CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the incorporation by reference in the Combined
Prospectus/Proxy Statement and Statement of Additional Information constituting
parts of this registration statement on Form N-14 (the "N-14 Registration
Statement") of our reports dated December 21, 2000, relating to the October 31,
2000 financial statements and financial highlights of J.P. Morgan Institutional
Global Strategic Income Fund and the financial statements and supplemental data
of The Global Strategic Income Portfolio, which appear in the October 31, 2000
Annual Reports to Shareholders, which are also incorporated by reference into
the N-14 Registration Statement. We also consent to the references to us under
the headings "Certain Arrangements with Service Providers- Other Services,"
"Accountants," "Financial Statements and Experts" and "Financial Statements" in
such Registration Statement.

We also consent to the references to us under the headings "Financial
Highlights," "Independent Accountants" and "Financial Statements" in J.P. Morgan
Institutional Global Strategic Income Fund's registration statement on Form
N-1A, dated March 1, 2001, which is incorporated by reference into this N-14
Registration Statement.




PricewaterhouseCoopers LLP
1177 Avenue of the Americas
New York, NY 10036
April 12, 2001




                       CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the incorporation by reference in the Combined
Prospectus/Proxy Statement and Statement of Additional Information constituting
parts of this registration statement on Form N-14 (the "N-14 Registration
Statement") of our reports dated December 21, 2000, relating to the October 31,
2000 financial statements and financial highlights of J.P. Morgan Global
Strategic Income Fund and the financial statements and supplemental data of The
Global Strategic Income Portfolio, which appear in the October 31, 2000 Annual
Reports to Shareholders, which are also incorporated by reference into the N-14
Registration Statement. We also consent to the references to us under the
headings "Certain Arrangements with Service Providers- Other Services,"
"Accountants," "Financial Statements and Experts" and "Financial Statements" in
such Registration Statement.

We also consent to the references to us under the headings "Financial
Highlights," "Independent Accountants" and "Financial Statements" in J.P. Morgan
Global Strategic Income Fund's registration statement on Form N-1A, dated March
1, 2001, which is incorporated by reference into this N-14 Registration
Statement.




PricewaterhouseCoopers LLP
1177 Avenue of the Americas
New York, NY 10036
April 12, 2001