Tag: Motley Fool

Are you looking for dividend shares to buy this month? If you are, then you might want to look at the shares listed below.

Here’s why these ASX dividend shares could be worth considering right now:

Accent Group Ltd (ASX: AX1)

The first ASX dividend shares to look at is Accent. It is a footwear focused retailer that owns a growing collection of store brands. These include HYPEDC, Pivot, Platypus, Sneaker Lab, and Stylerunner.

Accent’s shares have fallen materially this year due to tough trading conditions in the retail sector. While this is disappointing, the team at Bell Potter appear to see it as a buying opportunity.

This morning the broker reiterated its buy rating and $2.20 price target on the retailer’s shares. It notes that Accent has a ~30% market share of the $3 billion Australian footwear market and sees a major opportunity in the fast-growing $5 billion apparel market.

As for dividends, it is forecasting fully franked dividends of 5.8 cents per share in FY 2022 and then 10.7 cents per share in FY 2023. Based on the current Accent share price of $1.34, this will mean yields of 4.3% and 8%, respectively.

Westpac Banking Corp (ASX: WBC)

Another ASX dividend share that could be a buy is Westpac. It is Australia’s oldest bank and one of the big four. It is also responsible for the Bank of Melbourne, Bank SA, St Georges, and Rams brands.

It could be a top option due to its improving outlook as rates rise in Australia and the economy recovers from the pandemic.

Analysts at Citi are very positive on the bank and have a buy rating and $29.00 price target on its shares. They were particularly pleased with Westpac’s recent half-year results, which came in well ahead of expectations. The broker also highlights that management is holding firm with its cost reduction plans despite the bank’s rivals abandoning their own targets.

All in all, Citi believes this leaves Westpac well-placed to deliver “the strongest EPS growth in the sector.”

In respect to dividends, Citi is forecasting a fully franked $1.23 per share dividend in FY 2022 and then a $1.53 per share dividend in FY 2023. Based on the current Westpac share price of $24.00, this will mean yields of 5.1% and 6.4%, respectively.

The post 2 excellent ASX dividend shares that experts rate as buys appeared first on The Motley Fool Australia.

More reading

• Top brokers name 3 ASX shares to buy next week
• What are brokers forecasting for the Westpac share price in June?
• What’s dragging on ASX 200 bank shares like NAB on Thursday?
• Why did the Westpac share price beat the ASX 200 in May?
• Leading brokers name 3 ASX shares to buy today

Motley Fool contributor James Mickleboro has positions in Westpac Banking Corporation. 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 and Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/yrvebgh

On Friday, the S&P/ASX 200 Index (ASX: XJO) finished the week on a positive note. The benchmark index rose 0.8% to 7,238.8 points.

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

ASX 200 expected to fall

The Australian share market looks set to start the week in the red following a very poor night on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 33 points or 0.45% lower this morning. On Wall Street, the Dow Jones was down 1.05%, the S&P 500 dropped 1.6%, and the Nasdaq tumbled 2.5%.

Oil prices rise

Energy producers Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) could have a good start to the week after oil prices pushed higher on Friday. According to Bloomberg, the WTI crude oil price rose 1.7% to US$118.87 a barrel and the Brent crude oil price climbed 1.8% to US$119.72 a barrel. Tight supply offset news that OPEC plans to increase production.

ASX 200 rebalance

S&P Dow Jones Indices has announced changes to the ASX 200 index at the next rebalance. Among the notable changes are Appen Ltd (ASX: APX) and PolyNovo Ltd (ASX: PNV) being kicked out on 20 June. Brainchip Holdings Ltd (ASX: BRN) and Core Lithium Ltd (ASX: CXO) are among the new entrants to the benchmark index.

Gold price falls

Gold miners Newcrest Mining Limited (ASX: NCM) and Northern Star Resources Ltd (ASX: NST) could have a tough start to the week after the gold price dropped on Friday night. According to CNBC, the spot gold price is down 1.1% to US$1,850.2 an ounce. Strong US jobs data spurred on rate hike bets.

