Investing $3,000 in Top ASX ETFs for a Strong Recovery.

Investors with $3,000 to spare may consider putting it into the Betashares Nasdaq 100 ETF, Vanguard MSCI Index International Shares ETF, and VanEck Morningstar Wide Moat ETF. These ASX ETFs offer exposure to high-quality US and international stocks, and may be a smart move in May given the recent market pullback and attractive valuations.

A new survey reveals a significant increase in the demand for Nasdaq-100 products within 401(k) plans. According to the Annual Nasdaq-100® Retirement Plan Survey, nearly 80 percent of 401(k) plan participants recognize the importance of including a Nasdaq-100 product in their investment options, suggesting a new market opportunity for retirement plans [1].

The survey, conducted by Shelton Capital Management, found that close to 80 percent of participants believe it is important to include the Nasdaq-100 product in their investment options, with around 20 percent considering it extremely important. Nearly 45 percent of these participants already possess a product that tracks the Nasdaq-100 within their portfolios [1].

The Nasdaq-100 Index has been a significant benchmark for tech-driven companies, amassing over $300 billion in assets tied to the index. The index has given investors access to innovative brands that are transforming industries and the global economy. "The Nasdaq-100® captures the companies at the forefront of innovation – shaping how we live, work, and invest. As retirement portfolios evolve to reflect a changing economy, we're proud to support our partners who are helping investors gain exposure to its long-term growth potential," said Cameron Lilja, VP, Global Head of Product & Operations, Nasdaq Global Indexes [1].

Despite the high demand, allocation to Nasdaq-100 Index mutual funds makes up less than 1% of all 401(k) assets, a significant underrepresentation compared to the S&P 500 and other Large Cap Growth Indexes. This discrepancy presents an opportunity for financial advisors and investors to consider adding Nasdaq-100 products to their portfolios [1].

Investors with $3,000 to spare may consider putting it into the Betashares Nasdaq 100 ETF, Vanguard MSCI Index International Shares ETF, and VanEck Morningstar Wide Moat ETF. These ASX ETFs offer exposure to high-quality US and international stocks and may be a smart move in May given the recent market pullback and attractive valuations.

For financial advisors and their clients, SCM's Nasdaq-100 Index Fund, NQQQX, is an institutional share class mutual fund that seeks to replicate the performance of the Nasdaq-100 Index. It has an expense ratio of 0.27 percent, which is 64 percent lower than the average of its Morningstar peer group. In addition, the fund's investor share class, NASDX, is available to retail investors [1].

References:
[1] https://www.prnewswire.com/news-releases/national-survey-reveals-growing-demand-for-access-to-nasdaq-100-index-in-401k-plans-302437759.html