Exhibit 99.2

                        Independent Accountant's Report


Synthetic Fixed-Income Securities, Inc. (as Depositor)
One Wachovia Center
301 South College Street, DC-7
Charlotte, NC 28288

U.S. Bank Trust National Association (as Trustee) Corporate
Trust Department 100 Wall Street
New York, NY 10005


Re:      STRATS Trust For Wal-Mart Stores, Inc. Securities, Series 2005-4 (the
         "Trust")
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Ladies and Gentlemen:

We have examined assertions of Synthetic Fixed-Income Securities, Inc. (the
"Depositor") and U.S. Bank National Association, (the "Trustee" and Together
with the Depositor, the "Management") that the Depositor and the Trustee have
complied, in all material respects, with the provisions of the Base Trust
Agreement dated as of September 26, 2003, as supplemented by a series
supplement dated as of October 17, 2005 (together, the "Trust Agreement"), in
respect of the STRATS Trust For Wal-Mart Stores, Inc. Securities, Series
2005-4 (the "Trust"), during the period covered by the annual report on Form
10-K filed by the Depositor on behalf of the Trust for the year ended December
31, 2007 (the "Annual Report"). Management is responsible for compliance with
the Trust Agreement. Our responsibility is to express an opinion on
Management's assertions based on our examination.

Our examination was made in accordance with attestation standards established
by the American Institute of Certified Public Accountants and, accordingly,
included examining, on a test basis, evidence about the Depositor's and the
Trustee's compliance with the Trust Agreement and performing such other
procedures as considered necessary in the circumstances. We believe that our
examination provides a reasonable basis for our opinion.

In our opinion, the Depositor and the Trustee have complied, in all material
respects, with the Trust Agreement during the period covered by the Annual
Report and Management's assertions with respect to such compliance are fairly
stated, in all material respects, for the year ended December 31, 2007.


/s/ Aston Bell, CPA

New York, New York
March 14, 2008