<ARTICLE>                                            6
<CIK>                        0001000579
<NAME>                       Ameriprime Fund

   <NUMBER>                   6
   <NAME>                     Fountianhead Special Value Fund
<MULTIPLIER>                                   1000
<CURRENCY>                                     U.S. Dollars

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              OCT-31-2000
<PERIOD-START>                                 NOV-01-1999
<PERIOD-END>                                   APR-30-2000
<EXCHANGE-RATE>                                1
<INVESTMENTS-AT-COST>                          14968
<INVESTMENTS-AT-VALUE>                         19449
<RECEIVABLES>                                  2669
<ASSETS-OTHER>                                 19
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 22137
<PAYABLE-FOR-SECURITIES>                       760
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      54
<TOTAL-LIABILITIES>                            814
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       14211
<SHARES-COMMON-STOCK>                          811
<SHARES-COMMON-PRIOR>                          615
<ACCUMULATED-NII-CURRENT>                      (108)
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        2738
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       4482
<NET-ASSETS>                                   21323
<DIVIDEND-INCOME>                              12
<INTEREST-INCOME>                              14
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 134
<NET-INVESTMENT-INCOME>                        (108)
<REALIZED-GAINS-CURRENT>                       2848
<APPREC-INCREASE-CURRENT>                      (344)
<NET-CHANGE-FROM-OPS>                          2396
<EQUALIZATION>                                 1
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       680
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        7198
<NUMBER-OF-SHARES-REDEEMED>                    2311
<SHARES-REINVESTED>                            652
<NET-CHANGE-IN-ASSETS>                         7255
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      570
<OVERDISTRIB-NII-PRIOR>                        0
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<GROSS-ADVISORY-FEES>                          125
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                191
<AVERAGE-NET-ASSETS>                           20073
<PER-SHARE-NAV-BEGIN>                          22.86
<PER-SHARE-NII>                                (0.15)
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<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      (1.04)
<RETURNS-OF-CAPITAL>                           0
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<EXPENSE-RATIO>                                1.34