Category: Stock Market

The fund manager Wilson Asset Management (WAM) has told investors about two compelling ASX shares that it has in its portfolio.

WAM operates several listed investment companies (LICs). Some, like WAM Leaders Ltd (ASX: WLE), focus on larger companies.

There’s also one called WAM Capital Limited (ASX: WAM) which targets “the most compelling undervalued growth opportunities in the Australian market”.

The WAM Capital portfolio has delivered an investment return of 15.9% per annum since its inception in August 1999, before fees, expenses and taxes. This gross return outperformed the All Ordinaries Total Accumulation Index (ASX: XAO) return of 8.4% per annum over the same timeframe.

These are the two ASX shares that WAM Capital outlined in its most recent monthly update:

Champion Iron Ltd (ASX: CIA)

Champion Iron is headquartered in Canada. It is described by WAM as a premium iron ore miner which is exploring the Bloom Lake and Fire Lake projects in the Canadian province of Quebec.

The fund manager pointed out that in January, Champion Iron announced its third quarter update, which showed that its growth project ‘phase II’, remained on track for completion in April.

The ASX share also announced its first dividend of C$0.10 per share, whilst also investing for growth.

Champion Iron has increased its leverage to higher iron ore prices as it progresses its growth projects, which are expected to double output this year.

WAM is bullish on Champion Iron and expect “considerable” free cash flow to be generated by the completion of the phase II project.

BWX Ltd (ASX: BWX)

BWX is an Australian-based company that is engaging in developing, manufacturing and marketing beauty and personal care products.

The ASX share has a number of brands in its stable – Sukin, Andalou Naturals, USPA, Mineral Fusion, Flora & Fauna, Nourished Life and now Go-To Skincare.

WAM says that the company’s expansion in the US and UK is gaining traction. Coupled with new products and a large distribution network, this is driving growth in their share of the market.

The fund manager is unfazed by the resignation of the CEO David Fenlon, who is moving into a non-executive director position on the BWX board.

Business continuity has been demonstrated by the appointment of the successor – the BWX chief operating officer – Rory Gration.

The post 2 ASX shares this expert rates as a buy appeared first on The Motley Fool Australia.

More reading

• AFIC (ASX:AFI) is the biggest LIC on the market. But how does its performance stack up?
• 2 ASX shares that this top fund manager rates as a buy
• What happened to the Champion Iron Ltd (ASX:CIA) share price today?
• ‘Solid performance’: WAM Capital (ASX:WAM) share price spikes after portfolio update
• Here are the top 10 ASX shares today

Motley Fool contributor Tristan Harrison 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 recommended BWX Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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There is an ASX share that’s plunged this year that still has plenty of supporters among professional investors.

The IDP Education Ltd (ASX: IEL) share price has nose-dived almost 20% so far this year, and almost 30% since its high in mid-November.

The company is in the international student placement and English testing industry, which understandably has been pummelled by the COVID-19 pandemic.

Montgomery Investment Management chief investment officer Roger Montgomery, for one, believes this depression is temporary.

“IDP has a solid pipeline of leads and, with borders reopening, the future is looking bright,” he said in a blog post.

“We believe IDP is a very high-quality company.”

A victim of its own success?

Montgomery attributed the recent poor stock performance to the half-year results, which didn’t meet analyst expectations.

In this instance, he thought that IDP might have been a victim of its own past success in exceeding previous guidance.

“The initial market reaction was quite severe, pushing the share price well below its November 2021 high,” he said.

“Broker expectations were arguably optimistic… When a company misses analyst expectations, who’s fault is it – the company’s or the analysts’?”

Montgomery feels that, once the market catches up with the scale of opportunities that IDP can adopt, analysts will change their minds.

“From raising prices and margins in the India International English Language Testing System (IELTS) business, and from growing student placement volumes as Australian, UK, Canadian and US borders reopen fully, and universities chase international student revenue – we believe more optimistic forecasts will be re-integrated into analyst thinking.”

Plenty of tailwinds for IDP Education

In the testing business, recovery of lost business in China and increasing revenue per student in India are two possible tailwinds.

