The Shawmut Funds Federated Investors Federated Investors Tower Pittsburgh, Pennsylvania 15222-3779 (412) 288-1900 July 19, 1995 Mr. Bruce MacNeil EDGAR Operations Branch Securities and Exchange Commission Division of Investment Management 450 Fifth Street, N.W. Washington, D.C. 20549 RE: The Shawmut Funds (the "Registrant") Shawmut Quantitative Equity Fund (the "Fund") Acquisition Of Shawmut Growth Equity Fund 1933 Act No: 33-57465 1940 Act No: 811-58437 Dear Mr. MacNeil: Registrant hereby requests that Registrant's initial registration statement and Pre-effective Amendment No. 1 both on Form N-14 on behalf of the Fund, filed with the Commission on January 27, 1995 and February 24, 1995, respectively, be withdrawn pursuant to Rule 477 of Regulation C of the Securities Act of 1933. Registrant has determined that it does not wish to pursue the acquisition by the Fund of the assets of Shawmut Growth Equity Fund due to certain events that have occured since the filing of the registration statement. For this reason, the Registrant requests that the registration statement not be declared effective. If you have any questions or comments with regard to the filing described above or concerning this request, please call me at (412) 288-8515. Very truly yours, /s/ Robert C. Rosselot Robert C. Rosselot Corporate Counsel