Multi-manager Architas, part of AXA Group, is making its super clean share classes available to all UK investment platforms, reducing its annual management charges (AMC).
Previously the super clean share class had only been available on Standard Life Elevate and Standard Life Wrap. The AMC will be reduced by 20bps on its active and blended ranges, 5bps on the passive fund range and between 10 and 20bps on the single strategy fund ranges, compared to the clean share class. The AMC on the clean share class for the Architas Multi-Asset Active Reserve fund is 60bps so the reduction is only 5bps for the share class. The super clean share classes will be available from 1 August this year. Clean share classes came into effect with the Retail Distribu...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