“The above factors point to meaningful upside potential for the IELTS operation’s earnings over the next 3 to 5 years.”

Over in the student placement division, the business actually grew 62.3% year on year. But Montgomery feels like the market wanted more.

“IDP management noted they have never seen such a supportive environment for chasing student volumes, one where all destination markets have very pro-student visa and work-rights regulations.”

Montgomery is not the only one who is bullish.

Goldman Sachs this week lifted its stock price target for IDP Education to $35, a 24% premium on the current level.

UBS is even more generous, setting a price target of $35.90.

In its report, Goldman Sachs stated there were one-off costs in the last half that shouldn’t repeat in the future.

“We expect a stronger than usual second half for IDP, driven by an emerging recovery in Australian student placements, continued strength in multi-destination student placements and greater than initially forecast synergies in the Indian IELTS operations.”

IDP Education shares closed Wednesday at $28.34.

The post This unloved ASX share can only shoot up from here appeared first on The Motley Fool Australia.

More reading

• Goldman Sachs names 2 ASX 200 shares with major upside potential
• 2 top ASX growth shares that are worth buying: brokers
• Top brokers name 3 ASX shares to buy next week
• Brokers name 3 ASX shares to buy today
• Top brokers say there are still ASX 200 growth shares with massive upside in 2022

Motley Fool contributor Tony Yoo has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended Idp Education Pty Ltd. 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 Bruce Jackson.

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If you’re in the process of building an income portfolio, then you might want to look at the shares listed below.

Here’s why these ASX dividend shares could be in the buy zone right now:

Accent Group Ltd (ASX: AX1)

The first ASX dividend share to look at is this footwear focused retailer. It is the company behind a collection of popular retail brands including HYPE DC and The Athlete’s Foot. In addition, Accent has the exclusive licence for a number of brands in Australia such as Reebok.

It could be a top option for income investors following a recent pullback which has left it trading close to 52-week lows. This has been driven by concerns over its performance in FY 2022 due to lockdowns and other COVID headwinds.

And while its underperformance is expected to impact its profits and therefore its dividends this year, analysts at Bell Potter expect a big rebound in FY 2023. It is for this reason the broker has a buy rating and $2.75 price target on the company’s shares.

Its analysts are also currently forecasting dividends per share of 5.4 cents this year and then 11 cents in FY 2023. Based on the current Accent share price of $2.05 this will mean yields of 2.6% and 5.4%, respectively.

Charter Hall Social Infrastructure REIT (ASX: CQE)

Another ASX dividend share for investors to consider is the Charter Hall Social Infrastructure REIT. It is a high quality real estate investment trust with a focus on properties with specialist use, limited competition, and low substitution risk.

Among its portfolio you will find bus depots, police and justice services facilities, and childcare centres. The latter is the company’s main focus. In fact, the Charter Hall Social Infrastructure REIT is the largest owner of early learning centres in Australia.

Goldman Sachs is a fan of the company and currently has a conviction buy rating and $4.17 price target on its shares.

It is also forecasting dividends per share of 17.1 cents in FY 2022 and 17.5 cents in FY 2023. Based on its current share price of $3.87, this implies yields of 4.4% and 4.5%, respectively.

The post Analysts name 2 ASX dividend shares to buy with attractive yields appeared first on The Motley Fool Australia.

More reading

• 2 underrated ASX dividend shares expected to unleash big payouts in FY23
• 2 buy-rated ASX dividend shares with 4%+ yields
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• Analysts rate these ASX dividend shares as buys
• ASX retail shares have slumped in 2022. Could there be more pain to come?

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Accent Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Could BHP Group Ltd (ASX: BHP) be the best ASX dividend share?

It’s certainly one of the biggest in the world. After the recent unification of the UK business under the ASX business, it now has a market capitalisation of $244 billion according to the ASX.

In the FY22 half-year result, BHP decided that it was going to pay US$7.6 billion out as a total dividend to shareholders. In per-share terms, the dividend per share was US$1.50. This represented a dividend payout ratio of 78%.

