1933 Act Rule 497(j)
1933 Act File No. 33-20943
1940 Act File No. 811-5425
STRADLEY, RONON, STEVENS & YOUNG, LLP
2600 One Commerce Square
Philadelphia, PA 19103
(215) 564-8000
Direct Dial: (215) 564-8102
May 1, 1997
FILED via EDGAR
U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Filing Desk
Re: Phillips Capital Investments, Inc.
File Nos. 33-20943 and 811-5425
Rule 497(j) Filing
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, this letter
serves as certification that the forms of Prospectuses and Statements of
Additional Information that would have been filed under paragraph (c) of Rule
497 would not have differed from those contained in Post-Effective Amendment
Nos. 9/12 to the Registration Statement of Phillips Capital Investments, Inc.
which was filed with the SEC electronically on April 29, 1997.
<PAGE>
U.S. Securities and Exchange Commission
May 1, 1997
Page 2
Please direct any questions or comments relating to this certification to
me or, in my absence, to Joseph V. Del Raso at (215) 564-8047.
Very truly yours,
/s/ Dorothy M. Allison
Dorothy M. Allison, Esquire
DMA/go
cc: Mr. Phil Phillips
Joseph V. Del Raso, Esquire
