POWERED BY MOMENTUM MEDIA
Global markets open opportunities for ETFs
Exchange-traded fund (ETF) managers are seeing favourable conditions for global equities, with cheap companies and a strong dollar making for good value.
BlackRock global investment specialist James Holt said the areas of global healthcare, consumer staples and IT companies are offering value for global investors at present.
"China is entering its next stage of development and becoming a more consumer-based economy. As a result, demand for middle-income consumer goods is on the increase," Holt said.
Hold said leading IT brands, which were expensive a decade ago, are now trading at very cheap levels.
As well as IT, healthcare companies are also cheap at the moment, and will only benefit from an ageing population, Hold said.
Meanwhile the global consumer staples sector offers diversification opportunities for Australian investors, as the sector is 30 times larger than Australia's domestic consumer staples sector.
Director of intermediary sales for iShares, Tom Keenan, said that ETFs were one of the most effective ways investors could access international markets, due to their high liquidity, low cost and ability to react to changing market conditions quickly and simply.
AUTHOR
Ashleigh McIntyre
Recommended for you
The Super Members Council has outlined a bold reform plan to boost productivity, lift retirement savings, and unlock super’s full potential.
Women beginning their careers in 2025 could retire with hundreds of thousands of dollars more in super due to the 12 per cent super guarantee rate, HESTA modelling shows.
The two funds have announced the signing of a non-binding MOU to explore a potential merger.
The board must shift its focus from managing inflation to stimulating the economy with the trimmed mean inflation figure edging closer to the 2.5 per cent target, economists have said.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
88.01 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
72.60 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
44.46 3 y p.a(%)
4
Pengana High Conviction Equities B
39.12 3 y p.a(%)
5
Pengana High Conviction Equities A
39.05 3 y p.a(%)
