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<PAGE> PAGE 9
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<PAGE> PAGE 13
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<PAGE> PAGE 21
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<PAGE> PAGE 22
040 000400 Y
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050 000400 N
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<PAGE> PAGE 23
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067 000400 N
068 A000400 N
068 B000400 N
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070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
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070 K020400 Y
070 L010400 N
070 L020400 N
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<PAGE> PAGE 24
070 M020400 N
070 N010400 Y
070 N020400 N
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070 P020400 N
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070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE> PAGE 25
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<PAGE> PAGE 26
015 A000501 FIFTH THIRD BANK
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
070 P020500 N
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
048 K020800 0.300
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
008 D030901 50312
013 A000901 ERNST & YOUNG LLP
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015 A000901 BRENTON BANK
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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008 A001001 AMCORE CAPITAL MANAGEMENT, INC
008 B001001 A
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013 A001001 ERNST & YOUNG LLP
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<PAGE> PAGE 50
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<PAGE> PAGE 51
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<PAGE> PAGE 52
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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008 A001101 AMCORE CAPITAL MANAGEMENT, INC
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<PAGE> PAGE 55
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<PAGE> PAGE 56
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<PAGE> PAGE 57
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<PAGE> PAGE 58
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<PAGE> PAGE 59
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008 A001201 AMCORE CAPITAL MANAGEMENT, INC.
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<PAGE> PAGE 60
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<PAGE> PAGE 61
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066 A001200 Y
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<PAGE> PAGE 62
066 D001200 N
066 E001200 N
066 F001200 N
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 N
070 C021200 N
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070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 N
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
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070 M021200 N
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070 Q021200 N
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<PAGE> PAGE 63
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074 M001200 4
074 N001200 50120
074 O001200 638
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<PAGE> PAGE 64
074 R011200 0
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074 S001200 0
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008 A001301 ERNST & COMPANY
008 B001301 A
008 C001301 801-0000
008 D011301 NEW YORK
008 D021301 NY
008 D031301 10004
008 A001302 KOENEMAN CAPITAL MANAGEMENT PTE LTD
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013 A001301 COOPERS & LYBRAND LLP
013 B011301 COLUMBUS
013 B021301 OH
013 B031301 43215
015 A001301 UNION BANK OF CALIFORNIA, N.A.
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<PAGE> PAGE 65
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<PAGE> PAGE 66
048 D021300 0.000
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048 I021300 0.000
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048 J021300 0.000
048 K011300 0
048 K021300 0.000
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050 001300 N
051 001300 N
052 001300 N
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053 B001300 Y
053 C001300 N
058 A001300 N
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066 D001300 N
066 E001300 N
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<PAGE> PAGE 67
066 G001300 N
067 001300 N
068 A001300 N
068 B001300 Y
069 001300 N
070 A011300 N
070 A021300 N
070 B011300 Y
070 B021300 N
070 C011300 N
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
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<PAGE> PAGE 68
072 G001300 38
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<PAGE> PAGE 69
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<PAGE> PAGE 70
028 D041400 0
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<PAGE> PAGE 71
048 F011400 0
