<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                        7,197,502
<INVESTMENTS-AT-VALUE>                       4,869,504
<RECEIVABLES>                                   32,642
<ASSETS-OTHER>                                     533
<OTHER-ITEMS-ASSETS>                         1,041,229
<TOTAL-ASSETS>                               5,943,908
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       40,728
<TOTAL-LIABILITIES>                             40,728
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,002,169
<SHARES-COMMON-STOCK>                              128
<SHARES-COMMON-PRIOR>                              128
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       1,704,381
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     2,066,612
<ACCUM-APPREC-OR-DEPREC>                   (2,327,996)
<NET-ASSETS>                                 5,903,180
<DIVIDEND-INCOME>                               13,030
<INTEREST-INCOME>                               19,869
<OTHER-INCOME>                               (108,146)
<EXPENSES-NET>                                 213,130
<NET-INVESTMENT-INCOME>                      (288,377)
<REALIZED-GAINS-CURRENT>                     (483,570)
<APPREC-INCREASE-CURRENT>                  (3,499,544)
<NET-CHANGE-FROM-OPS>                      (4,271,491)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                           38,701
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (4,310,192)
<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>                           72,326
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                213,130
<AVERAGE-NET-ASSETS>                         8,058,276
<PER-SHARE-NAV-BEGIN>                           79,259
<PER-SHARE-NII>                                (2,242)
<PER-SHARE-GAIN-APPREC>                       (30,970)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                              (58)
<PER-SHARE-NAV-END>                             45,989
<EXPENSE-RATIO>                                  0.026
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>