Given the growth of the business it is right that we continue to offer competitive and value for money solutions for our clients.
In a move to offer the best value to advisers using a platform we are making our super clean share classes available to all UK investment platforms. We are currently working closely with your platforms to extend the share classes accessibility so you can offer the best value to your clients.
Previously the super clean share class has only been available on Standard Life Elevate and Standard Life Wrap. This will mean a reduction in the annual management charge (AMC) for all other platform clients of 20 basis points (bps) on the Active* and Blended ranges, 5 bps on the Passive fund range and 10 bps on the Diversified Real Assets fund compared to the clean share classes.
Extending our super clean share classes across all platforms will provide better value and more consistent pricing for all clients invested in Architas via third party platforms. We now have advisers using Architas across all the main UK platforms and believe it is right to make the best value pricing available to all platform clients rather than just those using a specific one.
During the 10 years of Architas we have seen significant changes in the market. This includes the growth of multi-asset and multi-manager solutions and demand from advisers for funds that balance risk with potential reward. Given the growth of the business, it is right that we continue to offer competitive and value for money solutions for our clients.
This move will also simplify the situation if you are switching clients between platforms or using multiple platforms as part of your investment proposition. Having consistent pricing also removes the additional costs you face if you wish to switch platforms and want to remain invested in Architas funds. We hope this move will be welcomed by you and your clients.
Here is a breakdown of how the charges will be reduced:
|Fund/fund range||Clean share class AMC (bps)||Super clean share class AMC (bps)||Reduction in AMC (bps)|
|Archistas Multi-Asset Active funds*||75||55||20|
|Archistas Multi-Asset Blended funds||60||40||20|
|Archistas Multi-Asset Passive funds||30||25||5|
|Archistas Diversified Real Assets Fund||65||55||10|
|Archistas Diversified Global Income Fund||60||40||20|
|Archistas Multi-Manager UK Equity Fund||60||40||20|
|Archistas Multi-Manager Monthly high Income Fund||60||40||20|
|Archistas Multi-Manager Strategic Bond Fund||60||40||20|
*The AMC on the clean (A) share class for the Architas Multi-Asset Active Reserve fund is 60bps so the reduction is only 5bps for the (S) share class.
Past performance is not a guide to future performance. The value of investments, and any income, can fall as well as rise and is not guaranteed, which means your client could get back less than they invest. If you need more information on any of our funds, you can ask us for a free copy of the Key Investor Information document (KIID) and the prospectus. You can also view or download all of our funds’ KIIDs from our website at architas.com. Some of the fund’s portfolio is invested in non-mainstream assets, which during periods of stressed market conditions may be difficult to sell at a fair price, which may in turn cause prices to fluctuate more sharply than usual.
Architas Multi-Manager Limited is a company limited by shares and authorised and regulated by the Financial Conduct Authority (Firm Reference Number 477328). It is registered in England: No. 06458717. Registered Office: 5 Old Broad Street, London, EC2N 1AD.