Buy and hold these ASX ETFs until 2034

If you want to make some long term investments but aren’t a fan of stock picking, then it could be worth considering exchange-traded funds (ETFs).

That’s because they allow investors to buy a large collection of shares through a single investment. This makes it easier to diversify a portfolio and reduces risk.

But which ASX ETFs could be great buy and hold options for investors right now? Let’s take a look at three funds that could be worth holding until at least 2023. They are as follows:

BetaShares Global Cybersecurity ETF (ASX: HACK)

The first ASX ETF that could be a great buy and hold option is th BetaShares Global Cybersecurity ETF. It provides investors with access to the leading players in the rapidly growing cybersecurity sector.

Betashares highlights that “an estimate of the total addressable market by McKinsey suggests that the cybersecurity market is $1.5-$2.0 trillion globally, and at best only 10% penetrated with a very long runway for growth.”

It also notes that “during the period 2024-2028, cybersecurity revenue is expected to grow at an annual rate of 10.6%, resulting in a total market size of $273.6 billion by 2028.”

This bodes well for the companies that are held by the BetaShares Global Cybersecurity ETF. This includes Accenture, Cisco, Crowdstrike, and Palo Alto Networks.

Betashares Global Cash Flow Kings ETF (ASX: CFLO)

Another ASX ETF that could be a great long term option is the Betashares Global Cash Flow Kings ETF. In fact, Betashares recently named it as one to consider.

It notes that companies that generate high levels of free cash flow have tended to outperform broad global equity benchmarks over the medium to long term.

The Betashares Global Cash Flow Kings ETF focuses on global companies that demonstrate strong and consistent free cash flow generation, growth of free cash flow, and relatively low levels of debt.

Among its holdings are tech giant Alphabet and retailer Costco.

Vanguard MSCI Index International Shares ETF (ASX: VGS)

A final ASX ETF that could be a great buy and hold option is the Vanguard MSCI Index International Shares ETF.

This ETF gives investors exposure to approximately 1,500 of the world’s largest listed companies from major developed countries.

Vanguard highlights that investing internationally offers greater access to sectors such as technology and health care that aren’t as well represented in the Australian share market. Among the ETF’s largest holdings are giants from numerous industries such as Apple, Johnson & Johnson, JP Morgan, Nestle, and Visa.

The post Buy and hold these ASX ETFs until 2034 appeared first on The Motley Fool Australia.

More reading

• Top ASX shares to buy in June and hold for retirement
• Is the Vanguard MSCI Index International Shares ETF (VGS) a better buy for beginner investors or retirees?
• 1 highly diversified ASX AI share to buy now
• Buying ASX shares, rentvesting and co-ownership: How young Australians are achieving home ownership
• 5 ASX ETFs that could be great long-term buys

JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. 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 Accenture Plc, Alphabet, Apple, BetaShares Global Cybersecurity ETF, Cisco Systems, Costco Wholesale, CrowdStrike, JPMorgan Chase, Palo Alto Networks, and Visa. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Johnson & Johnson and Nestlé and has recommended the following options: long January 2025 $290 calls on Accenture Plc and short January 2025 $310 calls on Accenture Plc. The Motley Fool Australia has positions in and has recommended BetaShares Global Cybersecurity ETF. The Motley Fool Australia has recommended Alphabet, Apple, CrowdStrike, and Vanguard Msci Index International Shares ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.