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AXA Elevate reduces rebate for Architas users

AXA Elevate reduces rebate for Architas users

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.

AXA Elevate first offered to waive the platform fee for clients invested in the Architas funds, overseen by Caspar Rock (pictured), in October 2011.

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