Best of the Week
Most Popular
1.UK General Election BBC Exit Polls Forecast Accuracy - Nadeem_Walayat
2.UK General Election 2017 Seats Final Forecast, Labour, Conservative Lib-Dem, SNP - Nadeem_Walayat
3.UK General Election 2017 Forecast: Conservative 358, Labour 212 Seats - Nadeem_Walayat
4.Theresa May to Resign, Fatal Error Was to Believe Worthless Opinion Polls! - Nadeem_Walayat
5.UK House Prices Forecast General Election 2017 Conservative Seats Result - Nadeem_Walayat
6.The Stock Market Crash of 2017 That Never Was But Could it Still Come to Pass? - Sol_Palha
7.[TRADE ALERT] Write This Gold Stock Ticker Down Now - WallStreetNation
8.UK General Election Results Map 2017 vs 2015 vs Opinion Polls - Nadeem_Walayat
9.Orphaned Poisoned Waters,Severe Chronic Water Shortage Imminent - Richard_Mills
10.How The Smart Money Is Playing The Lithium Boom - OilPrice_Com
Last 7 days
Gold and Silver Ongoing Consolidation May End Soon - 24th Jun 17
Dollar May Become “Local Currency of the U.S.” Only - 24th Jun 17
Sheffield Great Flood of 2007, 10 Years On - Unique Timeline of What Happened - 24th Jun 17
US Stock Market Correction Could be Underway - 24th Jun 17
Proof That This Economic Recovery Narrative is False - 24th Jun 17
Best Cash ISA for Soaring Inflation, Kent Reliance Illustrates the Great ISA Rip Off - 24th Jun 17
Gold Summer Doldrums - 23rd Jun 17
Hedgers Net Short the Euro, US Market Rotates; 2 Horsemen Set to Ride? - 23rd Jun 17
Nether Edge By Election Result: Labour Win Sheffield City Council Seat by 132 Votes - 23rd Jun 17
Grenfell Fire: 600 of 4000 Tower Blocks Ticking Time Bomb Death Traps! - 22nd Jun 17
Car Sales About To Go Over The Cliff - 22nd Jun 17
LOG 0.786 support in CRUDE OIL and COCOA - 22nd Jun 17
More Stock Market Fluctuations Along New Record Highs - 22nd Jun 17
Understanding true money, Pound Sterling must make another historic low, Euro and Gold outlook! - 22nd Jun 17
Green Party Could Control Sheffield City Council Balance of Power Local Election 2018 - 22nd Jun 17
Ratio Combo Charts : Hidden Clues to the Gold Market Puzzle - 22nd Jun 17
Steem Hard Forks & Now People Are Making Even More Money On Blockchain Steemit - 22nd Jun 17
4 Steps for Comparing Binary Options Providers - 22nd Jun 17
Nether Edge & Sharrow By-Election, Will Labour Lose Safe Council Seat, Sheffield? - 21st Jun 17
Stock Market SPX Making New Lows - 21st Jun 17
Your Future Wealth Depends on what You Decide to Keep and Invest in Now - 21st Jun 17
Either Bitcoin Will Fail OR Bitcoin Is A Government Invention Meant To Enslave... - 21st Jun 17
Strength in Gold and Silver Mining Stocks and Its Implications - 21st Jun 17
Inflation is No Longer in Stealth Mode - 21st Jun 17
CRUDE OIL UPDATE- “0.30 risk is cheap for changing implication!” - 20th Jun 17
Crude Oil Verifies Price Breakdown – Or Is It Something More? - 20th Jun 17
Trump Backs ISIS As He Pushes US Onto Brink of World War III With Russia - 20th Jun 17
Most Popular Auto Trading Tools for trading with Stock Markets - 20th Jun 17
GDXJ Gold Stocks Massacre: The Aftermath - 20th Jun 17
Why Walkers Crisps Pay Packet Promotion is RUBBISH! - 20th Jun 17
7 Signs You Should Add Gold To Your Portfolio Now - 19th Jun 17
US Bonds and Related Market Indicators - 19th Jun 17
Wireless Wars: The Billion Dollar Tech Boom No One Is Talking About - 19th Jun 17
Amey Playing Cat and Mouse Game with Sheffield Residents and Tree Campaigners - 19th Jun 17
Positive Stock Market Expectations, But Will Uptrend Continue? - 19th Jun 17
Gold Proprietary Cycle Indicator Remains Down - 19th Jun 17

Market Oracle FREE Newsletter

The MRI 3D Report

Stocks & Shares ISAs Delivering Strongest Performance Since 2009/10 Tax Year

Personal_Finance / ISA's Mar 22, 2017 - 03:21 PM GMT

By: MoneyFacts

Personal_Finance

  • The average stocks & shares ISA fund has grown by 15.8% during the 2016/17 tax year so far, the highest return since the 2009/10 tax year.
  • This compares with an average cash ISA rate of 1.01% over the same period.
  • The average stocks & shares ISA has delivered positive growth in eleven of the 18 tax years since the introduction of ISAs in 1999.

As the 2016/17 tax year draws to a close, new research by Investment Life & Pensions Moneyfacts has revealed the extent to which stocks & shares ISA investors are being rewarded for their investment choice.

As things currently stand, 2016/17 is on course to be the best year for stocks & shares ISA performance since the 2009/10 tax year. The average stocks & shares ISA fund has delivered growth of 15.8% (see Table 1), the highest growth since the 2009/2010 tax year when the average return was 34.5%. By contrast, the average interest rate on cash ISAs (both fixed and variable rate) during the course of the 2016/17 tax year is 1.01%.

Table 1: Average ISA performance during 2016/17 tax year
(Source: Investment Life & Pensions Moneyfacts/Lipper) Figures as at 20.3.17.


2016/17 Tax Year

% Growth

Average Stocks & Shares ISA

15.8%

Best Performing Stocks & Shares ISA Fund Sector

40.1% (Japanese Smaller Companies)

Best Performing Stocks & Shares ISA Fund

55.5% (JPM Natural Resources)

Highlighting the productive period that investors have enjoyed in the current tax year is the fact that just 33 out of the 979 ISA funds surveyed (3%) have failed to delivered growth during this period. In terms of Investment Association sectors, the standout ISA performers during the current tax year have been Japanese Smaller Companies (40.1%), North American Smaller Companies (37.3%) and Japan (32.5%).

Richard Eagling, Head of Pensions and Investments at Moneyfacts, said:

“Despite considerable economic and political uncertainty the 2016/17 tax year has been a very productive period for most stocks and shares ISA funds. However, the dominance of cash ISAs over stocks and shares ISAs in terms of popularity means that many individuals will not have benefitted. ISAs have proved to be a phenomenal success since they were introduced almost 18 years ago but whether individuals are making the right choices is questionable. Cash ISAs remain the default choice for many investors despite low interest rates. Those reluctant to consider the merits of stocks and shares ISAs may think again if they can see the higher returns that they are potentially missing out from.”

www.moneyfacts.co.uk - The Money Search Engine

Moneyfacts.co.uk is the UK's leading independent provider of personal finance information. For the last 20 years, Moneyfacts' information has been the key driver behind many personal finance decisions, from the Treasury to the high street.


© 2005-2017 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

Catching a Falling Financial Knife