WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000845107
<NAME> INDEPENDENCE ONE MUTUAL FUNDS
<SERIES>
<NUMBER> 03
<NAME> Independence One Michigan Muni Cash Fund
<S> <C>
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[AVG-DEBT-OUTSTANDING] 0
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</TABLE>
