Mutual Funds

Diversify your portfolio with a selection of Vanguard funds. Now available in beta on Freetrade.
Capital at risk.
A web screen and a mobile device showing the mutual funds on freetrade.

Fund your future

Invest for the long term with mutual funds, now available on Freetrade.

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.

Not sure which stocks to pick? Maybe a fund is for you.

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

Funds are currently in beta on Freetrade. With a Plus subscription, you can buy and sell from a select list of 22 Vanguard funds on the web platform.

Join today and start investing in over 6,200 stocks, ETFs, investment trusts and funds with our low-cost, intuitive platform.

No funds holding fee
+
-
Unlike other providers, it’s free to buy and sell funds, and there is no funds holding fee. Other charges may apply.
Simple investing
+
-
Build, track, and manage your portfolio from web or app with our simple and intuitive investing platform.
Tax wrap your funds
+
-
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
£9.99/mo
PLUS 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 + 0.39%
Exchange rate + 1.5%
Exchange rate + 1%
Exchange rate + 0.75%
General investment account
Stocks and shares ISA
Self-invested personal pension (SIPP
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 Plus subscription fee if paid annually. Mutual funds are currently only available with a 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.

What's next for funds?

Over the coming months, we’ll be adding funds to the app, and building out the funds experience.

GIA Transfer Hero

Funds on Freetrade

Mutual funds are in beta on Freetrade. This means you can buy and sell funds, and build your portfolio. Stay tuned as we build in more fund data, add it to the mobile app, and open up transfers.

There are currently 22 Vanguard mutual funds available on Freetrade.

LifeStrategy Funds
GB00B4NXY349Vanguard LifeStrategy 20% Equity Fund A Gross (Accumulating)
GB00B3ZHN960Vanguard LifeStrategy 40% Equity Fund A (Accumulating)
GB00B3TYHH97Vanguard LifeStrategy 60% Equity Fund (Accumulating)
GB00B4PQW151Vanguard LifeStrategy 80% Equity Fund (Accumulating)
GB00B41XG308Vanguard LifeStrategy 100% Equity Fund (Accumulating)
Target Retirement Funds
GB00BZ6VHV15Vanguard Target Retirement 2015 Fund (Accumulating)
GB00BZ6VJB58Vanguard Target Retirement 2025 Fund (Accumulating)
GB00BZ6VJD72Vanguard Target Retirement 2030 Fund (Accumulating)
GB00BZ6VK781Vanguard Target Retirement 2040 Fund (Accumulating)
GB00BF38WW17Vanguard Target Retirement 2060 Fund (Accumulating)
GB00BF38WX24Vanguard Target Retirement 2065 Fund (Accumulating)
Equity index funds
GB00B5B71Q71Vanguard U.S. Equity Index Fund (Accumulating)
GB00BD3RZ582Vanguard FTSE Global All Cap Index Fund (Accumulating)
GB00B59G4H82Vanguard FTSE U.K. Equity Income Index Fund GBP (Accumulating)
GB00B59G4Q73Vanguard FTSE Developed World ex-U.K. Equity Index Fund GBP (Accumulating)
GB00B5B71H80Vanguard FTSE Developed Europe ex-U.K. Equity Index Fund GBP (Accumulating)
Actively managed equity funds
GB00BMV9B621Vanguard Global Capital Stewards Equity Fund (Accumulating)
GB00BZ82ZT69Vanguard Global Equity Fund (Accumulating)
GB00BZ82ZY13Vanguard Global Emerging Markets Fund (Accumulating)
ActiveLife Climate Aware funds
GB00BMCQRZ38Vanguard ActiveLife Climate Aware 40-50% Equity Fund (Accumulating)
GB00BZ830054Vanguard ActiveLife Climate Aware 60-70% Equity Fund (Accumulating)
GB00BMCQS161Vanguard ActiveLife Climate Aware 80-90% Equity Fund (Accumulating)

Learn more

Learn more about funds

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

Vanguard funds, explained

Learn about the different types of Vanguard funds available on Freetrade.
Learn more

Freetrade Plus

The ultimate Freetrade plan. Tax-efficient, low-cost, DIY investing for all.
Discover plus
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.

You’re just minutes away from commission-free investing

When you invest, your capital is at risk