A magnetic component, with a first and a second U / UR core (U1, U2) assembled to a first O-shaped core
assembly, wherein an U / UR core has—according to its shape—a first post and a second post with free ends on one side and a leg connecting the first post and the second post on their other side, wherein the first and the second U / UR core (U1, U2) are assembled with their free ends abutting each other to form the first O-shaped core
assembly. The free ends of a third U / UR core (U3) are abutting the outside of the first O-shaped core
assembly on one side and that the free ends of a fourth U / UR core (U4) are abutting the outside of the first O-shaped core assembly on an opposite side. In another embodiment, the leg of a third U / UR core (U3) is abutting the outside of the first O-shaped core assembly, wherein the ends of a fourth U / UR core (U4) are abutting the ends of the third U / UR core (U3). In a further embodiment, the ends of a third U / UR core (U3) are abutting the outside of the first O-shaped core assembly. At least one winding is wound directly on the first, the second, the third, and / or the fourth U / UR core (U1, U2, U3, U4). The core structure can either be fully composed of high permeability low saturation cores with air gaps or be composite comprising
low permeability high saturation cores and high permeability low saturation cores with no air gaps.