Four out of five organizations that currently include money market funds in their short-term investment portfolios would drop them if a floating net asset value were to become a reality, according to a survey by the Association for Financial Professionals.

Fifty-four percent said they would select bank deposits and U.S. Treasury securities instead. Another 22% said they would move into non-2a-7 fixed value investment vehicles, such as offshore money market funds, enhanced cash funds and stable value funds. And 4% said they would select variable share price investments, such as ultra short bond funds.

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