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A granular system consisting of ferromagnetic single-domain Fe particles in an antiferromagnetic FeCl2 matrix was prepared by coevaporation in an ultra-high vacuum environment. The structural and magnetic properties were investigated by X-ray diffractometry and superconducting quantum interference device magnetometry, respectively. The heterostructure combines the properties of superparamagnetic Fe granules and the antiferromagnetism of the FeCl2 matrix. In addition, dipolar interaction-induced giant moments are observed below the Néel temperature of the FeCl2 matrix. The thermomagnetic properties of the giant moments are studied.