If you are lucky enough to have $10,000 burning a hole in your pocket and want to put it to work in the share market, then it could be worth checking out the exchange-traded funds (ETFs) listed below.
They offer investors easy access to a collection of quality companies from different sides of the share market.
Here is why these ASX ETFs could be top options for your hard-earned money when the market reopens next week:
Image source: Getty Images
BetaShares NASDAQ 100 ETF (ASX: NDQ)
The first ASX ETF that could be worth considering for a $10,000 investment next week is the BetaShares NASDAQ 100 ETF.
It provides investors with access to some of the best companies in the world. These are the 100 largest (non-financial) shares on the famous NASDAQ index on Wall Street.
It is here that you will find all the big tech giants such as Amazon, Apple, Microsoft, Nvidia, and Tesla. There are also well-known non-tech companies included in the fund such as Starbucks, Monster Beverage, Lululemon, and PepsiCo.
Given how bright their long-term outlooks are collectively, this ETF appears well-positioned to continue its market-beating run long into the future.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Another option for that $10,000 investment next week is the popular VanEck Vectors Morningstar Wide Moat ETF.
This ETF has delivered very strong returns for investors over the last five years. During this time, the fund has outperformed the market with an average total return of approximately 17.2% per annum.
This has been driven by its highly successful focus on investing in the types of companies that Warren Buffett buys for his Berkshire Hathaway (NYSE: BRK.B) business. These are high-quality companies that have fair valuations and sustainable competitive advantages (or wide moats).
Vanguard Australian Shares High Yield ETF (ASX: VHY)
Finally, if your focus is income, then you may want to look at the Vanguard Australian Shares High Yield ETF when the market reopens.
It allows investors to build a portfolio filled with many of the best ASX dividend shares on the Australian share market. This is done with diversity in mind, limiting how much it invests in any particular industry or company.
Among its 71 holdings are BHP Group Ltd (ASX: BHP), Coles Group Ltd (ASX: COL), Commonwealth Bank of Australia (ASX: CBA), and Transurban Group (ASX: TCL). At present, the ETF currently trades with a dividend yield of 4.8%.
