SCM INVESTMENT TRUST, 497J, 1998-06-29

SCM INVESTMENT TRUST
497J, 1998-06-29

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                              SCM INVESTMENT TRUST
                           105 North Washington Street
                              Post Office Drawer 69
                     Rocky Mount, North Carolina 27802-0069
                            Telephone (919) 972-9922


                                  June 29, 1998


VIA EDGAR

Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC  20549

RE:   SCM Investment Trust (the "Trust");  (File Nos.  33-49831 and 811-8745) on
      behalf of the SCM Strategic Growth Fund


Ladies and Gentlemen,


Pursuant to Rule 497(j) under the  Securities  Act of 1933,  as amended,  please
accept  this  letter as  certification  that the  prospectus  and  statement  of
additional  information  for the Fund does not  differ  from that  contained  in
Pre-Effective  Amendment  No. 1 (the  "Amendment")  to the Trust's  Registration
Statement on Form N-1A, which was filed electronically on June 24, 1998.


Yours truly,

/s/ C. Frank Watson III
C. Frank Watson III
Secretary