There are a growing number of exchange traded funds (ETFs) for investors to choose from on the Australian share market.
Three that could be worth getting better acquainted with this weekend are listed below. Here’s what you need to know about them:
BetaShares Global Banks ETFÂ (ASX: BNKS)
The first ETF for investors to look at is BetaShares Global Banks ETF. As its name implies, this ETF gives investors exposure to many of the worldâs largest banks (excluding Australian banks). Due to weakness in the global banking sector, this ETF is down 23% from its high and trading at a 52-week low. This could make it an opportune time to make an investment with a long term view. Among the banks included in the fund are Bank of America, Barclays, Citigroup, HSBC, JPMorgan and Wells Fargo.
iShares Global Consumer Staples ETFÂ (ASX: IXI)
Another ETF for investors to look at is the iShares Global Consumer Staples ETF. This fund provides investors with exposure to large global consumer staples companies. These are companies that produce essential products such as food, tobacco, and household items. Given that demand for this type of products is relatively consistent whatever happens in the economy, this ETF could be a good option in the current environment. Among its holdings are giants such as Coca-Cola, Nestle, PepsiCo, Procter & Gamble, Unilever, and Walmart.
VanEck Vectors Morningstar Wide Moat ETFÂ (ASX: MOAT)
A final ETF for investors to look at is the VanEck Vectors Morningstar Wide Moat ETF. This popular ETF has generated strong returns for investors in recent years thanks to its focus on companies with attractive valuations and sustainable competitive advantages. There are around 50 companies included in the fund with these desirable qualities. These include Gilead Sciences, Kellogg Co, Microsoft, Philip Morris, and Walt Disney.
The post 3 quality ETFs for ASX investors to buy next week appeared first on The Motley Fool Australia.
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More reading
- 2 fantastic international ETFs for ASX investors to buy
- Here are 3 top ETFs for ASX investors to buy now
- Own the BetaShares Global Banks ETF? Here’s what you’re invested in
- 2 ASX growth shares I’d buy right away with $2,000
- 3 high quality ETFs for ASX investors to buy this month
Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Banks ETF – Currency Hedged. The Motley Fool Australia has positions in and has recommended iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended VanEck Vectors Morningstar Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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