The OCF will be capped at 0.5% per annum, with AJ Bell also waiving its platform charge for holding funds until January 2019.
The launch offer period opened on 27 March to enable advisers to utilise any of their clients’ unused Isa or Sipp allowances before the tax year end.
There is a fixed price of £1 during that period before the funds start trading on 18 April 2017.
Andy Bell, chief executive of AJ Bell, said: “Advisers are increasingly turning to passive investment solutions to keep costs low for their clients and many are choosing to outsource investment management to third parties so they can focus on their core financial planning services.
“To meet that demand we have built a range of diversified multi-asset funds and are mapping them to the main risk profiling tools advisers use so they can easily incorporate them into their existing business processes.
“The funds themselves are already very low cost but we have also decided to waive our platform fee until at least January 2019, meaning the total cost advisers client’s will pay is amongst the lowest in the market for an investment solution like this,” said Bell.
