CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Combined Prospectus
and Proxy Statement and Statement of Additional Information constituting parts
of this Post-Effective Amendment No. 1 to the Registration Statement on Form
N-14 (the "Registration Statement") of our report dated November 15, 1999,
relating to the financial statements and financial highlights appearing in the
September 30, 1999 Annual Report to Shareholders of Stein Roe Disciplined Stock
Fund, our report dated August 10, 2000, relating to the financial statements and
financial highlights appearing in the June 30, 2000 Annual Report to
Shareholders of Liberty Small Cap Value Fund, and our report dated December 13,
1999, relating to the financial statements and financial highlights appearing in
the October 31, 1999 Annual Report to Shareholders of Liberty Select Value Fund
(formerly Colonial Select Value Fund), which are also incorporated by reference
into the Registration Statement. We also consent to the references to us under
the heading "Financial Highlights" in the Prospectus and "Independent
Accountants" in the Statement of Additional Information of the Stein Roe
Disciplined Stock Fund dated February 1, 2000, under the heading "Financial
Highlights" in the Prospectuses and "Independent Accountants" in the Statement
of Additional Information of Liberty Small Cap Value Fund dated November 1,
1999, and under the heading "Financial Highlights" in the Prospectuses and
"Independent Accountants" in the Statement of Additional Information of Liberty
Select Value Fund dated March 1, 2000, all of which have also been incorporated
by reference into the Registration Statement.
/s/PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Boston, Massachusetts
November 27, 2000
<PAGE>
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Combined Prospectus
and Proxy Statement and Statement of Additional Information constituting parts
of this Post-Effective Amendment No. 1 to the Registration Statement on Form
N-14 (the "Registration Statement") of our report dated December 13, 1999,
relating to the financial statements and financial highlights appearing in the
October 31, 1999 Annual Report to Shareholders of Liberty Strategic Balanced
Fund (formerly Colonial Strategic Balanced Fund), and our report dated December
11, 1998, relating to the financial statement and financial highlights for the
years in the period ending October 31, 1998 appearing in the October 31, 1999
Annual Report to Shareholders of The Liberty Fund (formerly The Colonial Fund),
which are also incorporated by reference into the Registration Statement. We
also consent to the references to us under the heading "Financial Highlights" in
the Prospectus and "Independent Accountants" in the Statement of Additional
Information of the Liberty Strategic Balanced Fund dated March 1, 2000 and under
the heading "Financial Highlights" in the Prospectuses and "Independent
Auditors" in the Statement of Additional Information of The Liberty Fund dated
March 1, 2000, all of which have also been incorporated by reference into the
Registration Statement.
/s/PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Boston, Massachusetts
November 27, 2000
