Business
Looking for diversification? Try this ASX ETF
Exchange-traded funds (ETFs) are often hailed for the diversification they can bring to one’s share portfolio. Since an ETF is a fund, it holds a basket of underlying shares within it.
The level of diversification offered by an ETF, however, can vary in scale and scope. Some ETFs cover specific industries, some cover the share markets of an entire country and some cover markets spanning multiple countries. These separate categories offer different types of diversification, some of which may suit certain investors more than others.
On that note, let’s take a closer look at one ASX ETF that offers more diversification than almost any other. That ETF is the Vanguard MSCI Index International Shares ETF (ASX: VGS).
A highly-diversified…
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