Once again, a large number of broker notes hit the wires last week. Some of these notes were positive and some were bearish.

Three sell ratings that caught my eye are summarised below. Here’s why top brokers think investors ought to sell these shares next week:

Bubs Australia Ltd (ASX: BUB)

According to a note out of Citi, its analysts have retained their sell rating and 35 cents price target on this infant formula company’s shares. While the broker felt there were a few improvements in its third quarter update, it isn’t enough to become more positive. Not until there is clear evidence that its Daigou 2.0 strategy is delivering results. Outside this, the broker still has concerns over growing competition by domestic players in the key China market and its ability to compete with bigger players. The Bubs share price was trading at a multi-year low of 37.5 cents at the end of the week.

OceanaGold Corp (ASX: OGC)

Analysts at Macquarie have downgraded this gold miner’s shares to an underperform rating and reduced the price target on them to $2.00. This follows the release of a mixed first quarter update which revealed solid production but higher costs. Combined with a valuation that Macquarie appears to believe is looking stretched and ongoing disruption at Didipio, the broker feels investors would be better off investing elsewhere in the sector. The OceanaGold share price was trading at $2.28 at Friday’s close.

Scentre Group (ASX: SCG)

A note out of UBS reveals that its analysts have retained their sell rating and $2.65 price target on this shopping centre operator’s shares. While the broker felt that the company’s quarterly update was decent given the tough trading conditions it is facing, it was still disappointed with its cash collections. Particularly given that it suspects Scentre is collecting rent that was already recognised in 2020. In light of this, it feels its gross rental collections are actually running 8% below its forecasts. The Scentre share price ended the week at $2.74.

More reading

• A2 Milk (ASX:A2M) share price falls as China suspends dialogue
• Leading brokers name 3 ASX shares to sell today
• The ASX’s China problem is getting worse… and quickly
• Vicinity (ASX:VCX) sees improvements as it struggles back to COVID-normal
• Why Bubs, IDP Education, ResMed, & Tyro shares are dropping today

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BUBS AUST FPO. The Motley Fool Australia has recommended BUBS AUST FPO. 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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Last week saw a number of broker notes hitting the wires once again. Three buy ratings that caught my eye are summarised below.

Here’s why brokers think investors ought to buy them next week:

Booktopia Group Ltd (ASX: BKG)

According to a note out of Morgans, its analysts have retained their add rating and lifted their price target on this online book retailer’s shares to $3.54. The broker was pleased with Booktopia’s third quarter update and notes that its strong growth and operating leverage has continued. The broker expects the company to have won almost 8% of the book market by the end of FY 2021. After which, it expects its market share gains to continue. The Booktopia share price ended the week at $2.56.

Breville Group Ltd (ASX: BRG)

Analysts at UBS have retained their buy rating and $35.70 price target on this appliance manufacturer’s shares. According to the note, the broker expects that Breville’s earnings growth will slow in the second half due to the company pulling forward cost investments. However, it appears supportive of the move and expects it to underpin solid sales growth over the coming years. It also sees upside potential from merger and acquisition opportunities. The Breville share price was fetching $25.83 at Friday’s close.

PointsBet Holdings Ltd (ASX: PBH)

A note out of Credit Suisse reveals that its analysts have upgraded this sports betting company’s shares to an outperform rating with a $16.15 price target. According to the note, the broker believes that PointsBet’s third quarter update demonstrates the company’s ability to win market share in the massive United States market. Overall, it is forecasting very strong revenue growth over the coming years as its footprint in the market grows. The PointsBet share price was trading at $13.56 on Friday.

More reading

• 2 fantastic ASX growth shares that this leading broker loves
• Insiders have been buying Breville (ASX:BRG) and this ASX share
• 3 exciting small cap ASX shares to watch in May
• 2 stellar ASX growth shares rated as buys
• PointsBet (ASX:PBH) share price slumps despite US iGaming launch

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Pointsbet Holdings Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends Booktopia Group Limited. The Motley Fool Australia has recommended Pointsbet Holdings 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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There are some S&P/ASX 200 Index (ASX: XJO) shares that have quite high dividend yields whilst also offering investors the potential of long-term growth.

