EX-99.q.5

                               POWER OF ATTORNEY


     KNOW ALL PERSONS BY THESE PRESENTS, that the undersigned constitutes and
appoints Karl Hartmann, Gregory Pickard, Kathleen O'Neill, Ellen O'Brien,
Patricia Leyne and Kelli Meidhof and each of them, with full power to act
without the other, as a true and lawful attorney-in-fact and agent, with full
and several power of substitution, on behalf of The Brinson Funds (the "Trust")
and on behalf of the undersigned, to take any appropriate action to execute and
file with the U.S. Securities and Exchange Commission ("Commission") any
amendment to the registration statement of the Trust, execute and file any
request for exemptive relief from state and federal regulations, execute and
file any Rule 24f-2 notices to register shares of the Trust with the Commission,
execute and file any registration statement on Form N-14 with the Commission,
and perform any and all such acts as such attorneys-in-fact may deem necessary
or advisable in order to comply with the applicable laws of the United States or
any individual state, and in connection therewith to execute and file all
requisite papers and documents, including but not limited to, applications,
reports, notices, surety bonds, irrevocable consents and appointments of
attorneys for service of process; granting to such attorneys-in-fact and agents,
and each of them, full power and authority to do and perform each and every act
requisite and necessary to be done in connection therewith, as fully as each
might or could do in person, hereby ratifying and confirming all that such
attorneys-in-fact and agents or any of them, or their substitute or substitutes,
may lawfully do or cause to be done by virtue hereof.


     IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney on
the 19/th/ day of July, 2001.


                                   THE BRINSON FUNDS


                                   /s/ Amy R. Doberman
                                   ---------------------------------------------
                                   Amy R. Doberman, Secretary

                                   /s/ Paul H. Schubert
                                   ---------------------------------------------
                                   Paul H. Schubert, Treasurer and Principal
                                   Accounting Officer



                                ACKNOWLEDGMENT
                                --------------

State of New York )
                  ) ss:
County of New York)


     On this, the 19th day of July, 2001, before me, a notary public, the
undersigned officer, personally appeared the above-named persons, known to me
(or satisfactorily proven) to be the persons whose names are subscribed to the
foregoing instrument, and that these individuals executed the same for the
purposes therein contained.


     IN WITNESS WHEREOF, I have hereunto set my hand and official seal.



                                             /s/ Christina Paradiso
                                             -----------------------------------
                                             Notary Public
                                             In and for the County of New York
                                             State of New York
                                             My commission expires 12-7-02