I'm going to highlight three investments I expect big things from over the next three to five years, which I'd happily invest $20,000 in.

Below are two of the ASX's leading growth companies and one compelling exchange-traded fund (ETF).

Temple & Webster Group Ltd (ASX: TPW)

Temple & Webster is one of the leading online retailers in Australia, selling hundreds of thousands of homewares and furniture through its website. A significant portion of the items are shipped straight from the supplier, reducing the need for the company to hold inventory and warehouse space – it creates a capital-light model for the business.

The company is growing rapidly and this is steadily giving it stronger scale benefits. Plus, it's deploying technology and AI throughout its business, which is helping with costs and boosting customer conversion.

During this period of weaker consumer conditions, the ASX growth share is focused on increasing profitability. It expects to approximately double its operating profit (EBITDA) in FY27, even if trading conditions are challenging.

Over the longer-term, I expect rising e-commerce adoption in Australia can help the company increase its market share further. I'm also hopeful that the home improvement segment can continue growing in size and become a significant contributor in the coming years – home improvement revenue rose 46% in HY26 off a small base.

According to the projections on Commsec, the ASX growth share could grow its earnings per share (EPS) by around 160% between FY26 and FY28, with it trading at 32x FY28's estimated earnings at the time of writing.

Global X S&P World Ex Australia GARP ETF (ASX: GARP)

This is an ETF focused on finding quality growing businesses at a reasonable price, with solid financial strength. There are 250 international businesses in this portfolio that demonstrate 'GARP' characteristics – it offers good diversification across countries and sectors.

There are three boxes that stocks need to pick. First, they must demonstrate growth with both sales and earnings. Second, they should be good value on a price to earnings (P/E) ratio basis. Third, they must be quality in terms of low debt levels a high return on equity (ROE).

This high-quality fund has an annual management cost of just 0.3%. Impressively, it has delivered an average return per year of 17.5% since inception in September 2024. Of course, past performance is not a guarantee of future performance.

L1 Group Ltd (ASX: L1G)

Plenty of funds managers go through ups and downs, which can give investors buying opportunities. L1 is a highly respected funds management business with a compelling future with a number of high-performing funds.

Some of its funds like L1 Global Long Short Fund Ltd (ASX: GLS) have a strong track record for delivering returns, which is a very powerful tailwind for growth of funds under management (FUM) and management fees. The great returns also help attract more FUM.

The ASX growth share has highlighted a number of other factors that could help earnings rise in the coming years such as joint ventures, acquiring other fund managers and launching more strategies.

Additionally, the business is working on unlocking synergies from the Platinum acquisition.

According to the projection on Commsec, the ASX growth share is valued at 23x FY27's estimated earnings and is forecast to grow earnings per share (EPS) by 25.5% in FY27.

The post Where I'd invest $20,000 into ASX growth shares right now appeared first on The Motley Fool Australia.

The attractiveness of some investments may have changed in the last few months following the Federal budget. Property investors who buy an established residential property can no longer benefit from negative gearing (the losses are carried forward until the property makes a profit), though buyers of new builds can still make use of negative gearing.

The outlook for sizeable capital gains for residential property looks challenging in the short to medium term.

In my view, there are three areas that still make a lot of sense for investors.

Commercial property

Residential properties may have been impacted, but commercial property looks as attractive as ever to me. Commercial properties are normally positively geared, which is great for investor cash flow.

However, I'm not looking to become a property manager. Instead, I believe that high-quality real estate investment trusts (REITs) are a great option to invest my money because I can buy a stake in a portfolio of properties in a single transaction.

Names like Centuria Industrial REIT (ASX: CIP), Dexus Industria REIT (ASX: DXI), Charter Hall Long WALE REIT (ASX: CLW) and Rural Funds Group (ASX: RFF) offer exposure to quality property portfolios and good distribution yields. As a bonus, they are all trading at large discounts to their last reported net tangible assets (NTA).

High-quality exchange-traded funds

Another area that I think is well worth investing in is exchange-traded funds (ETFs) and listed investment companies (LICs) because of the diversification and returns they can provide over the long-term.

