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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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008 A000501 FIRST OF AMERICA INVESTMENT CORP.
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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SIGNATURE BARBARA ROGERS
TITLE SUPERVISOR
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</TABLE>
Report of Independent Auditors
To the Shareholders and
Board of Trustees of
The Parkstone Advantage Funds
In planning and performing our audit of the financial statements
of the Parkstone Advantage Funds for the year ended
December 31, 1997, we considered its internal control, including
control activities 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.
The management of the Parkstone Advantage Funds is
responsible for establishing and maintaining internal
control. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected
benefits and related costs of controls. Generally, controls
that are relevant to an audit pertain to the entity's objective
of preparing financial statements for external purposes that are
fairly presented in conformity with generally accepted
accounting principles. Those controls include the
safeguarding of assets against unauthorized acquisition, use or
disposition.
Because of inherent limitations in internal control, errors or
fraud may occur and not be detected. Also, projection of any
evaluation of internal control 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 internal control would not necessarily
disclose all matters in internal control 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
one or more of specific internal control components does not
reduce to a relatively low level the risk that errors or
fraud 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 internal control and
its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as
defined above at December 31, 1997.
This report is intended solely for the information and use of
the board of trustees and management of the Parkstone
Advantage Funds and the Securities and Exchange Commission.
Cincinnati, Ohio
February 13, 1998
