If you're interested in adding some ASX exchange traded funds (ETFs) to your portfolio in March, then it could be worth getting better acquainted with the three listed below.
Here's what sort of companies you will be investing in if you buy these ETFs:
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
If you're confident on the outlook of electric vehicles and lithium, then the ETFS Battery Tech & Lithium ETF could be the one for you. Rather than having to decide which ASX lithium share to buy, you can own a group of them in one fell swoop. This ETF invests in companies throughout the lithium cycle, including mining, refinement and battery production.
Vanguard Australian Shares Index ETF (ASX: VAS)
If you want an easy way to invest in the Australian share market, then the Vanguard Australian Shares Index ETF could help you do it. It is a low-cost, diversified, index-based exchange-traded fund that aims to track the ASX 300 index. This means you'll be buying a diverse group of 300 shares such as footwear retailer Accent Group Ltd (ASX: AX1), miner BHP Group Ltd (ASX: BHP), and banking giant Commonwealth Bank of Australia (ASX: CBA).
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Alternatively, if you want to invest globally, then the Vanguard MSCI Index International Shares ETF could be the answer. This popular ETF gives investors easy access to approximately 1,500 of the world's largest listed companies from major developed countries. This allows you to gain exposure to global economic growth. It also means you can almost instantly diversify a portfolio. That's because among its holdings are companies from sectors ranging from technology to financials and healthcare to energy.
