-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GwzH89EZa7XonkDNDFlDsJGLLKxNOy9qmB9J9H5cbinXYAMTkmuCYOF15MDlBFzR cwgvnGYOhSzx/1bE+G1dHA== 0001035449-01-500321.txt : 20020411 0001035449-01-500321.hdr.sgml : 20020411 ACCESSION NUMBER: 0001035449-01-500321 CONFORMED SUBMISSION TYPE: N-30D PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20010430 FILED AS OF DATE: 20011121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERIPRIME FUNDS CENTRAL INDEX KEY: 0001000579 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 752616671 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-30D SEC ACT: 1940 Act SEC FILE NUMBER: 811-09096 FILM NUMBER: 1797798 BUSINESS ADDRESS: STREET 1: 1793 KINGSWOOD DR STREET 2: STE 200 CITY: SOUTHLAKE STATE: TX ZIP: 76092 BUSINESS PHONE: 8174311297 MAIL ADDRESS: STREET 1: 1793 KINGSWOOD DRIVE STREET 2: SUITE 200 CITY: SOUTHLAKE STATE: TX ZIP: 76092 N-30D 1 flg.txt FLORIDA STREET GROWTH SEMI ANNUAL Florida Street Growth Fund Schedule of Investments - April 30, 2001 (Unaudited) Common Stock - 93.1% Shares Value Alternative Power - 6.0% International Rectifier Corp. 3,800 $ 210,900 ------------- Biological Products (No Diagnostics) - 1.3% Medimmune Inc. 1,200 46,980 ------------- Capital Equipment & Services - 6.6% General Dynamics Corp. 1,000 77,080 L3 Communications Holdings, Inc. (a) 1,500 115,875 Thermo Electron Corp. 1,500 39,540 ------------- 232,495 ------------- Consumer Cyclicals - 7.5% Christopher & Banks Corp. (a) 2,475 97,886 RadioShack Corp. 2,500 76,575 SCP Pool Corp. (a) 2,812 88,578 ------------- 263,039 ------------- Consumer Non-Durables & Services - 1.4% Convergys Corp. (a) 1,000 36,500 Rare Medium Group, Inc. (a) 9,675 11,417 ------------- 47,917 ------------- Crude Petroleum & Natural Gas - 0.7% Anadarko Petroleum Corp. 400 25,848 ------------- Electronic Equipment - 0.8% Agilent Technologies, Inc. (a) 700 27,307 ------------- Electric Services - 1.6% Duke Energy Co. 1,200 56,112 ------------- Energy - 12.2% Baker Hughes, Inc. 1,500 58,935 Core Laboratories N.V. (a) 3,000 71,640 Global Marine Inc. (a) 2,500 71,875 Maverick Tube Corp. (a) 1,500 36,600 Noble Drilling Corp. (a) 2,000 97,000 Ocean Energy, Inc. 5,000 92,550 ------------- 428,600 ------------- Florida Street Growth Fund Schedule of Investments - April 30, 2001 (Unaudited) - continued Common Stock - continued Shares Value Financials - 6.9% AFLAC Inc. 1,400 $444,520 BlackRock, Inc. - Class A (a) 1,200 40,560 Concord EFS, Inc. (a) 1,800 83,790 State Street Corp. 700 72,646 ------------- 241,516 ------------- Instruments for the Measuring & Testing of Electricity & Electric Signals - 0.6% Keithly Instruments 800 21,240 ------------- Miscellaneous Fabricated Metal Products - 1.6% Shaw Group Inc. 1,000 57,000 Network Equipment - 0.7% Methode Electronics, Inc. - Class A 4,100 23,452 ------------- National Commercial Banks - 3.4% BB&T Corp. 2,000 70,840 National Commerce Financial Corp. 49,820 ------------- 120,660 ------------- Natural Gas Transmissions - 2.9% Western Gas Resources Inc. 2,550 101,388 ------------- Operative Builders - 0.9% D. R. Horton Inc. 1,332 32,261 ------------- Outsourced Electronic Manufacturing - 1.5% Flextronics International Ltd. (a) 2,000 53,780 ------------- Pharmaceutical