Liontown shares on watch

The Liontown Resources Limited (ASX: LTR) share price will be on watch this morning. The lithium developer is due to release an update on its agreement with electric vehicle giant Tesla today. Tesla is expected to sign up for 150,000 dry metric tonnes of spodumene concentrate from the Kathleen Valley lithium project.

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

More reading

• What’s coming up for the Liontown share price in June?
• These were the worst performing ASX 200 shares last week
• These were the best performing ASX 200 shares last week
• Here are the top 10 ASX shares today
• Here are the 3 most traded ASX 200 shares on Friday

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 Appen Ltd and POLYNOVO FPO. 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.

from The Motley Fool Australia https://ift.tt/e70W6iL

The Liontown Resources Limited (ASX: LTR) share price has started the month in a very disappointing fashion.

After just three trading days, the lithium developer’s shares are down 10.5%.

Though, that’s a decent outcome given the Liontown share price was down as much as 19% on 1 June.

What’s next for the Liontown share price?

The Liontown share price could be given a boost and put this recent blip behind it on Monday.

That’s because on Monday the company is scheduled to announce a definitive full form binding offtake agreement with electric car giant Tesla.

Last week Liontown advised that the two parties had mutually agreed to extend the termination date for the binding lithium offtake term sheet until 6 June. This was to allow Liontown and Tesla to complete negotiations for the agreement.

If everything goes to plan, Tesla will be signing up for up to 150,000 dry metric tonnes per annum of spodumene concentrate from Liontown’s Kathleen Valley project from 2024. This represents approximately one-third of the project’s start-up production capacity of ~500,000 tonnes per annum.

This will complement the definitive full-form offtake agreement the company has signed with LG Energy Solution. That agreement is for the supply of 100,000 dry metric tonnes in the first year, increasing to 150,000 tonnes per year in subsequent years.

But it is unlikely to stop there. The company recently confirmed that it continues to progress negotiations with other potential tier-one global customers that would complement its offtake strategy.

Are its shares in the buy zone?

One broker that appears to see a lot of value in the Liontown share price is Macquarie.

Last week the broker retained its outperform rating and $2.50 price target on the company’s shares. This is almost double the current Liontown share price.

The post What’s coming up for the Liontown share price in June? appeared first on The Motley Fool Australia.

More reading

• Here are the 3 most traded ASX 200 shares on Friday
• ASX 200 midday update: Healius disappoints, BHP and Fortescue storm higher
• It was an eventful month for Liontown shares in May. Here’s what went down
• Which ASX lithium shares are rebounding on Thursday, and which are not?
• Is this the real reason ASX lithium shares cratered on Wednesday?

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 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.

from The Motley Fool Australia https://ift.tt/4qGUHz5

The start of the COVID-19 pandemic seems like a long time ago now. 

If you cast your mind back to 2020, most of the developed world was in lockdown. The Australian government then not unreasonably called for an independent enquiry into the origins of the coronavirus.

But China took exception to this suggestion and started a wave of economic punishments designed to pressure and make an example out of Australia.

Massive losers from frosty Canberra-Beijing relations

Two of the biggest victims out of that breakdown in diplomatic relations were Treasury Wine Estates Ltd (ASX: TWE) and A2 Milk Company Ltd (ASX: A2M).

Heavy tariffs on Australian wines and a complete slowdown in daigou sales channels downgraded the companies’ earnings almost instantly.

Treasury shares are still 9% down from August 2020, and the A2 Milk stock price has plunged 76% since July 2020.

Yikes.

But a potential turning point in Australia-China relations came two weeks ago when Labor won the federal election.

Many analysts predicted that an ALP government would thaw Canberra’s frosty relationship with Beijing.

After all, it couldn’t get any worse.

Could a Labor government revive A2 Milk and Treasury Wine?

So one curious investor wondered whether it is now time to wade back into A2 Milk and Treasury Wine, ahead of better diplomatic relations with China.

Shaw and Partners portfolio manager James Gerrish gave his thoughts on this in his regular Market Matters Q&A.

He said his team agrees with that line of thinking.

