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[LETTERHEAD, STATE STREET BANK AND TRUST COMPANY]
January 2, 1997
VIA EDGAR
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: THE VALIANT FUND (THE "FUND") (FILE NOS. 33-59840 AND 811-7582)
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, please
accept this letter as certification that the forms of prospectuses and
statement of additional information dated December 30, 1996 for the Fund do
not differ from those contained in Post-Effective Amendment No. 5 (the
"Amendment No. 5") to the Fund's Registration Statement on Form N-1A.
Amendment No. 5 filed electronically on December 30, 1996.
If you have any questions concerning this matter, please call me directly at
(617) 985-1131.
Very truly yours,
/s/ Cynthia Surprise
Cynthia Surprise
Associate Counsel
cc: Susan M. Beauregard
Richard F. Curcio
Richard S. Enfield
