Form N-SAR Certification

I, Richard S. McCormick, President, Chairman of the Board of Trustees,
certify that:

1. I have reviewed this report on Form N-SAR of The Elite Group of
Mutual Funds;

2. Based on my knowledge, this report does not contain any untrue statement
of material fact or omit to state a material fact, necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial information in this report, and the
financial statements on which the financial information is based, fairly
present in all material respects the financial condition, results of
operations, changes in net assets, and cash flows (if the financial
statements are required to include a statement of cash flows) of the
registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as defined
in rule 30a-2(c) under the Investment Company Act) for the registrant
and have:

   a)  designed such disclosure controls and procedures to ensure
       that material information relating to the registrant, including
       its consolidated subsidiaries, is made known to us by others within
       those entities, particularly during the period in which this
       report is being prepared;

   b)  evaluated the effectiveness of the registrant's disclosure controls
       and procedures as of a date within 90 days prior to the
       filing date of this report September 30, 2002; and

   c)  presented in this report our conclusions about the effectiveness
       of the disclosure controls and procedures based on our
       evaluation as of the Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based
on our most recent evaluation, to the registrant's auditors and the audit
committee of the registrant's board of directors (or persons performing
the equivalent functions):

   a)  all significant deficiencies in the design or operation of internal
       controls which could adversely affect the registrant's ability to
       record, process, summarize, and report financial data and have
       identified for the registrant's auditors any material weaknesses
       in internal controls; and

   b)  any fraud, whether or not material, that involves management or
       other employees who have a significant role in the
       registrant's internal controls; and

6. I also certify that there were no significant changes in internal
controls or in other factors that could significantly affect controls
subsequent to the date of our most recent evaluation, including any
corrective actions with regard to significant deficiencies and material
weaknesses.

Date:  May 22, 2003


                                 Richard S. McCormick
                                 President
                                 Chairman of the board of Trustees