Exhibit 14


                       CONSENT OF INDEPENDENT ACCOUNTANTS

We  hereby  consent  to the  incorporation  by  reference  in this  Registration
Statement  on Form N-14 of our report dated  December 14, 2001,  relating to the
financial statements and financial highlights of Pilgrim Emerging Countries Fund
(now known as ING Emerging  Countries Fund), one of the portfolios  constituting
Pilgrim Mutual Funds (now known as ING Mutual Funds),  and Pilgrim  Asia-Pacific
Equity Fund (now known as ING  Asia-Pacific  Equity Fund), one of the portfolios
constituting  Pilgrim  Advisory  Funds,  Inc. (now known as ING Advisory  Funds,
Inc.),  which appears in the October 31, 2001 Annual Reports to  Shareholders of
Pilgrim Mutual Funds and Pilgrim Advisory Funds, Inc.,  respectively,  which are
also incorporated by reference into the Registration  Statement. We also consent
to  the  references  to  us  under  the  headings  "Financial   Highlights"  and
"Representations and Warranties" in such Registration Statement.


/s/ PricewaterhouseCoopers LLP

Denver, Colorado
April 12, 2002