2 top ETFs to buy in May 2021
There are some really good exchange-traded funds (ETFs) that investors can buy on the ASX.
Some ETFs haven’t been able to generate much returns in recent times. But others have done very well and could continue to do well because of the underlying portfolio:
VanEck Vectors Morningstar Wide Moat ETF (ASX: MOAT)
This is an ETF that is all about giving investors exposure to businesses with sustainable competitive advantages. Or, in Warren Buffett’s words, it’s about finding businesses with wide economic moats. That means it’s hard for competitors to cross that ‘moat’ and challenge the business.
The Morningstar equity research team look for these quality US companies that can pass the equity research process.