If you are looking to make some buy and hold investment but don't want to pick stocks, then ASX ETFs could be the answer.
But which funds would be good picks for the long term? Listed below are three that I would buy and hold for a decade or more. They are as follows:
Betashares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF that I would buy and hold is the Betashares Asia Technology Tigers ETF.
This fund gives you access to some of the most influential tech companies in Asia, including not just Tencent and Alibaba, but also Sea Ltd and PDD Holdings.
These aren't just clones of Silicon Valley. Sea Ltd, for instance, is a Southeast Asian e-commerce, gaming, and fintech leader. Its Shopee platform is dominating online retail in the region, while its Garena gaming division taps into mobile-first consumers.
Meanwhile, PDD Holdings is the company behind the Temu and Pinduoduo online shopping platforms.
Overall, the Betashares Asia Technology Tigers ETF is high-growth, high-volatility, and high-potential. Perfect for investors willing to look beyond the usual suspects and tap into the world's fastest-growing tech ecosystem.
Betashares Nasdaq 100 ETF (ASX: NDQ)
Another ASX ETF I would buy is Betashares Nasdaq 100 ETF.
It tracks the Nasdaq 100 index, which is home to big names such as Apple, Microsoft, and NVIDIA.
It also is home to a number of quality stocks that don't get the same level of investor attention. This includes Intuitive Surgical, which is a pioneer in robotic-assisted surgery. Its da Vinci systems are redefining minimally invasive operations and expanding globally, supported by an aging population and demand for better patient outcomes.
Another holding is Costco, a warehouse retailer with a fiercely loyal customer base and a surprisingly tech-savvy edge.
Overall, I believe this ASX ETF is well-placed to deliver strong returns over the next decade.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
The VanEck Morningstar Wide Moat ETF invests in US companies that analysts believe have fair valuations and sustainable competitive advantages.
These are the qualities that Warren Buffett looks for when making investments. And given his track record, it clearly wouldn't be a bad idea to follow in his footsteps.
Among its holdings are Boeing, Estee Lauder, and Adobe. In respect to the latter, it dominates creative and marketing software — and its subscription model generates recurring, high-margin revenue. It's also investing heavily in AI-enhanced tools to make its moat even wider.