With a new month upon us, what better time to look at your portfolio and see if there’s room for a new addition or two.
If youâre a fan of exchange traded funds (ETFs), then listed below are three that could be worth getting better acquainted with.
Here’s what you need to know about these ETFs:
BetaShares Global Cybersecurity ETFÂ (ASX: HACK)
The first ETF to look at is the BetaShares Global Cybersecurity ETF. As its name suggests, this ETF provides investors with exposure to the leaders in the growing global cybersecurity sector. Among the companies youâll be buying a slice of are cybersecurity giants Accenture, Crowdstrike, Okta, and Palo Alto Networks. These companies appear well-positioned for growth over the coming decade thanks to increasing demand for cybersecurity services as more infrastructure shifts to the cloud and cyber attacks increase.
BetaShares NASDAQ 100 ETFÂ (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another ETF for investors to consider in March. This very popular ETF gives investors access to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world such as Amazon, Alphabet, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla. And with the ETF down 14% from its 52-week high, this could make it an opportune time to invest with a long term view.
VanEck Vectors Video Gaming and eSports ETFÂ (ASX: ESPO)
A third and final ETF for ASX investors to look at in March is the VanEck Vectors Video Gaming and eSports ETF. This ETF gives investors access to a portfolio of the largest companies involved in video game development, hardware, and eSports. Among the tech companies that youâll be owning a slice of are Activision Blizzard, AMD, Electronic Arts, Nintendo, Nvidia, Roblox, and Take-Two. These companies all look well-placed to benefit from the increasing popularity of video games and eSports.
The post 3 ETFs for smart ASX investors in March appeared first on The Motley Fool Australia.
Scott Phillips’ ETF picks for building long term wealth…
If you’re an investor looking to harness the sheer compounding power of ETFs, then you’ll need to check out this latest research from 25-year investing veteran Scott Phillips.
He’s painstakingly sorted through hundreds of options and uncovered the small handful he thinks are balanced and diversified. ETFs he thinks investors could aim to hold for years, and potentially build outstanding long term wealth.
Click here to get all the details
*Returns as of February 1 2023
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More reading
- Why Iâm not investing in ASX index ETFs (yet)
- 2 ASX ETFs I’d buy as a beginner investor
- 2 ASX ETFs I’d buy for my child for the long term
- Buy these ETFs for passive income and growth
- 3 top tech ETFs for ASX investors to buy right now
Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended 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.
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