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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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048 B020400 0.000
048 C010400 0
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048 D010400 0
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048 F020400 0.000
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<PAGE> PAGE 21
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
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
063 A000400 0
063 B000400 0.0
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 Y
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
<PAGE> PAGE 22
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 90676
071 B000400 95356
071 C000400 96464
071 D000400 94
072 A000400 12
072 B000400 172
072 C000400 1472
072 D000400 0
072 E000400 0
072 F000400 790
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072 I000400 41
072 J000400 9
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<PAGE> PAGE 23
072 X000400 1059
072 Y000400 79
072 Z000400 664
072AA000400 26340
072BB000400 2910
072CC010400 10177
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072DD010400 683
072DD020400 0
072EE000400 0
073 A010400 0.1100
073 A020400 0.0000
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074 B000400 4129
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074 E000400 0
074 F000400 112976
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074 N000400 117219
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074 R040400 104
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076 000400 0.00
015 A000501 RIGGS BANK, N.A.
015 B000501 C
015 C010501 WASHINGTON
015 C020501 DC
<PAGE> PAGE 24
015 C030501 20005
015 C040501 3598
015 E010501 X
024 000500 Y
025 A000501 FRIEDMAN BILLINGS RAMSEY GROUP
025 C000501 E
025 D000501 945
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
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028 F040500 584
028 G010500 17024
028 G020500 775
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028 G040500 4757
028 H000500 16307
029 000500 Y
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030 B000500 5.75
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031 A000500 11
031 B000500 0
032 000500 8
033 000500 0
<PAGE> PAGE 25
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 N
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 0
044 000500 0
045 000500 Y
046 000500 N
047 000500 Y
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048 D010500 0
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048 E010500 0
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062 A000500 N
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062 C000500 0.0
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<PAGE> PAGE 26
062 J000500 0.0
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062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
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063 A000500 0
063 B000500 0.0
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
<PAGE> PAGE 27
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 49309
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<PAGE> PAGE 28
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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<S> <C>
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<SERIES>
<NUMBER> 011
<NAME> Rimco Monument Funds
Rimco Monument Prime Money Market Fund
Class A Shares
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<FISCAL-YEAR-END> Apr-30-1998
<PERIOD-END> Apr-30-1998
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</TABLE>
<TABLE> <S> <C>
<S> <C>
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<SERIES>
<NUMBER> 012
<NAME> Rimco Monument Funds
Rimco Monument Prime Money Market Fund
Class B Shares
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> Rimco Monument Funds
Rimco Monument U.S. Treasury Money Market Fund
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1998
<PERIOD-END> Apr-30-1998
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 03
<NAME> Rimco Monument Funds
Rimco Monument Bond Fund
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1998
<PERIOD-END> Apr-30-1998
<INVESTMENTS-AT-COST> 34,611,043
<INVESTMENTS-AT-VALUE> 34,819,769
<RECEIVABLES> 419,032
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 04
<NAME> Rimco Monument Funds
Rimco Monument Stock Fund
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<FISCAL-YEAR-END> Apr-30-1998
<PERIOD-END> Apr-30-1998
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<INVESTMENTS-AT-VALUE> 117,104,523
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 05
<NAME> Rimco Monument Funds
Rimco Monument Small Capitalization Equity Fun
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Apr-30-1998
<PERIOD-END> Apr-30-1998
<INVESTMENTS-AT-COST> 46,433,705
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</TABLE>