Exhibit 14
POWER OF ATTORNEY
-----------------
The undersigned Trustees/Directors and officers of Quantitative Master
Series Trust (the "Trust") and Mercury QA Equity Series, Inc., Merrill Lynch
Index Funds, Inc. and Mercury Index Funds, Inc. (each a "Feeder Fund") hereby
authorize Terry K. Glenn, Donald C. Burke and Ira P. Shapiro, or any of them, as
attorney-in-fact, to sign on his or her behalf in the capacities indicated any
Registration Statement or amendment thereto (including post-effective
amendments) for the Feeder Funds, or any future "feeder" fund advised by Fund
Asset Management, L.P. that invests substantially all of its assets in
corresponding series of the Trust, and to file the same, with all exhibits
thereto, with the Securities and Exchange Commission.
Dated: October __, 2000
________________________________________ __________________________
M. Colyer Crum Laurie Simon Hodrick
Trustee/Director Trustee/Director
________________________________________ __________________________
Terry K. Glenn Jack B. Sunderland
Trustee/President and Director/Principal Trustee/Director
Executive Officer
________________________________________ __________________________
Stephen B. Swensrud J. Thomas Touchton
Trustee/Director Trustee/Director
________________________________________ __________________________
Fred G. Weiss Arthur Zeikel
Trustee/Director Trustee/Director
________________________________________
Donald C. Burke
Vice President and Treasurer/Principal
Financial Officer and Principal
Accounting Officer
