If you are in an enviable position of having $10,000 to put into the share market, then it could be worth considering the exchange-traded funds (ETFs) in this article.
They provide investors with easy access to some of the best stocks in the world and could turn your money into something even more significant in the future.
Here's what you need to know about these ETFs:
Image source: Getty Images
BetaShares S&P/ASX Australian Technology ETF (ASX: ATEC)
The first ASX ETF for investors to consider is the BetaShares S&P/ASX Australian Technology ETF.
It provides investors with exposure to the best tech companies that the Australian share market has to offer. This includes companies from areas such as information technology, consumer electronics, ecommerce, and healthcare technology.
Among its holdings are health imaging technology company Pro Medicus Limited (ASX: PME), data centre operator Nextdc Ltd (ASX: NXT), logistics solutions company WiseTech Global Ltd (ASX: WTC), and cloud accounting platform provider Xero Ltd (ASX: XRO).
Betashares recently tipped this 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."
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ASX ETF to consider for a $10,000 investment is the BetaShares NASDAQ 100 ETF.
Investing in quality is always a great idea, and this ETF is filled to the brim with quality. In fact, it arguably has the highest concentration of quality that you will find anywhere in the world.
The BetaShares NASDAQ 100 ETF is home to 100 of the largest non-financial companies on the famous Nasdaq index. This includes companies such as AI chip manufacturer Nvidia (NASDAQ: NVDA), iPhone maker Apple (NASDAQ: AAPL), search giant Alphabet (NASDAQ: GOOG), and software behemoth Microsoft (NASDAQ: MSFT).
The NASDAQ 100 has smashed the market over the past decade. And given its quality, it would not be surprising if it continued this trend over the next decade.
iShares S&P 500 ETF (ASX: IVV)
Finally, the iShares S&P 500 ETF could be another great ASX ETF to buy with that $10,000.
This fund contains many, if not all, the companies you will find in the BetaShares NASDAQ 100 ETF and then some more. In total, it has 500 holdings from all corners of the share market, which makes it a more diversified proposition than the others.
Among its holdings are the likes of Apple, Exxon Mobil (NYSE: XOM), McDonald's (NYSE: MCD), Microsoft, Starbucks (NASDAQ: SBUX), and Walmart (NYSE: WMT).
