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Exhibit (i)
November 29, 2000
Nicholas-Applegate Institutional Funds
600 West Broadway, 30th Floor
San Diego, CA 92101
RE: Nicholas-Applegate Institutional Funds (the "Trust")
(File Nos. 811-07384 and 333-71469)
Post-Effective Amendment No. 5 and Amendment No. 23
to the Registration Statement on Form N-1A
Ladies and Gentlemen,
I have acted as Fund counsel to Nicholas-Applegate Institutional Funds, a
Delaware business trust (the "Trust"), in connection with the filing of
Post-Effective Amendment No. 5 and Amendment No. 23 to the Registration
Statement of the Trust (the "Amendment").
I have examined the Amendment as furnished to me by the Trust and such
other documents and records as I have deemed necessary for the purposes of this
opinion. Based upon this examination, I am of the opinion and hereby represent
in accordance with Rule 485(a)(1), that the Amendment does not contain
disclosures that would render it ineligible to become effective pursuant to Rule
485(a).
I hereby consent to the filing of this opinion of counsel as an exhibit to
the Trust's Registration Statement.
Very truly yours,
/s/ Charles H. Field
Charles H. Field
Fund Counsel
