Axa Wealth is launching an exclusive share class on the Architas range for Elevate users, which delivers a 20bps reduction in the standard clean share class charge.
The Architas Exclusive share class will be available from January 2014 to both new and existing customers on the Architas range of active, passive and blended risk-rated investment funds, income generating funds and specialist funds.
The Architas Multi-Asset Active range will be available from 0.55% AMC, the Blended and Specialist range from 0.40% AMC and the Passive range from 0.25% AMC.
AXA Wealth Elevate managing director David Thompson (pictured) said: "We believe that clients should benefit where they use platform and investment expertise from the same company.
"Many companies offer preferential rates to customers who take advantage of more than one aspect of their proposition. We want to ensure that advisers and customers can benefit from the combined strength of AXA Wealth Elevate and Architas. It is right that we reward advisers, and their clients, with this reduced charge on the Architas funds."
Architas managing director Hans Georgeson said: "The Architas fund range appeals to advisers due to its fit with RDR requirements and focus on the end-to-end investment process, from risk profiling to rebalancing. Through this new offer we can provide strategic competitive advantage and flexibility for both advisers and customers who use the AXA Wealth Elevate platform and Architas investment management solutions.
We have introduced this reduced charge in response to changing regulations and pleased we are still able to provide enhanced terms to those advisers, and their clients, that use more than one aspect of the AXA Wealth proposition."
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