If you have $10,000 spare to invest in the share market, then it could be worth considering the exchange-traded funds (ETFs) listed below.
These funds give investors access to a large number of high-quality shares with a single click of the button. Let's see what they offer:
Betashares Australian Quality ETF (ASX: AQLT)
The Betashares Australian Quality ETF could be a great pick for your $10,000.
This ASX ETF follows a rules-based strategy to select shares based on strong fundamentals, ensuring that investors gain exposure to businesses with solid financial health and competitive advantages.
It holds a mix of blue chip stocks with strong balance sheets, stable earnings, and consistent profitability. Some of its top holdings right now include Telstra Group Ltd (ASX: TLS), Wesfarmers Ltd (ASX: WES), Commonwealth Bank of Australia (ASX: CBA), and Pro Medicus Limited (ASX: PME).
Warren Buffett has long encouraged investing in high-quality businesses with durable competitive advantages, and this fund aligns well with this philosophy. Betashares recently tipped it as one to buy.
Betashares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF to consider for the $10,000 investment is the Betashares Global Cybersecurity ETF.
The companies included in this fund look well-placed for long term growth thanks to the cybersecurity megatrend. In fact, Betashares notes that global cybercrime is projected to cost the global economy over US$10 trillion annually this year, creating strong demand for cybersecurity solutions.
This fund offers investors exposure to some of the world's leading cybersecurity companies. At present, this includes major players such as Palo Alto Networks, CrowdStrike, and Fortinet, which provide world-class security solutions to combat cyber threats.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
Finally, for investors wanting exposure to the Australian tech sector, the BetaShares S&P/ASX Australian Technology ETF could be the way to do it. This ASX ETF tracks the S&P/ASX All Technology Index, which includes some of the country's most innovative tech businesses.
With this fund you are buying a slice of top tech companies such as WiseTech Global Ltd (ASX: WTC), Xero Ltd (ASX: XRO), and NextDC Ltd (ASX: NXT). These businesses have strong growth prospects and operate in industries with significant tailwinds, such as logistics software, cloud accounting, and data centres.
While tech stocks can be volatile, investing in an ETF like this helps spread risk across multiple companies while still allowing you to benefit from the sector's overall growth potential. Betashares also recently named this as one to consider buying.