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

   <NUMBER>                   11
   <NAME>                     AAM Equity 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>                          3718
<INVESTMENTS-AT-VALUE>                         4481
<RECEIVABLES>                                  31
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 4512
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      5
<TOTAL-LIABILITIES>                            5
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       3818
<SHARES-COMMON-STOCK>                          383
<SHARES-COMMON-PRIOR>                          395
<ACCUMULATED-NII-CURRENT>                      4
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        (78)
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       763
<NET-ASSETS>                                   4507
<DIVIDEND-INCOME>                              45
<INTEREST-INCOME>                              5
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 25
<NET-INVESTMENT-INCOME>                        4
<REALIZED-GAINS-CURRENT>                       15
<APPREC-INCREASE-CURRENT>                      295
<NET-CHANGE-FROM-OPS>                          314
<EQUALIZATION>                                 1
<DISTRIBUTIONS-OF-INCOME>                      16
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        758
<NUMBER-OF-SHARES-REDEEMED>                    897
<SHARES-REINVESTED>                            11
<NET-CHANGE-IN-ASSETS>                         170
<ACCUMULATED-NII-PRIOR>                        16
<ACCUMULATED-GAINS-PRIOR>                      (92)
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          25
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                30
<AVERAGE-NET-ASSETS>                           4435
<PER-SHARE-NAV-BEGIN>                          10.99
<PER-SHARE-NII>                                0.01
<PER-SHARE-GAIN-APPREC>                        0.80
<PER-SHARE-DIVIDEND>                           0.04
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            11.76
<EXPENSE-RATIO>                                1.15