MANUFACTURERS INVESTMENT TRUST
485BPOS, EX-99.(K), 2000-10-27
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<PAGE>   1
                       CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the incorporation by reference into this Post-Effective
Amendment No. 44 under the Securities Act of 1933 and Amendment No. 45 under the
Investment Company Act of 1940 to the Registration Statement on Form N-1A (File
No. 2-94157/811-4146) of our report dated February 18, 2000, on our audits of
the financial statements and financial highlights of Manufacturers Investment
Trust, which is incorporated by reference in the Registration Statement. We also
consent to the reference to our Firm as "Experts" under the captions "Financial
Highlights" in Part A and "Independent Accountants" in Part B of the
Registration Statement.

/s/PricewaterhouseCoopers LLP



Baltimore, MD  21201
October 26, 2000



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