August could be a good time to make some additions to your portfolio.
But what if you don't like buying individual stocks?
Well, exchange traded funds (ETFs) could be the answer. They make life easier by allowing you to buy large groups of shares in one go.
With that in mind, here are five ASX ETFs that Australian investors could consider for a balanced portfolio.
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iShares S&P 500 ETF (ASX: IVV)
The iShares S&P 500 ETF could be a strong holding.
It gives investors exposure to 500 of the largest listed companies in the United States, across sectors such as technology, healthcare, financials, consumer goods, industrials, and communications.
The fund is not just a bet on the US economy. Many of the companies in the S&P 500 make money all over the world.
That means investors can access a broad collection of global businesses through one ASX trade.
Betashares Asia Technology Tigers ETF (ASX: ASIA)
The Betashares Asia Technology Tigers ETF offers exposure to technology.
This fund focuses on major Asian technology companies, including businesses linked to semiconductors, hardware, ecommerce, gaming, and digital platforms.
Asia is playing an important role in both building the digital economy and serving large consumer markets.
It is a higher-risk ETF because it is concentrated in one region and one sector, but that focus also gives it strong long-term growth potential.
Betashares Global Robotics and Artificial Intelligence ETF (ASX: RBTZ)
The Betashares Global Robotics and Artificial Intelligence ETF gives investors exposure to companies involved in robotics, automation, artificial intelligence, drones, unmanned vehicles, and related technologies.
This is a fund focused on technology moving into the physical world.
Factories, hospitals, warehouses, farms, and logistics networks are all looking for ways to become more efficient and automated.
That gives this ASX ETF a clear long-term theme, though investors should expect volatility along the way.
Global X FANG+ ETF (ASX: FANG)
The Global X FANG+ ETF is a more concentrated way to gain exposure to global mega-cap technology and growth shares.
The fund holds a small group of major companies that are heavily involved in areas such as artificial intelligence, cloud computing, digital advertising, ecommerce, electric vehicles, social media, and streaming.
This concentration means it can move sharply in both directions.
But it can also give a portfolio targeted exposure to some of the most influential companies in the world.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Finally, the Betashares Global Cash Flow Kings ETF brings a different angle to a portfolio.
It focuses on global companies that generate strong free cash flow.
That can be attractive because cash gives businesses options. They can reinvest, pay dividends, buy back shares, reduce debt, or deal with tougher trading conditions.
As a result, this fund could add quality and financial discipline alongside the more growth-focused ETFs above.
