Architas cuts fees on passive multi-asset range

The firm has cut the ongoing charge figure (OCF) on the clean share class of its Multi-Asset Passive funds from 65bps to 50bps, as well as halving the upfront charge on its Zero AMC share class from 2% to 1%. The only additional charge on the latter share class is the fee for ongoing administration, capped at 0.2% per annum. The multi-asset passive range consists of six risk-profiled funds of funds managed by Stephen Allen, investing in a range of external funds as well as trackers and ETFs. Cedric Bucher (pictured), head of business development, said: "Since launch, our passive ra...