Investors that are seeking to build their wealth materially over the long term might want to consider the exchange traded funds (ETFs) in this article.
Let's look a bit closer at these investment options and see what they offer investors. Here's what you need to know about them:
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Betashares notes that companies that generate high levels of free cash flow have historically tended to outperform broad global equity benchmarks over the medium to long term. As a result, this could make the Betashares Global Cash Flow Kings ETF one to consider buying and holding.
It focuses on global companies with strong free cash flow. This includes giants such as Alphabet (NASDAQ: GOOG), Visa (NYSE: V), and Accenture (NYSE: ACN).
Betashares recommended the ETF as one to buy for 2024 and highlights that it could serve as a core exposure to global equities or alongside existing low-cost passive global ETFs.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Given how cybersecurity demand is growing at a strong rate, it could make the BetaShares Global Cybersecurity ETF a great long term option for investors.
It provides investors with access to the leading players in the global cybersecurity industry. Betashares highlights that "an estimate of the total addressable market by McKinsey suggests that the cybersecurity market is $1.5-$2.0 trillion globally, and at best only 10% penetrated with a very long runway for growth."
Betashares Global Quality Leaders ETF (ASX: QLTY)
It's never a bad idea to invest in the highest quality stocks that the world has to offer. As a result, the Betashares Global Quality Leaders ETF could be a great buy and hold option. It was recommended as an ASX ETF to buy by Betashares last year.
This has proven to be a good recommendation. Over the past 12 months, its units have risen almost 17%. This has been driven by its focus on investing in the highest quality companies in the world. These are approximately 150 companies that rank highly on four key metrics: return on equity, debt-to-capital, cash flow generation, and earnings stability.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Speaking of quality, if you are looking for long term options, then it is hard to ignore the BetaShares NASDAQ 100 ETF.
It gives investors access to 100 of the largest non-financial shares on the famous NASDAQ index. These are the giants of our age and include many of the highest quality companies you can find. This includes Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA).
Vanguard MSCI Index International Shares ETF (ASX: VGS)
Finally, the Vanguard MSCI Index International Shares ETF could be another great buy and hold option.
It offers investors easy access to a group of approximately 1,500 of the world's largest listed companies from major developed countries.
Vanguard points out that this gives investors exposure to a diverse group of stocks that allow them to participate in the long-term growth potential of international economies.
