With a new month upon us, what better time to look at your portfolio and see if there's room for a new addition of two.
If you're a fan of exchange traded funds (ETFs), then listed below are three that could be worth getting better acquainted with. Here's what you need to know about them:
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BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be a top option for investors that are bullish on the long term outlook of the Asian economy. That's because this ETF provides investors with easy access to a number of the most promising tech shares in the region. This means you'll be owning a slice of ecommerce giants Alibaba, Meituan Dianping, and Pinduoduo, as well as search engine company Baidu and WeChat owner Tencent.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another ETF for investors to consider in August. This very popular ETF gives investors exposure to the 100 largest non-financial shares on the famous NASDAQ index. These are many of the largest companies in the world and household names such as Amazon, Alphabet, Apple, Facebook, Microsoft, Netflix, Nvidia, and Tesla. And despite a recent rebound, the ETF is still down 22% this year. This could make it an opportune time to invest with a long term and patient view.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Finally, the VanEck Vectors Morningstar Wide Moat ETF could be another ETF to consider in August. This ETF gives investors access to a diversified portfolio of fairly valued companies with sustainable competitive advantages. At present, there are a total of approximately 50 US based stocks held by the fund. These include the likes of Amazon, Warren Buffett's Berkshire Hathaway, Boeing, Disney, Kellogg Co, Microsoft, and Salesforce.
