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A new month is upon us, so what better time to look at making some new additions to your portfolio.
If you are interested in exchange-traded funds (ETFs), then it could be worth checking out the four in this article.
Here’s what you need to know about these ASX ETFs:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF for investors to look at is the BetaShares Global Cybersecurity ETF. This strong-performing ETF provides investors with exposure to the cybersecurity sector. which is forecast to grow very strongly over the coming decades. This is being driven by rising levels of cybercrime and more infrastructure shifting to the cloud. This bodes well for the companies included in the fund, such as Accenture and Palo Alto Networks.
Betashares Global Uranium ETF (ASX: URNM)
A second ASX ETF for investors to look at in July is the Betashares Global Uranium ETF. This fund aims to track the performance of an index that provides investors with exposure to the leading companies in the global uranium industry. This has been a great place to be over the last 12 months thanks to rising uranium prices. This has been driven by strong forecast demand for use in nuclear power and weak supply of the chemical element. Among its holdings are locally listed uranium stocks Boss Energy Ltd (ASX: BOE) and Paladin Energy Ltd (ASX: PDN).
Betashares Global Quality Leaders ETF (ASX: QLTY)
A third ASX ETF for investors to consider buying is the Betashares Global Quality Leaders ETF. It was recommended by Betashares’ chief economist, David Bassanese, last year. And it isn’t hard to see why. This fund allows investors to buy many of the highest quality companies that the world has to offer. At present, there are approximately 150 companies included in the ETF. These companies rank highly on four key metrics: return on equity, debt-to-capital, cash flow generation, and earnings stability.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
A final ASX ETF for investors to look at is the BetaShares S&P/ASX Australian Technology ETF. It could be a great option if you are lacking any meaningful technology exposure in your portfolio. That’s because it provides investors with access to the leading companies in a range of tech-related market segments. This includes information technology, consumer electronics, online retail and medical technology. This ETF was also recently highlighted as one to buy by the team at Betashares. The fund manager commented: “With the nascent adoption of AI, cloud computing, big data, automation, and the internet of things, there’s a good chance that the next decade’s major winners will come from the tech sector.”