<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
     This  schedule  contains  summary  information  extracted  from the  second
quarter of 1998 Form 10-Q Balance  Sheets and  Statements of  Operations  and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
       
<S>                                       <C>
<PERIOD-START>                             JAN-01-1998
<PERIOD-TYPE>                              6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       40,700,512
<INVESTMENTS-AT-VALUE>                      24,071,833
<RECEIVABLES>                                   37,673 
<ASSETS-OTHER>                                  26,343
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              24,135,849
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      236,617
<TOTAL-LIABILITIES>                            236,617
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          487,489
<SHARES-COMMON-PRIOR>                          487,489
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (16,651,928)
<NET-ASSETS>                                23,899,231
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              438,326
<OTHER-INCOME>                                     532
<EXPENSES-NET>                               2,530,302
<NET-INVESTMENT-INCOME>                     (2,091,444)
<REALIZED-GAINS-CURRENT>                     7,094,849
<APPREC-INCREASE-CURRENT>                    2,295,258
<NET-CHANGE-FROM-OPS>                        7,298,663
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      206,745
<DISTRIBUTIONS-OF-GAINS>                    17,933,145
<DISTRIBUTIONS-OTHER>                       23,119,269
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      33,547,039
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          600,000
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,530,302
<AVERAGE-NET-ASSETS>                        40,672,749   
<PER-SHARE-NAV-BEGIN>                           115.96
<PER-SHARE-NII>                                  (4.25)
<PER-SHARE-GAIN-APPREC>                           4.66
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        82.95
<RETURNS-OF-CAPITAL>                              9.76
<PER-SHARE-NAV-END>                              47.83
<EXPENSE-RATIO>                                   0.06
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>