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So far I had the clusterconfig in the namespace gatekeeper-policy-manager in the downstream cluster. I also tried to add clusterconfig in the namespace fleet-default in the local cluster, and adjusting the reference as follows

helm:
  valuesFrom:
  - secretKeyRef:
      name: clusterconfig
      namespace: fleet-default
      key: values.yaml

But this also did not work. I am doing something wrong or is this a bug?