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[PricewaterhouseCoopers letterhead]
CONSENT OF INDEPENDENT ACCOUNTANTS
We agree to the inclusion in this Confidential Offering Memorandum dated October
27, 2000, of our report dated July 31, 2000 relating to the financial statements
and financial highlights appearing in the June 30, 2000 Annual Report to
Shareholders of Daily Assets Institutional. We also consent to the references to
us under the headings "Financial Highlights" and "Independent Accountants" in
such offering memorandum.
/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
Baltimore, Maryland
October 27, 2000