Are you wanting to make some buy and hold investments, but don't like stock picking?
Well, the solution could be exchange-traded funds (ETFs).
They allow investors to buy groups of shares in one go, which means they can diversify a portfolio quickly and reduce investment risk.
But which ASX ETFs could be good buy and hold options? Listed below are a few that could be worth a closer look:
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BetaShares Diversified All Growth ETF (ASX: DHHF)
The first ASX ETF to consider for a buy and hold investment 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.
Commenting on the fund, Betashares said:
If you prefer a 'hands-off' approach, an all-in-one diversified ETF like DHHF Diversified All Growth ETF offers a simple way to put your strategy into place. It provides exposure to around 8,000 small, medium, and large companies from Australia, developed markets, and developing markets. DHHF rebalances the portfolio quarterly to ensure allocations stay close to the strategic asset allocation targets.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF that could be a great buy and hold option is the BetaShares Global Cybersecurity ETF.
This popular fund gives investors an easy way to invest in the growing cybersecurity sector, which could be a great area of the tech sector to be over the long term. Betashares notes:
With cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future. In one trade, get diversified, cost-effective exposure to global cybersecurity companies, a sector that is heavily under-represented on the ASX. The Fund's portfolio includes global cybersecurity giants, as well as emerging players, from a range of global locations.
Among its holdings are cybersecurity leaders Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
A final ASX ETF that could be a great buy and hold option is the VanEck Vectors Morningstar Wide Moat ETF.
This fund focuses on companies with sustainable competitive advantages and fair valuations, which are qualities Warren Buffett looks for when making investments.
Commenting on the fund, VanEck said:
A company with a wide moat is considered to have a sustainable competitive advantage that will remain for at least twenty years. This makes wide moat companies very attractive for investors as the company's profits and market share are highly likely to be protected over the long term.
