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benchmark

as defined in Regulation (EU) 2016/1011 of the European Parliament and of the Council of 8…, Article 3(1), point (3) (Definitions)

any index by reference to which the amount payable under a financial instrument or a financial contract, or the value of a financial instrument, is determined, or an index that is used to measure the performance of an investment fund with the purpose of tracking the return of such index or of defining the asset allocation of a portfolio or of computing the performance fees;

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