CONSENT



In our capacity as special Brazilian counsel to The Latin America Equity
Fund, Inc. and The Latin America Investment Fund, Inc., we hereby consent to
being named in the Statement of Additional Information included in the
Registration Statement on Form N-14 under the caption "Brazilian Taxes" and
to the filing of this consent with the United States Securities and Exchange
Commission as part of the Registration Statement in connection with the
merger of The Latin America Equity Fund, Inc. with and into The Latin America
Investment Fund, Inc.

                                   Tozzini, Freire, Teixeira E Silva












Sao Paulo, Brazil

August 1, 2000