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One of the best ways to grow your wealth is to make long-term investments in the share market.
This allows investors to benefit from the power of compounding, which helps supercharge wealth creation.
But if you’re not a fan of stock-picking, don’t worry. That’s because there are exchange-traded funds (ETFs) out there that make life easier.
They allow investors to buy large groups of shares with a single click of the button, which removes the need to pick individual stocks.
With that in mind, let’s take a look at three ASX ETFs that could be quality options for investors looking to invest for the decade and beyond. They are as follows:
iShares S&P 500 ETF (ASX: IVV)
The first ASX ETF for buy and hold investors to look at is the iShares S&P 500 ETF.
This popular fund provides investors with exposure to the 500 largest listed stocks in the United States. Its holdings include giants like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Tesla (NASDAQ: TSLA), Walmart (NYSE: WMT), and Amazon (NASDAQ: AMZN).
The S&P 500 index has delivered strong returns over the long term, and given the quality of its holdings today, it wouldn’t be surprising to see this happen again over the next decade.
Betashares Asia Technology Tigers ETF (ASX: ASIA)
Another ASX ETF that could be a top pick for buy and hold investors is the Betashares Asia Technology Tigers ETF.
This fund gives investors access to some of the fastest-growing tech companies across Asia (excluding Japan). This includes Chinese, Taiwanese, and South Korean giants involved in ecommerce, semiconductors, and social media.
Among its holdings are the likes of Tencent (SEHK: 700), Taiwan Semiconductor Manufacturing Co. (NYSE: TSM), and Alibaba (NYSE: BABA), which provide diversified access to the region’s booming technology sector.
Betashares Global Cash Flow Kings ETF (ASX: CFLO)
Finally, the Betashares Global Cash Flow Kings ETF could be a top pick for the next decade.
This ASX ETF focuses on global stocks with consistently strong free cash flow. This means that by screening for businesses that generate more cash than they need to operate, the fund naturally tilts toward stocks with strong business models and financial discipline.
Its holdings currently include the likes of search giant Alphabet (NASDAQ: GOOG), payments leader Visa (NYSE: V), and wholesaler CostCo Wholesale (NASDAQ: COST).
It was recently named as one to consider buying by analysts at Betashares.