If you have $2,000 available to invest into the share market, then you may want to consider the ASX exchange-traded funds (ETFs) listed below.
They could be excellent options for investors that want to invest in groups of high quality companies. And who doesn't? Here's what you need to know about these funds:
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
The BetaShares S&P/ASX Australian Technology ETF could be worth considering. Betashares recently tipped the tech-focused fund as one to buy.
The fund manager highlights that "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."
Among its holdings are high-flying health imaging technology company Pro Medicus Limited (ASX: PME), cloud accounting platform provider Xero Ltd (ASX: XRO), and data centre operator Nextdc Ltd (ASX: NXT).
Betashares Nasdaq 100 ETF (ASX: NDQ)
The BetaShares NASDAQ 100 ETF could be another top option for a $2,000 investment.
That's because this ETF is home to many of the biggest and best companies that the world has to offer. This includes Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA).
Betashares notes that the Nasdaq 100 has outperformed over the last decade thanks largely to the innovation of the 100 companies included in the fund. And it appears to believe this could continue.
It highlights that "the largest 15 companies on the Nasdaq are the biggest R&D spenders, allocating an average of 16.9% of their revenues to R&D over the past 12 months. It has been this spending on innovation in areas like enterprise, cloud computing, cybersecurity, and more recently AI that has ultimately led to underlying growth."
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
Finally, the VanEck Vectors Morningstar Wide Moat ETF could be another top option for a $2,000 investment.
It has delivered market-beating returns for investors in recent years thanks to its focus on investing in high-quality companies with fair valuations and sustainable competitive advantages.
This is what Warren Buffett looks for when he is making investments for Berkshire Hathaway (NYSE: BRK.B). And given his track record over multiple decades, it certainly could pay (literally) to follow his investment lead.
This ASX ETF's holdings currently include customer relationship management platform provider Salesforce Inc (NYSE: CRM), entertainment behemoth Walt Disney Co (NYSE: DIS), and processed food giant Campbell Soup Company (NASDAQ: CPB).