S&P/ASX 200 Index (ASX: XJO) mining shares outperformed in FY26.

The materials sector, dominated by miners, was the best-performer of the 11 ASX 200 market sectors.

ASX 200 materials shares gained 47% in value and delivered a total return, including dividends, of 52% in FY26.

This compares to a more subdued performance across the broader market.

S&P/ASX 200 Index (ASX: XJO) shares rose by just under 3%, and delivered total returns of 7% in FY26.  

The long-term outlook for mining is bright, but experts say it’s time to sell these ASX shares after an impressive run in FY26.

Rio Tinto Ltd (ASX: RIO)

Rio Tinto was among the ASX 200 large-cap shares that generated the most share price growth in FY26.

The Rio Tinto share price rose 61% in FY26 amid strong demand and rising prices for lithium and copper.

Last week, Rio Tinto released its 2Q FY26 production report.

The miner said it increased copper production by 3% and lithium production by 20% year over year.

Global iron ore sales were also 5% higher.

Rio Tinto CEO Simon Trott commented:

We are delivering growth as we drive performance across the group, with copper equivalent production up 3 per cent in the first half.

Our scale, geographical diversification and sophisticated supply chains continue to underpin our resilience and strong operational performance despite ongoing geopolitical uncertainty throughout the period.

Rahul Anand from Morgan Stanley reiterated his sell rating on Rio Tinto shares after reviewing the report.

He has a 12-month price target of $149, implying about a 6% downside from here.

Evolution Mining Ltd (ASX: EVN)

The Evolution Mining share price increased 51% in FY26.

Evolution benefitted from a continuing increase in the gold commodity price, however, the 18% lift was subdued compared to FY25.

Last week, the gold miner released its 2Q FY26 report.

Evolution said it produced 180,000 ounces of gold and 19,000 tonnes of copper in the June quarter.

Total FY26 production came in at 715,000 ounces of gold and 66,000 tonnes of copper.

Evolution’s all-in sustaining cost (AISC) for gold production in FY26 was AU$1,717 per ounce.

That leaves plenty of profit margin for Evolution, with the gold price currently above US$4,000 per ounce, equivalent to AU$5,725 per ounce.

Evolution reported record operating mine cash flow of $3,394 million and net mine cash flow of $2,079 million.

Managing Director and CEO, Lawrie Conway, said:

FY26 continued to build on the improved consistent performance of the past couple of years, meeting Group production and cost guidance.

We are now fully unhedged and in a net cash position with a cash balance of $1,347M.

All high-return organic growth projects remain on schedule and budget.

Jarden maintained its sell rating on Evolution Mining shares with an $8.20 target after reviewing the report.

This suggests a potential 20% downside for FY27.

The post 2 ASX mining shares to sell: experts appeared first on The Motley Fool Australia.

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Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Investing in ASX ETFs (or exchange traded funds) is one of the simplest ways to build wealth over the long run.

You don’t need to pick individual winners, nor do you need to time the market.

ASX investors can simply buy a basket of shares in a single trade.

Here are three ASX ETFs that make long-term investing genuinely easy.

Why ASX ETFs suit long-term investors

ASX ETFs give you instant diversification, as one fund unit can hold hundreds or even thousands of companies.

If one business stumbles, the others help cushion the blow.

ETFs are also, generally speaking, cheap to own. Many of the most popular funds charge a fraction of what an active manager would.

For investors, lower fees mean more of the return stays in your pocket.

And they trade on the ASX just like any share: investors can buy or sell ETFs during market hours with a few clicks.

Here are three ASX-listed ETFs that take the guesswork out of investing.

Vanguard Australian Shares ETF (VAS)

The Vanguard Australian Shares Index ETF (ASX: VAS) is the largest ETF on the ASX.

It tracks the S&P/ASX 300 Index, meaning that one trade gives you exposure to the top 300 Australian companies.

Investors instantly get the big banks, the major miners, and many more of the companies that make the ASX what it is.

Vanguard charges a management fee of just 0.07% per year.

VAS also pays regular quarterly distributions, which come primarily from franked Aussie dividends.

For a low-cost core holding, VAS is tough to beat.

iShares S&P 500 ETF (IVV)

As opposed to VAS, the iShares S&P 500 ETF (ASX: IVV) opens the door to the United States for ASX investors.

