CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the references to our firm under the captions "Financial
Highlights" for Liberty Money Market Fund (formerly, Colonial Money Market Fund,
one of the series comprising Liberty Funds Trust II) in the Liberty Money Market
Fund Prospectus and "Independent Auditors," "Financial Statements," and
"Information Concerning the Portfolio" in the Liberty Money Market Statement of
Additional Information and to the incorporation by reference in Post-Effective
Amendment Number 47 to the Registration Statement (Form N-1A, No. 2-66976) of
our report dated August 18, 2000 on the financial statements and financial
highlights of Liberty Money Market Fund (one of the series comprising Liberty
Funds Trust II) and SR&F Cash Reserves Portfolio (a series of the SR&F Base
Trust) included in the Liberty Money Market Fund Annual Report dated June 30,
2000.
/s/ERNST & YOUNG LLP
Boston, Massachusetts
October 24, 2000
