If I understand the question, I think that as the assets will grow under management we believe that we should be able to see more economies of scale as each of the strategies build out. We should be able to manage costs effectively over time as we continue to grow the assets. Again, we think the active management strategy will work well for both the base and the additional CPP. It's something that will add value over and above any passive alternative.
On November 1st, 2016. See this statement in context.