PILGRIM MUTUAL FUNDS
N-14, EX-99.14, 2000-11-29
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                                                                      Exhibit 14

                          INDEPENDENT AUDITORS' CONSENT



The Boards of Directors
Pilgrim Mutual Funds and Pilgrim Global Corporate Leaders Fund, Inc.:

We consent to the use of our reports for the Pilgrim  Worldwide  Growth Fund and
the Pilgrim Global Corporate Leaders Fund, incorporated herein by reference, and
to the  reference to our firm under the heading  "Financial  Highlights"  in the
proxy statement/prospectus.

                                            /s/ KPMG LLP

Los Angeles, California
November 28, 2000



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