MONARCH FUNDS
485BPOS, EX-99.B11, 2000-08-31
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                                                                     Exhibit (j)


                         CONSENT OF INDEPENDENT AUDITORS





The Board of Trustees and Shareholders
Monarch Funds:

The Board of Trustees and Interestholders
Core Trust (Delaware):

We consent to the use of our report dated  October 8, 1999 on the  statements of
assets and liabilities of Treasury Cash Fund, Government Cash Fund and Cash Fund
(each a series  of  Monarch  Funds)  as of  August  31,  1999,  and the  related
statements  of  operations,  statements  of changes in net assets and  financial
highlights for each of the years or periods presented, incorporated by reference
in Post-Effective  Amendment No. 24, to Registration Statement (No. 33-49570) on
Form N-1A under the Securities Act of 1933.

We also consent to the use of our report dated October 8, 1999 on the statements
of assets and liabilities of Treasury Cash Portfolio,  Government Cash Portfolio
and Cash  Portfolio  (each a series of Core Trust  (Delaware))  as of August 31,
1999, and the related  statements of operations and statements of changes in net
assets for each of the years or periods  presented,  incorporated  by  reference
herein.

We also consent to the  references  to our firm under the  headings,  "Financial
Highlights"  in the prospectus  and  "Independent  Auditors" in the statement of
additional information.



                                               /s/  KPMG LLP


Boston, Massachusetts
August 31, 2000



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