<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                        9,239,571
<INVESTMENTS-AT-VALUE>                      11,289,885
<RECEIVABLES>                                   26,261
<ASSETS-OTHER>                                   1,065
<OTHER-ITEMS-ASSETS>                         1,235,479
<TOTAL-ASSETS>                              12,552,690
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      169,348
<TOTAL-LIABILITIES>                            169,348
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,040,868
<SHARES-COMMON-STOCK>                              129
<SHARES-COMMON-PRIOR>                              129
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         731,715
<ACCUMULATED-NET-GAINS>                        833,043
<OVERDISTRIBUTION-GAINS>                     1,809,168
<ACCUM-APPREC-OR-DEPREC>                     2,050,314
<NET-ASSETS>                                12,383,342
<DIVIDEND-INCOME>                                4,147
<INTEREST-INCOME>                              167,338
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 632,930
<NET-INVESTMENT-INCOME>                      (461,445)
<REALIZED-GAINS-CURRENT>                     2,625,016
<APPREC-INCREASE-CURRENT>                  (1,970,811)
<NET-CHANGE-FROM-OPS>                          192,760
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       (192,760)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                        270,271
<OVERDIST-NET-GAINS-PRIOR>                   2,120,520
<GROSS-ADVISORY-FEES>                          174,966
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                632,930
<AVERAGE-NET-ASSETS>                        12,286,962
<PER-SHARE-NAV-BEGIN>                           94,226
<PER-SHARE-NII>                                (3,545)
<PER-SHARE-GAIN-APPREC>                          5,026
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             95,707
<EXPENSE-RATIO>                                   .052
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>