Do you run your own self-managed superannuation fund (SMSF) and want to make some new additions in October?
If you've said yes to both, then it could be worth considering the ASX exchange-traded funds (ETFs) named in this article.
Here's why these ETFs could be great additions to a balanced investment portfolio:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF that could be a buy for an SMSF is the BetaShares Asia Technology Tigers ETF. It provides investors with easy access to 50 of the best technology stocks from the Asian region. These technology tigers include online retail giant Alibaba, WeChat owner Tencent Holdings, Temu owner PDD Holdings, and search engine leader Baidu. Betashares notes that the fund "provides diversified exposure to a high-growth sector that is under-represented in the Australian sharemarket, and a complement to investors with U.S. technology exposure."
BetaShares Diversified All Growth ETF (ASX: DHHF)
A second ASX ETF to consider for your portfolio is the BetaShares Diversified All Growth ETF. This ETF, which was recently named as one to buy by BetaShares, gives investors access to ~8,000 large, mid, and small cap stocks from Australia, the US, developed markets, and emerging markets. The fund manager highlights that it has high growth potential and could be suitable for investors with a high tolerance for risk.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another top ASX ETF to look at is the BetaShares Global Cybersecurity ETF. This ETF gives investors an easy way to invest in the growing cybersecurity sector. This could be a great area of the tech sector to be invested over the long term. Betashares notes that "with cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future." Among the fund's holdings are cybersecurity leaders Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ASX ETF to consider for an SMSF is the VanEck Vectors Morningstar Wide Moat ETF. It is a fund that focuses on companies with sustainable competitive advantages and fair valuations. This focus has proven to be very successful for investors in the past. For example, over the past 10 years, the index the fund tracks has generated an average total return of 16.4% per annum. It's also worth noting that Warren Buffett looks for the same type of companies for his own investments. And given his track record over multiple decades, this focus seems to work!
