If you’re not comfortable picking individual shares to invest in, then ETFs could be a good option for you.
This is because they provide investors with the ability to invest in a collection of shares through just a single investment.
Three ETFs that I feel are good options for investors right now are listed below. Here’s why I would buy them in November:
iShares Global Healthcare ETF (ASX: IXJ)
With ageing populations around the world growing strongly and chronic disease burden increasing, demand for healthcare services is expected to strengthen materially over the next few decades. In light of this, I think the healthcare sector is a great place to invest with a long term view. One way you can do this is through an investment in the iShares Global Healthcare ETF. This ETF gives investors exposure to the world’s biggest and best healthcare companies. This includes the likes of CSL Ltd (ASX: CSL), Johnson & Johnson, Novartis, and Pfizer.
SPDR MSCI Australia Select High Dividend Yield Fund (ASX: SYI)
Investors that are searching for a source of income might want to consider this ETF. The SPDR MSCI Australia Select High Dividend Yield Fund ETF gives investors exposure to 42 of the highest-yielding shares on the local share market. This includes the likes of Rio Tinto Limited (ASX: RIO), Sydney Airport Holdings Pty Ltd (ASX: SYD), Wesfarmers Ltd (ASX: WES), and the big four banks. At present the ETF provides investors with a dividend yield 5.8%.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ETF to consider buying is the Vanguard MSCI Index International Shares ETF. It provides investors with low-cost exposure to many of the world’s leading companies that are listed in major developed countries. This allows investors to participate in the long-term growth potential of the global economy, rather than just the domestic market. Among its top holdings you will find the likes of Amazon, Apple, Microsoft, Nestle, and Visa.
Where to invest $1,000 right now
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Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now.
*Returns as of June 30th
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 CSL Ltd. The Motley Fool Australia owns shares of and has recommended Sydney Airport Holdings Limited and Wesfarmers Limited. The Motley Fool Australia has recommended Vanguard MSCI Index International Shares ETF. 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.
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