I'd rather invest in international shares than local shares because I'm not sure that ASX blue-chip shares are going to grow earnings materially in the near-term. Major ASX bank shares face headwinds from the property taxation changes, as well as a challenge from Macquarie Group Ltd (ASX: MQG), while African iron ore from new projects could be a headwind for earnings from BHP Group Ltd (ASX: BHP) and Fortescue Ltd (ASX: FMG).

In my view, something like the Vanguard MSCI Index International Shares ETF (ASX: VGS) makes a lot of sense because it provides exposure to well over 1,000 shares from the global share market.

But, given the uncertainty of how various intriguing investment trends will play out – AI, data centres, private credit, the lack of fuel and other resources flowing out of the Middle East, and inflation – I think high-quality businesses are best-suited to these conditions.

Over the long-term, I believe ideas such as VanEck MSCI International Quality ETF (ASX: QUAL) and Betashares Global Quality Leaders ETF (ASX: QLTY) can outperform the wider global share market, so that could be a great place to invest my money.

ASX shares that can grow earnings

The final place that could be a good area to invest is good ASX shares with solid earnings growth potential.

There are plenty of businesses that could deliver pleasing returns over the long-term as they grow their earnings. The ASX is more than just the largest businesses.

I'm thinking of names like Temple & Webster Group Ltd (ASX: TPW), Breville Group Ltd (ASX: BRG), Sigma Healthcare Ltd (ASX: SIG), TechnologyOne Ltd (ASX: TNE), Siteminder Ltd (ASX: SDR), L1 Group Ltd (ASX: L1G), Lovisa Holdings Ltd (ASX: LOV), Wesfarmers Ltd (ASX: WES) and Washington H. Soul Pattinson and Co. Ltd (ASX: SOL).

These aren't the only names I'd buy to invest my money for my portfolio, there are plenty of exciting options!

The post How should I invest my money in FY27? appeared first on The Motley Fool Australia.

The power of compounding should never be underestimated. When left to compound for a decade, an investment can grow significantly.

We're going to look at two investments I think could deliver seriously impressive returns from their current valuations.

Let's get into these two share options on the ASX.

L1 Group Ltd (ASX: L1G)

L1 Group is a leading fund manager offering a range of high-performing strategies for investors to take advantage of. The listed investment company (LIC) L1 Global Long Short Fund Ltd (ASX: GLS) is one of the newest additions to L1 Group's stable of offerings.

It adopts strategies that allow investors to invest in areas such as ASX shares, international shares, global shares and so on.

L1 Group has a good track record of investment performance, which helps push up the funds under management (FUM) organically, helping increase management fees, performance fees and overall profitability.

In the coming years, I expect L1 Group to launch new funds, potentially take over other fund managers (as it did with Platinum), and pursue partnership strategies.

According to the projection on CMC Invest, the business is trading at around 22x FY27's estimated earnings, with a possible 29% growth of earnings per share (EPS) in FY28. In my view, this makes the ASX share very reasonable value.

Betashares Global Quality Leaders ETF (ASX: QLTY)

One of the best places to invest for the next decade, in my opinion, is high-quality international shares.

This exchange-traded fund (ETF) is all about giving investors access to great businesses that tick a number of boxes.

There are four elements that a business must have to count as a global quality leader.

First, it should have a high return on equity (ROE). That means the companies make a good level of profit for the amount of shareholder money retained within the business. It could also suggest a good return on future additional retained profit.

Second, these companies should have a low debt-to-capital ratio. A low debt level is a good sign of financial health.

Third, these businesses rank highly on cash flow generation ability.

Finally, they should have stable earnings. In other words, it's rare for profit to go backwards. If profit rarely declines, that suggests profit is usually rising – a great tailwind for share price growth.

With a portfolio of 150 (non-ASX share) names, it can give investors diversification and generate good returns. Since inception in November 2018, the QLTY ETF portfolio has returned an average of 13.25% per year. That's a solid level of compounding, in my opinion.

The post 2 top ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

At the time of writing, in the last 12 months, Nvidia shares have gone up by 47%, while the L1 Group share price has jumped by 108%.

Why has the ASX stock risen so much?

I believe a significant portion of the return can be put down to the acquisition of/merger with Platinum Asset Management. Investors are much more excited about the outlook of the business under L1's management than Platinum.

