Architas makes 'super clean' share classes available on all UK platforms

Available from 1 August 2018

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...