CAPSTONE FIXED INCOME SERIES INC
497J, 1995-05-04
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<PAGE>   1
                      CAPSTONE FIXED INCOME SERIES, INC.

                                CERTIFICATION


        The undersigned, President of Capstone Fixed Income Series, Inc -
Capstone Government Income Fund, a Maryland corporation (the "Fund"), hereby
certifies that:

        (a)  The form of Prospectus and Statement of Additional Information
             that would have been filed pursuant to Rule 497(c) of the
             Securities Act of 1933, as amended, would not have differed from
             that contained in Post-Effective Amendment No. 45 to the 
             Registration Statement of the Fund.

        (b)  The text of Post-Effective Amendment No. 45 to the Registration
             Statement of the Fund has been filed electronically.

        IN WITNESS WHEREOF, the undersigned has signed and delivered this
Certification as of the 3rd day of May, 1995.



                                        /s/  EDWARD L. JAROSKI             
                                        -----------------------------------
                                        Edward L. Jaroski                  
                                        President                          







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