Not every ASX 200 share has been growing their dividend. Many ASX 200 companies cut the dividend in 2020. Whilst others, like Telstra Corporation Ltd (ASX: TLS), are just maintaining the dividend each year.

These two have a track record of growing their ordinary dividends for shareholders:

Rural Funds Group (ASX: RFF)

Rural Funds has increased its distribution every year since it listed several years ago. At the current share price, Rural Funds has a FY21 distribution yield of 4.6%.

The ASX 200 business is a real estate investment trust (REIT) that owns farmland across Australia. It’s invested in variety of sectors – cattle, vineyards, almonds, macadamias and cropping (cotton and sugar).

Its underlying value is steadily rising. That’s measured by the adjusted net asset value (NAV), which includes its water entitlements at market value. The ASX 200 dividend share owns a substantial amount of water entitlements for use by the tenants.

At the end of the FY21 half-year result, Rural Funds’ adjusted NAV had grown by another 4% to $2.01.

Thanks to built-in rental increases, farm productivity improvements and occasional acquisitions, Rural Funds has been able to steadily grow its adjusted funds from operations (AFFO) over the years. AFFO is essentially the rental profit. This is what funds the distribution growth.

Management aim to grow the distribution by 4% per annum. In FY22 it expects to pay a distribution of 11.73 cents per unit, which will be a distribution yield of 4.75%.

Magellan Financial Group Ltd (ASX: MFG)

Magellan is an ASX 200 share that pays out a high level of its annual profit each year to investors. It generates management fees from its funds under management (FUM). Magellan can also generate performance fees if its funds do better than the benchmark.

In its FY21 half-year result, it saw management fees grow by 8% to $309.4 million and the funds management business saw profit before tax and before performance fees saw 8% growth to $256.2 million. That scalability of the business allows it to maintain a payout ratio north of 90% whilst continuing to grow.

The ASX 200 share’s HY21 net profit after tax grew 3% to $202.3 million and diluted earnings per share (EPS) rose 2% to 110.6 cents. That allowed the interim dividend to grow by 5% to 97.1% with a franking rate of 75%.

Magellan is now looking at high quality external investments that have high quality management, meaningful scale, contributes to the intellectual capital of the business, has optionality and can produce good returns. Its first three investments have been Barrenjoey, Finclear and Guzman y Gomez.

During April 2021, Magellan’s funds under management (FUM) increased by $4.4 billion over one month. This will help grow management fee profitability, as well as the dividend.

Magellan is currently rated as a buy by Ord Minnett, with a price target of $52. In FY21, it expects Magellan will pay a partially franked dividend yield of 4.8%.

More reading

• These were the best performing ASX 200 shares last week
• These were the worst performing ASX 200 shares last week
• ASX 200 rises, Macquarie falls, Magellan declines
• This broker thinks you should buy the TPG (ASX:TPG) share price dip
• The RBA just told us what’s going to happen with interest rates

Motley Fool contributor Tristan Harrison owns shares of Magellan Financial Group and RURALFUNDS STAPLED. The Motley Fool Australia owns shares of and has recommended RURALFUNDS STAPLED and Telstra 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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If you’re wanting to boost your portfolio with a couple of growth shares in May, then you may want to consider the ones listed below.

Here’s why these ASX growth shares have been rated as buys:

Domino’s Pizza Enterprises Ltd (ASX: DMP)

The first ASX growth to look at is Domino’s. It is the largest Domino’s franchisee outside of the United States. At present, it holds the master franchise rights to the brand and network in Australia, New Zealand, Belgium, France, The Netherlands, Japan, Germany, Luxembourg, and Denmark.

Across these countries, the company currently operates approximately 2,800 stores. From these stores, during the first half of FY 2021, Domino’s generated sales of $1.84 billion and an underlying net profit after tax of $96.2 million. This was up 16.5% and 32.8%, respectively, over the prior corresponding period.

The good news is that more strong growth is expected in the second half. This should be boost by further store openings as well.

In fact, the store openings won’t stop there. Management is aiming to almost double the size of its network over the next decade in its existing markets. It is also looking for acquisitions and could expand into new territories in the future. Combined with its same store sales growth targets, the future looks bright for Domino’s.

