If you are not a fan of stock picking, then don't worry.
That's because there are plenty of exchange traded funds (ETFs) out there for investors to choose from.
But which ones could be buys in August? Let's take a look at five that are highly rated:
Image source: Getty Images
Betashares Crypto Innovators ETF (ASX: CRYP)
If you are bullish on the long term outlook of cryptocurrencies but don't want to invest in coins then this ASX ETF could be worth considering. It provides investors with easy exposure to the companies building the crypto economy. This includes exchanges like Coinbase (NASDAQ: COIN), as well as miners and blockchain infrastructure providers.
Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)
Another ASX ETF to look at is the Betashares Global Robotics and Artificial Intelligence ETF. This fund gives investors exposure to companies at the forefront of robotics, machine learning, and artificial intelligence innovation. This includes Nvidia (NASDAQ: NVDA) and Intuitive Surgical (NASDAQ: ISRG). As AI matures, the revenue opportunity for many of the fund's holdings could be huge over the coming decade. It was recently named as one to buy by the team at Betashares.
Betashares Australian Quality ETF (ASX: AQLT)
A third option for Aussie investors to consider buying is the Betashares Australian Quality ETF. It is an easy way to own the highest quality ASX shares. These tend to be companies with strong balance sheets, low debt, and stable earnings. In many respects, this is a refined version of the ASX 200 index. It was recently named as one to consider buying by the team at Betashares.
Betashares Diversified All Growth ETF (ASX: DHHF)
For those who prefer an all-in-one growth solution, the Betashares Diversified All Growth ETF could be one to consider. This ASX ETF holds a mix of global and Australian equities, providing exposure to thousands of companies worldwide. The fund is 100% growth-focused and automatically rebalances its holdings. This potentially makes it a great pick for investors who want long-term equity market returns without having to pick and choose funds themselves.
Vanguard MSCI Index International Shares ETF (ASX: VGS)
A final ASX ETF for investors to look at in August is the Vanguard MSCI Index International Shares ETF. This popular fund gives investors access to approximately 1,200 large and mid-cap companies from developed markets. This includes the US, Japan, the UK, and Europe. Overall, it is a low-cost, highly diversified way to invest in the world's most established economies and industries.
