JPM INSTITUTIONAL FUNDS
497J, 1997-07-15
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The JPM Institutional Funds
60 State Street, Suite 1300
Boston, MA 02109
(617) 557-0700

July 15, 1997


VIA EDGAR

U.S. Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549

Dear Sir or Madam:

Re:     The JPM Institutional Funds (the "Registrant") (File Nos. 33-54642 and
        811-7342); Prospectuses for The JPM Institutional New York Total Return
        Bond Fund and The JPM Institutional Global Strategic Income Fund and The
        JPM Institutional Funds Statement of Additional Information dated July
        14, 1997

Pursuant to Rule  497(j)  under the  Securities  Act of 1933,  as  amended,  the
Registrant  hereby  certifies  that the form of the captioned  prospectuses  and
statement of additional information that would have been filed by the Registrant
pursuant to Rule 497(c) upon the effectiveness of  post-effective  amendment No.
35 to the Registrant's  registration  statement on Form N-1A (File No. 33-54642)
(the "Amendment")  would not have differed from that contained in the Amendment,
which  is the  most  recent  amendment  to  such  registration  statement  filed
electronically on July 14, 1997 (Accession No. 0001016964-97- 0000121).

Please direct any comments or questions  concerning  this  certification  to the
undersigned at (617) 557-0700.

Very truly yours,

THE JPM INSTITUTIONAL FUNDS


By:      /s/ Elizabeth A. Keeley
         Elizabeth A. Keeley
         Vice President and Assistant Secretary

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