CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the inclusion in this Post-Effective Amendment No. 3 to the
Registration Statement of UC Investment Trust on Form N-1A of our report dated
July 25, 2000 on our audit of the financial statements and financial highlights
of the UC Investment Fund, which report is included in the Annual Report to
Shareholders for the period ended May 31, 2000, which is included in the
Statement of Additional Information in this Post-Effective Amendment to the
Registration Statement. We also consent to the references to our Firm under the
caption "Financial Highlights" in the Prospectus and under the captions
"Auditors" and "Financial Statements" in the Statement of Additional Information
in this Post-Effective Amendment No. 3 to the Registration Statement of UC
Investment Trust on Form N-1A.
PricewaterhouseCoopers LLP
Columbus, Ohio
September 29, 2000
