If you are lucky enough to have $10,000 to invest in the share market in November, then it could be worth considering the exchange-traded funds (ETFs) listed below.
Especially if you're not feeling overly confident with stock picking. That's because these funds provide investors with easy access to large groups of quality shares with a single click of the button.
Here's why these ASX ETFs could be worth considering for a $10,000 investment next month:
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BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF to consider for a $10,000 investment is the BetaShares NASDAQ 100 ETF. This massively popular ETF allows investors to own a slice of the 100 largest non-financial shares on the famous NASDAQ index. This is where you'll find all the major tech companies that offer products and services that we use every day. This includes search engines, streaming services, mobile phones, spreadsheets, cloud storage, graphic cards, electric vehicles, and online shopping platforms. Among its largest holdings are Amazon, Apple, Microsoft, and Nvidia.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Another ASX ETF to consider is the Betashares Global Cash Flow Kings ETF. The fund manager, Betashares, points out that companies that generate high levels of free cash flow have tended to outperform the market over the medium to long term. So, with this fund focused on investing in high quality companies with strong cash flow generation, it could be a great long term option. It is for this reason that Betashares is tipping it as one to consider buying for when interest rates start to fall. Among its holdings are Ozempic owner Novo Nordisk (NYSE: NVO), Google parent Alphabet (NASDAQ: GOOG), and payments giant Visa (NYSE: V).
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
A third ASX ETF to look at is the BetaShares S&P/ASX Australian Technology ETF. It was also recently named as one to buy by the team at Betashares. The fund manager highlights that the ETF gives investors easy access to a side of the market that is likely to boom over the next decade. It explains: "With the nascent adoption of AI, cloud computing, big data, automation, and the internet of things, there's a good chance that the next decade's major winners will come from the tech sector. Despite Australia's sharemarket skewing heavily towards financials and resources, investors can gain direct exposure to Aussie tech stocks via ATEC."
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ASX ETF that could be a top option for a $10,000 investment in November is the VanEck Vectors Morningstar Wide Moat ETF. This popular ETF has delivered strong returns for investors in recent years thanks to its focus on investing in high-quality companies with fair valuations and sustainable competitive advantages. It is worth noting that these are the qualities that legendary investor Warren Buffett looks for when making investments.
