<ARTICLE>                                            6

<CIK>                         0001000579
<NAME>                        AMERIPRIME FUNDS

   <NUMBER>                   272
   <NAME>                     Ariston Internet Convertible Fund
<MULTIPLIER>                                   1
<CURRENCY>                                     US Dollars

                             
<PERIOD-TYPE>                   2-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-START>                                 MAY-01-2000
<PERIOD-END>                                   JUN-30-2000
<EXCHANGE-RATE>                                1
<INVESTMENTS-AT-COST>                          611,610
<INVESTMENTS-AT-VALUE>                         624,541
<RECEIVABLES>                                  5,632
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 630,173
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      1307
<TOTAL-LIABILITIES>                            1307
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       644,859
<SHARES-COMMON-STOCK>                          10,133
<SHARES-COMMON-PRIOR>                          0
<ACCUMULATED-NII-CURRENT>                      (2,416)
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        (26,508)
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       12,931
<NET-ASSETS>                                   95,761
<DIVIDEND-INCOME>                              533
<INTEREST-INCOME>                              (1,074)
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 1,875
<NET-INVESTMENT-INCOME>                        (2,416)
<REALIZED-GAINS-CURRENT>                       (26,508)
<APPREC-INCREASE-CURRENT>                      12,931
<NET-CHANGE-FROM-OPS>                          (15,993)
<EQUALIZATION>                                 1
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        98,566
<NUMBER-OF-SHARES-REDEEMED>                    0
<SHARES-REINVESTED>                            0
<NET-CHANGE-IN-ASSETS>                         98,566
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      0
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          1,829
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                (2,416)
<AVERAGE-NET-ASSETS>                           454,869
<PER-SHARE-NAV-BEGIN>                          10.00
<PER-SHARE-NII>                                (0.04)
<PER-SHARE-GAIN-APPREC>                        (0.51)
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            9.45
<EXPENSE-RATIO>                                2.95