BONFIGLIO & REED INVESTMENT TRUST
N-1A/A, EX-99.23.J, 2000-07-26
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                          INDEPENDENT AUDITOR'S CONSENT


We  consent to the use in this  Pre-Effective  Amendment  No. 2 to  Registration
Statement  on  Form  N-1A  under  the  Securities  Act  of  1933,   filed  under
Registration  Statement  No.  333-34932,  of our  report  dated  July 19,  2000,
relating to the  Bonfiglio & Reed Options Fund and to the  reference to us under
the heading "Other Services", included in such Registration Statement.

/s/ Deloitte & Touche LLP

Dayton, Ohio
July 25, 2000



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