EXHIBIT J

                         CONSENT OF INDEPENDENT AUDITORS
                         -------------------------------

We hereby consent to the incorporation by reference in this Post-Effective
Amendment No. 27 to the Registration Statement on Form N-1A ("Registration
Statement") of our report dated August 29, 2003, relating to the financial
statements and financial highlights which appear in the July 31, 2003 Annual
Report to Shareholders of the funds comprising the iShares Goldman Sachs Series
Funds and the iShares MSCI EAFE Index Fund (the "Funds"), which are also
incorporated by reference into the Registration Statement. We also consent to
the references to us under the headings "Financial Highlights" and "Independent
Auditors" in such Registration Statement.

/s/ PricewaterhouseCoopers LLP

San Francisco, California
November 25, 2003