ACCOLADE FUNDS
AW, 1996-06-21
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                                 ACCOLADE FUNDS
                               Bonnel Growth Fund
                                Leeb Value Fund

                              7900 Callaghan Road
                         Mail Address: P.O. Box 781234
                         San Antonio, Texas 78278-1234
                               Tel (210) 308-1234

                                  June 21, 1996


Mr. Anthony Vertuno
Investment Management
Securities and Exchange Commission
450 Fifth Street N.W.
Washington, D.C.  20549

SUBJECT:  Accolade Funds - CIK 0000902042
          Request for Withdrawal of Amendment to Registration Statement
          File No. 033-61542

Dear Mr. Vertuno:

Pursuant to Rule 477 of the Securities Act of 1933, the Registrant requests that
the filing referenced below be withdrawn since it was mistakenly submitted using
an incorrect Form Type. Additional information follows:

         Form Type:  N1A/A
         Accession Number:  0000902042-96-000040
         Filing Date:  June 13, 1996

Please call Tom Tays or Kathleen  Eicher in my office if you require  additional
material. Thank you for your consideration in this matter.

Sincerely,

/s/ Susan B. McGee

Susan B. Mc Gee
Assistant Vice President, Secretary

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