CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS
We consent to the reference of our firm under the captions "Financial
Highlights", "Financial Statements", and "Independent Accountants" in
Post-Effective Amendment No. 28 under the Securities Act of 1933 and Amendment
No. 28 under the Investment Company Act of 1940 to the Registration Statement
(Form N-1A No. 33-75340) and related Prospectus and Statement of Additional
Information of Investec Funds (formerly Guinness Flight Investment Funds), and
to the incorporation by reference therein of our report dated February 4, 2000,
with respect to the financial statements and financial highlights of Guinness
Flight Investment Funds included in their Annual Report for the year ended
December 31, 1999 filed with the Securities and Exchange Commission.
/s/ Ernst & Young LLP
Los Angeles, California
October 6, 2000
