<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               DEC-31-1998
<INVESTMENTS-AT-COST>                        6,811,577
<INVESTMENTS-AT-VALUE>                       2,789,481
<RECEIVABLES>                                   28,093     
<ASSETS-OTHER>                                   2,594    
<OTHER-ITEMS-ASSETS>                           924,786      
<TOTAL-ASSETS>                               3,744,954        
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       58,674     
<TOTAL-LIABILITIES>                             58,674     
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,002,169         
<SHARES-COMMON-STOCK>                              128     
<SHARES-COMMON-PRIOR>                              129     
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       1,819,544       
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     2,474,249
<ACCUM-APPREC-OR-DEPREC>                   (4,022,096)
<NET-ASSETS>                                 3,686,280        
<DIVIDEND-INCOME>                               24,112     
<INTEREST-INCOME>                               12,698     
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 440,353      
<NET-INVESTMENT-INCOME>                      (403,543)        
<REALIZED-GAINS-CURRENT>                     (483,570)        
<APPREC-INCREASE-CURRENT>                  (5,601,280)          
<NET-CHANGE-FROM-OPS>                      (6,488,393)          
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          1   
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (6,541,123)          
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                      833,043      
<OVERDISTRIB-NII-PRIOR>                      2,022,918        
<OVERDIST-NET-GAINS-PRIOR>                   1,809,168        
<GROSS-ADVISORY-FEES>                          112,738      
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                403,543      
<AVERAGE-NET-ASSETS>                         6,949,234        
<PER-SHARE-NAV-BEGIN>                           79,250     
<PER-SHARE-NII>                                (3,144)     
<PER-SHARE-GAIN-APPREC>                       (47,405)       
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                              (17)   
<PER-SHARE-NAV-END>                             28,718     
<EXPENSE-RATIO>                                   0.06   
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>