PANORAMA TRUST, 497J, 1996-04-08

PANORAMA TRUST
497J, 1996-04-08

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							April 8, 1996


VIA EDGAR	

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

Attention:  Office of Filings, Information & Consumer 
Services

	Re:	Panorama Trust (the "Trust")
		File Nos. 811-9050/33-92712                    
  

Dear Sir or Madam:

		Pursuant to Rule 497(j) under the Securities Act 
of 1933, as amended,  please accept this letter as 
certification that the prospectus and statement of 
additioanl information for the above-referenced Trust does 
not differ from that contained in Post-Effective Amendment 
No. 4 (the "Amendment") to the Trust's Registration 
Statement on Form N-1A.  This Amendment was filed 
electronically on April 1, 1996.

		Any comments on this filing should be directed 
Kathleen A. Strong, Senior Legal Product Manager, at (617) 
248-3518.

		Please return an electronic transmittal as 
evidence of your receipt of this filing.


							Very truly yours,

							/s/ Gail A. Hanson
							Gail A. Hanson
							Counsel




cc:	J. Barri, Esq.- Hale and Dorr
	R. Hearn- Pictet International Management Limited
	D. Fies
	G. Hanson, Esq.
	C. Crowley	
       T. Hogan



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