Well, June is here, and so too is winter, and possible moons and Ferris wheels. Musical imagery aside, I always think the turning of a new month and season is a great chance to scour the markets for a fresh look at potential ASX shares to buy.
It has been a rollercoaster of a year for the markets so far in 2026, with the S&P/ASX 200 Index (ASX: XJO) going as high as 9,200 points and as low as 8,282 points over the past five months or so. That's a difference worth almost 10%. And we've still got nearly 7 months of 2026 left.
This volatility might be prompting some investors to hope for a steadier market. I can't promise that, but I can tell you which ASX shares I think are looking compelling for long-term investors this June amid these uncertain times.
Image source: Getty Images
2 ASX shares to buy this June
Washington H. Soul Pattinson and Co Ltd (ASX: SOL)
First up, Washington H. Soul Pattinson and Co, or Soul Patts, as it is more easily known, is an investing house with more than a century of ASX history. Over its long life, this company has managed a diversified portfolio of underlying investments on behalf of its shareholders. This portfolio contains a range of assets, including private equity, stakes in ASX-listed shares, property, and private credit investments, among others.
Soul Patts has the runs on the board to prove it knows what it is doing here. As I've covered previously, this company has comfortably delivered market-crushing returns over the past 25 years. Further, it has the best dividend streak on the ASX (no exaggeration), having given its shareholders an annual pay rise every year since 1998, with no interruptions.
You could do far worse than buying this quality ASX share in June.
MFF Capital Investments Ltd (ASX: MFF)
Next up, we have MFF Capital Investments. MFF is a listed investment company (LIC), meaning, similarly to Soul Patts, it manages an underlying portfolio on behalf of its shareholders. In MFF's case, this portfolio consists almost entirely of US stocks. These stocks are selected through a value-investing lens, with MFF only looking for the highest-quality compounders trading at prices that make sense. Some of its largest and longest-held positions include Alphabet, Amazon, Visa, American Express, and Mastercard.
MFF also has a formidable dividend policy. It has been growing its annual dividends with a vengeance in recent years. To illustrate, MFF shareholders received an annual dividend of 2 cents per share in 2017, but 17 cents per share in 2025. The company is on track to increase that to 21 cents per share in 2026. These dividends typically come fully franked, too.
MFF shares recently traded on a yield of just under 3.8%. That, together with its quality holdings and long-term outlook, makes MFF another top pick for a June ASX share buy. At least in my view.
