If you want to make some buy and hold investments but aren't sure which ASX shares to buy, then you could consider exchange traded funds (ETFs) instead.
That's because they allow you to buy groups of shares with a single click of the button.
Not only does this make it easier for investors that don't have time to research individual companies, but you can build a diversified portfolio with minimal effort.
But which ASX ETFs could be quality buy and hold options? Let's take a look at four:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The BetaShares Global Cybersecurity ETF could be a great long term option for investors.
In recent years there have been a number of high-profile cyber incidents. And you can safely say that they won't be the last. As a result, it is no wonder that worldwide spending on cybersecurity is predicted to increase materially in the future.
This leaves the companies included in this fund, which are the leaders in the industry and working to reduce the impact of cybercrime globally, well-positioned for growth over the next decade and beyond.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
And ASX ETF for investors to consider as a buy and hold investment is the BetaShares NASDAQ 100 ETF.
This hugely popular ETF needs little introduction. It is home to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world and household names. They provide the phones, search engines, streaming platforms, spreadsheets, and online stores we use every day.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A third ASX ETF that could be a top buy and hold option is the VanEck Vectors Morningstar Wide Moat ETF.
If you aspire to invest like Warren Buffett, then this ETF could be an easy way to replicate his strategy. It holds companies with fair valuations and wide moats (competitive advantages). These are two qualities that Buffett looks for when buying shares.
And given his track record over multiple decades, this focus certainly has its advantages.
Betashares Global Quality Leaders ETF (ASX: QLTY)
A final ETF to look at is the Betashares Global Quality Leaders ETF. It provides investors with access to the world's highest quality companies.
To make the cut, the companies need to have high return on equity and profitability, low leverage, and earnings stability.
In addition, the 150 high quality companies included in this ASX ETF come from a range of geographies and global sectors, many of which are under-represented in the Australian share market. Betashares' chief economist, David Bassanese, recently recommended the fund.