Morgans is a fan of Domino’s. It currently has an add rating and $119.00 price target on its shares.

IDP Education Ltd (ASX: IEL)

Another ASX growth share to look at is IDP Education. It is a leading provider of international student placement and English language testing services.

The pandemic hit the company particularly hard last year, but it has been bouncing back strongly. In fact, IDP Education revealed that in December testing volumes were broadly in line with those experienced in the final month of 2019 prior to the pandemic.

And while the current and terrible situation in India, its largest market, is going to weigh on its recovery in the second half, once the pandemic passes, it will be onwards and upwards. Particularly given its software business and how many of its smaller rivals have not survived. This puts IDP Education in a position to potentially gobble up market share in FY 2022.

Morgan Stanley remains positive on the company. Last week it retained its overweight rating and $30.00 price target on the company’s shares. It actually believes that the longer the pandemic weighs on the industry, the stronger IDP Education’s market position will be when the crisis passes.

More reading

• Wrong… but still right!
• Why Afterpay, ANZ, Domino’s, & Flight Centre shares are tumbling lower
• Top brokers name 3 ASX shares to buy today
• IDP Education (ASX:IEL) share price sinks 5%: Time to buy?
• Brokers think these 2 top ASX shares are buys in May 2021

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Idp Education Pty Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises 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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Last week, three of the big four banks and Macquarie Group Ltd (ASX: MQG) released their respective results.

Much to the delight of income investors, all four of the banks reported significant improvements in their performances and made increases to their dividends. 

Given that analysts have now had time to digest the results and make adjustments to their estimates, I thought I would take a look to see what dividend yields are on offer in the sector.

Here’s what I found:

Australia and New Zealand Banking GrpLtd (ASX: ANZ)

Analysts at Morgans are expecting some generous dividends from ANZ over the next two years. According to a note from last week, it is forecasting fully franked dividends per share of 145 cents and 163 cents in FY 2021 and FY 2022, respectively. With the ANZ share price currently fetching $27.75, this will mean yields of 5.2% and 5.9%.

Commonwealth Bank of Australia (ASX: CBA)

Commonwealth Bank is the only bank that hasn’t reported its results this month (its third quarter update is coming). However, that hasn’t stopped Citi from recently upgrading its forecasts. Late last month it forecast fully franked dividends of $3.45 per share in FY 2021 and $3.75 per share in FY 2022. Based on the current CBA share price of $93.92, this represents yields of 3.7% and 4%, respectively, over the next two years.

National Australia Bank Ltd (ASX: NAB)

According to a note out of Goldman Sachs, its analysts are forecasting fully franked dividends of 124 cents per share and 133 cents per share in FY 2021 and FY 2022, respectively. Based on the current NAB share price of $26.78, this will mean yields of 4.6% and 5%.

Westpac Banking Corp (ASX: WBC)

According to a note out of Morgan Stanley from last week, its analysts expect Westpac to pay fully franked dividends per share of $1.18 and $1.25 over the next two years. Based on the latest Westpac share price of $26.09, this will mean yields of 4.5% and 4.8%.

Macquarie

Finally, this investment bank declared a full year dividend of $4.70 per share last week. Looking ahead, a recent note out of Morgan Stanley reveals that it is expecting Macquarie to increase this to $5.90 per share in FY 2022. With the Macquarie share price ending the week at $158.45, these dividends represent partially franked yields of 3% and 3.7%.

More reading

• 2 blue chip ASX dividend shares given buy ratings
• ASX 200 rises, Macquarie falls, Magellan declines
• How the Commonwealth Bank (ASX:CBA) share price moved this week
• Telstra (ASX:TLS) and 2 other dividend shares with yields over 6% today
• How shares with massive PE ratios can be cheap

Motley Fool contributor James Mickleboro owns shares of Westpac Banking. The Motley Fool Australia owns shares of and has recommended Macquarie Group 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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If you’re looking to boost your income with some dividend shares, then you might want to consider the ones listed below.

