<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001000579
<NAME> AMERIPRIME FUNDS
<SERIES>
<NUMBER> 272
<NAME> Ariston Internet Convertible Fund
<MULTIPLIER> 1
<CURRENCY> US Dollars
<S> <C>
<PERIOD-TYPE> 2-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> MAY-01-2000
<PERIOD-END> JUN-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 611,610
<INVESTMENTS-AT-VALUE> 624,541
<RECEIVABLES> 5,632
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 630,173
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1307
<TOTAL-LIABILITIES> 1307
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 644,859
<SHARES-COMMON-STOCK> 10,133
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (2,416)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (26,508)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,931
<NET-ASSETS> 95,761
<DIVIDEND-INCOME> 533
<INTEREST-INCOME> (1,074)
<OTHER-INCOME> 0
<EXPENSES-NET> 1,875
<NET-INVESTMENT-INCOME> (2,416)
<REALIZED-GAINS-CURRENT> (26,508)
<APPREC-INCREASE-CURRENT> 12,931
<NET-CHANGE-FROM-OPS> (15,993)
<EQUALIZATION> 1
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 98,566
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 98,566
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,829
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (2,416)
<AVERAGE-NET-ASSETS> 454,869
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> (0.51)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.45
<EXPENSE-RATIO> 2.95
</TABLE>
