If you’re looking to boost your portfolio with exchange traded funds (ETFs), then you might want to consider the two listed below.
Due to their focus on the tech sector, they have recently pulled back from their all-time highs. This could make it a good time to consider them as long term investments:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
If you’re interested in gaining exposure to the rapidly growing Asian tech sector, then you can achieve this with the BetaShares Asia Technology Tigers ETF.
Among the fund’s holdings you will find the likes of Alibaba, Baidu, JD.com, Meituan Dianping, Samsung, Tencent, and Pinduoduo.
My first focus will be on Pinduoduo. It is an e-commerce platform that offers a wide range of products from daily groceries to home appliances. Its platform connects distributors with consumers directly through an interactive shopping experience, allowing shoppers to team up to buy items at lower prices. At the end of September, it was serving 731 million active buyers.
Another company included in the fund is Alibaba. It is the Amazon of China and at the end of September had 757 million annual active customers. Across its Alibaba, Taobao, and Tmall brands, the company is estimated to control a sizeable 56% of China’s e-commerce market. It also has a presence offline with a growing network of grocery stores, hypermarkets, and department stores.
A third company in the fund is Meituan Dianping. Its apps connect consumers with local businesses for food deliveries, hotel bookings, movie tickets, and many other services. During the second quarter of FY 2020, the company was making 24.5 million food deliveries per day. Meituan had 476.5 million users at the end of September.
Over the last 12 months, the BetaShares Asia Technology Tigers ETF generated a return of 64% for investors.
Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF aims to track the performance of the NASDAQ-100 Index. The NASDAQ-100 comprises 100 of the largest non-financial companies listed on the world-famous NASDAQ market. This includes many companies that are at the forefront of the new economy.
Among its top ten portfolio holdings are Google parent Alphabet, Amazon, Apple, Facebook, Intel, Microsoft, Netflix, Nvidia, PayPal, and Tesla. But it doesn’t stop there, there is also a whole range of exciting companies such as Booking Holdings, Intuit, and MercadoLibre in the fund.
MercadoLibre is an operator of ecommerce platforms in the Latin America market. It is best known for the MercadoLibre Marketplace, which is an automated ecommerce platform that enables businesses and individuals to list merchandise and conduct sales and purchases online. It is often referred to as Latin America’s Amazon.
The company also has MercadoPago, which is a financial technology solution platform facilitating transactions on and off its marketplaces (much like PayPal). And finally, there’s the MercadoShops solution, which is Latin America’s answer to Shopify.
Over the last 12 months, the Betashares Nasdaq 100 ETF has generated a return of 20%.
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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. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.