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 on Form N-1A 
         File No. 033-61542

Dear Mr. Vertuno:

Pursuant to Rule 477 of the Securities Act of 1933, the Registrant requests that
the Amendment  referenced above be withdrawn  because the signature page was not
included in the filing. Additional information follows:

         Form Type:  485APOS
         Accession Number:  0000902042-96-000042
         Filing Date:  June 14, 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. McGee
Assistant Vice President, Secretary

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