Exhibit 16
                              FEDERATED MDT SERIES
                         UNANIMOUS CONSENT OF TRUSTEES

       The undersigned, being all of the Trustees of Federated MDT Series (the

"Trust"), hereby consent, in accordance with the laws of the Commonwealth of

Massachusetts and Article V of the Declaration of Trust, and Article V, Section

7 of the Bylaws of the Trust, to the adoption of the following resolution with

the same effect as though it had been adopted at the meeting of the Trustees:


       RESOLVED,     that the Board hereby authorizes the Secretary and
                    Assistant Secretaries of the Trust named below to
                    sign on behalf of the Trust the Registration
                    Statement on Form N-14 relating to the proposed
                    reorganization of  Federated Technology Fund, a
                    portfolio of Federated Equity Funds, into Federated
                    MDT Small Cap Growth Fund, a portfolio of the Trust.

                    John W. McGonigle, Secretary
                    G. Andrew Bonnewell, Assistant Secretary
                    Andrew P. Cross, Assistant Secretary
                    Leslie K. Ross, Assistant Secretary
                    Todd P. Zerega, Assistant Secretary


       WITNESS the due execution hereof this 15th day of November, 2007.

    -------------------------------------------------------------
           John F. Donahue                Peter E. Madden
         /S/ John F. Donahue            /S/ Peter E. Madden
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           Thomas G. Bigley          Charles F. Mansfield, Jr.
         /S/ Thomas G. Bigley      /S/ Charles F. Mansfield, Jr.
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         John T. Conroy, Jr.            John E. Murray, Jr.
       /S/ John T. Conroy, Jr.        /S/ John E. Murray, Jr.
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       Nicholas P. Constantakis          Thomas M. O'Neill
     /S/ Nicholas P. Constantakis      /S/ Thomas M. O'Neill
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        John F. Cunningham               Marjorie P. Smuts
      /S/ John F. Cunningham           /S/ Marjorie P. Smuts
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      J. Christopher Donahue               John S. Walsh
    /S/ J. Christopher Donahue           /S/ John S. Walsh
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     Lawrence D. Ellis, M.D.               James F. Will
   /S/ Lawrence D. Ellis, M.D.           /S/ James F. Will



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