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Consent of Ernst & Young LLP, Independent Auditors
We consent to the references to our firm under the caption "Financial
Highlights" in the Prospectus and "Independent Auditors" and "Financial
Statements" in the Statement of Additional Information and to the incorporation
by reference in this Post-Effective Amendment No. 5 to the Registration
Statement (Form N-1A) (No. 333-45293) of Sage Life Investment Trust of our
report dated February 4, 2000, included in the 1999 Annual Report to
shareholders.
/s/ ERNST & YOUNG LLP
Philadelphia, Pennsylvania
August 30, 2000