November 27, 2002

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn:    Division of Investment Management

         Re:      Withdrawal of 485B Filing
                  Accession No. 0000088053-02-001183
                  ----------------------------------

Dear Sir or Madam:

     Please withdraw the above noted 485B filing for Cash Equivalent  Fund. This
document had an error that has been corrected and refiled.

     Please  contact  me at  (617)  295-2578  with  any  questions  you may have
concerning the foregoing.

Thank You.


                                                    Very truly yours,



                                                    /s/Linda DiSola
                                                    -----------------------
                                                    Linda DiSola
                                                    Manager - Edgar Group