Exhibit 14
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 1 to Registration Statement of Pilgrim Advisory Funds, Inc. on
Form N-14 (File No. 333-51722) ("Registration Statement") of our report dated
December 29, 2000 relating to the financial statements and financial highlights
of Pilgrim Asia-Pacific Equity Fund and Pilgrim SmallCap Asia Growth Fund which
appears in the October 31, 2000 Annual Report to shareholders of Pilgrim Funds
which is also incorporated by reference into the Registration Statement.
/s/ PricewaterhouseCoopers LLP
Denver, Colorado
January 18, 2001