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050 001400 N
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<PAGE> PAGE 72
068 B001400 Y
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<PAGE> PAGE 73
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<PAGE> PAGE 74
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<PAGE> PAGE 75
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<PAGE> PAGE 76
048 G021500 0.000
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<PAGE> PAGE 77
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<PAGE> PAGE 78
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<PAGE> PAGE 79
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<PAGE> PAGE 80
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<PAGE> PAGE 81
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SIGNATURE MILT EMERINE
TITLE MGR., FIN. ADMIN.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 01
<NAME> AMCORE VINTAGE US GOVERNMENT OBLIGATIONS FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 159360672
<INVESTMENTS-AT-VALUE> 159360672
<RECEIVABLES> 96517
<ASSETS-OTHER> 5932
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<NAME> THE COVENTRY GROUP
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<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 30055130
<INVESTMENTS-AT-VALUE> 31969283
<RECEIVABLES> 188084
<ASSETS-OTHER> 99106
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32256473
<PAYABLE-FOR-SECURITIES> 199763
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 44595
<TOTAL-LIABILITIES> 244358
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 29939969
<SHARES-COMMON-STOCK> 2730940
<SHARES-COMMON-PRIOR> 1219332
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 5916
<ACCUMULATED-NET-GAINS> 163909
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1914153
<NET-ASSETS> 32012115
<DIVIDEND-INCOME> 217705
<INTEREST-INCOME> 361690
<OTHER-INCOME> 0
<EXPENSES-NET> 287249
<NET-INVESTMENT-INCOME> 292146
<REALIZED-GAINS-CURRENT> 229926
<APPREC-INCREASE-CURRENT> 643518
<NET-CHANGE-FROM-OPS> 1165590
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 293564
<DISTRIBUTIONS-OF-GAINS> 596340
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1746733
<NUMBER-OF-SHARES-REDEEMED> 308788
<SHARES-REINVESTED> 73663
<NET-CHANGE-IN-ASSETS> 18496102
<ACCUMULATED-NII-PRIOR> 3947
<ACCUMULATED-GAINS-PRIOR> 521878
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139017
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 333589
<AVERAGE-NET-ASSETS> 18535896
<PER-SHARE-NAV-BEGIN> 11.08
<PER-SHARE-NII> .18
<PER-SHARE-GAIN-APPREC> 1.05
<PER-SHARE-DIVIDEND> .18
<PER-SHARE-DISTRIBUTIONS> .41
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.72
<EXPENSE-RATIO> 1.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 11
<NAME> AMCORE VINTAGE FIXED TOTAL RETURN FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 37813479
<INVESTMENTS-AT-VALUE> 37025622
<RECEIVABLES> 1410470
<ASSETS-OTHER> 448588
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 38884680
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49871
<TOTAL-LIABILITIES> 49871
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40166856
<SHARES-COMMON-STOCK> 4009571
<SHARES-COMMON-PRIOR> 4161918
<ACCUMULATED-NII-CURRENT> 31618
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 575808
<ACCUM-APPREC-OR-DEPREC> (787857)
<NET-ASSETS> 38834809
<DIVIDEND-INCOME> 114679
<INTEREST-INCOME> 2578154
<OTHER-INCOME> 0
<EXPENSES-NET> 573706
<NET-INVESTMENT-INCOME> 2119127
<REALIZED-GAINS-CURRENT> (539307)
<APPREC-INCREASE-CURRENT> (348677)
<NET-CHANGE-FROM-OPS> 1231143
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2124369
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1340011
<NUMBER-OF-SHARES-REDEEMED> 1697121
<SHARES-REINVESTED> 204763
<NET-CHANGE-IN-ASSETS> (2343585)
<ACCUMULATED-NII-PRIOR> 31047
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 30688
<GROSS-ADVISORY-FEES> 306666
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 675935
<AVERAGE-NET-ASSETS> 40891480
<PER-SHARE-NAV-BEGIN> 9.89
<PER-SHARE-NII> .50
<PER-SHARE-GAIN-APPREC> (.20)
<PER-SHARE-DIVIDEND> .50
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.69
<EXPENSE-RATIO> 1.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 12
<NAME> AMCORE VINTAGE AGGRESSIVE GROWTH FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 46202212
<INVESTMENTS-AT-VALUE> 49038995
<RECEIVABLES> 1077136
<ASSETS-OTHER> 4412
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 50120543
<PAYABLE-FOR-SECURITIES> 638350
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 68825
<TOTAL-LIABILITIES> 707175
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 45659646
<SHARES-COMMON-STOCK> 4153243
<SHARES-COMMON-PRIOR> 2144028
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 4841
<ACCUMULATED-NET-GAINS> 921780
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2836783
<NET-ASSETS> 49413368
<DIVIDEND-INCOME> 367676
<INTEREST-INCOME> 2850
<OTHER-INCOME> 0
<EXPENSES-NET> 612031
<NET-INVESTMENT-INCOME> (241505)
