Do you have $3,000 available to invest into the share market?
If you do, then the exchange traded funds (ETFs) in this article could be worth considering.
Here's what sort of stocks you would be buying with these funds:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF that could be a good option for a $3,000 investment when the market reopens is the BetaShares Asia Technology Tigers ETF.
It provides investors with easy access to the best tech stocks in the Asia region, but excluding the Japan market.
Many of the companies held by the fund are the region's equivalents of the biggest and best tech stocks in the West. These companies look well-positioned for the future thanks to Asia's growing middle class and its tech savvy population. The fund manager said:
Asia's population has now reached 4.5 billion, accounting for around 60% of the world's population1. It's not just the increase in numbers, but also demographic trends that are driving Asian growth. As Asian economies develop, education levels increase, and urbanisation proceeds, poverty levels are falling and income levels are rising. The growing ranks of the middle-class are expected to drive demand for goods and services in the region for the foreseeable future.
Among the BetaShares Asia Technology Tigers ETF's holdings are e-commerce leader Alibaba and Temu owner PDD Holdings.
BetaShares Diversified All Growth ETF (ASX: DHHF)
Another ASX ETF that could be a top option for a $3,000 investment next week is the BetaShares Diversified All Growth ETF.
This fund, which was recently named as one to buy by BetaShares, provides investors exposure to approximately 8,000 large, mid, and small cap stocks from Australia, the United States, and developed markets and emerging markets.
BetaShares notes that this means it has high growth potential and thinks that it could be suitable for investors with a higher than average tolerance for risk. It adds:
DHHF offers flexibility to those who wish to manage their own portfolios at the asset class level. It can be used as a tactical way for investors to implement the core equity component of their portfolio in a single trade. Satellite exposures can then be added as you see fit, or to achieve your preferred risk profile.
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
A third ASX ETF that could be worth considering for a $3,000 investment the BetaShares S&P/ASX Australian Technology ETF.
As its name implies, this popular fund gives investors access to the leading Australian companies in the tech sector.
It was also recently named as one to buy by analysts at Betashares. They note:
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 tech stars such as Pro Medicus Limited (ASX: PME), REA Group Ltd (ASX: REA), and Xero Ltd (ASX: XRO).