Where to invest $3,000 in super ASX 200 shares for your SMSF

Analysts think these shares could be great long term buys.

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If you're managing your own super fund and looking for quality ASX 200 shares to invest in, Bell Potter's research might help narrow the field.

Its Australian Equities Panel is home to the shares that it believes offer the most attractive risk-adjusted return potential over the long term.

These are companies with strong fundamentals, proven management teams, and competitive advantages — exactly the type of businesses that suit a long-term self-managed super fund (SMSF) portfolio.

Here are three ASX shares Bell Potter currently rates highly that could be worthy of a $3,000 investment for your SMSF.

CSL Ltd (ASX: CSL)

CSL is one of Australia's most respected healthcare companies, operating across plasma therapies, vaccines, and biopharmaceuticals. It has a long track record of delivering strong returns for investors and remains a core portfolio holding for many long-term investors.

And while its recent performance has been somewhat disappointing, Bell Potter believes that it is now positioned for consistent and strong earnings growth over the coming years. It said:

CSL presents an attractive buying opportunity as we anticipate the start of a margin recovery phase for CSL, driving above-market earnings growth over the next few years. CSL trades at a 12-month forward PE of ~23x, representing a discount to its 10-year average of ~31x.

Goodman Group (ASX: GMG)

Another ASX 200 share that could be a buy is Goodman Group. It is a global property developer with exposure to some of the world's most sought-after logistics and data centre assets.

It has been a consistent performer thanks to its disciplined execution and forward-looking development strategy. Bell Potter believes this trend will continue and sees recent weakness as a buying opportunity. It said:

GMG presents an attractive opportunity, particularly following its recent pullback after the capital raise. The company is well-leveraged to data centres, a high-growth sector that is driving a strong future development pipeline at higher margins.

Harvey Norman Holdings (ASX: HVN)

Finally, Harvey Norman could be an ASX 200 share to buy for an SMSF. It is a household name in retail, but it also owns a significant property portfolio that provides stability and earnings resilience.

As interest rates ease, Bell Potter notes that consumer spending and property values could recover, supporting the company's outlook. It said:

We view HVN's valuation more compelling, particularly given its additional exposure to furniture and land portfolio relative to JBH and WES. In addition, we see the company as a key beneficiary of RBA rate cuts as the housing market returns to a more buoyant phase, aided by rising disposable income and house prices during the rate-cutting cycle that should buoy consumer sentiment.

Motley Fool contributor James Mickleboro has positions in CSL and Goodman Group. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL and Goodman Group. The Motley Fool Australia has positions in and has recommended Harvey Norman. The Motley Fool Australia has recommended CSL and Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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