Here’s why analysts have given them buy ratings:

Super Retail Group Ltd (ASX: SUL)

The first ASX dividend share to look at is Super Retail. It is the retail conglomerate behind popular brands BCF, Macpac, Rebel, and Super Cheap Auto.

Super Retail has been a big winner from the redirection in consumer spending during the pandemic due to no international travel. And with international travel off the cards for some time to come, it appears well-placed to continue to benefit from higher than normal demand across its brands.

This was evident in its recent trading update, which revealed that its growth has accelerated since the end of the first half. Super Retail reported like-for-like sales up 28% over the first 44 weeks of FY 2021. Positively, management also revealed that its gross margin had remained steady since the end of the half.

Goldman Sachs sees a lot of value in its shares and is expecting a generous dividend in FY 2021. It has a buy rating and $15.00 price target and is forecasting an 84 cents per share fully franked dividend. Based on the current Super Retail share price of $12.04, this represents a 7% yield.

Transurban Group (ASX: TCL)

Another ASX dividend share to consider is Transurban. It is one of the world’s leading toll road operators.

While the pandemic has impacted traffic volumes, particularly on roads connecting to airports, there has been a notable improvement over recent months. This is likely to continue improving as vaccines rollout and people become more mobile again.

Ord Minnett appears to believe this will be the case and expects its distribution to rebound strongly in FY 2022. It is forecasting dividends of 37 cents per share in FY 2021 and then 58 cents per share in FY 2022. Based on the latest Transurban share price of $14.00, this will mean forward yields of 2.6% and 4.15%, respectively.

The broker has a buy rating and $16.00 price target on the company’s shares.

More reading

• 2 buy-rated ASX dividend shares for income investors
• Top brokers name 3 ASX dividend shares to buy today
• Top broker tips Super Retail (ASX:SUL) share price to smash the market
• ASX 200 rises, Flight Centre drops, Super Retail grows
• Is the Transurban (ASX:TCL) share price a buy for dividends?

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended Super Retail Group Limited. The Motley Fool Australia owns shares of Transurban 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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Looking for growth shares to buy? Then you might want to consider adding the two listed below to your portfolio.

Here’s why they have been tipped as growth shares to buy:

PointsBet Holdings Ltd (ASX: PBH)

PointsBet could be worth a closer look. This sports betting company has operations in the ANZ and US markets that are growing at a rapid rate.

For example, during the third quarter, the company reported a 236% increase in turnover to $905.2 million. This was driven by a 137% jump in Australian turnover to $423.2 million and a 431% increase in US turnover to $482 million.

Also growing strongly was its net win metric, which lifted 246% to $64.9 million for the quarter. This was the result of a 147% increase in Australian net win to $38.2 million and a 716% jump in US net win to $26.7 million.

Goldman Sachs is very positive on the company. Last week its analysts put a buy rating and $17.20 price target on its shares. It believes the company has an enormous opportunity in the rapidly growth US market.

Xero Limited (ASX: XRO)

Xero is another ASX growth share that Goldman Sachs is positive on.

It has been growing at a very strong rate over the last few years. This has been driven by the shift online, its international expansion, and the evolution of its platform into a complete small business solution.

The good news is that Goldman Sachs feels the company can continue this positive form for a long time to come. Its analysts note that Xero is well-placed to deliver multi-decade strong growth thanks to its geographic expansion and the monetisation of its app ecosystem.

In light of this, Goldman is very bullish on the investment opportunity here. As such, it has put a buy rating and $153.00 price target on its shares.

Though, it is worth noting that Xero is due to release its full year results next week. Here’s what Goldman expects the company to report.

More reading

• What to expect from the Xero (ASX:XRO) full year result
• ASX tech shares are in a world of pain. There might be more to come…
• 3 reasons why Xero (ASX:XRO) is such a high-quality ASX share
• One MASSIVE thing about Tesla and Afterpay that people forget
• PointsBet (ASX:PBH) share price slumps despite US iGaming launch

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and recommends Pointsbet Holdings Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of Xero. The Motley Fool Australia has recommended Pointsbet Holdings 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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There are some ASX shares that could be worth looking at if you have some money to invest.

Some businesses have been falling recently and this may open up some interesting opportunities.

