One of the best ways to grow your wealth is to make long term investments. That's because the longer you are invested, the more you can leverage the power of compounding.
For example, a single $10,000 investment compounding at 10% per annum would become $11,000 after one year, but then almost $70,000 in 20 years.
But what if you are not a fan of stock picking? Well, don't let that stop you from investing.
After all, there are exchange-traded funds (ETFs) out there that allow you to buy groups of high quality shares in one go.
Let's now see which ASX ETFs could be quality picks for investors looking to make long term buy and hold investments. Here are three to consider:
For investors that are bullish on Asia's long-term growth, the BetaShares Asia Technology Tigers ETF offers exposure to some of the region's most influential tech giants.
This ASX ETF is packed with companies leading Asia's digital transformation, excluding Japan. Holdings include Alibaba (NYSE: BABA) and PDD Holdings (NASDAQ: PDD), both of which are at the forefront of e-commerce and innovation. With Asia's rising middle class and increasing internet penetration, the demand for digital services, fintech, and AI is only expected to accelerate.
By investing in this fund, you gain exposure to high-growth technology leaders driving the future of Asia's economy while diversifying across multiple industries and markets.
If you are looking for a long-term buy and hold investment packed with high-quality companies, the BetaShares NASDAQ 100 ETF is hard to overlook.
This ASX ETF mirrors the performance of the Nasdaq 100 index, which is home to 100 of the largest non-financial companies listed on Wall Street. Among its holdings are Nvidia (NASDAQ: NVDA), the AI chip giant, and Apple (NASDAQ: AAPL), the world's most valuable consumer tech company.
Over the past two decades, the Nasdaq 100 has consistently outperformed broader market indices, and with ongoing tailwinds from artificial intelligence, cloud computing, and digital innovation, this ETF appears well-positioned to continue delivering strong returns over the next 20 years.
For those seeking a diversified portfolio of high-quality global companies, the BetaShares Global Quality Leaders ETF could be a top choice.
This fund focuses on companies with strong profitability, high returns on equity, low debt, and stable earnings—essentially, businesses with a proven track record of long-term success. It currently holds around 150 stocks across various sectors and regions, offering exposure to industries that are underrepresented in the Australian share market.
BetaShares' chief economist David Bassanese has singled out this ETF as a standout option for investors looking for resilient, high-quality businesses with the potential for strong, sustained growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.