October 31, 1994
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
ATTN: Office of Filings, Information and Consumer Services
RE: Consulting Group Capital Markets Funds
File Nos. 33-40823 and 811-6318
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 above-referenced registrant
does not differ from that contained in Post-Effective Amendment No. 7 (the
"Amendment") to the fund's Registration Statement on Form N-1A. This
Amendment was filed electronically on October 20, 1994.
Any comments on this filing should be directed to James B. O'Connell,
Senior Legal Product Manager, at (617) 722-3931.
Very truly yours,
/s/ Lee D. Augsburger
Lee D. Augsburger
Assistant Secretary
shared/shearsn2/trak/peas497j