These two ASX shares may be able to generate good returns over the coming years:

Adairs Ltd (ASX: ADH)

Adairs is a large omnichannel retailer of home furnishings in Australia and New Zealand. It has a national footprint with a number of different store formats.

It sells a variety of things including bedlinen, bedding, towels, homewares, soft furnishings, children’s furnishings as well as occasional and bedroom furniture. Adairs said with vertically integrated product design, development, sourcing, distribution, and retail operations, over 90% of Adairs’ range is sold under its own private brands. The ASX share says this is essential to Adairs’ differentiated product offer and customer value proposition.

The company has been focused on managing its gross profit margin, with the Adairs gross margin increasing by 690 basis points to 67.8% in the first half of FY21. This was achieved through a mix of a sourcing and retail pricing initiatives combined with a strong focus on reduced depth and length of promotional activity. The number of storewide promotional events was reduced by 29 days during the half.

Margin improvements helped Adairs generate as much earnings before interest and tax (EBIT) in the FY21 first half as the entire FY20. Adairs underlying EBIT jumped 166% to $60.2 million and net profit grew 233.4% to $43.9 million.

The company continues to construct its national distribution centre in Melbourne, it’s on track for the first quarter of FY22, which should deliver annual savings of $3.5 million per annum once operational.

Adairs also has a very generous dividend. The board declared an interim dividend of 13 cents. Morgans thinks Adairs will pay a dividend of $0.31 per share in FY21, which would be a grossed-up dividend yield of 10.2%.

Pushpay Holdings Ltd (ASX: PPH)

Since 8 April 2021, the Pushpay share price has fallen by 16.3%. That gives investors the opportunity to buy shares at a cheaper price.

What is Pushpay? It’s an ASX share that provides a donor management system, including donor tools, finance tools and a custom community app, and a church management system to the faith sector. Its main clients are large and medium US churches.

The company is due to hand in its FY21 result next week. Pushpay is expecting to report quite a lot of growth.

In the FY21 half-year result it revealed that its earnings before interest, tax, depreciation, amortisation and foreign currency (EBITDAF) increased by 177% to US$26.7 million. Operating cashflow grew 203% to US$27 million.

The tech business has increased its EBITDAF guidance a number of times during FY21. Pushpay is now expecting its EBITDAF to come in somewhere between US$56 million to US$60 million. This guidance increase occurred after stronger-than-expected donation processing volume as well as continuing operating leverage growth.

According to Ord Minnett, the Pushpay share price is priced at 25x FY22’s estimated earnings.

More reading

• 2 compelling ASX shares to buy in May 2021
• 3 ASX shares to buy in May 2021
• 3 reasons why the Pushpay (ASX:PPH) share price is a great buy
• Is there still upside to the JB Hi-Fi (ASX:JBH) share price?
• Why retailers are stepping up as top performing ASX shares this week

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of PUSHPAY FPO NZX. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends ADAIRS FPO. The Motley Fool Australia has recommended ADAIRS FPO and PUSHPAY FPO NZX. 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 are some very attractive looking ASX shares to look at right now in May 2021.

Businesses that are delivering good earnings growth have the potential to also produce good shareholder returns

These two ASX shares could be good considerations to think about:

Adairs Ltd (ASX: ADH)

Adairs is one of the leading homewares retailers in the country. It operates both the Adairs and online-only Mocka businesses. It sells products through both a national store network and online.

COVID-19 accelerated Adairs’ online penetration and growth rate with long-term benefits as new customers acquired during COVID return and more customers shop in both channels. It said that 15% of sales in the fourth quarter of FY20 were to existing customers shopping online for the first time and 30% of sales during the store closure period were to new customers.

The ASX share’s membership program called Linen Lovers drove store sales when they re-opened and there’s still more than 60% of members that have not shopped with Adairs online yet.

Linen Lovers is a loyalty program that over 900,000 people pay for. They pay a $20 membership fee for a 2-year period. They get a $20 voucher (on a purchase worth at least $50), 10% off full price items and 5% off sale items, exclusive offers and bi-annual shopping events, as well as free online delivery and extended return terms.

The average transaction value for a Linen Lover member is 1.5 times higher than a non-member.