Is the BHP the best ASX dividend share?

BHP is now the biggest dividend payer on the ASX. But the biggest may not necessarily mean the best.

In terms of growth, BHP did reveal a very big increase to the dividend. The FY22 half-year dividend was grown by 49% to US$1.50 per share. There may not be many S&P/ASX 200 Index (ASX: XJO) shares that grow the dividend as much as BHP in this reporting season.

However, assuming BHP maintains a similar dividend payout ratio, the dividend can change quite significantly year to year. That’s because the profit can change quite a lot too.

Attributable profit rose 144% to US$9.4 billion, net operating cash flow rose 42% to US$13.28 billion. Earnings per share (EPS) went up 144% to US$1.866.

We only have to go back to FY20 see an example of when profit and dividends can go backwards. FY20 attributable profit fell 4% to US$7.96 billion, whilst the dividend per share fell 10% to US$1.20.

So, the dividend can grow a lot. But it can also fall as well, depending on what happens to commodity prices and BHP profit.

Diversification

There are some commodity businesses that just rely on one type of commodity like Fortescue Metals Group Limited (ASX: FMG) or Evolution Mining Ltd (ASX: EVN).

But BHP doesn’t focus on just one commodity. It has a few different commodities, which means there are different commodity cycles going on within the business. BHP has iron ore, copper, nickel and coal operations. It’s divesting its petroleum division to Woodside Petroleum Limited (ASX: WPL), whilst working on it’s Jansen potash project to open up a new earnings stream.

So, whilst the BHP dividend can be volatile, it may be less than something like Fortescue which just cut its half-year dividend by 41%.

Is the BHP share price a buy?

Opinions are mixed on the business after the result. Macquarie reckons it’s a buy, with a price target of $54. Whilst it’s expecting a grossed-up dividend yield of 12.7% in FY22, the FY23 grossed-up dividend yield is expected to fall to 8.5%.

Morgans rates the business as a ‘hold’, with a price target of $48.70. This broker is expecting a grossed-up dividend yield of 11.1% in FY22 and 8.5% in FY23.

The post Is BHP (ASX:BHP) the best ASX dividend share? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Thursday
• Here are the top 10 ASX shares today
• Losing sleep over falling ASX share prices? Here’s how one expert says investors can ‘take advantage of sell-offs’
• Why BHP, Fortescue, Netwealth, and Santos shares are falling
• These 3 ASX 200 shares are topping the volume charts on Wednesday

Motley Fool contributor Tristan Harrison owns Fortescue Metals Group Limited. 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 Bruce Jackson.

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On Wednesday, the S&P/ASX 200 Index (ASX: XJO) was back on form and charged higher. The benchmark index rose 1.1% to 7,284.9 points.

Will the market be able to build on this on Thursday? Here are five things to watch:

ASX 200 to open lower

The Australian share market looks set to give back some of yesterday’s gains on Thursday following a subdued night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 9 points or 0.1% lower this morning. In late trade on Wall Street, the Dow Jones is down 0.1%, the S&P 500 is up 0.2%, and the Nasdaq has fallen 0.1%.

Telstra’s half year results

The Telstra Corporation Ltd (ASX: TLS) share price will be one to watch this morning when it releases its half year results. According to a note out of Morgans, its analysts expect a 7% decline in revenue for the period. However, thanks to its expectation for an 11% reduction in expenses, it is forecasting a 4% increase in underlying EBITDA.

Oil prices rise

Energy shares including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) could have a decent day after oil prices rebounded. According to Bloomberg, the WTI crude oil price is up 1.4% to US$93.39 a barrel and the Brent crude oil price is up 1.4% to US$94.64 a barrel. Oil prices rose after Russian-Ukraine tensions flared up again.

Wesfarmers half year update

The Wesfarmers Ltd (ASX: WES) share price will be in focus when it releases its half year results. Morgans is expecting the conglomerate to deliver a result in line with its guidance. It has forecast a 15% decline in net profit after tax to $1,199 million. This is being driven largely by weakness from the Kmart Group segment due to lockdowns, staff shortages, and supply chain disruptions.

