One investment option that is growing in popularity is exchange traded funds (ETFs). And it isn’t hard to see why…
The post 3 excellent ETFs for ASX investors in August appeared first on The Motley Fool Australia. –
One investment option that is growing in popularity is exchange traded funds (ETFs).
And it isn’t hard to see why they are so popular with investors. As well as being an easy way to invest your hard-earned money, they provide you with opportunities that were unattainable a decade ago.
But given the many options, it can be difficult to decide which ETFs to buy ahead of others. To narrow things down, I have picked out three ETFs that are highly rated right now. They are as follows:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF for investors to consider is the BetaShares Global Cybersecurity ETF. This ETF gives investors exposure to the leading companies in the global cybersecurity sector. Given how prevalent cyberattacks are becoming and how much infrastructure is now in the cloud, demand for cybersecurity services is expected to rise strongly in the future. This bodes well for companies included in the fund such as Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another option for investors is the BetaShares NASDAQ 100 ETF. It could be a top option as it gives investors exposure to the 100 largest non-financial shares on the NASDAQ index. These are many of the largest companies in the world and household names. Among the 100 are giants including Amazon, Alphabet, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla. Given the positive long term outlooks of these companies, the Nasdaq 100 has been tipped to outperform the broader market.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ETF to consider is the VanEck Vectors Morningstar Wide Moat ETF. This ETF gives investors access to a diversified portfolio of companies with sustainable competitive advantages and fair valuations. These are traits that Warren Buffett looks for when he picks his investments. At present, there are a total of 49 US based stocks in the fund. This includes Amazon, Bank of America, Berkshire Hathaway, Intel, McDonalds, Microsoft, Philip Morris, and Yum Brands.
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*Returns as of May 24th 2021
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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BETA CYBER ETF UNITS and BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BETA CYBER ETF UNITS, BETANASDAQ ETF UNITS, and BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.