The great thing about exchange traded funds (ETFs) is that they allow investors to buy a slice of many of the world's best companies in one fell swoop.
For example, the three ASX ETFs named below are filled to the brim with world class companies.
Here's why they could be top options for investors in February:
BetaShares NASDAQ 100 ETF (ASX: NDQ)
If you want to invest in the crème de la crème, then the BetaShares NASDAQ 100 ETF could be the one for you. It provides investors with the opportunity to invest in many of the biggest and best companies the world has to offer. These are the titans of our age and provide services that many of us use on a daily basis. This includes search engines, social media platforms, mobile phones, coffee stores, streaming services, and online shops.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another option to consider is the popular VanEck Vectors Morningstar Wide Moat ETF. It aims to buy high-quality companies that have fair valuations and sustainable competitive advantages (or wide moats). These are the types of companies that Warren Buffett buys. And given his track record over multiple decades, this investment strategy appears to work. At present, there are around 40 stocks included in the ETF.
Betashares Australian Quality ETF (ASX: AQLT)
If you want to invest in the best shares that Australia has to offer, then the Betashares Australian Quality ETF could be the one for you. Betashares named it as one of its top ideas for 2024. It highlights that it offers investors access to a portfolio of quality companies that has the potential to produce long-term performance superior to that of the relevant broad share market benchmarks.