3 ASX ETFs that could help build long-term wealth

Building long-term wealth does not need to be hard.

One easy way to do it is with ASX exchange traded funds (ETFs), which can give investors exposure to global companies, major markets, and powerful investment themes in a single trade.

Here are three ASX ETFs that could be worth a closer look.

Betashares Asia Technology Tigers ETF (ASX: ASIA)

The first ASX ETF to consider is the Betashares Asia Technology Tigers ETF.

This fund gives investors exposure to leading technology and online retail companies across Asia, but excluding Japan.

That makes it quite different from many global technology funds, which are often dominated by US names. The Betashares Asia Technology Tigers ETF can provide exposure to Asian semiconductor companies, ecommerce platforms, digital payment businesses, and online services.

Asia remains home to some of the world’s largest populations, fastest-growing digital economies, and most important technology supply chains. As more consumers and businesses in the region move online, the companies supporting that shift could have a long runway for growth.

It was recently recommended by analysts at Betashares.

iShares S&P 500 AUD ETF (ASX: IVV)

Another ASX ETF that could help build wealth over time is the iShares S&P 500 AUD ETF.

This fund gives Australian investors access to the S&P 500, which is home to many of the largest listed companies in the United States.

The fund includes businesses across technology, healthcare, financials, consumer goods, industrials, and communication services.

Its strength is arguably its simplicity. Instead of trying to figure out which US giant will outperform, investors can gain broad exposure to a large group of market leaders.

The United States remains home to many of the world’s most profitable and innovative companies, making this fund a great long-term option for investors wanting global diversification and exposure to American business strength.

Betashares Global Cybersecurity ETF (ASX: HACK)

A third ASX ETF to look at for the long-term is the Betashares Global Cybersecurity ETF.

Cybersecurity has become a basic requirement of the modern economy. Companies, governments, hospitals, banks, schools, and households all need protection as more activity moves online.

This fund gives investors targeted exposure to global cybersecurity businesses. These companies operate in areas such as network security, cloud protection, identity management, threat detection, and data defence.

The long-term case is easy to understand. Cyber threats are unlikely to disappear. If anything, artificial intelligence, cloud computing, remote work, and digital payments could make security even more important.

The Betashares Global Cybersecurity ETF is still a thematic fund, so it can be volatile. But for investors looking beyond the next year or two, cybersecurity could remain one of the more durable technology trends.

The post 3 ASX ETFs that could help build long-term wealth appeared first on The Motley Fool Australia.

More reading

• What $500 a month in ASX ETFs looks like in 10 years
• 5 ASX ETFs for beginners with $500
• 3 ASX ETFs for investors who want global winners
• 3 world-class ETFs for Australian investors
• How to use the iShares S&P 500 ETF (IVV) to become a millionaire

Motley Fool contributor James Mickleboro has positions in Betashares Capital – Asia Technology Tigers Etf. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BetaShares Global Cybersecurity ETF and iShares S&P 500 ETF. The Motley Fool Australia has recommended iShares S&P 500 ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.