2 excellent ETFs for ASX investors in August

A man leans forward over his phone in his hands with a satisfied smirk on his face although he has just learned something pleasing or received some satisfying news.

A man leans forward over his phone in his hands with a satisfied smirk on his face although he has just learned something pleasing or received some satisfying news.

If you’re looking for an easy way to invest your hard-earned money, then exchange traded funds (ETFs) could be worth considering.

That’s because rather than deciding on which individual shares you should put your money into, ETFs allow you to invest in a large group of shares via a single investment.

If that sounds appealing to you, then you might want to take a look at the two ETFs listed below that could be top options in August:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ETF for investors to consider in August is the BetaShares Global Cybersecurity ETF. This fund provides investors with exposure to the leaders in the global cybersecurity sector, which is heavily under-represented on the ASX.

It could be a top long term option because the sector is forecast to grow materially in the future due to the increasing importance of cybersecurity and rising cyber attacks. Among the companies in the fund are cybersecurity giants Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.

In respect to CrowdStrike, it provides the increasingly popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ETF to consider in August is the VanEck Vectors Video Gaming and eSports ETF. As its name implies, this ETF gives investors access to a portfolio of the biggest and best companies involved in video game development, hardware, and esports.

Among its major holdings are graphics processing units giant Nvidia and games developers Take-Two Interactive (GTA and Red Dead series), Electronic Arts (FIFA, Sims, Apex Legends), Activision Blizzard (Call of Duty series), and Roblox Corp (the company behind the hugely popular Roblox global platform).

VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports. Another positive is that it gives investors the opportunity to diversify their portfolio by providing quality tech options outside FAANG stocks such as Apple, Amazon, and Meta (Facebook).

The post 2 excellent ETFs for ASX investors in August appeared first on The Motley Fool Australia.

Wondering where you should invest $1,000 right now?

When investing expert Scott Phillips has a stock tip, it can pay to listen. After all, the flagship Motley Fool Share Advisor newsletter he has run for over ten years has provided thousands of paying members with stock picks that have doubled, tripled or even more.* Scott just revealed what he believes could be the “five best ASX stocks” for investors to buy right now. These stocks are trading at near dirt-cheap prices and Scott thinks they could be great buys right now

See The 5 Stocks
*Returns as of July 7 2022

(function() {
function setButtonColorDefaults(param, property, defaultValue) {
if( !param || !param.includes(‘#’)) {
var button = document.getElementsByClassName(“pitch-snippet”)[0].getElementsByClassName(“pitch-button”)[0];
button.style[property] = defaultValue;
}
}

setButtonColorDefaults(“#43B02A”, ‘background’, ‘#5FA85D’);
setButtonColorDefaults(“#43B02A”, ‘border-color’, ‘#43A24A’);
setButtonColorDefaults(“#fff”, ‘color’, ‘#fff’);
})()

More reading

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 BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/zr2b1pB

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s