Converted by EDGARwiz

DECHERT LLP

1900 K STREET, N.W.

WASHINGTON, D.C. 20006

(202) 261-3300

October 23, 2015

VIA ELECTRONIC TRANSMISSION

Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

Re:

Fenimore Asset Management Trust

File Nos. 33-7190 and 811-4750

Ladies and Gentlemen:

Enclosed for filing on behalf of Fenimore Asset Management Trust (the

“Trust”), pursuant to Rule 485(a) under the Securities Act of 1933, as amended (the

“1933 Act”), is Post-Effective Amendment No. 55 to the Trust’s Registration

Statement on Form N-1A with respect to the Trust’s three separate investment

series: FAM Value Fund, FAM Equity-Income Fund and FAM Small Cap Fund

(the “Funds”).

The sole purpose of this filing is to add disclosure to the Trust’s

Registration Statement regarding the proposed new Institutional Shares which are

being added to each of the Funds. The Trust currently offers only a single class of

shares, which have been designated as Investor Shares. The primary differences

between the two share classes is based upon the shareholder servicing arrangements

applicable to each share class. The Investor Shares and the Institutional Shares are

each subject to separate Shareholder Administrative Servicing Plans that provide

for different levels of fees based upon the differing level of services offered to the

share classes.

On behalf of the Trust, we hereby undertake to make an additional filing of

the Trust’s Registration Statement before the sixtieth day following this filing in

order to respond to any comments that the Staff might have with respect to this

filing and to add additional exhibits and any additional non-material disclosure that

may be required in order to complete the Registration Statement and the

effectiveness of the Institutional Shares.

As counsel to the Trust, we hereby request in reliance upon Securities Act

Release No. 6510 and Investment Company Act Release No. 13768 (February 15,

1984), that this Post-Effective Amendment No. 55 receive selective review from

the Commission and its Staff due to the fact that the disclosure set forth herein is

substantially similar to the disclosure concerning the Trust and each of the Funds

that has previously been filed in the Trust’s Post-Effective Amendment No. 53 on

April 30, 2015. Accordingly, we request that your review be done solely in the

context of the disclosure of the proposed Institutional Shares of the Funds which

are described more fully in the filing.

Please do not hesitate to contact the undersigned at (202) 261-3364 if you

have any questions regarding this filing.

Very truly yours,

/s/ Patrick W.D. Turley