CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement on Form N-1A of our report dated June 15, 2000, relating to the
financial statements and financial highlights which appears in the April 30,
2000 Annual Report to Trustees and Shareholders of J.P. Morgan California Bond
Fund, which is also incorporated by reference into the Registration Statement.
We also consent to the references to us under the headings "Independent
Accountants", "Financial Statements" and "Financial Highlights" in such
Registration Statement.
PricewaterhouseCoopers LLP
New York, New York
August 25, 2000
