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CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement on Form N-1A of our report dated June 28, 2000, relating to the
financial statements and financial highlights which appear in the May 31, 2000
Annual Report to Shareholders of Flag Investors Equity Partners Fund, Inc.,
which is also incorporated by reference into the Registration Statement. We also
consent to the references to us under the headings "Financial Highlights",
"Independent Accountants" and "Semi-Annual Reports and Annual Reports" in such
Registration Statement.
PricewaterhouseCoopers LLP
Baltimore, Maryland
September 27, 2000