Saturday, November 9, 2024

3 of the best ASX ETFs to buy in June

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If you are looking for an easy way to invest your hard-earned money, then it could be worth looking at the exchange traded funds (ETFs) in this article.

Here’s why they could be high-quality options for investors in June:

Betashares Energy Transition Metals ETF (ASX: XMET)

The first ASX ETF for investors to look at in June is the Betashares Energy Transition Metals ETF.

It provides investors with easy exposure to global producers of copper, lithium, nickel, cobalt, graphite, manganese, silver, and rare earth elements. These are all metals that will be pivotal to the decarbonisation of the planet.

Betashares has named it on its list of 12 ASX ETFs ideas for 2024. It appears to believe the companies included in the fund are well-positioned to benefit from increasing demand for these metals.

It notes that “both electric cars and clean energy use notably more metals than their conventional counterparts, and many of these minerals have highly concentrated and insecure supply chains.”

Betashares Global Quality Leaders ETF (ASX: QLTY)

Another ASX ETF for investors to consider buying in June is the Betashares Global Quality Leaders ETF.

This ETF has a focus on investing in the highest quality companies that the world has to offer. This is of course never a bad thing.

At present, there are approximately 150 companies included in the fund. These companies rank highly on four key metrics: return on equity, debt-to-capital, cash flow generation, and earnings stability. Betashares’ chief economist, David Bassanese, recommended this ETF last year.

VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)

A third ASX ETF that could be a great option for investors in June is the VanEck Vectors Morningstar Wide Moat ETF.

This fund has a focus on companies with sustainable competitive advantages (or wide moats) and fair valuations. These are the qualities that Warren Buffett looks for when he makes investments for his Berkshire Hathaway (NYSE: BRK.B) business.

Buffett certainly is a good role model when it comes to investing. His investment focus has helped Berkshire Hathaway double the market return since all the way back in 1965.

The companies that the ETF invests in will change periodically to reflect valuations and changes to competitive advantages. But at present it includes tobacco leader Altria Group Inc (NYSE: MO), food company Campbell Soup (NYSE: CPB), beauty products company Estee Lauder (NYSE: EL), sportswear giant Nike (NYSE: NKE), and entertainment behemoth Walt Disney (NYSE: DIS).

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