<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from year-end
audited financial statements dated December 31, 1996 and is qualified in its
entirety by reference to such financial statements.
</LEGEND>
       
<S>                                        <C>
<PERIOD-TYPE>                              YEAR
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               DEC-31-1996
<INVESTMENTS-AT-COST>                       26,815,504
<INVESTMENTS-AT-VALUE>                      26,815,504
<RECEIVABLES>                                  164,844
<ASSETS-OTHER>                                 123,465
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              27,103,813
<PAYABLE-FOR-SECURITIES>                       509,461
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       78,812
<TOTAL-LIABILITIES>                            588,273
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    26,515,540
<SHARES-COMMON-STOCK>                       26,515,540
<SHARES-COMMON-PRIOR>                       28,231,264
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                26,515,540
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              979,752
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 273,778
<NET-INVESTMENT-INCOME>                        705,974
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (705,974)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     19,634,926
<NUMBER-OF-SHARES-REDEEMED>               (21,985,097)
<SHARES-REINVESTED>                            634,447
<NET-CHANGE-IN-ASSETS>                     (1,715,724)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          136,524
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                296,528
<AVERAGE-NET-ASSETS>                        27,304,640
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   .026
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (.026)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>