATION>                   0
<DISTRIBUTIONS-OF-INCOME>        (237)
<DISTRIBUTIONS-OF-GAINS>         0
<DISTRIBUTIONS-OTHER>            0
<NUMBER-OF-SHARES-SOLD>          245
<NUMBER-OF-SHARES-REDEEMED>      19
<SHARES-REINVESTED>              21
<NET-CHANGE-IN-ASSETS>           3,098
<ACCUMULATED-NII-PRIOR>          2
<ACCUMULATED-GAINS-PRIOR>        52
<OVERDISTRIB-NII-PRIOR>          0
<OVERDIST-NET-GAINS-PRIOR>       0
<GROSS-ADVISORY-FEES>            48
<INTEREST-EXPENSE>               0
<GROSS-EXPENSE>                  54
<AVERAGE-NET-ASSETS>             14,301
<PER-SHARE-NAV-BEGIN>            11.27
<PER-SHARE-NII>                  0.19
<PER-SHARE-GAIN-APPREC>          0.26
<PER-SHARE-DIVIDEND>             (0.20)
<PER-SHARE-DISTRIBUTIONS>        0
<RETURNS-OF-CAPITAL>             0
<PER-SHARE-NAV-END>              11.52
<EXPENSE-RATIO>                  0.85
<AVG-DEBT-OUTSTANDING>           0
<AVG-DEBT-PER-SHARE>             0

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                6
<LEGEND>
<RESTATED>
<CIK>                             0000932736
<NAME>                            THE WOODWARD VARIABLE ANNUITY FUND
<SERIES>
<NUMBER>                                 2
<NAME>                            WOODWARD GROWTH/VALUE
<MULTIPLIER>                             1
<CURRENCY>                        U.S. DOLLARS
<PERIOD-TYPE>                     6-MOS
<FISCAL-YEAR-END>                      DEC-31-1996
<PERIOD-START>                         JAN-01-1996
<PERIOD-END>                           JUN-30-1996
<EXCHANGE-RATE>                        1
<INVESTMENTS-AT-COST>                  4,813
<INVESTMENTS-AT-VALUE>                 5,291
<RECEIVABLES>                          36
<ASSETS-OTHER>                         35
<OTHER-ITEMS-ASSETS>                   0
<TOTAL-ASSETS>                         5,362
<PAYABLE-FOR-SECURITIES>               0
<SENIOR-LONG-TERM-DEBT>                0
<OTHER-ITEMS-LIABILITIES>              6
<TOTAL-LIABILITIES>                    6
<SENIOR-EQUITY>                        0
<PAID-IN-CAPITAL-COMMON>               4,687
<SHARES-COMMON-STOCK>                  428
<SHARES-COMMON-PRIOR>                  323
<ACCUMULATED-NII-CURRENT>              2
<OVERDISTRIBUTION-NII>                 0
<ACCUMULATED-NET-GAINS>                187
<OVERDISTRIBUTION-GAINS>               0
<ACCUM-APPREC-OR-DEPREC>               479
<NET-ASSETS>                           5,355
<DIVIDEND-INCOME>                      44
<INTEREST-INCOME>                      6
<OTHER-INCOME>                         0
<EXPENSES-NET>                         20
<NET-INVESTMENT-INCOME>                30
<REALIZED-GAINS-CURRENT>               155
<APPREC-INCREASE-CURRENT>              168
<NET-CHANGE-FROM-OPS>                  353
<EQUALIZATION>                         0
<DISTRIBUTIONS-OF-INCOME>              (28)
<DISTRIBUTIONS-OF-GAINS>               0
<DISTRIBUTIONS-OTHER>                  0
<NUMBER-OF-SHARES-SOLD>                121
<NUMBER-OF-SHARES-REDEEMED>            18
<SHARES-REINVESTED>                    2
<NET-CHANGE-IN-ASSETS>                 1,601
<ACCUMULATED-NII-PRIOR>                0
<ACCUMULATED-GAINS-PRIOR>              32
<OVERDISTRIB-NII-PRIOR>                0
<OVERDIST-NET-GAINS-PRIOR>             0
<GROSS-ADVISORY-FEES>                  17
<INTEREST-EXPENSE>                     0
<GROSS-EXPENSE>                        20
<AVERAGE-NET-ASSETS>                   4,617
<PER-SHARE-NAV-BEGIN>                  11.63
<PER-SHARE-NII>                        0.08
<PER-SHARE-GAIN-APPREC>                0.88
<PER-SHARE-DIVIDEND>                   (0.07)
<PER-SHARE-DISTRIBUTIONS>              0
<RETURNS-OF-CAPITAL>                   0
<PER-SHARE-NAV-END>                    12.52
<EXPENSE-RATIO>                        0.85
<AVG-DEBT-OUTSTANDING>                 0
<AVG-DEBT-PER-SHARE>                   0

