Abstract: A magnetic assembly and a loudspeaker a magnetic assembly. The magnetic assembly has a pole piece that is designed to form an outer air gap and an inner air gap for coaxial voice coils of the loudspeaker. The same magnet is used for the magnetic circuits of the two voice coils. The pole piece is shaped to split the magnetic circuits into a low frequency magnetic circuit and a high frequency magnetic circuit. A convex dome is attached to the high frequency voice coil.