<PAGE> PAGE 1
000 A000000 12/31/98
000 C000000 0001000579
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 AMERIPRIME FUNDS
001 B000000 811-9096
001 C000000 8172516700
002 A000000 1793 KINGSWOOD DRIVE SUITE 200
002 B000000 SOUTHLAKE
002 C000000 TX
002 D010000 76092
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 12
007 C010100 1
007 C020100 GLOBALT GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 CARL DOMINO EQUITY INCOME FUND
007 C030200 N
007 C010300 3
007 C020300 AIT VISION U.S. EQUITY INCOME FUND
007 C030300 N
007 C010400 4
007 C020400 THE NEW CAP CONTRARIAN FUND
007 C030400 N
007 C010500 5
007 C020500 IMS CAPITAL VALUE FUND
007 C030500 N
007 C010600 6
007 C020600 FOUNTAINHEAD SPECIAL VALUE FUND
007 C030600 N
007 C010700 7
007 C020700 CORBIN SMALL CAP VALUE FUND
007 C030700 N
007 C010800 8
007 C020800 FLORIDA STREET BOND FUND
007 C030800 N
007 C010900 9
007 C020900 FLORIDA STREET GROWTH FUND
007 C030900 N
007 C011000 10
007 C021000 MARATHON VALUE FUND
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C021100 AAM EQUITY FUND
007 C031100 N
007 C011200 12
007 C021200 JUMPER STRATEGIC ADVANTAGE FUND
007 C031200 N
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
010 A00AA01 AMERIPRIME FINANCIAL SERVICES, INC.
010 C01AA01 SOUTHLAKE
010 C02AA01 TX
010 C03AA01 76092
011 A00AA01 AMERIPRIME FINANCIAL SECURITIES
011 B00AA01 8-48143
011 C01AA01 SOUTHLAKE
011 C02AA01 TX
011 C03AA01 76092
013 A00AA01 MCCURDY AND ASSOCITES CPA'S INC.
013 B01AA01 WESTLAKE
013 B02AA01 OH
013 B03AA01 44145
014 A00AA01 AMERIPRIME FINANCIAL SECURITIES INC.
014 B00AA01 8-48143
015 A00AA01 STAR BANK, N.A.
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45264
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 C000001 0
020 C000002 0
<PAGE> PAGE 3
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 STAR BANK
022 C000001 5277
022 D000001 13914
022 A000002 CRAIGIE
022 C000002 1318
022 D000002 0
022 A000003 SALOMON SMITH BARNEY
022 C000003 1212
022 D000003 0
022 A000004 MERRILL LYNCH
022 C000004 829
022 D000004 0
022 A000005 PAINE WEBBER
022 C000005 201
022 D000005 0
022 A000006 INTERSTATE JOHNSON / LANE
022 C000006 200
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 9037
023 D000000 17148
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
<PAGE> PAGE 4
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 Y
054 E00AA00 Y
054 F00AA00 Y
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 Y
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 Y
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
<PAGE> PAGE 5
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
071 A000100 10541
071 B000100 6696
071 C000100 10445
071 D000100 64
072 A000100 12
074 N000100 11721
074 T000100 11709
075 A000100 0
075 B000100 10434
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
071 A000200 5863
071 B000200 3680
071 C000200 5591
071 D000200 66
072 A000200 12
074 N000200 7497
074 T000200 7337
075 A000200 0
075 B000200 5669
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
<PAGE> PAGE 6
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
071 A000300 7076
071 B000300 7931
071 C000300 4785
071 D000300 181
072 A000300 12
074 N000300 4641
074 T000300 4636
075 A000300 0
075 B000300 4784
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 993
071 B000400 1423
071 C000400 1591
071 D000400 101
072 A000400 12
074 N000400 364
074 T000400 358
075 A000400 0
075 B000400 1207
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
<PAGE> PAGE 7
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
071 A000500 10527
071 B000500 9199
071 C000500 13629
071 D000500 68
072 A000500 12
074 N000500 11596
074 T000500 11524
075 A000500 0
075 B000500 11328
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
071 A000600 5643
071 B000600 10262
071 C000600 5626
071 D000600 100
072 A000600 12
074 N000600 6644
074 T000600 6637
075 A000600 0
075 B000600 5596
062 A000700 N
062 B000700 0.0
062 C000700 0.0
<PAGE> PAGE 8
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
071 A000700 3758
071 B000700 1748
071 C000700 1974
071 D000700 89
072 A000700 12
074 N000700 2303
074 T000700 2289
075 A000700 0
075 B000700 2032
062 A000800 Y
062 B000800 0.0
062 C000800 17.7
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 79.0
062 Q000800 1.3
062 R000800 2.4
071 A000800 1735
071 B000800 1449
071 C000800 13308
071 D000800 11
072 A000800 12
074 N000800 20598
074 T000800 19928
075 A000800 0
075 B000800 14003
<PAGE> PAGE 9
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
071 A000900 3401
071 B000900 1513
071 C000900 2398
071 D000900 63
072 A000900 12
074 N000900 3323
074 T000900 3320
075 A000900 0
