CONSENT OF INDEPENDENT AUDITORS
The Board of Trustees and Shareholders of
Security First Trust:
We consent to (a) the use in this Post-Effective Amendment No.40 to Registration
Statement No. 2-51173 under the Securities Act of 1933 on Form N-1A and in this
Amendment No. 39 to Registration Statement No. 811-2480 under the Investment
Company Act of 1940 of our report dated September 1, 2000 regarding the Security
First Trust comprised of the BlackRock Equity Series, BlackRock U.S. Government
Income Series, T. Rowe Price Growth and Income Series and Neuberger Berman Bond
Series (collectively the "Trust") as of and for the year ended July 31, 2000,
appearing in the financial statements, which are included in Part B, the
Statement of Additional Information in the Prospectus which is part of such
Registration Statement, (b) the reference to us under the heading "Independent
Auditors" in Part B, the Statement of Additional Information of such
Registration Statement, and (c) the reference to us under the heading "
Financial Highlights" in the Prospectus which is a part of such Registration
Statement.
/s/Deloitte & Touche LLP
November 27, 2000
Los Angeles, California