L1 has an impressive track record, delivering outperformance with its ASX shares, global shares and gold shares strategies, with each of those significantly outperforming the S&P/ASX 200 Index (ASX: XJO) since the inception of those respective strategies.

Having a good investment performance as a fund manager is integral for a couple of key reasons. Firstly, it organically helps a fund manager grow their funds under management (FUM) – an essential driver of revenue and earnings.

Additionally, great fund performance can help attract new FUM inflows, further boosting the ASX stock's FUM.

One of the latest moves by the business was to launch the listed investment company (LIC) L1 Gold Fund (ASX: LGF), which raised $950 million and started trading on the ASX in April. This helps lock in more funds within a closed structure, as opposed to exchange-traded funds (ETFs) which are open-ended where it's easy for clients to permanently remove FUM from a fund manager. Shares of LICs are sold from one investor to another – the FUM still exists.

Out of L1 Group shares or Nvidia shares, I think I'd prefer the funds management business.

Excellent outlook

Nvidia is certainly a great business, operating at the pinnacle of one of the strongest growth areas of the global economy right now.

But, it's worth asking how much more demand can continue increasing from where it is today and what the price/earnings (P/E) ratio is implying.

L1 Group points to a number of appealing growth areas including growth of existing funds through performance and flows, extension of strategies from the existing investment team (such as L1 Global Long Short Fund Ltd (ASX: GLS) ), joint ventures and potentially further acquisitions of existing fund managers.

Further growth of the ASX stock's profit could be boosted following the integration of Platinum and the synergies that's expected to deliver.

According to the forecast on Commsec, the ASX stock is valued at less than 20x FY27's estimated earnings, with FY27 profit projected to rise by approximately 25% year-over-year compared to the forecast for FY26.

The post Meet the $1 ASX stock that's obliterated Nvidia in the last 12 months appeared first on The Motley Fool Australia.

Fuel prices have soared in the last few weeks, but the company had hedged its fuel costs, minimising that specific element. But, it is more exposed to the jet refining margin, which jumped from US$20 per barrel to a peak of around of US$120 per barrel.

Time will tell what happens with fuel prices and travel demand in the coming weeks.

We're going to look at what experts from L1 Group Ltd (ASX: L1G) think of the business in the current climate.

Expert views on the Qantas share price

In recent market commentary, L1 noted that ASX travel shares fell sharply in March because of higher oil prices and fears of a reduction in global travel demand.

But, L1 said that company-specific fundamentals remain attractive, with travel demand outside of the Middle East appearing resilient. The fund manager said that fuel hedging provides some short-term cost protection.

L1 noted that Qantas has responded to the volatility with a recovery through higher ticket prices and select trimming of capacity where appropriate. The fund manager said that travel demand has remained resilience so far.

Putting the Middle East conflict aside for a moment, L1 also noted that the RBA's review of card payment costs and charges have created a modest overhang for the loyalty business, with key changes being the removal of card surcharges and the reduction in the interchange fee cap on domestic credit cards.

L1 said that investors have focused on softer trends in select international markets.

The investment team at L1 Group concluded their thoughts on the Qantas share price with the following:

            All up, the [Qantas] share price declines appear to reflect nearer-term earnings volatility rather than any deterioration in the group's underlying competitive position.

Final thoughts on the market

L1 gave some of the following commentary on the stock market, which I think many investors could benefit from:

Moments of heightened uncertainty in markets have historically created some of the best investment opportunities for the Fund. Accordingly, we have been using this period of elevated volatility to identify high quality companies that are now trading far below fair value, even assuming a less favourable macro outlook.

These changes include adding to our positions in gold, construction materials, travel-related stocks and copper, while trimming exposure to some of our energy and infrastructure names which have outperformed.

…While periods of elevated market volatility can be unnerving in the short-term, they provide outstanding medium-term opportunities to invest in great companies at exceptional prices.

Overall, L1 seems to think the Qantas share price can fly again.

The post Is the Qantas share price a buy? Here's an expert's view appeared first on The Motley Fool Australia.

Compounding is powerful because it means the numbers can deliver growth on growth as the years go by. After several years, the business could be generating dramatically bigger revenue and earnings.

The two ASX share below have significant growth plans, and I'm excited by what they could achieve.

