GUP Policy for the GUP Itself

I have the a liveupdate policy configured so that under the Group Provider Settings, the Single Group Update Provide IP address or hostname is configured with the IP address of the GUP.

Here is the question: In what container do I put my GUP under the Clients tab on the left? Is the GUP supposed to reside in the same container as the clients that it will be serving? If so, the GUP server will know to reach out to the SEPM server for its content and know it is a GUP in this situation or does the GUP need a special container of its own with its own liveupdate policy?

Thanks!