FREMONT MUTUAL FUNDS INC
497J, 2000-02-15
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                    INVESTMENT COMPANY ADMINISTRATION, L.L.C.
                        2020 E. FINANCIAL WAY, SUITE 100
                               GLENDORA, CA 91740
                                 (626) 852-1033
                               FAX (626) 852-1039

February 15, 2000

VIA EDGAR
- ---------

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

     RE:  Fremont Mutual Funds, Inc.
          Rule 497(j);
          File Nos. 33-23453 and 811-5632
          CIK No.  837389

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 Fremont Mutual Funds,  Inc. (the "Funds"),  does
not  differ  from  that  contained  in  Post-Effective  Amendment  No.  35  (the
"Amendment") to the Trust's Registration  Statement on Form N1-A. This Amendment
was filed electronically on February 10, 2000

     If you have  any  questions,  please  do not  hesitate  to call me at (626)
852-1033.

Very truly yours,

/s/ Robert M. Slotky

Robert M. Slotky

cc:  Julie Allecta, Esq.
     Tina Thomas



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