With a new month upon us, what better time to look at your portfolio and see if there's room for a new addition or two.
If you're a fan of exchange traded funds (ETFs), then listed below are three that could be worth getting better acquainted with.
Here's what you need to know about these ETFs:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF to look at is the BetaShares Global Cybersecurity ETF. As its name suggests, this ETF provides investors with exposure to the leaders in the growing global cybersecurity sector. Among the companies you'll be buying a slice of are cybersecurity giants Accenture, Crowdstrike, Okta, and Palo Alto Networks. These companies appear well-positioned for growth over the coming decade thanks to increasing demand for cybersecurity services as more infrastructure shifts to the cloud and cyber attacks increase.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another ETF for investors to consider in March. This very popular ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world such as Amazon, Alphabet, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla. And with the ETF down 14% from its 52-week high, this could make it an opportune time to invest with a long term view.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A third and final ETF for ASX investors to look at in March is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and eSports. Among the tech companies that you'll be owning a slice of are Activision Blizzard, AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. These companies all look well-placed to benefit from the increasing popularity of video games and eSports.
