LIBERTY STEIN ROE FUNDS TRUST
485BPOS, EX-99.(I)(4), 2000-10-26
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October 25, 2000


As counsel for  Liberty-Stein  Roe Funds Trust (the "Trust"),  we consent to the
incorporation  by reference of our opinion  relating to the following  series of
the Trust filed as the following exhibit to pre-effective amendment no. 1 to the
Trust's registration statement on Form N-1A, Securities Act File No. 333-19181:

                                Date of        Date of              Exhibit
                                Series         Opinion Filing       No.
Stein Roe Institutional Client  2/4/97         2/10/97               10
High Yield Fund
In giving  this  consent we do not admit that we are in the  category of persons
whose consent is required under Section 7 of the  Securities  Act of 1933.  Very
truly yours,

BELL, BOYD & LLOYD LLC


By      /s/     Cameron S. Avery
                Cameron S. Avery






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