PIC INVESTMENT TRUST
300 North Lake Avenue
Pasadena, CA 91101
Tele No. 626-449-8500
VIA EDGAR
November 12, 1999
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549-1004
Re: PIC Investment Trust
File Nos. 33-44579 and 811-06498
Dear Sir/Madam:
On behalf of PIC Investment Trust (the "Registrant"), I hereby submit
this application for withdrawal of Post-Effective Amendment No. 33 to the
Registrant's Registration Statement on Form N-1A (the "Amendment") pursuant to
Rule 477(a) of the Securities Act of 1933 (the "Act").
The Amendment was filed to register Concentrated Fund I and UAM
Provident Focus Fund, two new series of the Registrant. The Amendment is being
withdrawn because the Registrant has decided not to establish these two new
series.
The Amendment will become effective on December 29, 1999 pursuant to
Rule 485(a) of the Act. Please issue an order with respect to this application
for withdrawal as soon as possible.
Pursuant to the requirements of Rule 478 of the Act, this application
for withdrawal of the Amendment has been duly signed by the President of the
Registrant this 8th day of November, 1999.
Very truly yours,
/s/ Douglas B. Allen
Douglas B. Allen
President