L1 Group Ltd (ASX: L1G)

L1 Group describes itself as an alternative investment manager that is "committed to providing best-in-class investment products that deliver exceptional risk-adjusted returns" for investors.

Two of its most well-known investment products are listed investment companies (LICs) which provide L1 Group with locked-in funds under management (FUM). Those LICs are L1 Long Short Fund Ltd (ASX: LSF) and L1 Global Long Short Fund Ltd (ASX: GLS).

I'm expecting the ASX share to generate revenue growth due to attracting new FUM into existing strategies, launching new funds and delivering investment growth with its existing funds.

Fund managers can be very scalable because it doesn't take 10% more staff and a 10% bigger office to manage 10% more FUM. Therefore, I'm expecting profit margins to increase.

L1 notes that its client base is extremely diversified, with 91% of revenue coming from non-institutional clients, which I think makes it less vulnerable if short-term fund performance were disappointing.

The fund manager has also talked about launching joint ventures and acquiring existing investment managers, which add further growth potential.

According to the projection on Commsec, the L1 Group share price is valued at 20x FY27's estimated earnings.

Sigma Healthcare Ltd (ASX: SIG)

Sigma is best known as the owner of pharmacy giant Chemist Warehouse, which is growing rapidly and has international ambitions.

In the FY26 first-half, Australian Chemist Warehouse-branded store sales grew 17.2%, with like-for-like sales growth of 15%. This shows that the business is delivering excellent levels of organic growth considering it's a physical store retailer.

Chemist Warehouse is growing its own brands (including Wagner) and expanding its Australian store network, which are pleasing tailwinds for the business in its core markets, which could help it deliver profit improvement for many years ahead.

Internationally, the ASX share is expanding in New Zealand and Ireland at a fast pace. In the first half of FY26, it opened 12 new stores and expects to open another 11 in the second half of FY26. In HY26, Ireland sales rose 49.6% and New Zealand sales increased 22.4%.

I'm not sure what its local and global store network will look like in 10 years from now, but I'm optimistic it will be significantly larger.

According to the projection on Commsec, the Sigma share price is valued at 33x FY28's estimated earnings.

The post 2 top ASX shares to buy and hold for the next decade appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is down 4.5% to $4.30. This may have been driven by profit taking from some investors after the rare earths developer's shares raced higher on Wednesday. Investors were buying Brazilian Rare Earths shares after it revealed that it has secured a Trial Mining Licence from Brazil's National Mining Agency for its Monte Alto project in Bahia. This allows for the extraction of up to 2,000 tonnes per annum of material from the deposit. The company's managing director and CEO, Bernardo da Veiga, said: "Securing the Trial Mining Licence is a significant milestone for Monte Alto and a major step forward in BRE's integrated ore-to-oxides development pathway in Brazil."

L1 Group Ltd (ASX: L1G)

The L1 Group share price is down 5.5% to $1.00. This morning, the fund manager previously known as Platinum Asset Management, revealed that it is launching a new investment company that is expected to be listed on the Australian share market next month. The L1 Gold Fund aims to deliver positive absolute returns for shareholders over the medium to long term through investment in domestic and international gold sector securities, as well as a secondary allocation in the other precious metals sector.

Silver Mines Ltd (ASX: SVL)

The Silver Mines share price is down 4.5% to 16.7 cents. This appears to have been driven by another pullback in the silver price overnight. This is down approximately 38% from the high it reached in January. A stronger US dollar and inflation concerns have been weighing on both the silver and gold price this month.

Xero Ltd (ASX: XRO)

The Xero share price is down 3% to $72.59. This is despite there being no news out of the cloud accounting platform provider on Thursday. However, it is worth highlighting that most ASX tech stocks are falling today, reversing some of the strong gains they made on Wednesday. This has seen the S&P/ASX All Technology Index tumble 1.8% at the time of writing.

The post Why Brazilian Rare Earths, L1 Group, Silver Mines, and Xero shares are dropping today appeared first on The Motley Fool Australia.

We can't say what will happen in the next few weeks. But, I think the experience after 2020 and 2022 shows that the market is probably looking for good news to recover.

With US President Trump indicating he's keen to make a deal with Iran, this could be a great time to invest in the following businesses.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle is invested in a portfolio of funds management businesses that generally have a long track record of delivering stronger returns than their benchmarks.

