The move follows significant, ongoing price cuts from passive providers that have seen costs plummet in recent months.
Cedric Bucher, business development head at Architas, said the group’s “unfettered approach” to multi-asset passive investing, allows it to take advantage of this ongoing fee pressure and it is now in a position to pass it onto its investors.
According to the group, the new ongoing charge figure for the clean share class of the six passive fund of funds within the range will be capped at 50 basis points.
Managed by Stephen Allen, the risk-profiled funds are all administered according to the “forward looking eValue asset allocation model” Architas said.
It has also cut the upfront charge on its zero AMC share class to 1% from 2%.
“The only additional charge on the Zero AMC share class is some ongoing costs for underlying funds and administration, capped at 0.2% per annum,” the firm said.
Bucher added: “Since launch our passive range has proved extremely popular with advisers, and their clients. The disciplined approach of the risk model ensures an outcome in line with clients’ risk expectations, while the outsourced strategic asset allocation removes emotion. The multi-asset, fund of funds approach also gives greater potential for diversification with access to a full range of passive vehicles.”
