JULIUS BAER INVESTMENT FUNDS
                               330 Madison Avenue
                            New York, New York 10017


June 14, 2004

VIA ELECTRONIC TRANSMISSION

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

Re:   JULIUS BAER INVESTMENT FUNDS
      Registration Nos. 33-47507/811-6652
      Request for Withdrawal of Amendment to Registration Statement on Form N-1A

Ladies and Gentlemen:

Pursuant to Rule 477(a) under the  Securities  Act of 1933 (the "1933 Act"),  as
amended, Julius Baer Investment Funds (the "Registrant") requests the withdrawal
of Post-Effective Amendment No. 29 to the Registrant's Registration Statement on
Form N-1A filed on April 16, 2004 (the "Amendment").

The Registrant  filed the Amendment with the Securities and Exchange  Commission
pursuant  to Rule  485(a)  of the  1933  Act  relating  to  Julius  Baer  Global
Opportunistic  Equity Fund (the "Fund"),  one of the series of the Trust,  which
became  effective  on November 8, 2002 but whose shares have not been offered or
sold. An affiliate of the Trust,  The European  Warrant Fund,  Inc., has filed a
registration  statement on Form N-1A for Julius Baer Global  Equity Fund Inc., a
fund with a similar  investment  strategy  to the Fund.  Please  note that Linda
Sterling,  Esq.,  Senior  Counsel,  Branch  22 of  the  Division  of  Investment
Management,  has  reviewed  the  registration  statement  for Julius Baer Global
Equity Fund Inc.

The Registrant is requesting  withdrawal of the Amendment because it has decided
not to offer or sell shares of the Fund at this time. This Amendment has not yet
become effective and no securities were sold in connection with this offering.

The Registrant  hereby requests that an order be issued granting its request for
withdrawal of the Amendment as soon as is practicable.

Very truly yours,
/s/ Michael K. Quain
Michael K. Quain
President and Chief Executive Officer