It's understandable that a fall in share markets has led to a 14% drop in the Pinnacle share price over the past month, given the likely painful impact on funds under management (FUM).

But, due to the cyclical nature of the share market volatility, I believe there will be a recovery down the line.

Plus, Pinnacle's affiliates have collectively experienced billions of dollars in net inflows each financial year, which is a strong tailwind for longer-term FUM growth, even if FY26 earnings are impacted. I'm hopeful the company will add to its affiliate portfolio over the coming years.

I think this sell-off is an opportune time to invest in this ASX share, given market confidence is low.

Using the forecast on Commsec, the Pinnacle share price is valued at 20x FY26's estimated earnings.

Sigma Healthcare Ltd (ASX: SIG)

Australia's growing and ageing population is a strong tailwind for businesses involved in the healthcare industry.

Sigma is the owner of Chemist Warehouse, Australia's leading chemist business, along with other companies in the chemist industry.

Impressively, Chemist Warehouse is seeing network sales growth in the mid-teens, while its international sales are growing even faster.

The business is generating strong same-store sales growth, while also expanding its store network in Australia, New Zealand and Ireland.

Growing scale can help improve the company's profit margins, as we're seeing in its financials. In HY26, it reported revenue growth of 14.9%, normalised operating profit (EBIT) growth of 18.7% to $582.9 million, and normalised net profit growth of 19.2% to $392 million.

It's a great sign when each profit line is rising faster than the one before it. Investors usually value a business based on its net profit, so Sigma is demonstrating pleasing characteristics.  

I think the business is capable of adding dozens of new Chemist Warehouses to its global network in the coming years, which should be a strong tailwind for shareholder returns.

According to Commsec, the Sigma Healthcare share price is valued at 42x FY26's estimated earnings.

L1 Group Ltd (ASX: L1G)

This is a fund manager that offers a range of investment strategies that have performed strongly for investors across ASX shares, international shares, gold, and more.

After taking over Platinum, the business has hit the ground running on the ASX. It's planning to list a gold-listed investment company (LIC) soon, and its other LICs' performances have been excellent in recent times (though past performance is not a guarantee of future performance).

In the FY26 half-year result, the company reported underlying revenue growth of 23% to $145.1 million, underlying operating profit (EBITDA) growth of 61% to $94.9 million and underlying net profit after tax (NPAT) growth of 63% to $66.3 million.

I'm a fan of how L1 invests in its funds with a contrarian mindset and a focus on businesses with lower price-to-earnings (P/E) ratios.

I expect the business will launch additional funds over time, while organic investment performance can help FUM grow naturally as well.

I think this investment outfit is one of the most impressive in Australia and is worth owning for the long term.

The post 3 ASX shares to buy for magnificent long-term growth! appeared first on The Motley Fool Australia.

It's not often that share prices go through a decline of 10% or more. Widespread selling is painful as a shareholder but there are lower valuations (almost) across the board for brave prospective investors.

Sell-offs give us the chance to search across the S&P/ASX 300 Index (ASX: XKO) (or smaller) to find beaten-up opportunities which could then bounce back when market confidence returns.

Assuming the investment still has a positive long-term outlook, a large decline is a great opportunity to see big returns if/when there's a recovery.

For example, if a share price drops by 50%, then returning to the previous position would be a return of 100%! Of course, it's not as easy as that to find the right opportunities. I'd only go for investments I believe can deliver higher earnings in three years from now.

Where I'm seeing exciting ASX share opportunities

In my view, there are multiple areas where the market is being too bearish on certain ASX shares.

The ASX tech share (and tech-related) space is awash with names that have been hit by AI worries, then hit again by the prospect of inflation and higher interest rates. I'm thinking of names like Siteminder Ltd (ASX: SDR), TechnologyOne Ltd (ASX: TNE), Xero Ltd (ASX: XRO), REA Group Ltd (ASX: REA) and Pro Medicus Ltd (ASX: PME).

Businesses in the funds management space are certainly feeling the pain of lower share markets, as well as a hit to market confidence. I think the businesses of Pinnacle Investment Management Group Ltd (ASX: PNI), L1 Group Ltd (ASX: L1G) and Australian Ethical Investment Ltd (ASX: AEF) are very compelling options right now.

