If you have $2,000 to invest in the share market but aren't a fan of picking stocks, then exchange-traded funds (ETFs) could be the answer.
That's because they remove the need to pick stocks by allowing you to buy a slice of a large group of shares in one fell swoop. In some cases this can be hundreds or even thousands of stocks.
But which ASX ETFs could be quality options for a $2,000 investment this month?
Let's take a look at three funds that could be top additions to a portfolio. They are as follows:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF for investors to look at is the BetaShares Global Cybersecurity ETF.
This popular fund provides investors with access to a side of the market that has been tipped to grow materially in the future. For example, Betashares highlights that "an estimate of the total addressable market by McKinsey suggests that the cybersecurity market is $1.5-$2.0 trillion globally, and at best only 10% penetrated with a very long runway for growth."
This bodes well for the companies in the fund, which could be destined to grow very strongly over the next decade and beyond. Among the ETF's holdings are Accenture, Crowdstrike, and Palo Alto Networks.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
Another ASX ETF that could be a top buy is the BetaShares S&P/ASX Australian Technology ETF.
As you might have guessed from its name, it provides investors with access to the leading Australian companies in a range of tech-related market segments such as information technology, consumer electronics, online retail and medical technology.
It was recently named as one to buy by the team at Betashares. The fund manager explains: "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. Despite Australia's sharemarket skewing heavily towards financials and resources, investors can gain direct exposure to Aussie tech stocks via ATEC."
Vanguard All-World ex-U.S. Shares Index ETF (ASX: VEU)
A final option for investors to look at is the Vanguard All-World ex-U.S. Shares Index ETF.
It provides investors with exposure to a massive ~3,500 companies listed in developed and emerging markets across the globe.
However, it does exclude companies from the United States. This makes it a good complement to popular US-centric ETFs, if you already own them. Though, if you don't, you may want to look for an alternative that does include stocks from the United States.
Among the ASX ETF's holdings are companies such as HSBC Holdings, LVMH Moet Hennessy Louis Vuitton, Samsung, and Taiwan Semiconductor.
