That's the way I read it, heaven forbid they provide the actual report. Also, if we assume 80% of the $160 billion is in public investments that achieved their

That's the way I read it, heaven forbid they provide the actual report. Also, if we assume 80% of the $160 billion is in public investments that achieved their benchmarks net of fees over the past 10 years $2b in fees seems pretty reasonable at 0.16% ((2 billion /10 years)/(160*.8))