Hi there, I'm still learning about the CPO/CTA business, so here's a newbie question. How important is that margin/equity ratio? I've been told 20% is more or less standard, and 40-50% is perceived as "aggressive". Just as background, let's make clear I'm talking about medium-sized investors potentially putting $500k-$10m to work, not institutional funds looking to place $50m. For this class of investor, how likely are they to look at this number? Or are they only focused on Sharpe + ROR + drawdown numbers?