New Products
Architas Extends 'Superclean' Share Classes To Standard Life's Wrap Platform

The discounted share classes were previously exclusive to AXA's Elevate platform.
Architas, the
AXA-owned multi-manager,
has launched its "superclean" share classes on Standard Life's wrap
platform following
the latter firm's acquisition of AXA's Elevate
business earlier this month.
Previously, the discounted share classes were only available on
the Elevate wrap platform but they have been extended to
Standard Life's platform following the transaction.
The superclean share classes reduce annual management charges, as
well as the ongoing charges figure, on the Active,
Blended and Passive risk-profiled ranges by between five and
20 basis points, Architas said in a statement.
Earlier this month,
six fund groups committed to adding more than 150 discounted
funds to the range on Elevate. Architas had previously agreed
with Standard Life that discounted share classes for Architas's
funds would continue to be available on the Elevate platform
after the acquisition.
“With Standard Life’s acquisition of the Elevate platform now
complete we have been working closely to ensure the minimum level
of disruption for our investors and advisors,” said Cedric
Bucher, head of Architas UK funds. “This ensures the preferential
pricing for Architas funds is consistent for advisors across both
Standard Life platforms.”