2 ASX ETFs for beginner investors to buy in March

A group of seven young people of different genders and cultural backgrounds stand in a group with serious expressions wearing casual young persons' attire.

A group of seven young people of different genders and cultural backgrounds stand in a group with serious expressions wearing casual young persons' attire.

If you’re new to investing and not confident with stock picking, then exchange traded funds (ETFs) could be a great option to start with.

ASX ETFs allow investors to buy a slice of a large and diverse number of shares through a single investment.

This means that not only do you have a diverse portfolio, but you don’t have to worry about dedicating time to researching individual shares.

But which ASX ETFs could be top options for beginner investors? Two that could be worth considering are listed below:

BetaShares NASDAQ 100 ETF (ASX: NDQ)

The first ASX ETF to look at is the hugely popular BetaShares NASDAQ 100 ETF.

It provides investors with access to 100 of the best companies on the NASDAQ index. These are the giants of Wall Street like Apple, Meta, Microsoft, Nvidia, and Tesla.

Over the last 10 years, the index it tracks has delivered an average return of 21.3% per annum. This would have turned a $10,000 investment into almost $70,000.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

Another ASX ETF that could be a great option for beginner investors is the VanEck Vectors Morningstar Wide Moat ETF.

It is focused on investing in a group of shares that have wide moats (sustainable competitive advantages) and fair valuations.

These are the qualities that Warren Buffett looks for when he makes his investments for Berkshire Hathaway (NYSE: BRK.B). And given how Buffett has smashed the market since all the way back in 1965, it’s fair to say that this investment strategy has its merits.

At present, its holdings include Walt Disney, Estee Lauder, Campbell Soup, Nike, and Etsy.

Over the last decade, the index the fund tracks has generated an average annual return of 16.5%. This would have turned a $10,000 investment into approximately $46,000.

The post 2 ASX ETFs for beginner investors to buy in March appeared first on The Motley Fool Australia.

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Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool’s board of directors. 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 Apple, Berkshire Hathaway, BetaShares Nasdaq 100 ETF, Etsy, Meta Platforms, Microsoft, Nike, Nvidia, Tesla, and Walt Disney. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long January 2025 $47.50 calls on Nike, long January 2026 $395 calls on Microsoft, and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Apple, Berkshire Hathaway, Meta Platforms, Nike, Nvidia, VanEck Morningstar Wide Moat ETF, and Walt Disney. 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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