INDEPENDENT AUDITORS' CONSENT
We consent to the use in this Post-Effective Amendment No. 19 to Registration
Statement No. 18 of Cash Reserves on Form N-1A of our report dated August 21,
2000, appearing in the Statement of Additional Information, which is part of
such Registration Statement, and to the reference to us under the headings
"Independent Auditors" in the Statement of Additional Information and "Financial
Highlights" in the Prospectus, which is also part of such Registration
Statement.
DELOITTE & TOUCHE LLP
Denver, Colorado
November 22, 2000
