FREMONT MUTUAL FUNDS INC
497J, 1999-03-05
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                    INVESTMENT COMPANY ADMINISTRATION, L.L.C.
                        2020 E. FINANCIAL WAY, SUITE 100
                               GLENDORA, CA 91741


March 4, 1999

VIA EDGAR

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004

Re:      Fremont Mutual Funds, Inc.
         Registration No. 33-23453 and File No. 811-5632
         Filing Pursuant to Rule 497 (j)

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 Fremont Mutual Funds, Inc. does not differ from that
contained in  Post-Effective  Amendment No. 34 (the  "Amendment")  to the Fund's
Registration  Statement on Form N1-A. This Amendment was filed electronically on
March 1, 1999, Accession No. 0001012709-99-000124.

Please give me a call if you have any questions at (626) 852-1033.

Very Truly Yours,

/s/ Robert M. Slotky

Robert M. Slotky


cc:      Julie Allecta, Esq.
         Tina Thomas



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