Preparation - 1.8% Forest Labratories Inc. 500 30,575 King Pharmaceuticals 800 33,704 ------------- 64,279 ------------- Retail - Grocery Stores - 0.6% Whole Foods Market, Inc. 400 19,440 ------------- Retail - Shoe Stores - 1.1% Payless ShoeSource 600 38,250 ------------- Retail - Women's Clothing Stores - 1.8% Cato Corp. 3,500 61,705 ------------- Semiconductors & Related Devices - 6.2% Avanex Corp. 6,100 87,901 JDS Uniphase Corp. 760 16,256 National Semiconduct Corp. (a) 2,200 63,360 Stratos Lightwave Inc. 6,193 49,509 ------------- 217,026 ------------- Florida Street Growth Fund Schedule of Investments - April 30, 2001 (Unaudited) - continued Common Stock - continued Shares Value Semiconductor Manufacturing & Test Equipment - 2.3% Teradyne, Inc. (a) 1,000 39,500 Trikon Technologies, Inc. (a) 4,000 41,440 ------------- 80,940 ------------- Services - Computer Integrated Services Design - 0.5% Sonus Networks, Inc. 700 17,822 ------------- Services - Computer Programming, Data Processing - 1.2% Earthlink Inc. 4,000 43,760 ------------- Services - Management Consulting Services - 1.1% Answerthink, Inc. 8,000 40,080 ------------- Software - 2.1% Adobe Systems Inc. 700 31,444 Parametric Technology Corp. 3,800 43,320 ------------- 74,764 ------------- Telecommunications - 2.1% Alltel Corp. 900 49,149 WorldCom, Inc. (a) 1,350 24,637 ------------- 73,786 ------------- Corning Inc. 1,140 25,046 ------------- Telephone & Telegraph Apparatus - 5.0% Corvis Corp. 13,000 89,050 Sycamore Networks, Inc. 9,100 86,632 ------------- 175,682 ------------- Utilities - 8.0% AES Corp. (a) 1,200 57,204 CMS Energy Corp. 2,800 87,640 IdaCorp, Inc. 3,500 134,750 ------------- 279,594 ------------- Wireless Equipment - 2.0% QUALCOMM, Inc. (a) 1,200 68,832 ------------- TOTAL COMMON STOCKS (Cost $3,202,962) 3,271,501 ------------- Principal Money Market Securities - 9.1% Amount Federated Prime Obligations Fund, 4.46% (b) (Cost $319,566) $ 319,566 $ 319,566 ------------- TOTAL INVESTMENTS - 102.2% (Cost $3,522,528) 3,591,067 ------------- Liabilities in excess of other assets - (2.2)% (77,538) ------------- Total Net Assets - 100.0% $ 3,513,529 ============= (a) Non-income producing. (b) Variable rate security; the coupon rate shown represents the rate at April 30, 2001. Florida Street Growth Fund April 30, 2001 Statement of Assets & Liabilities (Unaudited) Assets Investment in securities, at value (cost $3,522,528) $ 3,591,067 Dividends receivable 2,172 Interest receivable 1,864 ------------- ------------- Total assets 3,595,103 ------------- Liabilities Accrued investment advisory fee 2,885 Payable to custodian bank 5,667 Payable for fund shares redeemed 14,212 Payable for securities purchased 58,810 ------------- Total liabilities 81,574 ------------- Net Assets $ 3,513,529 ============= Net Assets consist of: Paid in capital $ 3,883,550 Accumulated net investment gain (loss) (8,078) Accumulated net realized (gain) loss on investments (430,482) Net unrealized appreciation (depreciation) on investments 68,539 ------------- Net Assets, for 390,381 shares $ 3,513,529 ============= Net Asset Value Net Assets Offering price and redemption price per share ($3,513,529 / 390,381) $ 9.00 ============= -----END PRIVACY-ENHANCED MESSAGE-----