BEAR STEARNS FUNDS
497, 1997-07-30
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                                                                     Rule 497(j)
                                                       Registration No. 33-84842

                             THE BEAR STEARNS FUNDS
                                 245 Park Avenue
                            New York, New York 10167

                                  July 30, 1997
VIA EDGAR
- ---------

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

Attention:   Division of Investment Management

             Re:  The Bear Stearns Funds with respect to:
                  The Insiders Select Fund
                  Registration Statement on Form N-1A;
                  Registration No. 33-84842; File No. 811-8798
                  --------------------------------------------

Dear Sir/Madam:

         Pursuant to Rule 497(j) under the  Securities  Act of 1933,  as amended
(the "1933 Act"),  The Bear Stearns Funds (the  "Registrant"),  on behalf of the
Insiders Select Fund, hereby certifies that:

          (1)  the form of prospectus  and  statement of additional  information
               that would have been filed pursuant to Rule 497(c) under the 1933
               Act would not have differed from that contained in Post-Effective
               Amendment No. 13 to the  Registrant's  Registration  Statement on
               Form  N-1A,   constituting  the  most  recent  amendment  to  the
               Registrant's Registration Statement on Form N-1A; and

          (2)  the text of  Post-Effective  Amendment No. 13 to the Registrant's
               Registration Statement on Form N-1A was filed electronically with
               the  Securities  and  Exchange   Commission  on  July  28,  1997,
               accession number 0000922423-97-000633,  which became effective on
               July 29, 1997.

                                                     Very truly yours,


                                                     /s/ Frank J. Maresca
                                                     ---------------------
                                                     Frank J. Maresca
                                                      Vice President


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