EXHIBIT 17(g)

CLASS [l]

[Proxy Card Front]

MERRILL LYNCH SHORT-TERM GLOBAL INCOME FUND, INC.

P.O. BOX 9011

PRINCETON, NEW JERSEY 08543-9011

P R O X Y

This proxy is solicited on behalf of the Board of Directors

     The undersigned hereby appoints Terry K. Glenn, Donald C. Burke, and Phillip S. Gillespie as proxies, each with the power to appoint his substitute, and hereby authorizes each of them to represent and to vote, as designated on the reverse hereof, all of the shares of common stock of Merrill Lynch Short-Term Global Income Fund, Inc. (the “Fund”) held of record by the undersigned on February 28, 2002 at the Meeting of Stockholders of the Fund to be held on April 25, 2002, or any adjournment thereof.

     THIS PROXY, WHEN PROPERLY EXECUTED, WILL BE VOTED IN THE MANNER HEREIN DIRECTED BY THE UNDERSIGNED STOCKHOLDER. IF NO DIRECTION IS MADE, THIS PROXY WILL BE VOTED FOR THE PROPOSAL.

     By signing and dating the reverse side of this card, you authorize the proxies to vote the proposal as marked, or if not marked, to vote “FOR” the proposal, and to use their discretion to vote for any other matter as may properly come before the meeting or any adjournment thereof. If you do not intend to personally attend the meeting, please complete and return the card at once in the enclosed envelope.

(Continued and to be signed on the reverse side)

[Proxy Card Reverse]

1.  To consider and act upon a proposal to approve the Agreement and Plan of Reorganization among the Fund, Merrill Lynch Investment Managers Funds, Inc., on behalf of Merrill Lynch Low Duration Fund, and Fund Asset Management Master Trust, on behalf of Low Duration Master Portfolio.

FOR  o AGAINST  o ABSTAIN  o

2.  In the discretion of such proxies, upon such other business as properly may come before the meeting or any adjournment thereof.

Please sign exactly as name appears hereon. When shares are held by joint tenants, both should sign. When signing as attorney or as executor, administrator, trustee or guardian, please give full title as such. If a corporation, please sign in full corporate name by president or other authorized officer. If a partnership, please sign in partnership name by authorized persons.

Dated: ____________________, 2002

X 

Signature

X 

Signature, if held jointly

PLEASE MARK BOXES /X/ OR x IN BLUE OR BLACK INK. SIGN, DATE AND RETURN THE PROXY CARD PROMPTLY USING THE ENCLOSED ENVELOPE.