ERNST & Young LLP             Ernst & Young LLP            Phone: (213) 977-3200
                              725 South Figueroa Street    www.ey.com
                              Los Angeles, CA 90017-5418


CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS

We  consent  to  the  references  to  our  firm  under  the  caption  "Financial
Highlights" in Post Effective  Amendment No.105 under the Securities Act of 1933
and  Amendment  No.  107  under  the  Investment  Company  Act  of  1940  to the
Registration  Statement (Form N-1A, 1933 Act Registration File No. 333-17391 and
1940 Act File No. 811-07959) and related  Prospectus and Statement of Additional
Information  of The  Dessauer  Global  Equity Fund and to the  incorporation  by
reference  therein  of our  report  dated  May 13,  2002,  with  respect  to the
financial  statements and financial highlights included in the Annual Report for
the  year  ended  March  31,  2002,  filed  with  the  Securities  and  Exchange
Commission.


/s/ Ernst & Young LLP

Los Angeles, California

August 27, 2002