Architas extends superclean share class to Standard Life Wrap

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Architas has today launched its superclean share classes on the Standard Life Wrap platform following the Elevate deal between the respective businesses’ parent companies.

The discounted share classes were previously only available on the Elevate wrap, which was owned by Architas parent company Axa before the Standard Life acquisition completed earlier this month.

Last week, Standard Life confirmed Elevate would operate as a standalone platform from its Wrap offering.

The new share classes reduce the annual management charge and the ongoing charges on the Architas Active, Blended and Passive risk-profiled ranges between five and 20 basis points.

Charges are reduced around 10 basis points for the Diversified Real Assets fund.

Head of Architas UK funds Cedric Bucher says the firm has been seeking minimum disruption for its investors and advisers with the Elevate acquisition.

“We are pleased to announce the launch of the superclean share classes for Architas funds on the Standard Life Wrap.

“This ensures the preferential pricing for Architas funds is consistent for advisers across both Standard Life platforms.”