Exhibit 16
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ John G. Turner
-----------------------------------------
John G. Turner
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Alan L. Gosule
-----------------------------------------
Alan L. Gosule
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Paul S. Doherty
-----------------------------------------
Paul S. Doherty
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Walter H. May
-----------------------------------------
Walter H. May
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Richard A. Wedemeyer
-----------------------------------------
Richard A. Wedemeyer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof. Dated: November 2, 2001
/s/ Jock Patton
-----------------------------------------
Jock Patton
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Thomas J. McInerney
-----------------------------------------
Thomas J. McInerney
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ David W.C. Putnam
-----------------------------------------
David W.C. Putnam
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Blaine E. Rieke
-----------------------------------------
Blaine E. Rieke
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
James M. Hennessy, Kimberly A. Anderson, Jeffrey S. Puretz and Karen L.
Anderberg, and each of them his true and lawful attorney-in-fact as agent with
full power of substitution and resubstitution of him in his name, place and
stead, to sign any and all registration statements or Form N-14 applicable to
Pilgrim SmallCap Opportunities Fund, and any amendment or supplement thereto,
and to file the same with all exhibits thereto and other documents in connection
therewith, with the U.S. Securities and Exchange Commission, granting unto said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents
and purposes as he might or could do in person, hereby ratifying and confirming
all that said attorney-in-fact and agent, or his substitutes, may lawfully do or
cause to be done by virtue hereof.
Dated: November 2, 2001
/s/ Michael J. Roland
-----------------------------------------
Michael J. Roland
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that the undersigned constitutes and appoints
Kimberly A. Anderson, Jeffrey S. Puretz and Karen L. Anderberg, and each of them
his true and lawful attorney-in-fact as agent with full power of substitution
and resubstitution of him in his name, place and stead, to sign any and all
registration statements or Form N-14 applicable to Pilgrim SmallCap
Opportunities Fund, and any amendment or supplement thereto, and to file the
same with all exhibits thereto and other documents in connection therewith, with
the U.S. Securities and Exchange Commission, granting unto said attorney-in-fact
and agent full power and authority to do and perform each and every act and
thing requisite and necessary to be done, as fully to all intents and purposes
as he might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or his substitutes, may lawfully do or cause to be
done by virtue hereof.
Dated: November 2, 2001
/s/ James M. Hennessy
-----------------------------------------
James M. Hennessy