-----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, HVpiGQL3U1FGS320d3zo+7/5RzPvzd3gNqF1bEfPw35IVYiMETuY+jMliHHCk3Sk pSodgTIRhyWWOKBvKaWfoQ== 0001035449-05-000299.txt : 20050510 0001035449-05-000299.hdr.sgml : 20050510 20050510125425 ACCESSION NUMBER: 0001035449-05-000299 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20050510 DATE AS OF CHANGE: 20050510 EFFECTIVENESS DATE: 20050510 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERIPRIME FUNDS CENTRAL INDEX KEY: 0001000579 IRS NUMBER: 752616671 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-96826 FILM NUMBER: 05815023 BUSINESS ADDRESS: STREET 1: 431 NORTH PENNSYLVANIA STREET 2: STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46204 BUSINESS PHONE: 317-917-7000 MAIL ADDRESS: STREET 1: 431 NORTH PENNSYLVANIA STREET 2: STREET CITY: INDIANAPOLIS STATE: IN ZIP: 46204 497 1 supp.txt SAI UPDATE AMERIPRIME FUNDS AAM EQUITY FUND Supplement dated May 10, 2005 to the Statement of Additional Information Dated March 1, 2005 THE TABLES IN THE SECTION OF THE STATEMENT OF ADDITIONAL INFORMATION ("SAI") ENTITLED TRUSTEES AND OFFICERS THAT PROVIDE INFORMATION REGARDING EACH TRUSTEE AND OFFICER WHO IS AN "INTERESTED PERSON" OF THE TRUST AND EACH TRUSTEE WHO IS NOT AN "INTERESTED PERSON" OF THE TRUST ARE DELETED IN THEIR ENTIRETY AND REPLACED WITH THE FOLLOWING: The following table provides information regarding each Trustee who is an "interested person" of the Trust, as defined in the Investment Company Act of 1940, and each officer of the Trust. - --------------------------------------------------- ------------------------------------------------------------------ NAME, ADDRESS*, (DATE OF BIRTH), POSITION WITH PRINCIPAL OCCUPATION DURING PAST 5 YEARS FUND COMPLEX,** TERM OF POSITION WITH TRUST AND OTHER DIRECTORSHIPS - --------------------------------------------------- ------------------------------------------------------------------ Ronald C. Tritschler (1952)*** Chief Executive Officer, Director and Legal Counsel of The Webb Companies, a national real estate company, since 2001, Executive Trustee, December 2002 to present Vice President and Director from 1990 to 2000; Director of First State Financial since 1998; Director, Vice President and Legal Counsel of The Traxx Companies, an owner and operator of convenience stores, since 1989; Trustee of AmeriPrime Advisors Trust since November 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003. - --------------------------------------------------- ------------------------------------------------------------------ Anthony J. Ghoston (1959) Executive Vice President of Unified Fund Services, Inc., the Trust's administrator, since June 2004, Senior Vice President President, July 2004 to present from April 2003 to June 2004; Senior Vice President and Chief Information Officer of Unified Financial Services, Inc., the parent company of the Trust's administrator and distributor, from 1997 to November 2004; President of AmeriPrime Advisors Trust, CCMI Funds, and Unified Series Trust since July 2004. - --------------------------------------------------- ------------------------------------------------------------------ Thomas G. Napurano (1941) Chief Financial Officer and Executive Vice President of Unified Financial Services, Inc., the parent company of the Trust's Chief Financial Officer and Treasurer, October administrator and distributor, since 1989, Director from 1989 to 2002 to present March 2002; Director of Unified Financial Securities, Inc., the Trust's distributor, since December 2004, Chief Financial Officer and Executive Vice President since June 1990; Executive Vice President, Treasurer, and Chief Financial Officer of Unified Fund Services, Inc., the Trust's administrator, since 1990, Director since 2004; Treasurer and Chief Financial Officer of AmeriPrime Advisors Trust since October 2002 and Unified Series Trust since December 2002; Treasurer and Chief Financial Officer of CCMI Funds since June 2003; Treasurer of The Unified Funds from 1994 to 2002 and Firstar Select Funds from 1997 to 2000. - --------------------------------------------------- ------------------------------------------------------------------ Freddie Jacobs, Jr., CPA (1970) Vice President of Unified Fund Services, Inc., the Trust's administrator, since December 2003; Assistant Vice President of Secretary, September 2004 to present U.S. Bancorp Fund Services LLC from 2000 to December 2003, Trust Officer from 1998 to 2000; Secretary of AmeriPrime Advisors Trust, CCMI Funds and Unified Series Trust since September 2004; Principal Accounting Officer