Tim Buckley: Sarah, we’ve been speaking a large amount about funds and firms needing to hold more funds. I’m confident there are a lot individuals out there wondering how do we control their funds? And you’re liable for our taxable money markets, so why never you share how we conservatively control their funds.
Sara Devereux: Which is ideal. So as you know, we have a quite conservative tactic when it comes to our money market place money. Very first of all, the liquidity ratios that are essential by regulators, we are nicely in extra of individuals ratios. Furthermore, we have a quite conservative solution with asset variety. In just our Key Fund, for case in point, approximately 50% of our belongings are govt securities.
Tim: If you want to get to all government…so if you genuinely want the belt and suspenders solution, there is often Federal and Treasury, ideal?