<PAGE>
October 10, 1996
VIA EDGAR
U.S. Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Re: IBJ Funds Trust
File No. #33-83430
CIK #0000929189
Dear Sir/Madam:
On October 10, 1996 a Post-Effective Amendment pursuant to Rule 485(b)
for Life Cycle Mutual Funds, Inc. was filed in error under CIK #0000929189,
which is designated for IBJ Funds Trust. Pursuant to Rule 477 of the Securities
Act of 1933, we hereby request withdrawal of the Post-Effective Amendment No. 2
to the Securities Act of 1933/Registration Statement No. 3 of the Investment
Company Act of 1940. We inadvertenly used the incorrect CIK number. Life Cycle's
Post-Effective Amendment pursuant to Rule 485(b) was correctly refiled on
October 10, 1996 under CIK #0000947432.
If you have any questions or problems, I may be reached at
(212) 808-3906.
Sincerely,
/s/ Sheryl Hirschfeld
----------------------------------
Sheryl Hirschfeld
Assistant Secretary
IBJ Funds Trust
SH/tmj