If you're wanting to build a diverse portfolio but don't have the funds or time to put one together, then you could consider the exchange traded funds (ETFs) listed below.
These ETFs allow investors to buy a slice of a significant number of shares through just a single investment. This arguably provides instant diversification for a portfolio.
Here's what you need to know about these ETFs:
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Vanguard MSCI Index International Shares ETF (ASX: VGS)
The first ETF to look at is the Vanguard MSCI Index International Shares ETF.
At present, this ETF gives investors exposure to 1,467 of the world's largest listed companies from major developed countries. This allows investors to benefit from the long-term growth potential of the global economy.
Among the global giants you'll be owning a slice of with this fund are Apple, HSBC, LVMH Moet Hennessy Louis Vuitton, Nestle, Procter & Gamble, Roche, Royal Bank of Canada, Shell, and Visa.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ETF for investors to consider is the Vanguard Australian US Total Market Shares Index ETF.
This low-cost and diversified ETF provides investors with exposure to some of the world's largest companies listed in the United States.
Vanguard highlights that it allows investors to participate in the long-term growth potential of US listed companies and sees it as a top option for buy and hold investors seeking long-term capital growth, some income, and international diversification.
Among the companies included in the ETF are the likes of Amazon, Boeing, JP Morgan, Starbucks, and Walmart.
