MorgenFund has announced that there will no longer be transaction fees when purchasing mutual fund and ETF shares. For private investors and retail investors, this means they can acquire their shares without additional trading costs.
Comprehensive Update of the Fee Model
The elimination of transaction fees is part of a larger update to MorgenFund’s pricing and services schedule, which has been valid since May 2025. In addition to this change, custody fees have also been reduced by approximately 45%. The number of custody variants has been reduced to a total of two: the free MorgenFund Kids Depot until the age of 18 and the MorgenFund Online Depot.
Advantages for Investors
For investors, these adjustments are particularly attractive as the reduced costs in mutual fund and ETF trading can positively impact net returns. The ongoing service fee is about 0.50% annually (with a coupon code), while the average product costs for fund management are around 0.30% per year.
Easy Switch with Free Custody Transfer
MorgenFund does not charge fees for transferring custody to their provider, making a switch easier.
Summary:
- No transaction fees for purchasing mutual fund or ETF shares
- Reduced custody fees by up to 45%
- Two main custody models: Kids Depot (free until age 18) and Online Depot
- Service fee approx. 0.50%, fund costs approx. 0.30% p.a., total costs approx. 0.80% p.a.
- Free custody transfer is possible
These changes make MorgenFund an attractive choice for private investors looking to invest in mutual funds and ETFs at low cost.