how do you shorten the ring of a chord track?

[jokerone]

Is there a way in Cubase Pro 8 to get the chord track to play only a 1/16 instead of an entire note as a default setting.

I know you can edit the midi notes and slice it down to a 1/16, but can I set the default to play only an 1/8 or a 1/32 or something so when it plays it only plays for the default duration?

thanks.