THE CUTLER TRUST



                                                                 FILED VIA EDGAR
                                                                 ---------------

August 28, 2009


U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549


         Re:    The Cutler Trust
                File No. 811-07242

Attached  for filing,  pursuant to Rule 17g-1 of the  Investment  Company Act of
1940, as amended (the "1940 Act"),  please find a copy of the Investment Company
Bond (the "Bond") for The Cutler Trust (the "Trust") under Exhibit 99-1.

Also enclosed is a copy of the  resolutions  adopted by the Board of Trustees of
the Trust,  including a majority of the members  thereof who are not "interested
persons" (as defined by the 1940 Act) of the Trust,  approving the amount, type,
form and coverage of the Bond, now in effect for the Trust under EXHIBIT 99-2.

Premiums for the Bond have been paid for the policy  period  beginning  June 30,
2009 and ending June 30, 2010.

If you have any questions  about this filing,  please contact the undersigned at
(513) 587-3418.


Very truly yours,

/s/ Tina H. Bloom

Tina H. Bloom
Assistant Secretary