If I’d put £20,000 into a FTSE 100 tracker a year ago, here’s what I’d have now

I’m tempted by the thought of putting my cash into a FTSE 100 tracker fund, and then just sitting back and watching.

The FTSE 100 is up 11.7% in the past 12 months, so it seems like a good idea. But it’s been a good year, after a few pretty bad ones.

Still, over the past 20 years (which includes the pandemic crisis, and a load of global economic woes), we’ve seen an average annualised FTSE 100 return of 6.9%.

Over the long term, I reckon that would be pretty good for no effort on my part.

Tracker fund

What might a full year’s Stocks and Shares ISA allowance of £20,000 be worth today, if I’d invested it 12 months ago?

Here’s what the share price of the iShares Core FTSE 100 UCITS ETF (LSE: ISF) looks like over time:

Scary name

Don’t be put off by that complicated long name, as it’s a popular FTSE 100 tracker. The ‘ETF’ part means it’s an