“Your thoughts are definitely one of the reasons Market Matters is long Treasury Wines,” he said.

“But like A2 Milk, it has delivered a few false dawns over recent times.”

Gerrish suspected new Prime Minister Anthony Albanese can only improve Australia’s rapport with China.

“But the companies also need to start delivering results — hence the answer is a cautious yes.”

The broader analyst community seems to agree with Gerrish’s team that currently Treasury looks the better bet.

According to CMC Markets, six of 11 professionals rate Treasury Wine shares as a buy. Meanwhile, only three out of 14 analysts say the same about A2 Milk.

The post Is it time to buy A2 Milk and Treasury Wines for better China relations? appeared first on The Motley Fool Australia.

More reading

• These were the best performing ASX 200 shares last week
• The Treasury Wine share price has leapt 6% in 3 weeks. Why this top broker is tipping more gains
• Top broker names 2 of the best ASX shares to buy in June
• What to do with these 3 pummelled ASX shares: advisor
• Can A2 Milk shares cash in on a US deal like Bubs?

from The Motley Fool Australia https://ift.tt/yMpGgo4

If you’re a growth investor with room for some new portfolio additions in June, then it could be worth considering the two ASX growth shares listed below.

Here’s what you need to know about these buy-rated ASX shares:

Aristocrat Leisure Limited (ASX: ALL)

The first ASX growth share that could be a buy is Aristocrat. It is a gaming technology company with a portfolio of world class pokie machines and digital games.

In respect to the latter, the company’s growing Pixel United portfolio includes popular games such as Raid: Shadow Legends, Heart of Vegas, Mech Arena, and Vikings: War of Clans. These are generating significant recurring revenues from their millions of daily active users.

Analysts at Citi are very positive on Aristocrat and believe it is well-placed for growth. Citi commented: “Aristocrat represents a compelling long-term growth story, with exposure to ongoing growth in mobile game penetration and potential to grow into new markets.”

The broker currently has a buy rating and $41.00 price target on the company’s shares.

Xero Limited (ASX: XRO)

Another ASX growth that could be in the buy zone is Xero. It is a cloud-based accounting solution platform provider to small and medium sized businesses globally.

Xero recently released its FY 2022 results and revealed a 29% increase in revenue to NZ$1.1 billion and a 28% jump in annualised monthly recurring revenue (AMRR) to NZ$1.2 billion. This was underpinned by a 19% increase in total subscribers to 3.3 million thanks to growth in all markets.

The good news is that Goldman Sachs expects this strong form to continue. It is forecasting a 26.5% increase in revenue to NZ$1.387.1 billion in FY 2023. After which, it is expecting Xero’s revenue to reach almost NZ$2 billion by FY 2025.

But it is unlikely to stop there given its total addressable market of 45 million subscribers globally and plans to monetise its growing user base with its app store.

Goldman Sachs has a buy rating and $118.00 price target on its shares.

The post 2 stellar ASX growth shares analysts are tipping as buys this month appeared first on The Motley Fool Australia.

More reading

• Why are ASX 200 tech shares having such a cracking Friday?
• Xero share price has 19% upside potential, top brokers say
• Buy these 2 ASX shares going for a 25% discount: Morgans
• Experts pick 2 ASX shares to buy that move wealth around
• Why did the Xero share price go backwards in May?

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 Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/kLiVCjp

Last week saw a number of broker notes hitting the wires once again. Three buy ratings that investors might want to be aware of are summarised below.

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

Lottery Corporation Ltd (ASX: TLC)

According to a note out of Morgans, its analysts have initiated coverage on this lottery company’s shares with an add rating and $5.40 price target. Morgans is very positive on the company due to its defensive qualities and positive growth outlook. It highlights that lottery ticket sales are resilient to economic cyclicality, its cash flows are steady and predictable, and there is a low ongoing need for capex. The Lottery Corporation share price ended the week at $4.43.

