CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS


We  consent  to the  references  to our  firm  under  the  caption  "Financial
Statements" in Pre-Effective  Amendment No. 1 under the Securities Act of 1933
in the  Registration  Statement  (Form N-14 No.  333-71994) of Investec  Funds
dated  November  15, 2001  (formerly  Guinness  Flight  Investment  Funds) and
Statement of  Additional  Information  and to the  incorporation  by reference
therein of our report dated  February 5, 2001 on the  Financial  Statements of
Investec Funds filed with the Securities and Exchange Commission.


                                        /s/ Ernst & Young LLP


Los Angeles, California
November 13, 2001