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Law Offices
DRINKER BIDDLE & REATH LLP
Philadelphia National Bank Building
1345 Chestnut Street
Philadelphia, PA 19107-3496
Telephone: (215) 988-2700
Fax: (215) 988-2757
May 11, 1998
VIA EDGAR TRANSMISSION
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: THE GALAXY VIP FUND
File Nos. (33-49290/811-6726)
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Ladies and Gentlemen:
On behalf of The Galaxy VIP Fund ("Galaxy VIP") and pursuant to Rule
497(j) under the Securities Act of 1933, as amended, (the "1933 Act"), I hereby
certify that (i) the Prospectus and Statement of Additional Information listed
below that would have been filed under paragraph (c) of Rule 497 under the 1933
Act would not have differed from the Prospectus and Statement of Additional
Information contained in Galaxy VIP's most recent Post-Effective Amendment to
its Registration Statement on Form N-1A under the 1933 Act and the Investment
Company Act of 1940, as amended, ("PEA #7"), which was filed on April 30, 1998;
and (ii) the text of PEA #7 has been filed electronically.
The Prospectus and Statement of Additional Information referenced
above, which would otherwise have been filed pursuant to Rule 497(c), are:
(1) Prospectus dated April 30, 1998 for the Money Market Fund, Equity
Fund, Growth and Income Fund, Small Company Growth Fund, Columbia
Real Estate Equity Fund II, Asset Allocation Fund, High Quality
Bond Fund and Columbia High Yield Fund II; and
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Securities and Exchange Commission
May 11, 1998
Page 2
(2) Statement of Additional Information dated April 30, 1998 for the
Money Market Fund, Equity Fund, Growth and Income Fund, Small
Company Growth Fund, Columbia Real Estate Equity Fund II, Asset
Allocation Fund, High Quality Bond Fund and Columbia High Yield
Fund II.
Questions and comments concerning this letter may be directed to the
undersigned at (215) 988-2447.
Very truly yours,
/s/Daniel J. Igo
Daniel J. Igo
Fund Production Specialist
