<PAGE>
Exhibit (i)
July 10, 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 Amendments 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. 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 which 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 Registration Statement.
Very truly yours,
/s/ Charles H. Field
Charles H. Field
Fund Counsel
