<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED SEPTEMBER 30, 1999 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               SEP-30-1999
<INVESTMENTS-AT-COST>                       12,898,052
<INVESTMENTS-AT-VALUE>                       6,884,940
<RECEIVABLES>                                   20,729
<ASSETS-OTHER>                                  32,244
<OTHER-ITEMS-ASSETS>                           158,767
<TOTAL-ASSETS>                               7,096,680
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,012,252
<TOTAL-LIABILITIES>                          1,012,252
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        1,109,694
<SHARES-COMMON-PRIOR>                        1,109,694
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (6,071,746)
<NET-ASSETS>                                 6,084,428
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              315,944
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 515,413
<NET-INVESTMENT-INCOME>                      (199,469)
<REALIZED-GAINS-CURRENT>                       393,808
<APPREC-INCREASE-CURRENT>                  (3,447,942)
<NET-CHANGE-FROM-OPS>                      (3,253,603)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                        1,008,812
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (4,262,415)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           72,826
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                515,413
<AVERAGE-NET-ASSETS>                         9,048,409
<PER-SHARE-NAV-BEGIN>                             9.51
<PER-SHARE-NII>                                  (.18)
<PER-SHARE-GAIN-APPREC>                         (2.75)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.90)
<PER-SHARE-NAV-END>                               5.68
<EXPENSE-RATIO>                                   7.59


</TABLE>