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CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 9 to the Registration Statement on Form N-1A of our report dated
October 19, 1999, relating to the financial statements and financial highlights
which appear in the August 31, 1999 Annual Report to Shareholders of Flag
Investors Top 50 World, Flag Investors Top 50 Europe, Flag Investors Top 50
Asia, Flag Investors Top 50 US, Flag Investors European Mid-Cap Fund and Flag
Investors Japanese Equity Fund (each Fund formerly named "Deutsche" rather than
"Flag Investors" as of August 31, 1999) which is also incorporated by reference
into the Registration Statement. We also consent to the references to us under
the headings "Financial Highlights", "Financial Information" and "Independent
Accountants" in such Registration Statement.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Baltimore, Maryland
May 31, 2000