of Lindbergh Funds from February 2004 to February 2005. - --------------------------------------------------- ------------------------------------------------------------------ Lynn E. Wood (1946) Chief Compliance Officer of AmeriPrime Advisors Trust, Unified Series Trust, and CCMI Funds since October 2004; Chief Chief Compliance Officer, October 2004 to present Compliance Officer of Unified Financial Securities, Inc., the Trust's distributor, since December 2004 and from 1997 to 2000, Chairman from 1997 to December 2004, President from 1997 to 2000; Director of Compliance of Unified Fund Services, Inc., the Trust's administrator, from October 2003 to September 2004; Chief Compliance Officer of Unified Financial Services, Inc., the parent company of the Trust's administrator and distributor, from 2000 to 2004. - --------------------------------------------------- ------------------------------------------------------------------
* The address for each trustee and officer is 431 N. Pennsylvania St., Indianapolis, IN 46204. ** Fund Complex refers to AmeriPrime Advisors Trust, AmeriPrime Funds and Unified Series Trust. The Fund Complex currently consists of 26 series. *** Mr. Tritschler may be deemed to be an "interested person" of the Trust because he has an ownership interest in Unified Financial Services, Inc., the parent of the distributor of certain series in the Fund Complex. The following table provides information regarding each Trustee who is not an "interested person" of the Trust, as defined in the Investment Company Act of 1940. - ----------------------------------------------------- ---------------------------------------------------------------- NAME, ADDRESS*, (DATE OF BIRTH), POSITION WITH FUND PRINCIPAL OCCUPATION DURING PAST 5 YEARS COMPLEX,** TERM OF POSITION WITH TRUST AND OTHER DIRECTORSHIPS - ----------------------------------------------------- ---------------------------------------------------------------- Gary E. Hippenstiel (1947) Director, Vice President and Chief Investment Officer of Legacy Trust Company, N.A. since 1992; Trustee of AmeriPrime Trustee, 1995 to present Advisors Trust since July 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003; Trustee of Access Variable Insurance Trust since April 2003. - ----------------------------------------------------- ---------------------------------------------------------------- Stephen A. Little (1946) President and founder of The Rose, Inc., a registered investment advisor, since April 1993; Trustee of AmeriPrime Chairman, December 2004 to present Advisors Trust since November 2002 and Unified Series Trust Trustee, December 2002 to present since December 2002; Trustee of CCMI Funds since June 2003. - ----------------------------------------------------- ---------------------------------------------------------------- Daniel J. Condon (1950) President of International Crankshaft Inc., an automotive equipment manufacturing company, since 2004, Vice President Trustee, December 2002 to present and General Manager from 1990 to 2003; Trustee of The Unified Funds from 1994 to 2002; Trustee of Firstar Select Funds, a REIT mutual fund, from 1997 to 2000; Trustee of AmeriPrime Advisors Trust since November 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003. - ----------------------------------------------------- ----------------------------------------------------------------
* The address for each trustee and officer is 431 N. Pennsylvania St., Indianapolis, IN 46204. ** Fund Complex refers to AmeriPrime Advisors Trust, AmeriPrime Funds and Unified Series Trust. The Fund Complex currently consists of 26 series. This supplement and the Statement of Additional Information dated March 1, 2005 provide the information a prospective investor ought to know before investing and should be retained for future reference. The Statement of Additional Information, which is incorporated herein by reference, has been filed with the Securities and Exchange Commission and can be obtained without charge by calling the Fund at 1-888-905-2283. AMERIPRIME FUNDS DOBSON COVERED CALL FUND Supplement dated May , 2005 to the Statement of Additional Information Dated December 1, 2004 THE TABLES IN THE SECTION OF THE STATEMENT OF ADDITIONAL INFORMATION ("SAI") ENTITLED TRUSTEES AND OFFICERS THAT PROVIDE INFORMATION REGARDING EACH TRUSTEE AND OFFICER WHO IS AN "INTERESTED PERSON" OF THE TRUST AND EACH TRUSTEE WHO IS NOT AN "INTERESTED PERSON" OF THE TRUST ARE DELETED IN THEIR ENTIRETY AND REPLACED WITH THE FOLLOWING: The following table provides information regarding each Trustee who is