The average stocks and shares Isa fund rate was more than 13 times the typical cash Isa rate over the past year, according to a financial information website.
The average stocks and shares Isa fund rate was more than 13 times the typical cash Isa rate over the past year, according to a financial information website. B etween February 2021 and February 2022, the typical cash Isa rate was just 0.51%, Moneyfacts.co.uk found. This was the lowest the website has recorded for this 12-month February to February period since its records started in 2008. The average stocks and shares Isa fund, meanwhile, returned 6.92% between February 2021 and February 2022 – more than 13 times the average cash Isa rate. The past year’s average performance however was much more subdued than the 13.55% growth seen between March 2020 and March 2021, Moneyfacts said.
