30th November 2016

Architas launches discounted share classes on Standard Life wrap

Architas, the AXA owned multi-manager, has now launched its discounted (‘superclean’) share classes on the Standard Life Wrap platform. These share classes were previously only available on the Elevate wrap but have been extended to the platform following Standard Life’s purchase of the Elevate business from AXA.

The discounted share classes reduce the annual management charge and the ongoing charges figure on the Active, Blended and Passive risk profiled ranges by between 5 and 20bps. The charges for the Diversified Real Assets fund are reduced by around 10bps*.   

Architas has previously agreed with Standard Life that the discounted share classes for Architas funds will continue to be available on the Elevate platform following its acquisition. 

Cedric Bucher, head of Architas UK funds, Architas:

“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 advisers.

“As a result, 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.

“We look forward to continuing our partnership with Standard Life Elevate and are pleased to extend our collaboration and relationship to the broader Standard Life teams.”

David Tiller, Head of Adviser and Wealth Manager Propositions for Standard Life commented: 

“I’m delighted to reach this agreement with Architas, to increase the range of superclean funds available on Standard Life Wrap. We are always looking for ways to support the advisers we work with by offering them the best fund range and deals available. We look forward to a strong working relationship with Architas.”

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