an "interested person" of the Trust, as defined in the Investment Company Act of 1940, and each officer of the Trust. - --------------------------------------------------- ------------------------------------------------------------------ NAME, ADDRESS*, (DATE OF BIRTH), POSITION WITH PRINCIPAL OCCUPATION DURING PAST 5 YEARS FUND COMPLEX,** TERM OF POSITION WITH TRUST AND OTHER DIRECTORSHIPS - --------------------------------------------------- ------------------------------------------------------------------ Ronald C. Tritschler (1952)*** Chief Executive Officer, Director and Legal Counsel of The Webb Companies, a national real estate company, since 2001, Executive Trustee, December 2002 to present Vice President and Director from 1990 to 2000; Director of First State Financial since 1998; Director, Vice President and Legal Counsel of The Traxx Companies, an owner and operator of convenience stores, since 1989; Trustee of AmeriPrime Advisors Trust since November 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003. - --------------------------------------------------- ------------------------------------------------------------------ Anthony J. Ghoston (1959) Executive Vice President of Unified Fund Services, Inc., the Trust's administrator, since June 2004, Senior Vice President President, July 2004 to present from April 2003 to June 2004; Senior Vice President and Chief Information Officer of Unified Financial Services, Inc., the parent company of the Trust's administrator and distributor, from 1997 to November 2004; President of AmeriPrime Advisors Trust, CCMI Funds, and Unified Series Trust since July 2004. - --------------------------------------------------- ------------------------------------------------------------------ Thomas G. Napurano (1941) Chief Financial Officer and Executive Vice President of Unified Financial Services, Inc., the parent company of the Trust's Chief Financial Officer and Treasurer, October administrator and distributor, since 1989, Director from 1989 to 2002 to present March 2002; Director of Unified Financial Securities, Inc., the Trust's distributor, since December 2004, Chief Financial Officer and Executive Vice President since June 1990; Executive Vice President, Treasurer, and Chief Financial Officer of Unified Fund Services, Inc., the Trust's administrator, since 1990, Director since 2004; Treasurer and Chief Financial Officer of AmeriPrime Advisors Trust since October 2002 and Unified Series Trust since December 2002; Treasurer and Chief Financial Officer of CCMI Funds since June 2003; Treasurer of The Unified Funds from 1994 to 2002 and Firstar Select Funds from 1997 to 2000. - --------------------------------------------------- ------------------------------------------------------------------ Freddie Jacobs, Jr., CPA (1970) Vice President of Unified Fund Services, Inc., the Trust's administrator, since December 2003; Assistant Vice President of Secretary, September 2004 to present U.S. Bancorp Fund Services LLC from 2000 to December 2003, Trust Officer from 1998 to 2000; Secretary of AmeriPrime Advisors Trust, CCMI Funds and Unified Series Trust since September 2004; Principal Accounting Officer of Lindbergh Funds from February 2004 to February 2005. - --------------------------------------------------- ------------------------------------------------------------------ Lynn E. Wood (1946) Chief Compliance Officer of AmeriPrime Advisors Trust, Unified Series Trust, and CCMI Funds since October 2004; Chief Chief Compliance Officer, October 2004 to present Compliance Officer of Unified Financial Securities, Inc., the Trust's distributor, since December 2004 and from 1997 to 2000, Chairman from 1997 to December 2004, President from 1997 to 2000; Director of Compliance of Unified Fund Services, Inc., the Trust's administrator, from October 2003 to September 2004; Chief Compliance Officer of Unified Financial Services, Inc., the parent company of the Trust's administrator and distributor, from 2000 to 2004. - --------------------------------------------------- ------------------------------------------------------------------
