There are two ways we can assess this. The objective way is to compare the sub-advisors’ performance for PartnerSelect Funds against other portfolios they run. This is particularly telling if the other portfolios are significantly more diversified. When we hire sub-advisors it is with the objective that they be able to deliver higher long-term returns with their concentrated PartnerSelect Funds portfolio than they would in their more-diversified portfolios. (We understand that over shorter time periods this won’t always be true.) The subjective way to assess whether the PartnerSelect Funds portfolio reflects the sub-advisor’s best thinking is through our contact with them, including stock discussions, which provide us with a window in which to assess their enthusiasm for and respect for the relationship with Litman Gregory and PartnerSelect Funds.