Putnam Investments
One Post Office Square
Boston, MA 02109
January 7, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
RE: Putnam Funds Trust (Reg. No. 333-515) (811-7513)
Post-Effective Amendment No. 24 to Registration Statement
on Form N-1A
Putnam Latin America Fund
Putnam Asia Pacific Fund II
Putnam High Yield Fund II
Putnam Investment Funds (Reg. No. 33-56339) (811-7237)
Post-Effective Amendment No. 29 to Registration Statement
on Form N-1A
Putnam Emerging Markets Fund
Putnam International Fund
Putnam International Voyager Fund
Putnam New Value Fund
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended, each Trust hereby certifies that the form of Prospectuses and
Statements of Additional Information that would have been filed on
behalf of Putnam Funds Trust and Putnam Investment Fund pursuant to Rule
497(c) upon the effectiveness of Post-Effective Amendment No. 24 and 29,
respectively, to their Registration Statement on Form N-1A (the
"Amendment") would not have differed from that contained in the
Amendment, which is the most recent amendment to such Registration
Statement and was filed electronically on December 30, 1999.
Comments or questions concerning this certificate may be directed
to Jill Grossberg at 1-800-225-2465, ext. 11913
Very truly yours,
Putnam Funds Trust
Putnam Investment Funds
/s/ Gordon H. Silver
By: ------------------------------------
Gordon H. Silver
Vice President
cc: David Coombs, Esq.
