<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM STATEMENTS
OF FINANCIAL CONDITION (UNAUDITED), STATEMENTS OF OPERATIONS (UNAUDITED),
STATEMENTS OF CHANGES IN UNITHOLDERS' CAPITAL (UNAUDITED) AND STATEMENTS OF CASH
FLOWS (UNAUDITED) AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
       
                             
<PERIOD-TYPE>                   1-MO
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JUN-01-1997
<PERIOD-END>                               JUN-30-1997
<CASH>                                      22,003,667
<SECURITIES>                                         0
<RECEIVABLES>                                        0
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            23,253,648
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              23,253,648
<CURRENT-LIABILITIES>                        1,627,225
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                  21,626,423
<TOTAL-LIABILITY-AND-EQUITY>                23,253,648
<SALES>                                              0
<TOTAL-REVENUES>                               157,133
<CGS>                                                0
<TOTAL-COSTS>                                  136,836
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                                 20,296
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                    20,296
<EPS-PRIMARY>                                     0.16
<EPS-DILUTED>                                     0.16