SCHWARTZ INVESTMENT TRUST, 497J, 2000-05-04

SCHWARTZ INVESTMENT TRUST
497J, 2000-05-04

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                               SCHWARTZ VALUE FUND

May 4, 2000

Securities and Exchange Commission
Public Filing Desk
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549

Re:  Schwartz Investment Trust
     File No. 33-51626

Ladies and Gentlemen:

Pursuant  to Rule  497(j)  under the  Securities  Act of 1933,  the  undersigned
certifies   that  (i)  the  form  of  Prospectus  and  Statement  of  Additional
Information that would have been filed under paragraph (c) of Rule 497 would not
have differed from that  contained in the most recent  amendment to the Schwartz
Investment Trust's registration  statement on Form N-1A and (ii) the text of the
most  recent  amendment   (Post-Effective   Amendment  No.  9)  has  been  filed
electronically.

Very truly yours,

/s/ Wade Bridge

Wade Bridge
Assistant Secretary