Do you have room in your portfolio for some exchange-traded funds (ETFs)?
If you do, then it could be worth considering the five funds named in this article. Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be a great option for investors that are wanting exposure to Asia. That's because it provides investors with easy access to the best tech stocks that the region has to offer (excluding Japan). This includes ecommerce giant Alibaba, search engine leader Baidu, iPhone maker Taiwan Semiconductor Manufacturing Company, WeChat owner Tencent, and Temu owner PDD Holdings.
Betashares Global Uranium ETF (ASX: URNM)
Another second ASX ETF for investors to look at is the Betashares Global Uranium ETF. It gives investors exposure to the leading companies in the global uranium industry. This includes local uranium miners Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN). These companies look well-positioned for the future given that demand for uranium is expected to surge over the next decade and outstrip supply. This could mean strong prices and bumper profits for uranium miners.
iShares Global Consumer Staples ETF (ASX: IXI)
The iShares Global Consumer Staples ETF could be another fund to look at this month. It gives investors access to many of the world's largest consumer staples companies. This includes global giants such as Coca-Cola, Nestle, Procter & Gamble, and Unilever. Given that these companies sell everyday items, they tend to perform well whatever is happening in the global economy. In light of this, this ETF could be a good option for investors with a low tolerance for risk.
iShares S&P 500 ETF (ASX: IVV)
Another ASX ETF that could be worth a closer look is the iShares S&P 500 ETF. It gives investors easy access to 500 of the largest listed companies on Wall Street. This means that you will be buying a slice of 500 shares from a range of different industries and sectors. This includes many of the world's largest companies such as Apple, Exxon Mobil Corp, Microsoft, and Nvidia.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF to consider buying is the Vanguard MSCI Index International Shares ETF. It gives investors access to approximately 1,500 of the world's largest listed companies (outside Australia). This is such a large number of shares that it can almost instantly diversify a portfolio. This could make it a great option for investors that are currently over-concentrated on certain sectors such as tech or banks.
