Exhibit 10
Independent Auditors' Consent
The Board of Trustees and Shareholders
Rainier Investment Management Mutual Funds:
We consent to the incorporation by reference in the Rainier Investment
Management Mutual Fund's Post-Effective Amendment No. 11 to the Registration
Statement No. 33-73792 on Form N-1A under the Securities Act of 1933 and
Amendment No. 14 to the Registration Statement No. 811-8270 on Form N-1A under
the Investment Company Act of 1940 of our report dated May 5, 2000, on the
statements of assets and liabilities, including the schedules of investments, of
Rainier Investment Management Mutual Funds, (comprised of Small/Mid Cap Equity,
Core Equity, Balanced and Intermediate Fixed Income Portfolios) as of March 31,
2000, and the related statements of operations for the year then ended, the
statements of changes in net assets for each of the years in the two-year period
then ended, and the financial highlights for the periods indicated therein. We
also consent to the incorporation by reference of our report in the Statement of
Additional Information.
We also consent to the reference to our Firm under the heading "Financial
Highlights" in the Prospectus and under the heading "General Information" in the
Statement of Additional Information.
KPMG LLP
San Francisco, California
December 14, 2000
