CERTIFICATION OF
ICM SERIES TRUST
ICM/ISABELLE SMALL CAL VALUE FUND
ICM SERIES TRUST, ICM/ISABELLE SMALL CAP VALUE FUND (the "Registrant") does
hereby certify as follows:
1. This certification is made pursuant to Rule 497(j) of the Securities
Act of 1933, as amended.
2. Reference is made to the Registrant's Prospectus and Statement of
Additional Information each dated May 1, 2000 filed by the Registrant
pursuant to Post-Effective amendment No. 03 (File No. 33-40819;
811-8507), which was filed with the Securities and Exchange Commission
on May 1, 2000 (the "Post-Effective Amendment").
3. The Post-Effective Amendment is the most recent post-effective
amendment filed by the Registrant.
4. The form of Registrant's Prospectus and Statement of Additional
Information that would have been filed under Rule 497(c) of the
Securities Act of 1933 would not have differed from that contained in
the Post-Effective Amendment.
5. The text of the Post-Effective Amendment has been filed electronically.
ICM SERIES TRUST
ICM/ISABELLE SMALL CAP VALUE FUND
/s/ WARREN J. ISABELLE
---------------------------------
By: Warren J. Isabelle
Title: President
Dated: May 1, 2000
