VIA EDGAR
February 29, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Baupost Fund (Reg. No. 33-35851)(811-6138) (the "Fund")
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Fund
hereby certifies that the form of prospectus and Statement of Additional
Information that would have been filed on behalf of the Fund pursuant to Rule
497(c) upon the effectiveness of Post-Effective Amendment No. 7 to the Fund's
Registration Statement on Form N-1A (the "Amendment") would not have differed
from that contained in the Amendment, which is the most recent amendment to
such Registration Statement and was filed electronically on February 28, 1996.
Comments or questionss concerning this certificate may be directed to Bryan
Chegwidden at (617) 951-7400.
Very truly yours,
THE BAUPOST FUND
By: /s/ Paul C. Gannon
Paul C. Gannon
Vice President
