If you are new to investing and have $1,000 ready to put to work this April, exchange traded funds (ETFs) can be a practical way to get started.
They allow you to access a wide range of companies through a single investment, which can help reduce risk while still giving you exposure to long-term growth. The key is choosing funds that complement each other and cover different parts of the market.
Here are three ASX ETFs that could be worth considering.
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BetaShares Nasdaq 100 ETF (ASX: NDQ)
The first ASX ETF to consider is the BetaShares Nasdaq 100 ETF.
This fund is heavily tilted towards companies shaping the future of technology and innovation. But rather than thinking of it as just a tech ETF, it can be useful to view it as exposure to the businesses building the digital world we interact with every day.
Its holdings include companies like Apple (NASDAQ: AAPL), Amazon.com (NASDAQ: AMZN), and NVIDIA (NASDAQ: NVDA).
NVIDIA is a great example. It designs chips that power everything from gaming to artificial intelligence, making it a key enabler of modern computing.
For beginners, the BetaShares Nasdaq 100 ETF offers exposure to companies that are not only large but deeply embedded in global trends.
VanEck Morningstar Wide Moat ETF (ASX: MOAT)
Another ASX ETF that could be a smart pick is the VanEck Morningstar Wide Moat ETF.
Instead of focusing on a particular sector, this ETF selects companies with sustainable competitive advantages, often referred to as economic moats.
Think of it as investing in businesses that are difficult to disrupt. These might be companies with strong brands, cost advantages, or unique intellectual property.
Current holdings include companies such as Nike (NYSE: NKE), Airbnb (NASDAQ: ABNB), and Fortinet (NASDAQ: FTNT).
Airbnb is a good example. Its platform connects millions of hosts and travellers globally, creating a network effect that is difficult for competitors to replicate.
This ETF is less about chasing trends and more about backing resilience.
BetaShares Global Quality Leaders ETF (ASX: QLTY)
A third ASX ETF to consider is the BetaShares Global Quality Leaders ETF.
This fund focuses on companies with strong financial characteristics such as high returns on equity, low debt levels, and consistent earnings growth.
Rather than simply being big, these businesses tend to be efficient and well-managed.
Its holdings include companies like Visa (NYSE: V), Johnson & Johnson (NYSE: JNJ), and Costco Wholesale Corporation (NASDAQ: COST).
Visa is a standout. It operates a global payments network that benefits from every transaction made using its system, without taking on the credit risk itself.
For beginners, the BetaShares Global Quality Leaders ETF provides exposure to companies that combine stability with growth, which can be a powerful mix over time. This fund was recently recommended by analysts at Betashares.