Gold price rises

It could be a good day for gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) after the gold price stormed higher. According to CNBC, the spot gold price is up 0.9% to US$1,872.4 an ounce. Concerns over the Russia-Ukraine situation boosted the safe haven asset.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• Losing sleep over falling ASX share prices? Here’s how one expert says investors can ‘take advantage of sell-offs’
• Why BHP, Fortescue, Netwealth, and Santos shares are falling
• These 3 ASX 200 shares are topping the volume charts on Wednesday
• Is now the time to buy the dip in ASX 200 shares?

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 no position in any of the stocks mentioned. The Motley Fool Australia owns and has recommended Telstra Corporation Limited and Wesfarmers Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The small end of the Australian share market is home to a number of companies with the potential to grow materially in the future.

Three that investors might want to get better acquainted with are listed below. Here’s why they should be on your watchlist:

Adore Beauty Group Limited (ASX: ABY)

The first small cap ASX share to look at is Adore Beauty. This week the company released its half year results and revealed an 18% increase in revenue to $113.1 million. This was driven by a 13% increase in active customers to 876,000 and strong returning customer growth. And while there are concerns about its slender margins, management appears confident they will improve at scale. It also believes the company “is well positioned to capture market share in a large and growing market benefitting from structural tailwinds.”

Morgan Stanley remains positive on the company. It currently has an overweight rating and $4.00 price target on its shares.

Booktopia Group Ltd (ASX: BKG)

Another small cap ASX share to watch is Booktopia. This online book retailer has been growing at an explosive rate in recent years. This has been driven by the shift to online shopping and supported by the opening of its new distribution centre. The latter is allowing the company to capture heightened demand and ship more books than ever.

While its shares are out of favour with investors at present, Morgans remains positive. It recently put an add rating and lofty $2.78 price target on its shares. This is more than double the current Booktopia share price.

Whispir Ltd (ASX: WSP)

A final small cap ASX share to watch is Whispir. It is a software-as-a-service company that provides a communications workflow platform that automate interactions between organisations and people. The company notes that its offering enables organisations to improve their communications through automated workflows to ensure stakeholders receive accurate, timely, useful and actionable insights. Among its users are the Australian Government, Changi Airport, Monash University, Nespresso, and Takata. Management estimates that it has a total addressable market of US$4.7 billion in just the United States market.

Canaccord Genuity is bullish on Whispir. It has a buy rating and $3.50 price target on its shares. It feels that the company’s shares could rerate once it demonstrates growth in North America.

The post 3 high risk, high reward small cap ASX shares named as buys appeared first on The Motley Fool Australia.

More reading

• Why Adore Beauty, Beach, Fortescue, and Praemium shares are falling
• You beauty! Adore Beauty (ASX:ABY) share price up 7% after record half year result
• 2 exciting small cap ASX shares with enormous potential
• 3 buy-rated ASX growth shares to make you smile
• 2 fantastic ASX growth shares to buy now

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. owns and has recommended Whispir Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited and Booktopia Group Limited. The Motley Fool Australia has recommended Adore Beauty Group Limited and Whispir Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re looking for shares with major upside potential, then you may want to check out the ones listed below.

Earlier today, brokers gave their verdict on these shares and, pleasingly for investors, they are feeling very bullish. Here’s what you need to know:

Atomos Ltd (ASX: AMS)

Morgans is very positive on this video equipment developer. This morning the broker responded to its half year results by retaining its add rating but slightly trimming its price target to $1.87. This implies almost 100% upside for the Atomos share price from current levels.

The broker commented: “AMS’ 1H22 result saw a beat on EBITDA (A$3.2m vs A$2.5m MorgansE) although further upside was impacted by higher variable freight costs and supply chain disruptions – no surprise there given the global operating environment.”

