<PAGE> PAGE 1
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008 D03AA01 98101
012 A00AA01 FIRST DATA INC
012 B00AA01 84-932
012 C01AA01 KING OF PRUSSIA
012 C02AA01 PA
012 C03AA01 19406
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013 A00AA01 TAIT, WELLER & BAKER
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<PAGE> PAGE 2
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013 B03AA01 19103
015 A00AA01 UNITED MISSOURI BANK
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015 C02AA01 MO
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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SIGNATURE RICHARD S. MCCORMICK
TITLE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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CONSENT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS
We consent to the references to our firm in Post-Effective Amendment No. 11
to the Registration Statement on Form N-1A of The Elite Group and to the use of
our report dated October 21, 1998 on the financial statements and financial
highlights of The Elite Income Fund and The Elite Growth & Income Fund, each a
series of shares of The Elite Group. Such financial statements and financial
highlights appear in the 1998 Annual Report to Shareholders which is
incorporated by reference in the Registration Statement and Prospectus.
TAIT, WELLER & BAKER
Philadelphia, Pennsylvania
November 13, 1998
