<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                        9,095,105
<INVESTMENTS-AT-VALUE>                       9,875,131
<RECEIVABLES>                                  124,498
<ASSETS-OTHER>                                   1,065
<OTHER-ITEMS-ASSETS>                         1,391,236
<TOTAL-ASSETS>                              11,391,930
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      121,867
<TOTAL-LIABILITIES>                            121,867
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,040,868
<SHARES-COMMON-STOCK>                              129
<SHARES-COMMON-PRIOR>                              129
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         574,704
<ACCUMULATED-NET-GAINS>                        833,043
<OVERDISTRIBUTION-GAINS>                     1,809,168
<ACCUM-APPREC-OR-DEPREC>                       780,024
<NET-ASSETS>                                11,270,063
<DIVIDEND-INCOME>                                2,314
<INTEREST-INCOME>                               89,481
<OTHER-INCOME>                                  16,467
<EXPENSES-NET>                                 412,696
<NET-INVESTMENT-INCOME>                      (304,434)
<REALIZED-GAINS-CURRENT>                     2,625,016
<APPREC-INCREASE-CURRENT>                  (3,241,101)
<NET-CHANGE-FROM-OPS>                        (920,519)
<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>                       (920,519)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                        270,271
<OVERDIST-NET-GAINS-PRIOR>                   2,120,520
<GROSS-ADVISORY-FEES>                          112,738
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                412,696
<AVERAGE-NET-ASSETS>                        11,730,323
<PER-SHARE-NAV-BEGIN>                           94,226
<PER-SHARE-NII>                                (2,339)
<PER-SHARE-GAIN-APPREC>                        (4,733)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             87,154
<EXPENSE-RATIO>                                   .035
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>