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Recital 18

Recital 18

(18)Where it is in the best interest of the UCITS to physically isolate the assets for which economic or legal features have changed significantly or have become uncertain due to exceptional circumstances, the UCITS should be able to create a side pocket through physical separation. In that case, the affected assets should remain in the original UCITS, while the unaffected assets of the UCITS should be transferred to a new fund.

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