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AXA Elevate reduces rebate for Architas users
by Jun Merrett on Nov 20, 2012 at 13:52
AXA Elevate has lowered the rebate it gives back to clients who use its Architas fund range to 75% of the annual platform charge attached to the multi-manager funds.
Previously investors in the Architas range via the Elevate platform received 100% of the charge, between 0.65% and 0.14%, back into their cash account.
This will reduce to 75% from 2013 onwards.
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