As well as diversifying a portfolio across sectors, it can be a smart move to diversify across countries.
The good news is that it is now easier than ever to do this thanks to exchange traded funds (ETFs).
Rather than having to open up an international brokerage account, ETFs can be bought in the same way that you would buy shares in ASX listed companies.
With that in mind, listed below are two top ETFs that allow investors to buy a large collection of international shares in one fell swoop. Here's what you need to know about them:
Vanguard MSCI Index International Shares ETF (ASX: VGS)
The first ETF for investing globally is the very popular Vanguard MSCI Index International Shares ETF.
This ETF gives investors easy access to around 1,500 of the world's largest listed companies from major developed countries such as the U.S, Japan, U.K, Canada, France, and Switzerland.
Another positive that Vanguard highlights is that the ETF offers greater access to sectors that aren't as well represented on the Australian share market such as technology and healthcare.
Among the global giants you'll be buying with this fund are Apple, LVMH Moet Hennessy Louis Vuitton, Nestle, Procter & Gamble, Shell, and Visa.
Vanguard U.S. Total Market Shares Index ETF (ASX: VTS)
Another ETF that provides investors with easy international exposure is the Vanguard Australian US Total Market Shares Index ETF.
As you might have figured out from its name, this ETF gives investors access to some of the largest (and smallest) companies listed in the United States.
Vanguard feels the ETF could be a top option for buy and hold investors. Particularly those that are seeking long-term capital growth, a little income, and international diversification.
Among the companies included in the ETF are household names such as Amazon, Apple, Boeing, McDonalds, Starbucks, and Walmart.