<TABLE> <S> <C>

<PAGE>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENTS OF ASSETS AND LIABILITIES AT MARCH 31, 2000 AND THE STATEMENT OF
OPERATIONS FROM JANUARY 1, 2000 TO MARCH 31, 2000 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                        4,003,738
<INVESTMENTS-AT-VALUE>                       4,164,729
<RECEIVABLES>                                   39,919
<ASSETS-OTHER>                                   8,360
<OTHER-ITEMS-ASSETS>                           939,170
<TOTAL-ASSETS>                               5,154,918
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       78,633
<TOTAL-LIABILITIES>                             78,633
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,046,504
<SHARES-COMMON-STOCK>                        4,268,221
<SHARES-COMMON-PRIOR>                        2,841,984
<ACCUMULATED-NII-CURRENT>                        9,044
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       160,991
<NET-ASSETS>                                 5,076,285
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               41,580
<OTHER-INCOME>                                   6,250
<EXPENSES-NET>                                  38,786
<NET-INVESTMENT-INCOME>                          6,524
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                      (2,740)
<NET-CHANGE-FROM-OPS>                            6,524
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,426,237
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       2,070,838
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           12,000
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 38,786
<AVERAGE-NET-ASSETS>                         4,040,866
<PER-SHARE-NAV-BEGIN>                             1.06
<PER-SHARE-NII>                                    .00
<PER-SHARE-GAIN-APPREC>                            .00
<PER-SHARE-DIVIDEND>                               .00
<PER-SHARE-DISTRIBUTIONS>                          .00
<RETURNS-OF-CAPITAL>                               .00
<PER-SHARE-NAV-END>                               1.19
<EXPENSE-RATIO>                                    .01


</TABLE>