EXHIBIT j.1
CONSENT OF INDEPENDENT AUDITORS
We consent to the use of our report dated February 26, 1999, on the financial
statements of Pax World Money Market Fund, Inc. referred to in the
Post-Effective Amendment. No. 6 to the Registration Statement on Form N-1A as
filed with the Securities and Exchange Commission.
McGladrey & Pullen, LLP
New York, New York
May 25, 2000
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INDEPENDENT AUDITOR'S REPORT
THE BOARD OF DIRECTORS AND SHAREHOLDERS
PAX WORLD MONEY MARKET FUND, INC.
We have audited the statement of changes in net assets and financial highlights
of the Pax World Money Market Fund, Inc. for the period from May 27, 1998
(commencement of sales) to January 31, 1999. This financial statement and the
financial highlights are the responsibility of the Fund's management. Our
responsibility is to express an opinion on this financial statement and the
financial highlights based on our audit.
We conducted our audit in accordance with generally accepted auditing standards.
Those standards require that we plan and perform the audit to obtain reasonable
assurance about whether the financial statements and financial highlights are
free of material misstatement. An audit includes examining, on a test basis,
evidence supporting the amounts and disclosures in the financial statements. An
audit also includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall financial
statement presentation. We believe that our audit provides a reasonable basis
for our opinion.
In our opinion, the financial statement and financial highlights referred to
above present fairly, in all material respects, the changes in its net assets
and the financial highlights of Pax World Money Market Fund, Inc. for the period
indicated, in conformity with generally accepted accounting principles.
McGladrey & Pullen, LLP
New York, New York
February 26, 1999
