<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>                       10,648,422
<INVESTMENTS-AT-VALUE>                       5,575,734
<RECEIVABLES>                                   18,215
<ASSETS-OTHER>                                  27,433
<OTHER-ITEMS-ASSETS>                           133,060
<TOTAL-ASSETS>                               5,754,442
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      871,378
<TOTAL-LIABILITIES>                            871,378
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          940,336
<SHARES-COMMON-PRIOR>                          940,336
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (5,121,070)
<NET-ASSETS>                                 4,883,064
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              253,972
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 434,483
<NET-INVESTMENT-INCOME>                      (180,511)
<REALIZED-GAINS-CURRENT>                       323,730
<APPREC-INCREASE-CURRENT>                  (2,871,496)
<NET-CHANGE-FROM-OPS>                      (2,728,277)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                        (854,850)
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (3,583,127)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           62,222
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                434,483
<AVERAGE-NET-ASSETS>                         7,366,939
<PER-SHARE-NAV-BEGIN>                             9.19
<PER-SHARE-NII>                                  (.19)
<PER-SHARE-GAIN-APPREC>                         (2.72)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             (.90)
<PER-SHARE-NAV-END>                               5.38
<EXPENSE-RATIO>                                   7.86


</TABLE>