February 2, 2000
VIA EDGAR SYSTEM
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, DC 20549
Re: Leuthold Funds, Inc.
File Nos. 33-96634 and 811-9094
Rule 497(j) Certification
Ladies & Gentlemen:
The undersigned officer of Leuthold Funds, Inc. (the "Company") does
hereby certify pursuant to Rule 497(j) promulgated under the Securities Act of
1933, as amended:
1. that the form of prospectus and statement of additional information
that would have been filed under paragraph (c) of Rule 497 promulgated under the
Securities Act of 1933, as amended, would not have differed from that contained
in Post-Effective Amendment No. 5 to Form N-1A Registration Statement filed by
the Company on January 31, 2000, which is the most recent amendment to such
registration statement; and
2. that the text of Post-Effective Amendment No. 5 was filed with the
Securities and Exchange Commission by direct transmittal through the EDGAR
system on January 31, 2000.
Very truly yours,
LEUTHOLD FUNDS, INC.
By: /s/ David R. Cragg
David R. Cragg
Vice President
