January 25, 2006



Schroder Global Series Trust
875 Third Avenue, 22nd Floor
New York, New York 10022


Ladies and Gentlemen:

         We are furnishing this opinion in connection with Post-Effective
Amendment No. 3 (the "Amendment") to the Registration Statement on Form N-1A
(the "Registration Statement") of Schroder Global Series Trust (the "Trust")
filed with the Securities and Exchange Commission (the "Commission") under the
Securities Act of 1933, as amended (File No. 333-105659), and the Investment
Company Act of 1940, as amended (File No. 811-21364), for the registration of an
indefinite number of shares of beneficial interest in a separate class (the
"Advisor Shares") of the Trust's Schroder North American Equity Fund series (the
"Fund"). An initial registration statement of the Trust on Form N-1A relating to
the Investor Shares of the Fund was filed May 29, 2003. The Advisor Shares of
the Trust are proposed to be sold pursuant to the Distribution Agreement, dated
September 15, 1999, between the Trust and Schroder Fund Advisors Inc., which has
been filed as an exhibit to the Registration Statement.

         We have acted as counsel to the Trust since its organization and in
connection with the Amendment. We are familiar with the actions taken by the
Trustees of the Trust to authorize the issuance of the Advisor Shares. We have
examined the Trust's Agreement and Declaration of Trust, as amended and restated
on March 1, 1997, on file in the office of the Secretary of The Commonwealth of
Massachusetts (the "Declaration of Trust"), the Trust's Third Amended and
Restated Bylaws dated December 7, 2004, and the Trust's records of Trustee and
shareholder action. We have also examined executed copies of the Amendment, in
the form filed or to be filed with the Commission, and such other documents and
records as we have deemed necessary for the purposes of this opinion.

         We assume that, upon the sale of the Advisor Shares of the Fund, the
Trust, on behalf of the Fund, will receive the net asset value thereof.



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         Based upon the foregoing, we are of the opinion that:

         1.       The Trust has been duly organized and is a validly existing
                  unincorporated association under and by virtue of the laws of
                  The Commonwealth of Massachusetts; and

         2.       The Trust is authorized to issue an unlimited number of
                  Advisor Shares of the Fund and that when such Advisor Shares
                  have been issued and sold pursuant to the Distribution
                  Agreement, they will be validly issued, fully paid, and
                  nonassessable by the Trust.

         The Trust is an entity of the type commonly known as a "Massachusetts
business trust." Under Massachusetts law, shareholders could, under certain
circumstances, be held personally liable for the obligations of the Trust.
However, the Declaration of Trust disclaims shareholder liability for acts or
obligations of the Trust and requires that a notice of such disclaimer be given
in each note, bond, contract, instrument, certificate or undertaking made or
issued by the Trust or its Trustees or officers. The Declaration of Trust
provides for indemnification out of the property of a series of shares of
beneficial interest for all loss and expense of any shareholder of such series
held personally liable solely by reason of his being or having been a
shareholder. Thus, the risk of a shareholder's incurring financial loss on
account of shareholder liability is limited to circumstances in which the series
of shares itself would be unable to meet its obligations.

         We consent to the filing of this opinion with and as an exhibit to the
Amendment.


                                                     Very truly yours,

                                                     /s/ Ropes & Gray LLP

                                                     Ropes & Gray LLP