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                                                                   Exhibit 14(a)
                                        
                       CONSENT OF INDEPENDENT ACCOUNTANTS


We consent to the incorporation by reference in this Registration Statement on
Form N-14 (File No. 2-95973) of The One Group, of our reports dated August 18,
1998 on our audits of the financial statements and financial highlights of the
U.S. Treasury Securities Money Market Fund, the Prime Money Market Fund, the
Municipal Money Market Fund, the Ohio Municipal Money Market Fund, the Ultra
Short-Term Bond Fund, the Limited Volatility Bond Fund, the Government Bond
Fund, the Treasury & Agency Fund, the Intermediate Tax-Free Bond Fund, the
Municipal Income Fund, the Kentucky Municipal Bond Fund, the Ohio Municipal Bond
Fund, the Louisiana Municipal Bond Fund, the West Virginia Municipal Bond Fund,
the Arizona Municipal Bond Fund, the Treasury Only Money Market Fund, the
Government Money Market Fund, the Asset Allocation Fund, the Income Equity Fund,
the Equity Index Fund, the Value Growth Fund, the Large Company Value Fund, the
Disciplined Value Fund, the Large Company Growth Fund, the Growth Opportunities
Fund, the Small Capitalization Fund, the International Equity Index Fund, the
Investor Growth Fund, the Investor Growth & Income Fund, the Investor Balanced
Fund, and the Investor Conservative Growth Fund constituting The One Group which
reports are included in the Annual Reports to Shareholders for the year ended
June 30, 1998. We also consent to the reference to our Firm under the caption
"Financial Statements" relating to The One Group in the Registration Statement
on Form N-14 (File No. 2-95973).


                                                 PricewaterhouseCoopers LLP

Columbus, Ohio
December 16, 1998