INDEPENDENT AUDITORS' CONSENT


The Board of Trustees
Oppenheimer Capital Appreciation Fund:

We consent to the use in this  Registration  Statement  of  Oppenheimer  Capital
Appreciation  Fund of our report  dated  September  22,  2000,  included  in the
Statement  of  Additional  Information,  which  is  part  of  such  Registration
Statement,  and to the  references  to our firm  under the  headings  "Financial
Highlights" appearing in the Prospectus, which is also part of such Registration
Statement and  "Independent  Auditors"  appearing in the Statement of Additional
Information.




                                   /s/KPMG LLP
                                    KPMG LLP

Denver, Colorado
December 22, 2000