Mr. Cormac Ryan:

I would not characterise it as such. It is clear that all authority to make day-to-day decisions on the portfolio is delegated to us. I do need to abide by the prospectus, which requires us to hold a committee and to consult with the investor in terms of how we are running the portfolio. I would not characterise that as influence but we will be consulting with the investor as we run the portfolio. Again, it is quite clear in the prospectus that we do not need to follow the direction of the investor.