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NICHOLAS-APPLEGATE MUTUAL FUNDS
600 West Broadway, 30th Floor
San Diego, California 92101
August 13, 1998
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Nicholas-Applegate Mutual Funds
Rule 497(j) Certificate
File Nos. 811-7428, 33-56094
CIK No. 0000895430
Ladies and Gentlemen:
This is in reference to the prospectus included as part of
Post-Effective Amendment No. 65 (the "Amendment") to the Form N-1A Registration
Statement of Nicholas-Applegate Mutual Funds (the "Fund") under the Securities
Act of 1933 (the "1933 Act") (Amendment No. 67 under the Investment Company Act
of 1940), which became effective on July 24, 1998. The Fund hereby certifies
that the form of prospectus that would have been filed with the Commission
pursuant to Rule 497(c) under the 1933 Act would not have differed from that
contained in the Amendment, and that the text of the most recent amendment to
such Registration Statement has been filed electronically.
Very truly yours,
s/ Charles Field
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Assistant Secretary