E TRADE FUNDS
497J, 2000-05-05
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                                  E*TRADE Funds
                               4500 Bohannon Drive
                              Menlo Park, CA 94025

                                   May 5, 2000



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C.  20549

                  Re:      E*TRADE Funds
                           File Nos. 333-66807 and 811-09093

Dear Madam or Sir:

     Pursuant  to Rule  497(j)  under the  Securities  Act of 1933,  as amended,
E*TRADE Funds (the "Trust") hereby  certifies that the form of its  Prospectuses
and  Statements of  Additional  Information  for the Trust,  with respect to the
E*TRADE S&P 500 Index,  E*TRADE  Extended  Market Index,  E*TRADE Bond Index and
E*TRADE  International Index Funds, that would have been filed under Rule 497(c)
would not have differed from that contained in the Trust's most recent amendment
with  respect  to  these  series,   Post-Effective   Amendment  No.  19  to  its
Registration Statement on Form N-1A. The Trust's Post-Effective Amendment No. 19
to its  Registration  Statement on Form N-1A was filed  electronically  with the
Commission on April 28, 2000.

                                                     Very truly yours,


                                                 /s/ W. David Moore
                                                     ------------------
                                                     W. David Moore
                                                     Title:  Vice President

cc:      Laura J. Riegel, Esq.
         Securities and Exchange Commission



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