<ARTICLE> 6

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                       36,112,573
<INVESTMENTS-AT-VALUE>                      49,425,688
<RECEIVABLES>                                  238,391
<ASSETS-OTHER>                                  54,225
<OTHER-ITEMS-ASSETS>                         6,034,266
<TOTAL-ASSETS>                              55,752,570
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      574,087
<TOTAL-LIABILITIES>                            574,087
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    41,696,305
<SHARES-COMMON-STOCK>                        4,361,617
<SHARES-COMMON-PRIOR>                        4,142,942
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         64,410
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    13,313,115
<NET-ASSETS>                                55,178,483
<DIVIDEND-INCOME>                               61,087
<INTEREST-INCOME>                              759,158
<OTHER-INCOME>                                  84,875
<EXPENSES-NET>                                 909,779
<NET-INVESTMENT-INCOME>                        (4,659)
<REALIZED-GAINS-CURRENT>                     6,444,540
<APPREC-INCREASE-CURRENT>                    6,424,738
<NET-CHANGE-FROM-OPS>                       12,864,619
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     6,380,130
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                            218,676
<NET-CHANGE-IN-ASSETS>                       9,244,177
<ACCUMULATED-NII-PRIOR>                         46,972
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          589,973
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                909,779
<AVERAGE-NET-ASSETS>                        50,556,395
<PER-SHARE-NAV-BEGIN>                            11.09
<PER-SHARE-NII>                                 (0.00)
<PER-SHARE-GAIN-APPREC>                           3.11
<PER-SHARE-DIVIDEND>                              1.54
<PER-SHARE-DISTRIBUTIONS>                         0.00
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<PER-SHARE-NAV-END>                              12.65
<EXPENSE-RATIO>                                   0.02