“While it appears the market continues to question AMS’ ability to hit FY22 guidance, we look to a period of lower promotional activity, pull-through of demand from out-of-stock devices in 1H, higher contribution from 100% margin software sales, and the release of Series 2 (S2) products (higher margin) within the period, off a largely fixed cost base. We are comfortable with guidance at the lower end. We have made only marginal changes to forecasts and remain comfortable with our forecasts,” it added.

Lifestyle Communities Limited (ASX: LIC)

This retirement communities company’s shares could be in the buy zone according to the team at Goldman Sachs. In response to its half year update, the broker retained its conviction buy rating and lifted its price target to $24.50.

This suggests potential upside of 33% from the current Lifestyle Communities share price of $18.46.

Goldman commented: “Overall, we saw the result as very solid: LIC delivered a settlement number in line with our expectations despite ongoing lockdown conditions through the half and the number of resales continues to grow YoY. In our view, the business is well capitalised to organically increase its development pace to support a higher settlement number: although gearing reached 40% in the half, this should unwind as a number of communities move from development phase to settlement phase.“

Outside this, the broker expects the company to outperform for three reasons. These are a step up in the pace of land acquisitions, structural growth in demand for land lease, and fundamental valuation support for cap rates.

The post Brokers name 2 ASX shares with at least 30% upside potential appeared first on The Motley Fool Australia.

More reading

• Goldman Sachs names 2 ASX 200 shares as conviction buys

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. owns and has recommended Atomos Ltd. The Motley Fool Australia has recommended Atomos Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Today, the S&P/ASX 200 Index (ASX: XJO) put the foot on the gas amid a flurry of earnings that sat well with investors. At the end of the session, the benchmark index finished 1.08% higher at 7,284.9 points.

In a comforting mid-week performance, only two of the eleven ASX sectors finished in the red today. These were energy shares and mining companies. On the other side of the coin, the healthcare sector was by far the strongest performing sector, climbing 6.22% after CSL Limited (ASX: CSL) rallied on its half-year result.

The question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Liontown Resources Ltd (ASX: LTR) was the biggest gainer today. Shares in the battery materials company soared 17.99% after securing a binding lithium supply agreement with Tesla Inc (NASDAQ: TSLA). Find out more about Liontown Resources here.

The next biggest gaining ASX share today was Imugene Ltd (ASX: IMU). The clinical-stage immunotherapy developer experienced a 12.73% jump in its share price despite there being no announcements released today. Uncover the latest Imugene details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
Liontown Resources Ltd (ASX: LTR)	$1.64	17.99%
Imugene Ltd (ASX: IMU)	$0.31	12.37%
Treasury Wine Estates Ltd (ASX: TWE)	$11.77	11.67%
Vicinity Centres (ASX: VCX)	$1.865	11.01%
AVZ Minerals Ltd (ASX: AVZ)	$0.805	10.27%
CSL Limited (ASX: CSL)	$263.69	8.51%
Corporate Travel Management Ltd (ASX: CTD)	$24.34	7.56%
Orora Ltd (ASX: ORA)	$3.56	7.55%
Fletcher Building Ltd (ASX: FBU)	$6.26	7.38%
Paladin Energy Ltd (ASX: PDN)	$0.74	6.48%

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check-in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

More reading

• ASX lithium shares or EV makers, what’s been the better bet?
• Losing sleep over falling ASX share prices? Here’s how one expert says investors can ‘take advantage of sell-offs’
• These 3 ASX 200 shares are topping the volume charts on Wednesday
• Why CSL, Liontown, Nearmap, and Treasury Wine shares are storming higher
• Is now the time to buy the dip in ASX 200 shares?

Motley Fool contributor Mitchell Lawler owns Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns and has recommended CSL Ltd. The Motley Fool Australia has recommended Corporate Travel Management Limited and Treasury Wine Estates Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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With so many shares to choose from on the Australian share market, it can be hard to decide which ones to buy over others.

To narrow things down, I have picked out three ASX 200 shares that are highly rated by analysts. Here’s what you need to know about them:

Elders Ltd (ASX: ELD)

The first ASX 200 share to look at is Elders. It is one of Australia’s largest agribusiness companies. Its outlook has become increasingly positive recently thanks to the success of its transformation plan and acquisitions. In addition, it looks well-placed to benefit from the rationalisation of the rural services industry, margin expansion opportunities, and the benefits of its large scale systems modernisation project.

