U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
Read instructions at end of Form
before preparing Form. Please
print or type.
- --------------------------------------------------------------------------------
1. Name and address of issuer: AMERIPRIME FUNDS
1793 Kingswood Drive, Suite 200
Southlake, TX 76092
- --------------------------------------------------------------------------------
2. Name of each series or class of funds for which this notice is filed:
AIT Vision U.S. Equity Portfolio
Carl Domino Equity Income Fund
GLOBALT Growth Fund
IMS Capital Value Fund
Fountainhead Special Value Fund
The MAXIM Contrarian Fund
- --------------------------------------------------------------------------------
3. Investment Company Act File Number: 811-9096
Securities Act File Number: 33-96826
- --------------------------------------------------------------------------------
4. Last day of fiscal year for which this notice is filed: 10-31-96
- --------------------------------------------------------------------------------
5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration: N/A
[ ]
- --------------------------------------------------------------------------------
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
Applicable (see Instruction A.6): N/A
- --------------------------------------------------------------------------------
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning
of the fiscal year. None
- --------------------------------------------------------------------------------
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2. None
- --------------------------------------------------------------------------------
9. Number and aggregate sales price of securities sold during the fiscal
year:
1,023,071 Shares of $10,672,470.00
beneficial interest, no par value aggregate sales price
- --------------------------------------------------------------------------------
<PAGE>
- --------------------------------------------------------------------------------
10. Number and aggregate sales price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
1,023,071 Shares $10,672,470.00
beneficial interest, no par value aggregate sales price
- --------------------------------------------------------------------------------
11. Number and aggregate sales price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable (see
instruction B.7):
Not Applicable
- --------------------------------------------------------------------------------
12. Calculation of registration fee:
(i) Aggregate sales price of securities sold
during the fiscal year in reliance on
rule 24f-2 (from item 10): $10,672,470.00
--------------------
(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable) + 0
--------------------
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): - $ 82,707.00
--------------------
(iv) aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24e-2 (if applicable): + 0
--------------------
(v) Net aggregate price of securities sold
and issued during the fiscal year in
reliance on rule 24f-2 [line (I), plus
line (ii), less line (iii), plus line
(iv)] (if applicable): $10,589,763.00
--------------------
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
applicable law or regulation (see
instruction C.6): x 1/3300
--------------------
(vii) Fee due [line (I) or line (v) multiplied
by line (vi)]: $3,209.02
====================
Instructions: issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
- --------------------------------------------------------------------------------
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of the
Informal and Other Procedures 917 CFR 202.3a).
[X]
Date of mailing or wire transfer of file fees to the Commission's
lockbox depository:
December 26, 1996
- --------------------------------------------------------------------------------
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Kenneth D. Trumpfheller
--------------------------------------------------
Kenneth D. Trumpfheller / President
--------------------------------------------------
Date: December 26, 1996
-----------------
* Please print the name and title of the signing officer below the signature.
- --------------------------------------------------------------------------------
BROWN, CUMMINS & BROWN CO., L.P.A.
ATTORNEYS AND COUNSELORS AT LAW
3500 CAREW TOWER
441 VINE STREET
CINCINNATI, OHIO 45202
TELEPHONE (513) 381-2121
TELECOPIER (513) 381-2125
J. W. BROWN (1911-1995)
JAMES R. CUMMINS
ROBERT S BROWN OF COUNSEL
DONALD S. MENDELSOHN GILBERT BETTMAN
LYNNE SKILKEN
AMY G. APPLEGATE
KATHRYN KNUE PRZYWARA
MELANIE S. CORWIN
JEFFREY R. TEETERS
JOANN M. STRASSER
December 26, 1996
The AmeriPrime Funds
1793 Kingswood Drive
Suite 200
Southlake, Texas 76092
Ladies and Gentlemen:
This letter is in response to your request for our opinion in
connection with the Form 24F-2 for the Trust for the fiscal year ended
October 31, 1996.
We have examined a copy of (a) the Trust's Agreement and Declaration
of Trust and amendments thereto, (b) the Trust's By-Laws and amendments thereto,
and (c) all such agreements, certificates of public officials, certificates of
officers and representatives of the Trust and others, and such other documents,
papers, statutes and authorities as we deem necessary to form the basis of the
opinion hereinafter expressed. We have assumed the genuineness of the
signatures on original documents submitted to us, conformity to executed
documents of all unexecuted copies submitted to us and the conformity to the
original of all copies submitted to us as conformed or copied documents.
Based upon the foregoing, we are of the opinion that the shares of the
Trust, the registration of which the Form makes definite in number, if issued
in accordance with the applicable Prospectus and Statement of Additional
Information of the Trust, were legally issued, fully paid and non-assessable.
We herewith give you our permission to file this opinion with the
Securities and Exchange Commission as an exhibit to the Form referred to above.
Very truly yours,
/s/ Brown, Cummins & Brown Co.
BROWN, CUMMINS & BROWN CO., L.P.A.
BCB:tms