If you don’t feel comfortable picking individual shares to invest in or you’d like to invest in a particular theme, then ETFs could be a good option for you.
This is because they allow you 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 like them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
I think the BetaShares Asia Technology Tigers ETF could be a good option for growth investors. It provides investors with exposure to the 50 largest technology and online retail companies in the Asian market (excluding Japan). Amongst its biggest holdings you’ll find the likes of Alibaba, Infosys, Samsung, and Tencent. I believe the majority of the companies in this ETF have very strong growth prospects, potentially making this ETF a great long-term option.
iShares Global Healthcare ETF (ASX: IXJ)
With demand for healthcare services expected to increase materially over the next few decades as global populations age, I believe the healthcare sector could be a great place to invest. For this reason, I feel the iShares Global Healthcare ETF could be a quality option for investors to consider. It gives investors exposure to companies across biotechnology, pharmaceutical, and medical device sectors. This includes many of the world’s biggest and best healthcare companies such as CSL Ltd (ASX: CSL), Johnson & Johnson, Novartis, and Pfizer.
iShares S&P 500 ETF (ASX: IVV)
A final ETF to consider buying is the iShares S&P 500 ETF. This ETF gives investors exposure to Wall Street’s S&P 500 index, which is home to many of the largest companies in the world. Some of its largest holdings include Amazon, Apple, and Microsoft. It is worth noting that the iShares S&P 500 ETF is not currency hedged. This means that if the Australian dollar continues to weaken, the value of your investment will appreciate. Though, of course, the opposite applies if the Aussie dollar were to strengthen.
Where to invest $1,000 right now
When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
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
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers 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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