Goldman Sachs is a fan of Elders. Its analysts currently have a conviction buy rating and $15.65 price target on its shares.

REA Group Limited (ASX: REA)

Another ASX 200 share to look at is REA Group. It is the dominant player in real estate listings in the Australian market. REA looks well-placed for growth in the coming years thanks to its new revenue streams, acquisitions, price increases, its international operations, and strong market position in Australia. In respect to the latter, with its recent half year results, management advised that a record 13.2 million people visited its local site in October. This is the equivalent of 65% of Australia’s adult population. Furthermore, on average, there are 3.3x more visits than the nearest competitor each month.

Goldman Sachs remains very positive on REA Group. Its analysts currently have a buy rating and $167.00 price target on its shares.

ResMed Inc. (ASX: RMD)

A final ASX 200 share to look at is ResMed. It is a sleep treatment focused medical device company which has been growing at a consistently solid rate over the last decade. Pleasingly, the next decade looks just as positive for ResMed. This is thanks to its world class products, significant market opportunity, and the growing prevalence of sleep disorders. In addition, the company’s near term performance is being boosted by a major product recall (5.2m CPAP devices) from Philips.

Morgans is positive on the company and has an add rating and $40.46 price target on its shares.

The post 3 buy-rated ASX 200 shares appeared first on The Motley Fool Australia.

More reading

• 2 quality ASX 200 tech shares with ‘years of growth’ ahead: broker
• Leading brokers name 3 ASX shares to buy today
• The REA (ASX:REA) share price has tumbled 21% this year. Is it a bargain?
• 3 buy-rated ASX growth shares to make you smile
• 2 highly rated ASX 200 shares to buy immediately

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 no position in any of the stocks mentioned. The Motley Fool Australia has recommended Elders Limited, REA Group Limited, and ResMed Inc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Exchange traded funds (ETFs) continue to grow in popularity with investors and it isn’t hard to see why. These funds allow investors to gain exposure to sectors, themes, markets, and entire countries through a single investment.

This means an investor can home in on certain areas of the investment world that they’re particularly bullish on.

With that in mind, listed below are three ETFs that could be worth getting better acquainted with. Here’s what you need to know about them:

BetaShares Crypto Innovators ETF (ASX: CRYP)

The BetaShares Crypto Innovators ETF could be worth looking at if you have an interest in cryptocurrencies. BetaShares notes that this ETF allows investors to access the growth potential of the crypto economy through companies at the forefront of the industry. Among the companies included in the fund are crypto trading platforms, crypto mining and mining equipment firms, and others servicing crypto-markets. This includes Coinbase, Silvergate, and Riot Blockchain.

Betashares Global Sustainability Leaders ETF (ASX: ETHI)

Another ETF for ASX investors to look at is the Betashares Global Sustainability Leaders ETF. This ETF gives investors exposure to large global stocks that have been identified as “Climate Leaders.” BetaShares notes that these companies have passed screens that check for direct or significant exposure to fossil fuels. It even checks for those that are engaged in activities deemed inconsistent with responsible investment considerations. Included in the fund are the likes of Apple, Nvidia, Toyota, and Visa.

iShares Global Healthcare ETF (ASX: IXJ)

A final ETF to look at is the iShares Global Healthcare ETF. As its name implies, this ETF provides investors with exposure to the healthcare sector. This includes the biotechnology, pharmaceutical, and medical device sectors. Among its holdings are many of the world’s biggest and best healthcare companies such as Australia’s own CSL Ltd (ASX: CSL), Johnson & Johnson, Novartis, and Pfizer. These companies look well-placed to benefit from favourable industry trends such as ageing populations.

The post 3 popular ETFs for ASX investors today appeared first on The Motley Fool Australia.

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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. owns and has recommended Betashares Crypto Innovators ETF. 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 Bruce Jackson.

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