The ASX share has seen a big step up in the profit margin and net profit during this difficult COVID period. The FY21 first half saw group sales rise 34.8%, with Adairs online sales rising 95.2% to $90.2 million, representing 37.1% of group sales.

The gross profit margin increased by 500 basis points. This helped underlying earnings before interest and tax (EBIT) jump 166% to $60.2 million. The statutory net profit soared 233.4% to $43.9 million.

Growth appears to continue to be strong in the second half. In the first seven weeks of the second half of FY21, total sales were up 25%.

Betashares Asia Technology Tigers ETF (ASX: ASIA)

This is an exchange-traded fund (ETF) ASX share which is focused on both a geographic region and an industry.

It gives investors exposure to the 50 largest Asian technology companies, excluding Japan. This comes at an annual management fee cost of 0.67%.

The Asian region offers good growth for technology businesses. Due to its younger, tech-savvy population, Asia is surpassing the West in terms of technological adoption and the sector is anticipated to remain a growth sector, according to BetaShares.

There are some very recognisable Asian giants in this portfolio of 50 names. Those include: Samsung Electronics, Taiwan Semiconductor Manufacturing, Tencent, Meituan, Alibaba and JD.com.

There are only four places that have a weighting of more than 5% in the ETF: China (just over 50%), Taiwan (around 24%), South Korea (around 20%) and India (close to 6%).

The big Asian businesses have done very well over the last few years. Betashares Asia Technology Tigers ETF has delivered an average net return per annum of 30.5% per annum since inception in September 2018.

More reading

• 2 outstanding ETFs for ASX investors to buy
• 2 quality ETFs for ASX investors in May
• Is there still upside to the JB Hi-Fi (ASX:JBH) share price?
• Why retailers are stepping up as top performing ASX shares this week
• 3 ASX retail shares at record highs

Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. recommends ADAIRS FPO. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended ADAIRS FPO. 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 an easy way to invest in international shares for diversification, then exchange traded funds (ETFs) could be the answer.

But which ETFs should you look at? Here are two popular ETFs that have generated strong returns for investors:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

This ETF gives investors with exposure to 50 of the largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan).

This means you’ll be buying a piece of tech giants such as Alibaba, Baidu, JD.com, Samsung, and Tencent Holdings, as well as lesser known but equally impressive tech companies such as Meituan Dianping and Pinduoduo.

Meituan Dianping is China’s third-largest e-commerce company. Its apps connect consumers with local businesses for food deliveries, hotel bookings, movie tickets, and many other services. Meituan recently raised US$10 billion from investors in order to advance research on developing autonomous delivery vehicles. This includes drone and self-driving car deliveries.

Whereas Pinduoduo is an e-commerce platform that offers a wide range of products from daily groceries to home appliances. The Pinduoduo platform connects distributors with consumers directly through an interactive shopping experience, allowing shoppers to team up to buy items at lower prices. In March, the company revealed that it had 788 million annual active customers, overtaking Alibaba.

The BetaShares Asia Technology Tigers ETF has generated a return of 60.85% over the last 12 months.

Betashares Nasdaq 100 ETF (ASX: NDQ)

Another ETF to consider is the Betashares Nasdaq 100 ETF. This fund aims to track the performance of the NASDAQ-100 Index.

The NASDAQ-100 comprises 100 of the largest non-financial companies listed on the world-famous NASDAQ market. BetaShares notes that this includes many companies that are at the forefront of the new economy.

Among its top holdings are Google parent Alphabet, Amazon, Apple, Facebook, Intel, Microsoft, Netflix, Nvidia, PayPal, and Tesla.

Over the last 12 months, the Betashares Nasdaq 100 ETF has generated a return of 30.8%.

More reading

• This ASX tech ETF might be in the buy zone today. Here’s why
• a2 Milk and Zip were among the most traded ASX shares last week
• 3 high quality ETFs for ASX investors in May
• 2 quality ETFs for ASX investors in May
• Province Resources and Zip were among the most traded ASX shares last week

James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of BETANASDAQ ETF UNITS. The Motley Fool Australia owns shares of and has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool Australia has recommended BETANASDAQ ETF UNITS. 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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