OTHER EXHIBITS (2)
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Maurice J. DeWald constitutes and
appoints John Y. Keffer, David I. Goldstein, Robert J. Zutz and R. Darrell
Mounts, and each of them, as true and lawful attorneys-in-fact and agents with
full power of substitution and resubstitution, for his and in his name, place
and stead, in any and all capacities, to sign the Registration Statement on Form
N1-A and any or all amendments thereto of Monarch Funds and to file the same
with the Securities and Exchange Commission, granting unto the said
attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or their or his substitute or substitutes may lawfully do or cause to be
done by virtue hereof.
/s/ Maurice J. DeWald
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Maurice J. DeWald
DATED: May 15, 2000
<PAGE>
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Rudolph I. Estrada constitutes and
appoints John Y. Keffer, David I. Goldstein, Robert J. Zutz and R. Darrell
Mounts, and each of them, as true and lawful attorneys-in-fact and agents with
full power of substitution and resubstitution, for his and in his name, place
and stead, in any and all capacities, to sign the Registration Statement on Form
N1-A and any or all amendments thereto of Monarch Funds and to file the same
with the Securities and Exchange Commission, granting unto the said
attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or their or his substitute or substitutes may lawfully do or cause to be
done by virtue hereof.
/s/ Rudolph I. Estrada
----------------------
Rudolph I. Estrada
DATED: May 15, 2000
<PAGE>
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that John Y. Keffer constitutes and
appoints David I. Goldstein, Robert J. Zutz and R. Darrell Mounts, and each of
them, as true and lawful attorneys-in-fact and agents with full power of
substitution and resubstitution, for his and in his name, place and stead, in
any and all capacities, to sign the Registration Statement on Form N1-A and any
or all amendments thereto of Monarch Funds and to file the same with the
Securities and Exchange Commission, granting unto the said attorneys-in-fact and
agents full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorneys-in-fact and agents or their or his substitute
or substitutes may lawfully do or cause to be done by virtue hereof.
/s/ John Y. Keffer
------------------
John Y. Keffer
DATED: May 15, 2000
<PAGE>
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Christine M. McCarthy constitutes
and appoints John Y. Keffer, David I. Goldstein, Robert J. Zutz and R. Darrell
Mounts, and each of them, as true and lawful attorneys-in-fact and agents with
full power of substitution and resubstitution, for her and in her name, place
and stead, in any and all capacities, to sign the Registration Statement on Form
N1-A and any or all amendments thereto of Monarch Funds and to file the same
with the Securities and Exchange Commission, granting unto the said
attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as she might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or their or her substitute or substitutes may lawfully do or cause to be
done by virtue hereof.
/s/ Christine M. McCarthy
-------------------------
Christine M. McCarthy
Dated: May 16, 2000
<PAGE>
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Robert M. Franko constitutes and
appoints John Y. Keffer, David I. Goldstein, Robert J. Zutz and R. Darrell
Mounts, and each of them, as true and lawful attorneys-in-fact and agents with
full power of substitution and resubstitution, for his and in his name, place
and stead, in any and all capacities, to sign the Registration Statement on Form
N1-A and any or all amendments thereto of Monarch Funds and to file the same
with the Securities and Exchange Commission, granting unto the said
attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or their or his substitute or substitutes may lawfully do or cause to be
done by virtue hereof.
/s/ Robert M. Franko
--------------------
Robert M. Franko
Dated: May 15, 2000
<PAGE>
MONARCH FUNDS
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that Jack J. Singer constitutes and
appoints John Y. Keffer, David I. Goldstein, Robert J. Zutz and R. Darrell
Mounts, and each of them, as true and lawful attorneys-in-fact and agents with
full power of substitution and resubstitution, for his and in his name, place
and stead, in any and all capacities, to sign the Registration Statement on Form
N1-A and any or all amendments thereto of Monarch Funds and to file the same
with the Securities and Exchange Commission, granting unto the said
attorneys-in-fact and agents full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
premises, as fully to all intents and purposes as he might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or their or his substitute or substitutes may lawfully do or cause to be
done by virtue hereof.
/s/ Jack J. Singer
------------------
Jack J. Singer
DATED: May 15, 2000
