LAIDLAW COVENANT FUND, 497J, 1996-05-03

LAIDLAW COVENANT FUND
497J, 1996-05-03

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                                                    May 3, 1996

U.S. Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549

Attention: Filings - Rule 497(j)

           Re: The Laidlaw Covenant Fund (the "Fund")
               Registration Statement File Nos.: 33-60510 and 811-7604

Dear Sir/Madam:

     Pursuant to Rule 497(j) under the Securities Act of 1933, this is to
certify that the form of the Fund's Prospectus and Statement of Additional
Information that would have been filed under paragraphs (b) or (c) of this
section does not differ from that contained in the most recent amendment,
Post-Effective Amendment No. 3 to the Fund's Registration Statement, which was
electronically filed with the Securities and Exchange Commission on April 29,
1996.

                                       Very truly yours,


                                       /s/ Joseph V. Del Raso
                                       Assistant Secretary