Wesfarmers Ltd (ASX: WES)

Another note out of Morgans reveals that its analysts have retained their add rating but trimmed their price target on this conglomerate’s shares to $58.40. This follows the company’s strategy update, which provided insights into the growth opportunities available for each of its business divisions. In addition, Morgans was pleased that management is confident it can navigate through a more cautious consumer environment. The Wesfarmers share price was fetching $47.15 at Friday’s close.

Westpac Banking Corp (ASX: WBC)

Analysts at Citi have retained their buy rating and $29.00 price target on this banking giant’s shares. According to the note, the broker believes that lending-derived revenue growth will be hard to come by in the near future. Instead, it expects deposit-derived revenue to be the key growth driver as rates rise and credit slows. In light of this, it expects the current valuation gap between asset growing and revenue challenged banks such as Westpac will close. The Westpac share price ended the week at $24.00.

The post Top brokers name 3 ASX shares to buy next week appeared first on The Motley Fool Australia.

More reading

• What’s in store for the Wesfarmers share price in June?
• Down 9% in a week, is the Lottery Corp share price a buy? 
• What are brokers forecasting for the Westpac share price in June?
• 2 more of this broker’s best ASX share ideas for June
• 5 things to watch on the ASX 200 on Friday

Motley Fool contributor James Mickleboro has positions in Westpac Banking Corporation. 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 positions in and has recommended Wesfarmers Limited. The Motley Fool Australia has recommended Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/eHmS9fn

Interested in investing in the ASX share market? It can be tricky for beginners to know which ASX shares to buy first when starting an investment portfolio.

The idea of being able to own a small part of a business like Telstra Corporation Ltd (ASX: TLS) or Domino’s Pizza Enterprises Ltd (ASX: DMP) sounds intriguing. Some people like to start their investing journey by investing in the businesses they are familiar with.

But there are more potential investments out there than just the most well-known brands.

It can also be important to keep the concept of diversification in mind. By building a well-balanced portfolio that includes a range of companies in different sectors, you can spread the risk between them, safeguarding against wipe-out if one or two investments fail to fly.

However, it can take a while to build a suitably diversified portfolio. One answer for rapid diversification might be to pick an exchange-traded fund (ETF) for your first investment.

An ETF can represent an entire portfolio of dozens, hundreds or even thousands of shares, depending on the ETF. It can provide instant diversification.

There are plenty of ASX companies and ETFs to invest in should you choose.

Some ETFs track a broad index, such as the S&P/ASX 300 Index (ASX: XKO). That’s 300 of the biggest businesses on the ASX. The ETF that tracks this is the Vanguard Australian Shares Index ETF (ASX: VAS).

There are also ETFs that give investors exposure to specific industries such as the VanEck Video Gaming and Esports ETF (ASX: ESPO).

However, for those Aussies looking for an investment option that has a climate change or ethical slant to it, I think the ETF I’m about to outline ticks all the boxes.

BetaShares Global Sustainability Leaders ETF (ASX: ETHI)

This ETF is invested in 200 businesses across the globe, so it ticks the diversification box.

The companies are from many different countries including the United States, Japan, the United Kindom, Switzerland, the Netherlands, France, Hong Kong, Germany, Denmark and other countries.

The fund is quite a unique investment because of the process it follows to pick its holdings.

The selection process starts with the global large-cap share market. The list is whittled down to companies that are in the top one-third of performers in terms of carbon efficiency in their industry, or are involved in helping reduce carbon use in other industries.

Next, the ETF excludes a range of businesses that aren’t deemed to be socially or environmentally “acceptable”. This way of selection/exclusion is known as ESG investing.

It excludes businesses that are involved in producing fossil fuels. No companies are allowed in the portfolio that are significantly engaged in weapons, gambling, alcohol or junk foods.

Other exclusions are companies with human rights or supply chain issues, and companies that lack gender diversity on the board.

In terms of what the ETHI ETF actually owns, these are some of the biggest positions: Visa, Home Depot, Apple, Mastercard, Nvidia and Toyota.

Foolish takeaway

I think that this ETF is a good option for beginner investors who want diversification and to be invested in companies that appear to be doing the ‘right’ thing.

