THE TOPIARY FUND FOR BENEFIT PLAN INVESTORS (BPI) LLC 345 Park Avenue New York, New York 10154 August 3, 2006 Securities and Exchange Commission 450 Fifth Street, N.W. Washington, D.C. 20549 Attention: Division of Investment Management Re: The Topiary Fund for Benefit Plan Investors (BPI) LLC Post-Effective Amendment No. 4 to the Registration Statement on Form N-2A (File Nos. 333-111561 and 811-21480) ----------------------------------------------------- Ladies and Gentleman: Pursuant to Rule 497(j) under the Securities Act of 1933, as amended (the "1933 Act"), The Topiary Fund for Benefit Plan Investors (BPI) LLC, (the "Fund') hereby certifies that: 1. the form of Prospectus and Statement of Additional Information that would have been filed pursuant to Rule 497(c) under the 1933 Act would not have differed from that contained in Post-Effective Amendment No. 4 to the Fund's Registration Statement on Form N-2A; 2. the text of Post-Effective Amendment No. 4 to the Fund's Registration Statement on Form N-2A was filed electronically with the Securities and Exchange Commission on July 26, 2006. Very truly yours, The Topiary Fund for Benefit Plan Investors (BPI) LLC By: _______*______________ Name: Pamela Kiernan Title: President * By: / s / Carla Teodoro --------------------- Carla Teodoro, as attorney-in-fact