If you're looking to put $10,000 to work in the share market and want a diversified, global approach, exchange-traded funds (ETFs) could be a smart solution.
But which funds would be good picks right now?
For investors seeking to harness the growth of technology, the resilience of cybersecurity, and the stability of essential consumer goods, here are three ASX ETFs that could be worth considering.
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Betashares Nasdaq 100 ETF (ASX: NDQ)
The Betashares Nasdaq 100 ETF offers investors exposure to the 100 largest non-financial companies listed on the Nasdaq stock exchange.
That means household tech giants like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Amazon (NASDAQ: AMZN) are at the top of the list. But dig a little deeper and you'll find some other high-quality companies that don't get anywhere near as much attention.
For example, travel giant Booking Holdings Inc (NASDAQ: BKNG), yoga apparel retailer Lululemon Athletica Inc (NASDAQ: LULU), coffee chain giant Starbucks (NASDAQ: SBUX), and Quickbooks owner Intuit (NASDAQ: INTU) are also part of the index.
Betashares Global Cybersecurity ETF (ASX: HACK)
The Betashares Global Cybersecurity ETF provides investors with exposure to a basket of companies at the forefront of defending digital infrastructure.
This ASX ETF includes major players like Palo Alto Networks (NASDAQ: PANW) and CrowdStrike Holdings (NASDAQ: CRWD), which develop next-generation security software for governments and businesses alike.
There is also Okta (NASDAQ: OKTA), which specialises in identity and access management, and Zscaler (NASDAQ: ZS), a cloud-based security platform helping companies transition from legacy systems.
With cyber threats showing no sign of slowing, the companies in the Betashares Global Cybersecurity ETF appear to be well-positioned to benefit from increasing demand for at least the next decade. This could make this fund a great buy and hold option for investors.
iShares Global Consumer Staples ETF (ASX: IXI)
If you want a defensive presence in a portfolio, then consumer staples are worth considering. They tend to offer reliable cash flows and demand resilience.
The good news is that the iShares Global Consumer Staples ETF is an easy way to load up on consumer staple stocks. It gives you access to a spread of essential goods giants from across the globe.
This includes household brands like Colgate-Palmolive (NYSE: CL), Procter & Gamble (NYSE: PG), Nestle (ETR: NESM), and Coca-Cola (NYSE: KO). Another positive is that it does provide investors with a source of income and has a trailing dividend yield of approximately 2%.