Past performance is not a reliable indicator of future performance, particularly in the current volatile environment, but over the three years to April 2022, the ETHI ETF has returned an average of 17% per year despite the volatility.

And in my opinion, the BetaShares Global Sustainability Leaders ETF looks to be better value to buy after dropping almost 20% in 2022 so far.

The post One ASX share price opportunity I couldn’t pass up if I started investing today appeared first on The Motley Fool Australia.

More reading

• 2 popular ETFs that could be buys for ASX investors
• 2 ETFs I’d buy in June 2022
• 2 great ETFs I’d buy for my portfolio

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 positions in and has recommended Telstra Corporation Limited. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited, REA Group Limited, and VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/zpeUotk

The Sonic Healthcare Ltd (ASX: SHL) share price has seen plenty of volatility over the last two and a half years.

Adding its 20% decline in 2022 to the equation, I believe that the company’s beaten-down share price now offers compelling value.

Sonic Healthcare has medical diagnostic operations in several countries including Australia, the United States, Germany, the United Kingdom, Switzerland, Belgium and New Zealand. It also has clinical services and a growing radiology division.

A pathology business may sound a little boring, but I think there’s plenty to be excited about. Here are three reasons why I think Sonic Healthcare is an attractive long-term opportunity.

1. Acquisitions

The company has made a number of acquisitions in recent times, which I think will unlock longer-term growth for the ASX healthcare share.

In the FY22 first half, Sonic Healthcare put $585 million into acquisitions and investments.

That includes the ProPath acquisition in Dallas, Texas, which added US$110 million of revenue. The Canberra Imaging Group deal added A$60 million of revenue to the business.

It also invested in Harrison.ai for a 20% stake and established a pathology joint venture.

Sonic says that artificial intelligence has significant potential to enhance diagnostic accuracy, reproducibility and efficiency in pathology and radiology.

The company added that its deep clinical expertise, combined with Harrison.ai’s proven AI methodologies, were set to create a “powerful force” in healthcare AI.

2. Ongoing core revenue growth

In my opinion, one of the more important things that a business needs to be able to deliver good investment returns is decent revenue growth. It’s hard to grow profit if revenue isn’t rising.

Sonic Healthcare has benefited from high volumes of COVID-19 testing. But base revenue in the FY22 first half also rose by 4.3% year on year. Management is expecting ongoing growth of the base business, with “strong” underlying drivers, including a catch-up of testing postponed because of the COVID-19 pandemic.

Growth of the base business will help the core net profit after tax (NPAT) rise over time.

Sonic Healthcare has used its COVID testing cash windfall to make acquisitions and launch a share buy-back.

However, the ASX share is also expecting a sustainable level of COVID testing in the future including “routine COVID-19 testing, screening programs, variant testing, whole-genome sequencing, [and] antibody tests”.

There are still many thousands of PCR tests being done in Australia, although Sonic is not responsible for all of them. For example, New South Wales reported that 30,006 PCR tests were conducted in the 24 hours prior to 4pm on 1 June 2022.

3. Dividends

While Sonic Healthcare’s dividend yield is not exactly huge, its progressive dividend policy means that the dividend is steadily growing.

The trailing dividend yield is 2.6% at the current Sonic Healthcare share price, excluding the effect of franking credits.

In my opinion, an ASX share that pays dividends can usually offer a handy boost for returns for shareholders.

The post Why I think the Sonic Healthcare share price is a buy appeared first on The Motley Fool Australia.

More reading

• I’d invest $5,000 into these excellent ASX shares for the long term
• Is it reasonable to expect share price growth AND reliable dividends from ASX shares?
• 2 strong ASX dividend shares hiding in plain sight
• Broker names 3 more ‘champion’ ASX 200 shares to buy and hold

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 Sonic Healthcare Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/HijCofg

If you’re an income investor searching for new dividend shares to buy, it could be worth checking out the two listed below.

Here’s why they are rated as buys right now:

Adairs Ltd (ASX: ADH)

The first ASX dividend share that could be a buy is Adairs. It is the leading furniture and homewares retailer behind the Focus on Furniture, Mocka, and eponymous Adairs brands.

