If you’re looking to add a bit of diversity to your portfolio, then you might want to consider buying an exchange traded fund or two.
I like exchange traded funds because they allow you to invest in a particular theme, index, or industry through just a single investment.
While there are countless exchange traded funds for for investors to choose from, three of my favourites are listed below. Here’s why I like them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
If you’re looking for exposure to the Asia market, then you might want to consider the BetaShares Asia Technology Tigers ETF. This fund tracks the performance of the 50 largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan). This includes the likes of Alibaba, Samsung, and Tencent Holdings. Given how these companies are among the fastest growing in the region and revolutionising the lives of billions of people, I believe this exchange traded fund could provide strong returns over the 2020s.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another exchange traded fund which I think could provide strong returns for investors over the next decade is the BetaShares NASDAQ 100 ETF. This exchange traded fund gives investors exposure to the 100 largest non-financial businesses on Wall Street’s famous NASDAQ index. It has a high weighting towards technology shares, with the likes of Amazon, Apple, Alphabet, Facebook, Microsoft, and Netflix included in the fund. Given the positive long term outlooks for these companies, I believe the future is bright for the NASDAQ 100.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final option for investors to consider buying is the Vanguard MSCI Index International Shares ETF. This exchange traded fund gives investors access to some of the biggest and most well-known companies in the world. The fund is invested in a total of 1,579 listed companies across major developed countries. Its holdings include the likes of Apple, Mastercard, Nestle, Proctor & Gamble, and Visa. While I don’t think this exchange traded fund will grow as quickly as the others, I think the diversity it offers makes it worth considering.
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 BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS and 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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