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      "text": "GSAMI is subject to MiFID II and pays for the research and other materials (other than \"acceptable minor non-monetary benefits\") that such entity or its European investment advisory affiliates, as applicable, uses from its own resources to the extent required by MiFID II.",
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      "text": "In the context of Manager of Manager Accounts and the Underlying Funds in which XIG Program Funds invest, the Advisers to the Underlying Funds and separately managed accounts may also engage in client commission sharing and similar arrangements and those arrangements may be broader and may raise conflicts other than those described above.",
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