<REALIZED-GAINS-CURRENT> 1189580
<APPREC-INCREASE-CURRENT> 1285550
<NET-CHANGE-FROM-OPS> 2233625
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4877
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2397474
<NUMBER-OF-SHARES-REDEEMED> 388428
<SHARES-REINVESTED> 169
<NET-CHANGE-IN-ASSETS> 26094638
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 743
<OVERDIST-NET-GAINS-PRIOR> 25516
<GROSS-ADVISORY-FEES> 356135
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 705751
<AVERAGE-NET-ASSETS> 37487845
<PER-SHARE-NAV-BEGIN> 10.88
<PER-SHARE-NII> (.06)
<PER-SHARE-GAIN-APPREC> 1.08
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.90
<EXPENSE-RATIO> 1.63
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 13
<NAME> ERNST ASIA FUND
<S> <C>
<PERIOD-TYPE> year
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 5404122
<INVESTMENTS-AT-VALUE> 5384494
<RECEIVABLES> 937079
<ASSETS-OTHER> 16155
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6337728
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22482
<TOTAL-LIABILITIES> 22482
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6205639
<SHARES-COMMON-STOCK> 615259
<SHARES-COMMON-PRIOR> 534392
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 10978
<ACCUMULATED-NET-GAINS> 140840
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (20255)
<NET-ASSETS> 6315246
<DIVIDEND-INCOME> 82110
<INTEREST-INCOME> 62307
<OTHER-INCOME> (7738)
<EXPENSES-NET> 204895
<NET-INVESTMENT-INCOME> (68216)
<REALIZED-GAINS-CURRENT> 266931
<APPREC-INCREASE-CURRENT> (344460)
<NET-CHANGE-FROM-OPS> (145745)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 64549
<DISTRIBUTIONS-OF-GAINS> 190052
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 62232
<NUMBER-OF-SHARES-REDEEMED> 5792
<SHARES-REINVESTED> 24427
<NET-CHANGE-IN-ASSETS> 450138
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 189210
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 60569
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 219612
<AVERAGE-NET-ASSETS> 6056933
<PER-SHARE-NAV-BEGIN> 10.980
<PER-SHARE-NII> (0.110)
<PER-SHARE-GAIN-APPREC> (0.170)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.440
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.260
<EXPENSE-RATIO> 3.380
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 14
<NAME> ERNST GLOBAL RESOURCES FUND
<S> <C>
<PERIOD-TYPE> year
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> APR-01-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 10312602
<INVESTMENTS-AT-VALUE> 10577123
<RECEIVABLES> 186184
<ASSETS-OTHER> 18918
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10782225
<PAYABLE-FOR-SECURITIES> 150602
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 34285
<TOTAL-LIABILITIES> 184887
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10422734
<SHARES-COMMON-STOCK> 1019169
<SHARES-COMMON-PRIOR> 979696
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (12842)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (75183)
<ACCUM-APPREC-OR-DEPREC> 262629
<NET-ASSETS> 10597338
<DIVIDEND-INCOME> 184545
<INTEREST-INCOME> 20252
<OTHER-INCOME> (5779)
<EXPENSES-NET> 268075
<NET-INVESTMENT-INCOME> (69057)
<REALIZED-GAINS-CURRENT> (136014)
<APPREC-INCREASE-CURRENT> (68486)
<NET-CHANGE-FROM-OPS> (273557)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 40126
<NUMBER-OF-SHARES-REDEEMED> 653
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 140514
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5076
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 102553
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 294132
<AVERAGE-NET-ASSETS> 10255339
<PER-SHARE-NAV-BEGIN> 10.670
<PER-SHARE-NII> (0.070)
<PER-SHARE-GAIN-APPREC> (0.200)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.400
<EXPENSE-RATIO> 2.610
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882748
<NAME> THE COVENTRY GROUP
<SERIES>
<NUMBER> 15
<NAME> ERNST GLOBAL ASSET ALLOCATION FUND
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> MAR-31-1997
<PERIOD-START> JUL-02-1996
<PERIOD-END> MAR-31-1997
<INVESTMENTS-AT-COST> 5911205
<INVESTMENTS-AT-VALUE> 5878859
<RECEIVABLES> 50345
<ASSETS-OTHER> 38959
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 5968163
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 87996
<TOTAL-LIABILITIES> 87996
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5569303
<SHARES-COMMON-STOCK> 553628
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 9880
<ACCUMULATED-NET-GAINS> 322667
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1923)
<NET-ASSETS> 5880167
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 195762
<OTHER-INCOME> 0
<EXPENSES-NET> 199041
<NET-INVESTMENT-INCOME> (3279)
<REALIZED-GAINS-CURRENT> 319566
<APPREC-INCREASE-CURRENT> (1923)
<NET-CHANGE-FROM-OPS> 314364
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3500
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 554219
<NUMBER-OF-SHARES-REDEEMED> 920
<SHARES-REINVESTED> 329
<NET-CHANGE-IN-ASSETS> 5880167
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 43877
