CMC FUND TRUST
497J, 1998-12-24
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                                 CMC Fund Trust
                             1300 S.W. Sixth Avenue
                               Portland, OR 97201



                                December 24, 1998



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

         Re:      CMC Fund Trust
                      - CMC Small Cap Fund Portfolio
                      - CMC International Stock Fund Portfolio
                      - CMC High Yield Fund Portfolio
                      - CMC Short Term Bond Fund Portfolio
                  File Nos. 33-30394, 811-5857, CIK 0000854126

     Pursuant to Rule 497 (j) under the Securities Act of 1933, the Registrant
certifies that the forms of Prospectuses and Statements of Additional
Information that would have been filed pursuant to Rule 497 (c) under the
Securities Act of 1933, as amended, would not have differed from those contained
in Post-Effective Amendment No. 15 to the Registration Statement on Form N1-A
for the above Registrant as filed electronically with the Securities and
Exchange Commission on December 24, 1998.

     Any questions regarding this transmission can be directed to Mark Wentzien
at (503) 795-6397.

                                 Very truly yours,

                                 CMC Fund Trust



                                 By:  J. JERRY INSKEEP, JR.      
                                     --------------------------------
                                      President




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