While trading conditions are tough right now, the team at Morgans remains upbeat and has an add rating and $3.50 price target on its shares.

Its analysts are expecting Adairs to bounce back strongly in FY 2023 thanks to the recent acquisition of Focus on Furniture and the launch of its new national distribution centre.

Morgans is also expecting some very big dividends in the near term. It is forecasting fully franked dividends of 19 cents per share in FY 2022 and 26 cents per share in FY 2023. Based on the current Adairs share price of $2.42, this will mean yields of 7.9% and 10.7%, respectively.

Mineral Resources Limited (ASX: MIN)

Another dividend share to look at is Mineral Resources. This mining and mining services company could be a top option for income investors that aren’t averse to investing in the resources sector.

This is because Mineral Resources has exposure to two of the hottest commodities in town right now – iron ore and lithium.

Goldman Sachs is very positive on the company and has a buy rating and $73.80 price target. Its analysts are forecasting the “more than doubling of group EBITDA to over A$2bn in FY23 driven by higher lithium and low grade iron ore prices, and a 5% increase to mining services volumes to ~300Mt.”

As for dividends, Goldman is forecasting fully franked dividends of 64 cents per share in FY 2022 and then 244 cents per share in FY 2023. Based on the latest Mineral Resources share price of $60.35, this will mean yields of 1% and 4%, respectively.

The post 2 ASX dividend shares that experts are tipping as buys right now appeared first on The Motley Fool Australia.

More reading

• One broker’s outlook for lithium supply and demand and what it could mean for ASX lithium shares
• Why was May such a shocker for the Adairs share price?
• 3 high-quality ASX 300 shares trading at 52-week lows today
• Mineral Resources share price dips despite new lithium partnership
• Why did the Mineral Resources share price slide today?

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 ADAIRS FPO. The Motley Fool Australia has positions in and has recommended ADAIRS FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/ur3NCiX

Exchange traded funds (ETFs) can be a fantastic way to balance out your portfolio. This is because ETFs provide investors with easy access to a large and diverse group of shares.

With that in mind, I have picked out two ETFs that are popular with investors right now. Here’s what you need to know about them:

Betashares Global Sustainability Leaders ETF (ASX: ETHI)

The first ETF for ASX investors to take a look at is the Betashares Global Sustainability Leaders ETF.

It could be a good option for investors looking for ethical options. That is because the ETF gives investors exposure to large global stocks that have been passed strict ESG screens and been identified as climate leaders. Among the shares included in the fund are the likes of Adobe, Apple, Home Depot, Nvidia, Toyota, and Visa.

Shaw and Partners’ Felicity Thomas recently rated the ETF as a buy. She told Livewire: “This is one of my favourites, so it’s definitely a buy for me. I really like that they do positive carbon screening. They also pay a 5.7% distribution yield, which is great.”

VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)

Another ETF that could be a top option is the VanEck Vectors Video Gaming and eSports ETF.

As its name implies, this ETF gives investors exposure to a portfolio of the largest companies involved in the video game industry. This includes video game developers and hardware providers.

VanEck highlights that these companies are in a position to benefit from the increasing popularity of video games and eSports. It notes that there are 2.7 billion active gamers worldwide, which is more than iPhone users and Netflix users combined.

Among the ETF’s major holdings are graphics processing units giant Nvidia and games developers Take-Two Interactive (GTA, Red Dead), Electronic Arts (FIFA, Sims, Apex Legends), and Roblox.

The post 2 popular ETFs that could be buys for ASX investors appeared first on The Motley Fool Australia.

More reading

• 2 ETFs I’d buy in June 2022
• I think these 2 ASX tech shares are buys in May
• 3 high quality ETFs for ASX investors to buy now
• 2 great ETFs I’d buy for my portfolio
• Here are 2 quality ETFs that are now a lot cheaper

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 VanEck Vectors ETF Trust – VanEck Vectors Video Gaming and eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

from The Motley Fool Australia https://ift.tt/h3xlWBf