CONSENT OF INDEPENDENT AUDITORS

We  consent  to the use of our  report  on the  Touchstone  Series  Trust  dated
February  16,  2000  incorporated  in  Pre-Effective  Amendment  No.  1  to  the
Registration  Statement  (1933  Act  File  No.  333-95787  and 1940 Act File No.
811-03651) of Countrywide Strategic Trust.

                                        /s/ ERNST & YOUNG LLP

Cincinnati, Ohio
March 27, 2000