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 199041
<AVERAGE-NET-ASSETS> 5336250
<PER-SHARE-NAV-BEGIN> 10.000
<PER-SHARE-NII> 0.000
<PER-SHARE-GAIN-APPREC> 0.630
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (0.010)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.620
<EXPENSE-RATIO> 4.990
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
To the Shareholders and Trustees
The Coventry Group-AMCORE Vintage
Mutual Funds
In planning and performing our audit of
the financial statements of the AMCORE
Vintage Mutual Funds (the Funds) for the
year ended March 31, 1997, we considered
its internal control structure, including
procedures for safeguarding securities, in
order to determine our auditing procedures
for the purpose of expressing our opinion
on the financial statements and to comply with
the requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of the AMCORE Vintage
Mutual Funds is responsible for establishing
and maintaining an internal control structure.
In fulfilling this responsibility, estimates and
judgments by management are required to
assess the expected benefits and related
costs of internal control structure policies and
procedures. Two of the objectives of an internal
control structure are to provide management with
reasonable, but not absolute, assurance that assets
are safeguarded against loss from unauthorized
use or disposition and that transactions are
executed in accordance with management's
authorization and recorded properly to permit
preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and not be detected. Also, projection of
any evaluation of the structure to future periods
is subject to the risk that it may become inadequate
because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure
would not necessarily disclose all matters in the
internal control structure that might be material
weaknesses under standards established by
the American Institute of Certified Public
Accountants. A material weakness is a condition
in which the design or operation of the specific
internal control structure elements does not reduce
to a relatively low level the risk that errors or
irregularities in amounts that would be material
in relation to the financial statements being
audited may occur and not be detected within
a timely period by employees in the normal
course of performing their assigned functions.
However, we noted no matters involving the
internal control structure, including procedures
for safeguarding securities, that we consider
to be material weaknesses as defined above at
March 31, 1997.
This report is intended solely for the information
and use of management and the Securities and
Exchange Commission.
/s/ Ernst & Young LLP
Columbus, Ohio
May 9, 1997
To the Shareholders and Trustees
The Coventry Group-Brenton Mutual
Funds
In planning and performing our audit of
the financial statements of the Brenton Mutual
Funds (the Funds) for the year ended March
31, 1997, we considered its internal control
structure, including procedures for safeguarding
securities, in order to determine our auditing
procedures for the purpose of expressing our opinion
on the financial statements and to comply with the
requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of the Brenton Mutual Funds is
responsible for establishing and maintaining an
internal control structure. In fulfilling this
responsibility, estimates and judgments by
management are required to assess the expected
benefits and related costs of internal control
structure policies and procedures. Two of the
objectives of an internal control structure are
to provide management with reasonable, but not
absolute, assurance that assets are safeguarded against
loss from unauthorized use or disposition and that
transactions are executed in accordance with
management's
authorization and recorded properly to permit
preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and not be detected. Also, projection of
any evaluation of the structure to future periods
is subject to the risk that it may become inadequate
because of changes in conditions or that the
effectiveness of the design and operation may
deteriorate.
Our consideration of the internal control structure
would not necessarily disclose all matters in the
internal control structure that might be material
weaknesses under standards established by
the American Institute of Certified Public Accountants.
A material weakness is a condition in which the
design or operation of the specific internal control
structure elements does not reduce to a relatively
low level the risk that errors or irregularities in
amounts that would be material in relation to the
financial statements being audited may occur
and not be detected within a timely period by
employees in the normal course of performing
their assigned functions. However, we noted no
matters involving the internal control structure,
including procedures for safeguarding securities,
that we consider to be material weaknesses as
defined above at March 31, 1997.
