AMERIPRIME FUNDS
497, 1998-06-30
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                                                                  June 30, 1998

                         Carl Domino Equity Income Fund
                Supplement to Prospectus dated February 14, 1998


Effective July 1, 1998, Unified Fund Services, Inc., 429 N. Pennsylvania Street,
Indianapolis,  IN 46204 will serve as the Fund's Transfer  Agent.  The telephone
number for  information,  shareholder  services and requests will continue to be
(800) 506-9922.


The disclosure  under the caption "HOW TO INVEST IN THE FUND" and "HOW TO REDEEM
SHARES" in the Fund's  prospectus  dated  February  14,  1998 is modified by the
following information:


                           HOW TO INVEST IN THE FUND

     By Mail -  Initial  and  subsequent  investments  should be sent by mail or
overnight delivery to:

     Mail to:                                    Overnight to:
     Carl Domino Equity Income Fund              Carl Domino Equity Income Fund
     c/o Unified Fund Services, Inc              c/o Unified Fund Services, Inc
     P.O. Box 6110                               429 N. Pennsylvania Street
     Indianapolis, IN 46206-6110                 Indianapolis, IN 46204


     By Wire - Investors establishing new accounts should telephone Unified Fund
Services, Inc. at (800) 506-9922 prior to sending the bank wire.

     Shareholders  should  instruct  their  bank to  continue  to wire  funds as
follows:

     Star Bank, N.A.
     ABA #0420-0001-3
     Attn: Carl Domino Equity Income Fund
     D.D.A. # 483889747
     Account name:________________________________(write in shareholder name)
     For the Account #:_____________________________(write in account number)


HOW TO REDEEM SHARES

     By Mail - Written  request  for  redemption,  with  signatures  guaranteed,
should be sent by mail or overnight delivery to:

   Mail to:                                    Overnight to:
   Carl Domino Equity Income Fund              Carl Domino Equity Income Fund
   c/o Unified Fund Services, Inc              c/o Unified Fund Services, Inc
   P.O. Box 6110                               429 N. Pennsylvania Street
   Indianapolis, IN 46206-6110                 Indianapolis, IN 46204

     By Telephone - If you have completed the Redemption by Telephone portion of
     the Fund's account  application,  you may redeem shares on any business day
     the New York Stock  Exchange is open by calling the Transfer Agent at (800)
     506-9922.
<PAGE>

                                                                   June 30, 1998


                         Fountainhead Special Value Fund
                Supplement to Prospectus dated February 14, 1998


Effective July 1, 1998, Unified Fund Services, Inc., 429 N. Pennsylvania Street,
Indianapolis,  IN 46204 will serve as the Fund's Transfer  Agent.  The telephone
number for  information,  shareholder  services and requests will continue to be
(800) 868-9535.

The disclosure  under the caption "HOW TO INVEST IN THE FUND" and "HOW TO REDEEM
SHARES" in the Fund's  prospectus  dated  February  14,  1998 is modified by the
following information:


                           HOW TO INVEST IN THE FUND

     By Mail -  Initial  and  subsequent  investments  should be sent by mail or
overnight delivery to:

     Mail to:                                    Overnight to:
     Fountainhead Special Value Fund             Fountainhead Special Value Fund
     c/o Unified Fund Services, Inc              c/o Unified Fund Services, Inc
     P.O. Box 6110                               429 N. Pennsylvania Street
     Indianapolis, IN 46206-6110                 Indianapolis, IN 46204


     By Wire - Investors establishing new accounts should telephone Unified Fund
Services, Inc. at (800) 868-9535 prior to sending the bank wire.
     Shareholders  should  instruct  their  bank to  continue  to wire  funds as
follows:

     Star Bank, N.A.
     ABA #0420-0001-3
     Attn: Fountainhead Special Value Fund
     D.D.A. # 483885570
     Account name:__________________________________(write in shareholder name)
     For the Account #:_____________________________(write in account number)


HOW TO REDEEM SHARES

     By Mail - Written  request  for  redemption,  with  signatures  guaranteed,
should be sent by mail or overnight delivery to:

     Mail to:                                    Overnight to:
     Fountainhead Special Value Fund             Fountainhead Special Value Fund
     c/o Unified Fund Services, Inc              c/o Unified Fund Services, Inc
     P.O. Box 6110                               429 N. Pennsylvania Street
     Indianapolis, IN 46206-6110                 Indianapolis, IN 46204


     By Telephone - If you have completed the Redemption by Telephone portion of
     the Fund's account  application,  you may redeem shares on any business day
     the New York Stock  Exchange  is open by calling the  Transfer  Agent (800)
     868-9535.
<PAGE>
                                                                   June 30, 1998

                               GLOBALT Growth Fund
                Supplement to Prospectus dated February 14, 1998


Effective July 1, 1998, Unified Fund Services, Inc., 429 N. Pennsylvania Street,
Indianapolis,  IN  46204  will  serve  as the  Fund's  Transfer  Agent.  The new
toll-free telephone number for information, shareholder services and requests is
(877) BUY-GROWX or (877) 289-4769.

The  disclosure  on the Cover Page and under the  caption  "HOW TO INVEST IN THE
FUND" and "HOW TO REDEEM  SHARES" in the Fund's  prospectus  dated  February 14,
1998 is modified by the following information:


Cover Page

     The new toll-free  telephone number for information,  shareholder  services
and requests is (877) BUY-GROWX or (877) 289-4769.


                           HOW TO INVEST IN THE FUND

     By Mail -  Initial  and  subsequent  investments  should be sent by mail or
overnight delivery to:

     Mail to:                                    Overnight to:
     GLOBALT Growth Fund                         GLOBALT Growth Fund
     c/o Unified Fund Services, Inc              c/o Unified Fund Services, Inc
     P.O. Box 6110                               429 N. Pennsylvania Street
     Indianapolis, IN 46206-6110                 Indianapolis, IN 46204


     By Wire - Investors establishing new accounts should telephone Unified Fund
Services, Inc. at (877) 289-4769 prior to sending the bank wire.

     Shareholders  should  instruct  their  bank to  continue  to wire  funds as
follows:

     Star Bank, N.A.
     ABA #0420-0001-3
     Attn: GLOBALT Growth Fund
     D.D.A. # 483889739
     Account name:___________________________________(write in shareholder name)
     For the Account #:______________________________(write in account number)


HOW TO REDEEM SHARES

     By Mail - Written  request  for  redemption,  with  signatures  guaranteed,
     should be mailed to GLOBALT Growth Fund,  c/o Unified Fund Services,  Inc.,
     at the address listed above.

     By Telephone - If you have completed the Redemption by Telephone portion of
     the Fund's account  application,  you may redeem shares on any business day
     the New York Stock  Exchange is open by calling the Transfer Agent at (877)
     289-4769.

<PAGE>


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