<PAGE>
Exhibit j
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Prospectus and
Statement of Additional Information constituting parts of this Post-Effective
Amendment No. 16 to the registration statement on Form N-1A (the "Registration
Statement") of CitiFunds Institutional Trust of our report dated October 6, 2000
relating to the financial statements and financial highlights of CitiFunds
Institutional Liquid Reserves appearing in the August 31, 2000 Annual Report of
CitiFunds Institutional Liquid Reserves, which is also incorporated by reference
into the Registration Statement. We also consent to the references to us under
the heading "Financial Highlights" in the Prospectus and under the heading
"Independent Accountants and Financial Statements" in the Statement of
Additional Information.
PricewaterhouseCoopers LLP
Boston, Massachusetts
December 26, 2000
<PAGE>
Exhibit j
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in the Statement of
Additional Information constituting part of this Post-Effective Amendment No. 16
to the registration statement on Form N-1A (the "Registration Statement") of
CitiFunds Institutional Trust of our report dated October 6, 2000, relating to
the financial statements and financial highlights of the Cash Reserves Portfolio
appearing in the August 31, 2000 Annual Report of CitiFunds Institutional Liquid
Reserves, which are also incorporated by reference into the Registration
Statement. We also consent to the reference to us under the heading "Independent
Accountants and Financial Statements" in the Statement of Additional
Information.
PricewaterhouseCoopers LLP
Chartered Accountants
Toronto, Ontario
December 26, 2000
<PAGE>
Exhibit j
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Post Effective Amendment
No. 16 to Registration Statement No. 33-49552 of CitiFunds Institutional Trust
of our report dated October 4, 2000 appearing in the annual report to
shareholders for the year ended August 31, 2000 of CitiFunds Institutional Cash
Reserves (a separate series of CitiFunds Institutional Trust), and to the
references to us under the headings "Financial Highlights" in the Prospectus and
"Independent Accountants and Financial Statements" in the Statement of
Additional Information, both of which are part of such Registration Statement.
Deloitte & Touche LLP
Boston, Massachusetts
December 28, 2000
<PAGE>
Exhibit j
INDEPENDENT AUDITORS' CONSENT
We consent to the incorporation by reference in this Post Effective Amendment
No. 17 to Registration Statement No. 33-49554 of CitiFunds Institutional Trust
of our reports each dated October 4, 2000 appearing in the annual reports to
shareholders for the year ended August 31, 2000 of CitiFunds Institutional U.S.
Treasury Reserves (a separate series of CitiFunds Institutional Trust) and U.S.
Treasury Reserves Portfolio, and CitiFunds Institutional Tax Free Reserves (a
separate series of CitiFunds Institutional Trust) and Tax Free Reserves
Portfolio, and to the references to us under the headings "Financial Highlights"
in the Prospectus and "Independent Accountants and Financial Statements" in the
Statement of Additional Information, both of which are part of such Registration
Statement.
Deloitte & Touche LLP
Boston, Massachusetts
December 28, 2000