The ETF tracks the 500 largest US-listed companies, including companies like Apple Inc (NASDAQ: AAPL), Microsoft Corp (NASDAQ: MSFT), and Nvidia Corp (NASDAQ: NVDA).

So why invest in the US rather than in Australia? Well, the S&P 500 has delivered an average annual return of around 10% over the very long term.

True to form, in 2025, IVV gave Australian investors a total return of 10.13%.

However, IVV also introduces new risks, including foreign exchange risk. Currency moves between US and Australian dollars can lift or lower those returns in any given year.

But as a long-term US holding, IVV is a firm favourite, and like VAS, also carries a very low management fee of 0.04%.

Vanguard MSCI Index International Shares ETF (VGS)

The Vanguard MSCI Index International Shares ETF (ASX: VGS) casts the net even wider.

This ETF holds shares across 22 developed markets, including the US, Japan, the UK, and Europe.

In 2025, VGS delivered a total return of 13.34%, comprising 9.81% in capital growth and a 3.53% distribution yield.

The fund charges 0.18% per year.

Unlike the other two ETFs, investors in VGS benefit from international diversification, which reduces volatility and should, in theory, increase risk-adjusted returns.

For broad international diversification, VGS is a standout.

Foolish takeaway for ASX ETFs

These three ASX ETFs cover Australia, the US, and the wider world.

Together, they form a simple, low-cost foundation for a long-term portfolio.

Investors can hold all three, or start with just one, keeping in mind that VGS and IVV overlap heavily on US shares.

Past returns are also never a guarantee of future performance.

But for hands-off investors, these ASX ETFs make building wealth about as easy as it gets.

The post 3 ASX ETFs that make long-term investing easy appeared first on The Motley Fool Australia.

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Motley Fool contributor Mark Verhoeven 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 Apple, Microsoft, Nvidia, and iShares S&P 500 ETF. The Motley Fool Australia has recommended Apple, Microsoft, Nvidia, Vanguard Msci Index International Shares ETF, and 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.

It has been a difficult year for ASX financials stock Navigator Global Investments Ltd (ASX: NGI). 

Navigator is a holding company – one that holds interests in other companies. 

It describes itself as an alternative asset management company with diverse partnerships across investment styles, product types, and client bases. 

The Company has 29 Partner Firms (of which 17 form the NGI Stable Growth Portfolio), all of which are established alternative asset managers who operate businesses diversified across investment style, product type and client base.

Year to date, its share price has fallen approximately 20%. 

However, Morgan’s has updated its outlook following the company’s Assets Under Management Update.

What did the company report?

Last week, Navigator Global Investments announced: 

• Ownership-adjusted AUM increased by 6% to USD33.6 billion in Q4, up 21% over the last 12 months
• NGI Strategic AUM up 3% to over USD13 billion
• Total Partner Firm AUM up 7% to USD104 billion.

Speaking on the results, the company said ongoing geopolitical uncertainty, interest rate volatility and changing market conditions continue to create both opportunities and challenges for alternative investment strategies.

Looking to FY27, the company said there is a focus on continued AUM growth across LHP and NGI Strategic in Q4 provides a solid platform entering FY27, supplemented by the expected contributions from the NGI Stable Growth Portfolio.

Morgan’s updated view 

Yesterday, this ASX financials stock closed trading at $2.38 per share. 

The team at Morgans provided commentary on the company following its AUM release. 

NGI has released its June 2026 (4Q26) AUM update. We saw this as another broadly solid quarter, marked by a +6% increase in group ownership-adjusted AUM despite volatile markets, and with continued robust quarterly net flows into Lighthouse (+US$690m). 

We revise our NGI FY26F/FY27F EPS by +1%/-2%/-4%, with higher AUM forecasts offset by slightly lower operating margin assumptions. Our price target is reduced to A$3.13 (previously A$3.39). With >20% upside remaining to our PT, we maintain our BUY recommendation.

Despite lowering its price target, the updated target price from Morgans indicates a 31% upside for the ASX financials stock. 

Morgans isn’t the only broker with an optimistic view for this company. 

Recently, the team at Macquarie has a price target on the company of $3.28 along with an outperform rating. 

Macquarie said the company has a strong platform entering FY27. 

The post Broker tips more than 30% upside for this ASX financials stock appeared first on The Motley Fool Australia.

More reading

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• Macquarie tips three ASX finance companies to return better than 30%

Motley Fool contributor Aaron Bell has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.