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                        6
<CIK>                                     0000932736
<NAME>                                    THE WOODWARD VARIABLE ANNUITY FUND
<SERIES>
<NUMBER>                                         3
<NAME>                                    WOODWARD OPPORTUNITY FUND
<MULTIPLIER>                                     1
<CURRENCY>                                U.S. DOLLARS
<PERIOD-TYPE>                             6-MOS
<FISCAL-YEAR-END>                              DEC-31-1996
<PERIOD-START>                                 JAN-01-1996
<PERIOD-END>                                   JUN-30-1996
<EXCHANGE-RATE>                                1
<INVESTMENTS-AT-COST>                          5,462
<INVESTMENTS-AT-VALUE>                         6,150
<RECEIVABLES>                                  15
<ASSETS-OTHER>                                 35
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 6,200
<PAYABLE-FOR-SECURITIES>                       18
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      6
<TOTAL-LIABILITIES>                            24
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       5,438
<SHARES-COMMON-STOCK>                          508
<SHARES-COMMON-PRIOR>                          451
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        50
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       688
<NET-ASSETS>                                   6,176
<DIVIDEND-INCOME>                              25
<INTEREST-INCOME>                              6
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 24
<NET-INVESTMENT-INCOME>                        7
<REALIZED-GAINS-CURRENT>                       87
<APPREC-INCREASE-CURRENT>                      452
<NET-CHANGE-FROM-OPS>                          546
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      7
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        74
<NUMBER-OF-SHARES-REDEEMED>                    (18)
<SHARES-REINVESTED>                            1
<NET-CHANGE-IN-ASSETS>                         1,204
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      (37)
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          21
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                24
<AVERAGE-NET-ASSETS>                           5,601
<PER-SHARE-NAV-BEGIN>                          11.02
<PER-SHARE-NII>                                0.01
<PER-SHARE-GAIN-APPREC>                        1.14
<PER-SHARE-DIVIDEND>                           (0.01)
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            12.16
<EXPENSE-RATIO>                                0.85
<AVG-DEBT-OUTSTANDING>                         0
<AVG-DEBT-PER-SHARE>                           0

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                       6
<CIK>                                    0000932736
<NAME>                                   THE WOODWARD VARIABLE ANNUITY FUND
<SERIES>
<NUMBER>                                        4
<NAME>                                   WOODWARD CAPITAL GROWTH FUND
<MULTIPLIER>                                    1
<CURRENCY>                               U.S. DOLLARS
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                             DEC-31-1996
<PERIOD-START>                                JAN-01-1996
<PERIOD-END>                                  JUN-30-1996
<EXCHANGE-RATE>                               1
<INVESTMENTS-AT-COST>                         6,923
<INVESTMENTS-AT-VALUE>                        7,880
<RECEIVABLES>                                 21
<ASSETS-OTHER>                                36
<OTHER-ITEMS-ASSETS>                          0
<TOTAL-ASSETS>                                7,937
<PAYABLE-FOR-SECURITIES>                      0
<SENIOR-LONG-TERM-DEBT>                       0
<OTHER-ITEMS-LIABILITIES>                     6
<TOTAL-LIABILITIES>                           6
<SENIOR-EQUITY>                               0
<PAID-IN-CAPITAL-COMMON>                      6,943
<SHARES-COMMON-STOCK>                         652
<SHARES-COMMON-PRIOR>                         566
<ACCUMULATED-NII-CURRENT>                     1
<OVERDISTRIBUTION-NII>                        0
<ACCUMULATED-NET-GAINS>                       30
<OVERDISTRIBUTION-GAINS>                      0
<ACCUM-APPREC-OR-DEPREC>                      957
<NET-ASSETS>                                  7,931
<DIVIDEND-INCOME>                             40
<INTEREST-INCOME>                             7
<OTHER-INCOME>                                0
<EXPENSES-NET>                                41
<NET-INVESTMENT-INCOME>                       6
<REALIZED-GAINS-CURRENT>                      26
<APPREC-INCREASE-CURRENT>                     446
<NET-CHANGE-FROM-OPS>                         478
<EQUALIZATION>                                0
<DISTRIBUTIONS-OF-INCOME>                     6
<DISTRIBUTIONS-OF-GAINS>                      0
<DISTRIBUTIONS-OTHER>                         0
<NUMBER-OF-SHARES-SOLD>                       97
<NUMBER-OF-SHARES-REDEEMED>                   (12)
<SHARES-REINVESTED>                           0
<NET-CHANGE-IN-ASSETS>                        1,496
<ACCUMULATED-NII-PRIOR>                       0
<ACCUMULATED-GAINS-PRIOR>                     4
<OVERDISTRIB-NII-PRIOR>                       0
<OVERDIST-NET-GAINS-PRIOR>                    0
<GROSS-ADVISORY-FEES>                         27
<INTEREST-EXPENSE>                            0
<GROSS-EXPENSE>                               41
<AVERAGE-NET-ASSETS>                          7,296
<PER-SHARE-NAV-BEGIN>                         11.37
<PER-SHARE-NII>                               0.01
<PER-SHARE-GAIN-APPREC>                       0.80
<PER-SHARE-DIVIDEND>                          (0.01)
<PER-SHARE-DISTRIBUTIONS>                     0
<RETURNS-OF-CAPITAL>                          0
<PER-SHARE-NAV-END>                           12.17
<EXPENSE-RATIO>                               0.85
<AVG-DEBT-OUTSTANDING>                        0
<AVG-DEBT-PER-SHARE>                          0