This report is intended solely for the information
and use of management and the Securities and
Exchange Commission.
/s/ Ernst & Young LLP
Columbus, Ohio
May 9, 1997
<PAGE>
To the Trustees
The Coventry Group
Ernst World Funds
In planning and performing our audits
of the financial statements of Ernst
World Funds for the year ended March
31, 1997, we considered its internal control
structure, including procedures for safeguarding
securities, in order to determine our auditing
procedures for the purpose of expressing our
opinion on the financial statements and to comply
with the requirements of Form N-SAR, not
to provide assurance on the internal control structure.
The management of Ernst World Funds
is responsible for establishing and maintaining
an internal control structure. In fulfilling
this responsibility, estimates and judgments
by management are required to assess the
expected benefits and related costs of internal
control structure policies and procedures.
Two objectives of an internal control structure
are to provide management with reasonable,
but not absolute, assurance that assets are
safeguarded against loss from unauthorized
use or disposition and transactions are executed
in accordance with management's authorization
and recorded properly to permit preparation of
financial statements in conformity with
generally accepted accounting principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and may not be detected. Also,
projection of any evaluation of the structure
to future periods is subject to the risk that
it may become inadequate because of changes
in conditions or that the effectiveness of the
design and operation may deteriorate.
Our consideration of the internal control
structure would not necessarily disclose all
matters in the internal control structure
that might be material weaknesses under
standards established by the American
Institute of Certified Public Accountants.
A material weakness is a condition in which
the design or operation of the specific internal
control structure elements does not reduce
to a relatively low level the risk that errors or
irregularities in amounts that would be material
in relation to the financial statements being
audited may occur and not be detected within
a timely period by employees in the normal
course of performing their assigned functions.
However, we noted no matters involving the
internal control structure, including procedures
for safeguarding securities, that we consider
to be material weaknesses as defined above as
of March 31, 1997.
This report is intended solely for the information
and use of management and the Securities
and Exchange Commission.
/s/ COOPERS & LYBRAND, L.L.P.
Columbus, Ohio
May 20, 1997
To the Board of Trustees
of The Shelby Fund of The Coventry
Group:
In planning and performing our audit
of the financial statements of The Shelby Fund
of The Coventry Group for the year ended
March 31, 1997, we considered its internal control
structure, including procedures for safeguarding
securities, in order to determine our auditing
procedures for the purpose of expressing our
opinion on the financial statements and to comply
with the requirements of Form N-SAR, and not
to provide assurance on the internal control structure.
The management of The Shelby Fund of The
Coventry Group is responsible for establishing
and maintaining an internal control structure.
In fulfilling this responsibility, estimates and
judgments by management are required to assess
the expected benefits and related costs of internal
control structure policies and procedures. Two of
the objectives of an internal control structure are to
provide management with reasonable, but not absolute,
assurance that assets are safeguarded against loss from
unauthorized use or disposition and that
transactions are executed in accordance with
management's authorization and recorded properly
to permit preparation of financial statements in
conformity with generally accepted accounting
principles.
Because of inherent limitations in any internal
control structure, errors or irregularities may
occur and not be detected. Also, projection of
any evaluation of the structure to future periods
is subject to the risk that it may become inadequate
because of changes in conditions or that the
effectiveness of the design and operation may
deteriorate.
Our consideration of the internal control structure
would not necessarily disclose all matters in the
internal control structure that might be material
weaknesses under standards established by the
American Institute of Certified Public Accountants.
A material weakness is a condition in which the
design or operation of the specific internal control
structure elements does not reduce to a relatively
low level the risk that errors or irregularities in
amounts that would be material in relation to the
financial statements being audited may occur
and not be detected within a timely period by
employees in the normal course of performing
their assigned functions. However, we noted
no matters involving the internal control
structure, including procedures for safeguarding
securities, that we consider to be material
weaknesses as defined above as of March 31,
1997.
This report is intended solely for the
information and use of management and
the Securities and Exchange Commission.
/s/ Arthur Andersen LLP
Louisville, Kentucky,
April 30, 1997