Thermodynamic properties of cubic Heisenberg ferromagnets with competing exchange interactions are considered near the frustration point where the coefficient $D$ in the spin-wave spectrum $E_{mathbf{k}}sim D k^{2}$ vanishes. Within the Dyson-Maleev formalism it is found that at low temperatures thermal fluctuations stabilize ferromagnetism by increasing the value of $D$. For not too strong frustration this leads to an unusual concave shape of the temperature dependence of magnetization, which is in agreement with experimental data on the europium chalcogenides. Anomalous temperature behavior of magnetization is confirmed by Monte Carlo simulation. Strong field dependence of magnetization (paraprocess) at finite temperature is found near the frustration point.
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