Expert names the ETFs to buy this month

If you are looking for some exchange traded funds (ETFs) to buy this month, then it could be worth checking out the ones listed below.

These ETFs have recently been recommended by Betashares’ chief economist, David Bassanese, as great options in the current uncertain economic environment. They are as follows:

Global Healthcare ETF – Currency Hedged (ASX: DRUG)

The first ETF that has been tipped as a buy is the Global Healthcare ETF.

This ETF provides investors with easy access to the largest global healthcare companies, hedged into Australian dollars.

Bassanese highlights that the largest global healthcare companies are predominantly pharmaceutical companies, which are often considered defensive. Especially considering how they can typically pass rising costs on to consumers. This provides investors with some level of inflation protection.

Among its holdings are healthcare giants such as Astra Zeneca, Johnson & Johnson, Merck & Co, and Pfizer.

Betashares Global Quality Leaders ETF (ASX: QLTY)

Another ETF to look at is the Betashares Global Quality Leaders ETF. It offers investors exposure to a portfolio of approximately 150 global companies (excluding Australia).

To be included in the ETF, a company needs to rank highly on four key metrics. These are return on equity, debt-to-capital, cash flow generation ability, and earnings stability. The ETF includes companies such as Alphabet, L’Oreal, Microsoft, Nvidia, and Visa.

Alternatively, there’s an option you can consider if you would prefer to invest in high-quality ASX shares instead. Bassanesse has suggested investors look at the Betashares Australian Quality ETF (ASX: AQLT). It is currently home to 40 high-quality ASX shares, which includes companies such as biotherapeutics behemoth CSL Limited (ASX: CSL) and telco giant Telstra Group Ltd (ASX: TLS).

The post Expert names the ETFs to buy this month appeared first on The Motley Fool Australia.

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More reading

• Analysts name 2 strong ASX shares to buy for a retirement portfolio
• Betashares names 6 ‘defensive’ ASX ETFs to consider for a possible recession

Motley Fool contributor James Mickleboro has positions in CSL. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL. The Motley Fool Australia has positions in and has recommended Telstra Group. 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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