Mutual funds

Invest in mutual funds for as little as £4.99 a month on Standard and Plus.

Grow your funds, not your fees. Choose from a wide range of mutual funds to diversify your portfolio.
A web screen and a mobile device showing the mutual funds on freetrade.

Capital at risk. Always do your own research

Fund your future

Mutual funds pool money from investors to buy a mix of assets like stocks or bonds, managed by professionals to match the fund’s goals. With mutual funds you can benefit from:

Instant diversification

Buying into a fund is like buying a basket of investments. In one unit, you’ll be holding a range of stocks, bonds, and other assets,  giving your portfolio a boost of diversification.

Expert management

Invest in actively managed funds and benefit from a professional fund manager. They oversee the fund and choose the investments within it, with the aim of beating the chosen benchmark.

Convenience

Save yourself time and effort. Funds rebalance and adjust their positions constantly, meaning you don’t have to constantly follow the markets or buy and sell individual stocks to meet your goals.

There is no fee to hold funds on Freetrade, meaning more of your money stays invested and working for you.

Remember, like other investments, the value of funds can go down as well as up and you may get back less than you invest.

How to invest on Freetrade

Join today and start investing in over 6,500, ETFs, investment trusts and funds with our low-cost intuitive platform.

With a Standard or Plus subscription, you can invest in mutual funds via the app or web platform.

No funds holding fee
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Unlike other providers, it’s free to buy and sell funds, and there is no funds holding fee. Other charges may apply.
Simple investing
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Build, track, and manage your portfolio from web or app with our simple and intuitive investing platform.
Tax wrap your funds
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Buy funds in your Freetrade ISA and self-invested personal pension (SIPP) to invest tax efficiently.

Your low-cost fund platform

Freetrade
Interactive Investor
Hargreaves
AJ Bell
Cost to hold funds in your portfolio
From £4.99/mo
STANDARD PLAN
£21.99/mo
INVESTOR + SIPP
0.45%
On holdings
0.25%
On holdings
Dealing commission
£0
FUNDS
£0
SHARES AND ETFS
£3.99
FUNDS
£3.99 - £9.99
SHARES AND ETFS
£0
FUNDS
£11.95
SHARES AND ETFS
£1.50
FUNDS
£5
SHARES AND ETFS
FX fees
Exchange rate + 0.59%
Exchange rate + 1.5%
Exchange rate + 1%
Exchange rate + 0.75%
General investment account
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Stocks and shares ISA
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Self-invested personal pension (SIPP
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Comparison Disclosure
Costs are based on those published costs on the other providers’ websites as of 9 June 2025. They are shown for illustrative purposes only. For confirmation of their up-to-date charges and product information, you should visit their websites.

Freetrade:
Subscription fee is based on the equivalent monthly cost of the Standard subscription fee if paid annually. Mutual funds are currently only available with a Standard or Plus plan.

Interactive Investor:
Subscription fee is based on the Investor + SIPP plan, which gives customers access to a GIA, ISA and SIPP. The Investor plan allows for one free trade credit worth £3.99 per month. The FX rate reduces on a tiered scale, based on transaction value: 1.25% for trades between £25,000 - £49,999, 1.0% for trades between £50,000 - £99,999.99, 0.50% for trades between £100,000 - £599,999, and 0.25% for trades of £600,000 or more. Dealing commission on UK and US shares is £3.99 per trade, and EU shares are £9.99 per trade.

Hargreaves Lansdown:
There is a 0.45% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £8.95 per share trade when 10-19 trades were executed in the previous month, or £5.95 when 20 or more trades were executed in the previous month. The FX rate reduces on a tiered scale, based on transaction value: 1% for the first £5,000, 0.75% for the next £5,000, 0.50% for the next £10,000, and 0.25% for anything above £20,000.

AJ Bell:
There is a 0.25% charge on the value of funds held in your account, uncapped. Dealing commission reduces to £3.50 per share trade when 10 or more trades were executed in the previous month.  The FX rate reduces on a tiered scale, based on transaction value: 0.75% for the first £10,000, 0.50% for £10,001 - £20,000, and 0.25% for anything over £20,000.

Learn more

Learn more about funds

We cover the most frequently asked questions about mutual funds.
Learn More

Mutual funds: a guide

Everything you need to know about mutual funds as a UK investor.
Learn more

Freetrade Plus

The ultimate Freetrade plan. Tax-efficient, low-cost, DIY investing for all.
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When you invest, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you invest.

Freetrade does not give investment advice and you are responsible for making your own investment decisions. If you are unsure about what is right for you, you should seek independent advice.

ISA and SIPP eligibility rules apply. Tax treatment depends on personal circumstances and current rules may change.

A SIPP is a pension designed for you to save until your retirement and is for people who want to make their own investment decisions. You can normally only draw your pension from age 55 (57 from 2028), except in special circumstances.

At present, Freetrade only supports Uncrystallised Fund Pension Lump Sums (UFPLS) for customers who wish to withdraw funds from their SIPP after their 55th birthday. We strongly encourage you to seek financial advice before making any withdrawals from your SIPP.

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When you invest, your capital is at risk.