The Motley Fool

Want to invest in Warren Buffett’s Berkshire Hathaway on the ASX?

I’m sure most readers will have heard of legendary investor Warren Buffett, who is chief man behind Berkshire Hathaway.

He has returned just over an astonishing 2,400,000% since 1965. He has done a wonderful job for Berkshire Hathaway shareholders, including himself.

The business he has created continues to do well each year due to the quality of its subsidiaries and significant holdings.

So how do we get a piece of this wonderful business?

Vanguard US Total Market Shares Index ETF (ASX: VTS) is an exchange-traded fund (ETF) that has very low management fee costs and gives investors a small exposure to Berkshire Hathaway because a small percentage of the holding is devoted to the American conglomerate.

However, there’s a listed investment company (LIC) that devotes much more of its holdings to Berkshire Hathaway.

Global Masters Fund Limited (ASX: GFL) is a very small LIC and it aims to create long-term capital growth by investing in ‘quality global assets’.

Of its portfolio at 30 April 2018, 61.03% was invested in Berkshire Hathaway shares. Almost 30% is invested in UK shares and the rest is an Australian LIC and cash.

Global Masters has done very well for shareholders, thanks to the strong performance of the underlying portfolio. The Global Masters Fund share price has risen from $0.96 five years ago to $2.13, more than doubling in that time.

Foolish takeaway

If Berkshire Hathaway continues to do well then Global Masters should benefit too. Of course, if you want Warren Buffett exposure then you may as well just invest directly into the overseas-listed company, but I thought this was an interesting idea to share.

5 stocks under $5

We hear it over and over from investors, "I wish I had bought Altium or Afterpay when they were first recommended by The Motley Fool. I'd be sitting on a gold mine!" And it's true.

And while Altium and Afterpay have had a good run, we think these 5 other stocks are screaming buys. And you can buy them now for less than $5 a share!

*Extreme Opportunities returns as of June 5th 2020

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Related Articles...

Latest posts by Tristan Harrison (see all)