Consent of Independent Auditors
We consent to the reference to our firm under the captions "Financial
Statements" in the Prospectus in Part A and "General Information and History" in
Part B and to the use of our report dated December 21, 2000 on the statement of
net assets of Principal Partners SmallCap Growth Fund, Inc. in this
Pre-Effective Amendment No. 1 to Form N-1A Registration Statement under the
Securities Act of 1933 (Registration No. 333-48738) and related prospectus of
Principal Partners SmallCap Growth Fund, Inc.
/s/ ERNST & YOUNG LLP
ERNST & YOUNG LLP
Des Moines, Iowa
December 21, 2000
