Architas introduces 0% AMC offer on passive fund range

Architas has introduced a new charging option for its range of risk-rated passive investment funds.

Using the new share class, retail investors as well as institutional investors, such as stockbrokers, wealth managers, private banks and pension providers, will have the option to choose a 2% upfront fee to Architas on the investment, which will then benefit from a 0% annual management charge (AMC).  The only additional charge on the new share class will be for some ongoing costs for underlying funds and administration, capped at 0.2% per annum. The group said this has the potential to deliver an ongoing saving for longer-term investors, who remain invested for more than four and a ha...