Rule 497(j)
File No. 33-91770
File No. 811-9038
April 3, 1996
VIA EDGAR
- ---------
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: The Olstein Financial Alert Fund
Post-Effective Amendment No. 1 to
Registration Statement on Form N-1A
File No. 33-91770
File No. 811-9038
CIK No. 0000944690
Ladies and Gentlemen:
On behalf of The Olstein Financial Alert Fund (a series of
The Olstein Fund) (the "Fund") and pursuant to Rule 497(j) under
the Securities Act of 1933, the undersigned hereby certifies that
the form of Prospectus and Statement of Additional Information
that would have been filed under paragraph (b) or (c) of Rule 497
would not have differed from that contained in Post-Effective
Amendment No. 1 to the Fund's Registration Statement on Form N-1A
as filed electronically on March 29, 1996.
All questions and comments should be addressed to the
undersigned at Rodney Square Management Corporation, Rodney
Square North, 1100 North Market Street, Wilmington, Delaware
19890-0001, phone number: (302) 651-8408.
Sincerely,
/s/ Molly Graham
Senior Fund Administrator
cc: J. Del Raso, Esq.
