EXHIBIT 14.2

                       CONSENT OF INDEPENDENT ACCOUNTANTS




We hereby consent to the incorporation by reference in the Combined Prospectus
and Proxy Statement and Statement of Additional Information constituting parts
of this Registration Statement on Form N-14 (the "Registration Statement") of
our report dated October 15, 2001, relating to the financial statements and
financial highlights appearing in the August 31, 2001 Annual Reports to
Shareholders of Liberty Intermediate Government Fund and Liberty Federal
Securities Fund, which are also incorporated by reference into the Registration
Statement. We also consent to the references to us under the heading "Financial
Highlights" in the Prospectuses and "Independent Accountants of the Funds" in
the Statement of Additional Information of Liberty Intermediate Government Fund
and Liberty Federal Securities Fund dated January 1, 2002, which have also been
incorporated by reference into the Registration Statement.





PricewaterhouseCoopers LLP
Boston, Massachusetts
July 3, 2002