If you don't have the funds to build a diverse portfolio, then exchange traded funds (ETFs) could be a good option. This is because ETFs allows you to invest in a large number of shares through just a single investment.
With that in mind, I have picked out three ETFs that trade on the ASX that could be good options for investors to look at right now. Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be a top option for investors wanting to gain exposure to the growing Asian economy. This ETF gives investors access to the biggest and best tech shares the region has to offer. This means you'll be owning a slice of companies such as ecommerce giants Alibaba and JD.com, search engine company Baidu, and WeChat owner Tencent.
BetaShares Global Cybersecurity ETF (ASX: HACK)
The BetaShares Global Cybersecurity ETF could be a great way to invest in the the global cybersecurity sector. This is because the fund is invested in many of the highest quality companies in the sector such as Accenture, Cisco, Cloudflare, Fortinet, Okta, Splunk, Zscaler, Crowdstrike, and Palo Alto Networks. Given how demand for cybersecurity services is expected to rise strongly over the coming years, these companies appear well-placed for growth over the 2020s.
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
A final ETF for investors to check out is the ETFS Battery Tech & Lithium ETF. This ETF offers investors exposure to the energy storage, battery production, and electrification megatrends. This is through investments in companies involved in the supply chain and production for battery technology. This includes companies such as AMG Advanced Metallurgical Group, Lockheed Martin, and Australian lithium miner Pilbara Minerals Ltd (ASX: PLS).