The ASX retail share space is appealing as well because market confidence in them can be cyclical. I think growing retail businesses could be particularly good long-term investments during this period, such as Temple & Webster Group Ltd (ASX: TPW), Lovisa Holdings Ltd (ASX: LOV), Universal Store Holdings Ltd (ASX: UNI) and Nick Scali Ltd (ASX: NCK).

Finally, I want to highlight some other ASX growth shares that have been caught up in the sell-off but could be generate significantly higher profit in three to five years. I'm attracted to Breville Group Ltd (ASX: BRG), Sigma Healthcare Ltd (ASX: SIG), Tuas Ltd (ASX: TUA) and Guzman Y Gomez Ltd (ASX: GYG).

The post Why buying ASX shares in March could supercharge your wealth appeared first on The Motley Fool Australia.

L1 Long Short Fund Ltd is a listed investment company (LIC) that is managed by the fund manager L1 Group Ltd (ASX: L1G). LICs generate accounting profits for their financials by making investment returns from a portfolio of shares.

L1 Long Short Fund invests in both ASX shares and international shares, while utilising both long-term investing and short-selling strategies. Short-selling means betting that a share price will go down.

Using that strategy, the ASX dividend stalwart is able to generate returns regardless of whether the market is going up or down.

Excellent investment returns

Past returns are not a guarantee of future returns, of course. But, at the same time, an investment manager with a history of strong outperformance is worth paying attention to.

I'd describe L1 Long Short Fund as being a contrarian investor with a willingness to invest in businesses with a lower price/earnings (P/E) ratios accompanied by confidence of solid earnings growth.

As of January 2026, the sectors that had delivered the most returns using this investment strategy were (in order of biggest returns): ASX mining shares, then industrials, communication services, utilities and financials. Considering the recent performance of many tech names, it's probably a good thing the LIC has largely avoided long-term investing in the technology sector.

Giving its latest view on the ASX share market and global stock market, L1 wrote in the January 2026 update:

We believe the Australian equity index is relatively fully valued, with several large cap stocks, particularly within the ASX20, trading well above historical multiples and global peers. Encouragingly, we are continuing to find numerous undervalued stocks, where we see a far more compelling combination of strong earnings growth, shareholder-friendly management, conservative balance sheets and significant valuation support.

We continue to believe that infrastructure, gold, U.S. cyclicals, uranium and 'quality value' stocks provide some of the best opportunities globally. Given the enormous outperformance of high P/E stocks in recent years and over the past decade, we are finding more compelling opportunities in 'Value' stocks. We believe low P/E stocks will strongly outperform high P/E stocks (in general) over the coming 1-2 years, which the portfolio is well positioned to benefit from.

I like getting exposure to a range of investments to generate my investment returns, and I like that this ASX dividend stalwart looks at a variety of sectors that may not necessarily be my own preferred hunting ground.

Since inception in April 2018 to January 2026, the LIC's portfolio delivered an average return per year of 15.1%. Over the seven years to January 2026, it returned an average of 21.5%. I'm not expecting the returns to be that strong in the years ahead, but it shows how well the LIC has been able to perform.

These returns have funded pleasing dividends.

ASX dividend stalwart credentials

It has increased its half-year dividend per share each year since FY21 and it's aiming to increase its dividend each year for investors. It has already built up a large accounting profit reserve that can fund rising dividends for years to come.

The business recently switched to paying quarterly dividends to investors, providing more frequent cash flow for bank accounts.

Its combined FY26 first quarter and second quarter dividend (totalling 7.1 cents per share) is 13.6% higher than the FY25 first-half dividend. If the business continues increasing its FY26 quarterly dividend by 0.1 cents per share in the next two quarters, its FY26 annual payout will be 14.6 cents per share, translating into a grossed-up dividend yield of 4.7%, including franking credits.

That's not a huge starting dividend yield, but I think the payout will progressively grow from here, making it a very appealing ASX dividend stalwart for the long-term.

The post An ASX dividend stalwart every Australian should consider buying appeared first on The Motley Fool Australia.

However, I can make exceptions. And I am seriously considering making one when it comes to the L1 Global Llog Short Fund Ltd (ASX: GLS).

