CONSENT

      We hereby consent to the references to our firm under the following
captions under the heading "Summary - The Reorganization," "Additional
Information About the Agreement - Other Terms," "Additional Information About
the Agreement - Federal Income Tax Consequences" and "Legal Matters," in the
combined proxy statement/prospectus contained in Pre-Effective Amendment No. 2
to AIM Investment Funds' Registration Statement on Form N-14 (File No.
333-138762).


                                          Ballard Spahr Andrews & Ingersoll, LLP


January 25, 2007