Have money to invest? 2 ASX shares that could be buys - The Motley Fool Australia

Businesses that are good value may be long-term opportunities, particularly if analysts call them out as ideas.

Share prices are always changing, so different businesses can turn into opportunities, depending on the value.

These two ASX shares might be worthwhile considering:

VanEck Morningstar Wide Moat ETF (ASX: MOAT)

This exchange-traded fund (ETF) is offered by VanEck, one of the larger ETF providers.

As VanEck says, the idea behind the ETF is that it gives investors exposure to a diversified portfolio of attractively priced US companies with sustainable competitive advantages according to Morningstar’s equity research team.

The only businesses that are even candidates to make it into the ETF’s holdings are ones that have wide economic moats that can be sustained for a long period of time.

From those potential candidates, Morningstar assesses what a fair value for each of them is. If the business is at a good value compared to that fair value assessment then it may make into the portfolio.

At 27 August 2021, there were 48 businesses in the portfolio. Some of the names in there included Salesforce.com, Facebook, Alphabet, Kellogg, McDonalds, Microsoft, Pfizer, Yum! Brands, Adobe, Amazon.com, Blackrock and Berkshire Hathaway.

Past performance is not an indicator of future performance. However, VanEck Morningstar Wide Moat ETF has outperformed the S&P 500 over the longer-term. Over the last five years the ETF has returned an average return per annum of 19.35%,...



Read Full Story: https://www.fool.com.au/2021/08/31/have-money-to-invest-2-asx-shares-that-could-be-buys/

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