075 B000900 2840
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
071 A001000 4826
071 B001000 1734
071 C001000 2674
071 D001000 65
072 A001000 8
074 N001000 3317
<PAGE> PAGE 10
074 T001000 3259
075 A001000 0
075 B001000 2719
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
071 A001100 2659
071 B001100 95
071 C001100 1932
071 D001100 14
072 A001100 4
074 N001100 2854
074 T001100 2852
075 A001100 0
075 B001100 2127
008 A001201 THE JUMPER GROUP
008 B001201 A
008 C001201 801-45453
008 D011201 CHATTANOOGA
008 D021201 TN
008 D031201 37402
008 D041201 2501
012 A001201 UNIFIED FUND SERVICES, INC.
012 B001201 84-0000
012 C011201 INDIANAPOLIS
012 C021201 IN
012 C031201 46204
028 A011200 0
028 A021200 0
028 A031200 0
028 A041200 0
028 B011200 0
028 B021200 0
028 B031200 0
028 B041200 0
028 C011200 0
<PAGE> PAGE 11
028 C021200 0
028 C031200 0
028 C041200 0
028 D011200 5000
028 D021200 0
028 D031200 0
028 D041200 0
028 E011200 0
028 E021200 0
028 E031200 0
028 E041200 0
028 F011200 0
028 F021200 0
028 F031200 0
028 F041200 0
028 G011200 5000
028 G021200 0
028 G031200 0
028 G041200 0
028 H001200 0
034 001200 N
035 001200 0
036 B001200 0
037 001200 N
038 001200 0
039 001200 N
040 001200 N
041 001200 N
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 0
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.750
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
<PAGE> PAGE 12
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 0
048 K021200 0.000
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
058 A001200 N
059 001200 Y
060 A001200 Y
060 B001200 Y
061 001200 5000
062 A001200 Y
062 B001200 0.0
062 C001200 5.9
062 D001200 0.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.2
062 M001200 0.0
062 N001200 0.0
062 O001200 0.0
062 P001200 70.2
062 Q001200 0.0
062 R001200 22.7
063 A001200 0
063 B001200 1.1
064 A001200 N
064 B001200 N
066 A001200 N
067 001200 N
068 A001200 N
068 B001200 N
<PAGE> PAGE 13
069 001200 N
070 A011200 Y
070 A021200 Y
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 N
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 Y
070 R021200 N
071 A001200 3710
071 B001200 234
071 C001200 2327
071 D001200 10
072 A001200 3
072 B001200 40
072 C001200 15
072 D001200 0
072 E001200 0
072 F001200 7
072 G001200 0
072 H001200 0
072 I001200 0
072 J001200 0
<PAGE> PAGE 14
072 K001200 0
072 L001200 0
072 M001200 0
072 N001200 0
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 0
072 S001200 0
072 T001200 0
072 U001200 0
072 V001200 0
072 W001200 0
072 X001200 7
072 Y001200 0
072 Z001200 48
072AA001200 0
072BB001200 2
072CC011200 2
072CC021200 0
072DD011200 0
072DD021200 0
072EE001200 0
073 A011200 0.0000
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 0
074 B001200 0
074 C001200 1523
074 D001200 2331
074 E001200 0
074 F001200 0
074 G001200 0
074 H001200 0
074 I001200 1143
074 J001200 0
074 K001200 0
074 L001200 54
074 M001200 0
074 N001200 5051
074 O001200 0
074 P001200 3
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 0
074 S001200 0
074 T001200 5048
074 U011200 2500
<PAGE> PAGE 15
074 U021200 0
074 V011200 2.02
074 V021200 0.00
074 W001200 0.0000
074 X001200 1
074 Y001200 0
075 A001200 0
075 B001200 5018
076 001200 0.00
SIGNATURE PAUL S. BELLANY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001000579
<NAME> INDUSTRY LEADERS FUND
<SERIES>
<NUMBER> 12
<NAME> THE JUMPER STRATEGIC ADVANTAGE FUND
<S> <C>
<PERIOD-TYPE> 3-MOS
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-END> DEC-31-1998
<INVESTMENTS-AT-COST> 4994818
<INVESTMENTS-AT-VALUE> 4996803
<RECEIVABLES> 54613
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5051416
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3207
<TOTAL-LIABILITIES> 3207
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5000000
<SHARES-COMMON-STOCK> 2500000
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 47919
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1695)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1985
<NET-ASSETS> 5048209
<DIVIDEND-INCOME> 14689
<INTEREST-INCOME> 40034
<OTHER-INCOME> 0
<EXPENSES-NET> 6804
<NET-INVESTMENT-INCOME> 47919
<REALIZED-GAINS-CURRENT> (1695)
<APPREC-INCREASE-CURRENT> 1985
<NET-CHANGE-FROM-OPS> 48209
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2500000
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5048209
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6804
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7113
<AVERAGE-NET-ASSETS> 5017603
<PER-SHARE-NAV-BEGIN> 2.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 2.02
<EXPENSE-RATIO> 0.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