The L1 Global Long Short Fund is a listed investment company (LIC) that has quite an interesting history. In fact, not too long ago, it had a different name and a different manager. Yep, the L1 Global Fund was formerly known as Platinum Capital Ltd. However, the manager of this LIC had been struggling for a number of years, and decided to accept a takeover offer from L1 Group Ltd (ASX: L1G). Upon the completion of this takeover, the L1 Global Long Short Fund was born.

L1 was already famous for its L1 Long Short Fund (ASX: LSF) LIC, which, despite a rocky start, has gone on to become one of the ASX's best-performing managed investments. That fund has an ASX-focused mandate, though. L1 wanted to build a fund that was unconstrained in its scope, and we have it here on the ASX today with the L1 Global Log Short Fund.

Like its locally-focused Long Short Fund, the L1 Global Fund employs both traditional 'long' investing alongside short-selling in order to make returns. This makes it quite unique on the ASX, which only has a handful of funds that employ both strategies. Whilst risky, using both can enable this LIC to profit in both bull and bear markets.

Is this ASX share a no-brainer buy in 2026?

Now, the L1 Global Long Short Fundhas several traits that would normally put me off buying it. For one, it uses short-selling, which is a tactic I don't usually like to see in my investments. For another, it charges a steep management fee of 1.44% per annum (plus a performance fee).

However, I can't ignore the numbers. As we covered a few months ago, L1's team trialled the strategy that it now uses for the Global Long Short Fund. This trial saw L1 record a return of 67.5% between January and October. Since the start of October, this LIC has risen by almost 35%.

If this breakneck performance can be maintained over a number of years and all economic and market cycles, it could mean L1 Global Long Short Fund is one of the best shares on the ASX.

So I'll be keeping a close eye on this investment. If management keeps making the right calls, I might have to buy some shares of my own.

The post This ASX share is up 40% in 6 months and I want to buy it appeared first on The Motley Fool Australia.

The three businesses I'm about to highlight have risen strongly in the last 12 months, and I'm expecting these companies to deliver more earnings growth in the coming years. I already own one, and I wouldn't be surprised if another of them enters my portfolio this year.

L1 Group Ltd (ASX: L1G)

L1 Group is a fund manager that offers various investment strategies, with multiple funds offering short selling as part of the investment strategy.

The business recently joined the ASX boards by acquiring Platinum, and now investors can get a piece of this growing business.

The ASX share's assets under management (AUM) grew by approximately $700 million over the three months to December 2025. This was driven by positive investment returns and strong L1 Global Long Short Fund Ltd (ASX: GLS) inflows after a capital raising, partially offset by Platinum legacy outflows predominantly from the Platinum International Fund.

I expect these trends to continue in the coming years, with strong investment performance and further net inflows.

Life360 Inc (ASX: 360)

This is a software business that enables families to stay connected and know they're safe. Its offerings include location sharing, safe driver reports, and crash detection with emergency dispatch. It also has an offering for pet tracking.

As the world becomes increasingly digital and risks become highlighted and amplified by technology, Life360 can provide reassurance.

The ASX share has more than 50 million monthly active users (MAU) in the US, making it one of the top technology apps in the country. The company also said that it provides advertisers with a "powerful way to reach families with high intent in real-world moments when decisions are made, from a quick trip to the grocery store to a top at a local coffee shop".

It's also seeing strong growth in places like Australia and other international locations. As a technology business, it has pleasing operating leverage, giving it a good outlook for profit and cash flow growth in the coming years.

Tuas Ltd (ASX: TUA)

Tuas is one of the most promising non-tech companies on the ASX, in my view.

The business offers telecommunication services in Singapore, with a focus on mobile users, though it also has a small (but growing) broadband segment. Its aim to provide value for customers is drawing many thousands of new customers each year.

Tuas has seen its mobile subscriber base reach 1.34 million as of the first quarter of FY26, helping increase its scale and grow its profitability. It's growing at a double-digit rate in percentage terms.

The ASX share is about to become much more profitable if and when the M1 acquisition (a competitor) goes through.

It could be a particularly good investment if it successfully expands into other markets.

The post 3 unstoppable ASX shares to buy with $3,000 appeared first on The Motley Fool Australia.