You do not need a huge amount of money to start investing.
With $3,000, it is possible to spread your money across different parts of the global share market using ASX exchange traded funds (ETFs).
With that in mind, here are three ASX ETFs that could be worth buying this month.
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Betashares Nasdaq 100 ETF (ASX: NDQ)
One ASX ETF I would consider buying is the Betashares Nasdaq 100 ETF.
This fund gives investors exposure to 100 of the largest non-financial companies listed on the Nasdaq exchange.
That includes businesses involved in artificial intelligence, cloud computing, semiconductors, software, digital advertising, streaming, ecommerce, and consumer technology.
This means it gives investors access to companies that are shaping how modern businesses and consumers operate.
The fund will likely be volatile at times, especially after strong periods for technology shares. But over the long term, owning a basket of major global growth companies could be a powerful way to put money to work in the share market.
Betashares Asia Technology Tigers ETF (ASX: ASIA)
The Betashares Asia Technology Tigers ETF could also be worth considering.
This fund gives investors exposure to large technology companies in Asia.
That makes it quite different from a Nasdaq-focused ETF. Asia is a major part of the global technology supply chain, with exposure to areas such as semiconductors, memory chips, hardware, ecommerce, gaming, and digital platforms.
It also gives investors a way to look beyond the United States for technology growth.
The fund is higher risk because it is concentrated in one region and one sector. Currency movements, regulation, geopolitics, and market sentiment can all affect returns.
But with a long-term view, a $1,000 investment in this ETF could give investors exposure to some of the companies helping build and serve the digital economy across Asia.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
A final ASX ETF to look at is the Betashares Global Cash Flow Kings ETF.
This fund takes a different approach from the first two. Rather than focusing on one region or one growth theme, it looks for global companies that generate strong free cash flow.
That is the money left over after a business has covered the costs required to operate and invest. Companies with strong free cash flow can have more flexibility to reinvest, pay dividends, buy back shares, reduce debt, or deal with tougher market conditions.
This gives the ETF a quality angle. It could help balance the higher-growth exposure from the Nasdaq and Asian technology funds with businesses that are being selected for financial strength.
It was recently recommended by the team at Betashares.
