INDEPENDENT AUDITORS' CONSENT


We consent to the incorporation by reference in Post-Effective Amendment No. 32
to Registration Statement File No. 33-84842, on Form N-1A of our reports dated
May 9, 2003 appearing in the March 31, 2003 Annual Reports to Shareholders for
the Bear Stearns Funds (Equity Funds Annual Report, Fixed Income Funds Annual
Report and the Prime Money Market Portfolio Annual Report) and to the references
to us under the heading "Financial Highlights - Prime Money Market Portfolio,
Income Portfolio, High Yield Total Return Portfolio, S&P STARS Portfolio, S&P
STARS Opportunities Portfolio, The Insiders Select Fund, Intrinsic Value
Portfolio, Small Cap Portfolio, Alpha Growth Portfolio, and International Equity
Portfolio" in their Prospectuses and under the heading "Custodians, Transfer and
Dividend Disbursing Agent, Counsel and Independent Auditors" in the Statement of
Additional Information, all of which are a part of such Registration Statement.


/s/ Deloitte & Touche LLP


DELOITTE & TOUCHE LLP
New York, New York
July 25, 2003