* The address for each trustee and officer is 431 N. Pennsylvania St., Indianapolis, IN 46204. ** Fund Complex refers to AmeriPrime Advisors Trust, AmeriPrime Funds and Unified Series Trust. The Fund Complex currently consists of 26 series. *** Mr. Tritschler may be deemed to be an "interested person" of the Trust because he has an ownership interest in Unified Financial Services, Inc., the parent of the distributor of certain series in the Fund Complex. The following table provides information regarding each Trustee who is not an "interested person" of the Trust, as defined in the Investment Company Act of 1940. - ----------------------------------------------------- ---------------------------------------------------------------- NAME, ADDRESS*, (DATE OF BIRTH), POSITION WITH FUND PRINCIPAL OCCUPATION DURING PAST 5 YEARS COMPLEX,** TERM OF POSITION WITH TRUST AND OTHER DIRECTORSHIPS - ----------------------------------------------------- ---------------------------------------------------------------- Gary E. Hippenstiel (1947) Director, Vice President and Chief Investment Officer of Legacy Trust Company, N.A. since 1992; Trustee of AmeriPrime Trustee, 1995 to present Advisors Trust since July 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003; Trustee of Access Variable Insurance Trust since April 2003. - ----------------------------------------------------- ---------------------------------------------------------------- Stephen A. Little (1946) President and founder of The Rose, Inc., a registered investment advisor, since April 1993; Trustee of AmeriPrime Chairman, December 2004 to present Advisors Trust since November 2002 and Unified Series Trust Trustee, December 2002 to present since December 2002; Trustee of CCMI Funds since June 2003. - ----------------------------------------------------- ---------------------------------------------------------------- Daniel J. Condon (1950) President of International Crankshaft Inc., an automotive equipment manufacturing company, since 2004, Vice President Trustee, December 2002 to present and General Manager from 1990 to 2003; Trustee of The Unified Funds from 1994 to 2002; Trustee of Firstar Select Funds, a REIT mutual fund, from 1997 to 2000; Trustee of AmeriPrime Advisors Trust since November 2002 and Unified Series Trust since December 2002; Trustee of CCMI Funds since June 2003. - ----------------------------------------------------- ----------------------------------------------------------------
* The address for each trustee and officer is 431 N. Pennsylvania St., Indianapolis, IN 46204. ** Fund Complex refers to AmeriPrime Advisors Trust, AmeriPrime Funds and Unified Series Trust. The Fund Complex currently consists of 26 series. THE FIRST PARAGRAPH UNDER THE SECTION OF THE SAI ENTITLED FUND SERVICES IS DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING: Unified Fund Services, Inc. ("Unified"), 431 North Pennsylvania Street, Indianapolis, Indiana 46204, acts as the Fund's transfer agent. A Trustee and the officers of the Trust are members of management and/or employees of Unified and/or officers or shareholders of Unified Financial Services, Inc. ("UFS"), the parent company of Unified. Unified maintains the records of each shareholder's account, answers shareholders' inquiries concerning their accounts, processes purchases and redemptions of the Fund's shares, acts as dividend and distribution disbursing agent and performs other transfer agent and shareholder service functions. Unified receives a monthly fee from the Fund of $1.25 per shareholder account (subject to a monthly minimum fee of $1250). For the fiscal years ended July 31, 2004, 2003 and 2002, Unified received fees of $11,394, $10,960 and $11,532, respectively, from the Fund for transfer agent services provided to the Fund. THE SECTION OF THE SAI ENTITLED DISTRIBUTOR IS DELETED IN ITS ENTIRETY AND REPLACED WITH THE FOLLOWING: Unified Financial Securities, Inc., 431 North Pennsylvania Street, Indianapolis, Indiana 46204 (the "Distributor"), is the exclusive agent for distribution of shares of the Fund. A Trustee of the Trust is a shareholder of UFS, the parent company of the Distributor, and certain officers of the Trust are a director and/or officers of the Distributor and/or shareholders of UFS. As a result, such persons may be deemed to be affiliates of the Distributor. The Distributor is obligated to sell the shares of the Fund on a best efforts basis only against purchase orders for the shares. Shares of the Fund are offered to the public on a continuous basis. The Distributor and Unified are controlled by UFS. This supplement and the Statement of Additional Information dated December 1, 2004 provide the information a prospective investor ought to know before investing and should be retained for future reference. The Statement of Additional Information, which is incorporated herein by reference, has been filed with the Securities and Exchange Commission and can be obtained without charge by calling the Fund at 1-877-2-DOBSON. -----END PRIVACY-ENHANCED MESSAGE-----