Investment Company Administration Corporation
479 West 22nd Street
New York, NY 10011
Tel: 212-633-9700
September 25, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549-1004
Re: MATRIX/LMH VALUE FUND, INC. (Formerly LMH Fund, Ltd.) (the "Registrant")
Post-Effective Amendment No. 17 to Registration
Statement on Form N-1A filed pursuant to Rule
485(b) under the Securities Act of 1933
File No. 2-84222; 811-3758 CIK No. 720498
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933 (the "1933 Act"),
MATRIX/LMH VALUE FUND, INC. (the "Registrant") hereby certifies that:
(1) the forms of prospectus and statement of additional information
that would have been filed pursuant to Rule 497(c) under the 1933 Act would not
have differed from those contained in Post-Effective Amendment No. 17 to the
Registrant's Registration Statement on Form N-1A, constituting the most recent
amendment to the Registrant's Registration Statement on Form N-1A; and
(2) the text of Post-Effective Amendment No. 17 to the Registrant's
Registration Statement on Form N-1A was filed electronically with the Securities
and Exchange Commission on September 16, 1997.
Very truly yours,
Steven J. Paggioli
Assistant Secretary
