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INDEPENDENT AUDITORS' CONSENT
The Board of Directors
Pilgrim Global Technology Fund:
We consent to the use of our report on Pilgrim Global Technology Fund (formerly
known as Lexington Global Technology Fund) incorporated herein by reference and
to the reference to our firm under the heading "Independent Auditors" in the
Statement of Additional Information.
/s/ KPMG, LLP
Los Angeles, California
August 10, 2000
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