There are a lot of exchange-traded funds (ETFs) to choose from on the Australian share market.
To narrow things down, let’s take a look at four excellent ASX ETFs that could be good additions to a balanced investment portfolio. They are as follows:
BetaShares Asia Technology Tigers ETFÂ (ASX: ASIA)
The first ASX ETF to look at is the BetaShares Asia Technology Tigers ETF. It provides investors with easy access to 50 of the best technology stocks that the Asian region has to offer. These technology tigers include online retail giant Alibaba, WeChat owner Tencent Holdings, Temu owner Pinduoduo, and search engine leader Baidu. The fund manager, Betashares, notes that the ETF “provides diversified exposure to a high-growth sector that is under-represented in the Australian sharemarket, and a complement to investors with U.S. technology exposure.”
BetaShares Global Cybersecurity ETFÂ (ASX: HACK)
Another excellent ASX ETF to look at is the BetaShares Global Cybersecurity ETF. As you might have guessed from its name, this ETF gives investors exposure to the growing cybersecurity sector. This certainly could be a great area of the market to be invested. Betashares notes that “with cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future.” Among the fund’s holdings are cybersecurity giants Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
iShares Global Consumer Staples ETF (ASX: IXI)
A third ASX ETF that could be a great option is the iShares Global Consumer Staples ETF. This ETF provides investors with access to many of the world’s largest consumer staples companies. These are generally regarded as low risk options and companies that perform well whatever is happening in the global economy. This could make it a good option for investors that have a low tolerance for risk. Among its holdings are global behemoths such as Coca-Cola, Nestle, and Unilever.
Vanguard Australian Shares Index ETFÂ (ASX: VAS)
A final ASX ETF for investors to look at is the Vanguard Australian Shares Index ETF. It is an index-based exchange-traded fund that aims to track the ASX 300 index. The ASX 300 index is home to Australia’s leading 300 listed companies. This includes a diverse group of shares such as BHP Group Ltd (ASX: BHP), Macquarie Group Ltd (ASX: MQG), Northern Star Resources Ltd (ASX: NST), and Wesfarmers Ltd (ASX: WES). It also provides investors with a source of income. For example, at present, the ETF is trading with a dividend yield of 3.7%.
The post 4 excellent ASX ETFs to buy this month appeared first on The Motley Fool Australia.
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More reading
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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, Baidu, BetaShares Global Cybersecurity ETF, Cisco Systems, CrowdStrike, Macquarie Group, Palo Alto Networks, Tencent, and Wesfarmers. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Alibaba Group and Unilever Plc 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, Macquarie Group, Wesfarmers, and iShares International Equity ETFs – iShares Global Consumer Staples ETF. The Motley Fool Australia has recommended Betashares Capital – Asia Technology Tigers Etf and CrowdStrike. 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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