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                   6
<CIK>                                 0000932736
<NAME>                                THE WOODWARD VARIABLE ANNUITY FUND
<SERIES>
<NUMBER>                                    5
<NAME>                                WOODWARD MONEY MARKET FUND
<MULTIPLIER>                                1
<CURRENCY>                            U.S. DOLLARS
<PERIOD-TYPE>                         6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                            1
<INVESTMENTS-AT-COST>                      1,273
<INVESTMENTS-AT-VALUE>                     1,280
<RECEIVABLES>                              6
<ASSETS-OTHER>                             32
<OTHER-ITEMS-ASSETS>                       0
<TOTAL-ASSETS>                             1,318
<PAYABLE-FOR-SECURITIES>                   0
<SENIOR-LONG-TERM-DEBT>                    0
<OTHER-ITEMS-LIABILITIES>                  2
<TOTAL-LIABILITIES>                        2
<SENIOR-EQUITY>                            0
<PAID-IN-CAPITAL-COMMON>                   1,316
<SHARES-COMMON-STOCK>                      1,316
<SHARES-COMMON-PRIOR>                      1,176
<ACCUMULATED-NII-CURRENT>                  0
<OVERDISTRIBUTION-NII>                     0
<ACCUMULATED-NET-GAINS>                    0
<OVERDISTRIBUTION-GAINS>                   0
<ACCUM-APPREC-OR-DEPREC>                   0
<NET-ASSETS>                               1,316
<DIVIDEND-INCOME>                          0
<INTEREST-INCOME>                          33
<OTHER-INCOME>                             0
<EXPENSES-NET>                             3
<NET-INVESTMENT-INCOME>                    30
<REALIZED-GAINS-CURRENT>                   0
<APPREC-INCREASE-CURRENT>                  0
<NET-CHANGE-FROM-OPS>                      30
<EQUALIZATION>                             0
<DISTRIBUTIONS-OF-INCOME>                  30
<DISTRIBUTIONS-OF-GAINS>                   0
<DISTRIBUTIONS-OTHER>                      0
<NUMBER-OF-SHARES-SOLD>                    202
<NUMBER-OF-SHARES-REDEEMED>                (92)
<SHARES-REINVESTED>                        30
<NET-CHANGE-IN-ASSETS>                     140
<ACCUMULATED-NII-PRIOR>                    0
<ACCUMULATED-GAINS-PRIOR>                  0
<OVERDISTRIB-NII-PRIOR>                    0
<OVERDIST-NET-GAINS-PRIOR>                 0
<GROSS-ADVISORY-FEES>                      3
<INTEREST-EXPENSE>                         0
<GROSS-EXPENSE>                            3
<AVERAGE-NET-ASSETS>                       1,264
<PER-SHARE-NAV-BEGIN>                      1.00
<PER-SHARE-NII>                            0.02
<PER-SHARE-GAIN-APPREC>                    0.00
<PER-SHARE-DIVIDEND>                       (0.02)
<PER-SHARE-DISTRIBUTIONS>                  0
<RETURNS-OF-CAPITAL>                       0
<PER-SHARE-NAV-END>                        1.00
<EXPENSE-RATIO>                            0.50
<AVG-DEBT-OUTSTANDING>                     0
<AVG-DEBT-PER-SHARE>                       0

</TABLE>


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