3 ASX 200 shares I'd trust if I couldn't check my portfolio for a year

If I had to step away from my portfolio for a year, I'd focus on businesses with predictable demand and proven execution.

| More on:
Woman with a scared look has hands on her face.

Image source: Getty Images

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

If I knew I wouldn't be able to check my portfolio for the next 12 months, I wouldn't want to own anything that required close monitoring or perfect timing.

In that situation, I would focus on businesses with competitive advantages, predictable demand, and management teams that have already proven they can navigate different conditions without constant intervention.

These are three ASX 200 shares I'd be comfortable owning if I had to step away for a year and let the businesses do the work.

Wesfarmers Ltd (ASX: WES)

Wesfarmers is a stock I trust due to its diversified business.

Through brands like Bunnings, Kmart, Officeworks, WesCEF, and its growing healthcare exposure, Wesfarmers generates cash from multiple sources rather than relying on a single driver. That diversification helps smooth performance when individual segments face pressure.

Just as importantly, management has a strong track record of disciplined capital allocation. The company has shown it is willing to invest when returns make sense, exit when they do not, and maintain balance sheet strength throughout.

If I could not check my portfolio for a year, I would want a business like Wesfarmers quietly compounding in the background.

CSL Ltd (ASX: CSL)

CSL earns its place on this list through the essential nature of its products.

The company operates in global plasma therapies and vaccines, areas where demand is driven by medical need rather than economic conditions. That makes its earnings more resilient than those of many cyclical businesses.

CSL also benefits from scale, deep expertise, and long-term investment in research and development. These factors create high barriers to entry and support sustainable returns over time.

Healthcare stocks are rarely free from short-term noise, but if I had to look away for a year, CSL is exactly the kind of business I would trust to keep executing.

Transurban Group (ASX: TCL)

Transurban appeals to me for its predictability.

This ASX 200 share owns and operates toll roads in major cities where population growth, congestion, and commuting patterns are long-term realities. People may complain about tolls, but they continue to use the roads.

Revenue is supported by long-term concessions and, in many cases, inflation-linked pricing. That provides visibility around cash flows and supports ongoing distributions to investors.

While large infrastructure projects take time to develop, Transurban's existing asset base does most of the heavy lifting. That makes it a business I am comfortable owning without needing to track daily developments.

Foolish Takeaway

If I couldn't check my portfolio for a year, my priority would be peace of mind.

Wesfarmers, CSL, and Transurban operate in very different parts of the economy, but they share important qualities. They provide essential goods or services, generate reliable cash flows, and are run by management teams with long-term track records.

For me, those are exactly the kinds of ASX 200 shares worth trusting when the best move is simply to stay invested and let time do its work.

Motley Fool contributor Grace Alvino has positions in CSL, Transurban Group, and Wesfarmers. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended CSL, Transurban Group, and Wesfarmers. The Motley Fool Australia has positions in and has recommended Transurban Group. The Motley Fool Australia has recommended CSL and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

More on Defensive Shares

A smartly-dressed businesswoman walks outside while making a trade on her mobile phone.
Defensive Shares

5 reasons to hold Telstra shares until 2030

Telstra isn’t exciting, but for income and resilience, that may be exactly the point.

Read more »

A person holds their hands over three piggy banks, protecting and shielding their money and investments.
Defensive Shares

Expecting a down year for the ASX? Here's 3 ASX defensive shares to target

How could emerging global conflict impact the ASX?

Read more »

A mother helping her son use a laptop at the family dining table.
Defensive Shares

Safe Australian shares to buy now and hold through market volatility

When markets turn volatile, these are the Australian shares I’d feel comfortable buying and holding for stability.

Read more »

A woman holds out a handful of Australian dollars.
Defensive Shares

Why Wesfarmers shares are a retiree's dream

Wesfarmers is a great long-term pick for a variety of reasons.

Read more »

A young boy reaches up to touch the raindrops on his umbrella, as the sun comes out in the sky behind him.
Defensive Shares

2 safe Australian stocks to buy now with $4,000

These two businesses are delivering defensive and growing earnings.

Read more »

Concept image of man holding up a falling arrow with a shield.
Defensive Shares

Why I'd buy these defensive ASX 200 shares with $10,000

These defensive S&P/ASX 200 Index (ASX: XJO) shares are very appealing to me. I’d very happily put $10,000 into these…

Read more »

Different Australian dollar notes in the palm of two hands, symbolising dividends.
Defensive Shares

2 safer Australian stocks to buy now with $7,000

These businesses have very appealing payouts.

Read more »

Concept image of man holding up a falling arrow with a shield.
Defensive Shares

Overinvested in Woolworths shares? Here are two alternative ASX defensive stocks I prefer

Food retailing is a resilient industry. But it’s not the only sector to like.

Read more »