CONSENT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS




We consent to the references to our firm under the caption "Shareholder Reports"
in the  Prospectus/Proxy  Statement in this  Registration  Statement (Form N-14)
(No. 333-XXXXX) of The TIP Funds of our report dated November 10, 2000, included
in the 2000 annual report to shareholders  of the Penn Capital Select  Financial
Services Fund.

                                                             Ernst & Young LLP


Philadelphia, Pennsylvania
July 30, 2001