For those interested in making buy-and-hold investments but uncertain about selecting individual ASX shares, exchange-traded funds (ETFs) offer a convenient alternative. ETFs allow investors to gain exposure to a broad range of stocks with a single investment, simplifying the process of building a diversified portfolio.
Here are three ASX ETFs that stand out as potential long-term investment options:
BetaShares Global Cybersecurity ETF (ASX:HACK)
The BetaShares Global Cybersecurity ETF provides access to the growing cybersecurity sector. With projections suggesting that the global cybersecurity market could reach USD 1.5-2.0 trillion and is still significantly underpenetrated, this fund includes leading and emerging companies within the industry.
VanEck Vectors Morningstar Wide Moat ETF (ASX:MOAT)
The VanEck Vectors Morningstar Wide Moat ETF focuses on companies with significant competitive advantages. Known for their strong long-term performance, companies with wide moats often reflect the investment principles of Warren Buffett. The ETF has outperformed the market over the past decade, with its index generating an annual return of 17.6%.
Vanguard MSCI Index International Shares ETF (ASX:VGS)
The Vanguard MSCI Index International Shares ETF offers exposure to a broad range of companies from major developed markets, with around 1,500 holdings. This fund provides a means to diversify a portfolio and tap into global economic growth, featuring prominent companies such as Apple, Toyota, SAP, and LVMH Moet Hennessy Louis Vuitton.
These ETFs present various opportunities for investors seeking to diversify and benefit from different sectors and global markets.