ETF recommendation please?

Discussion in 'Shares & Funds' started by Frank Manno, 18th Mar, 2020.

Join Australia's most dynamic and respected property investment community
Tags:
  1. Frank Manno

    Frank Manno Well-Known Member

    Joined:
    26th Sep, 2016
    Posts:
    444
    Location:
    Sydney
    Does anyone know of any good Australian ETF's I can look into buying that are not heavy on the financial sector?

    I own some VAS which is over 20% financials and I'd like to buy an ETF and don't want to load up on more financials.

    I looked at iShares but they don't seem to have anything that I can see suitable..


    -Frank
     
    Frank Manno, 18th Mar, 2020
    #1
  2. PandS

    PandS Well-Known Member

    Joined:
    14th Feb, 2017
    Posts:
    1,165
    Location:
    NSW
    PandS, 18th Mar, 2020
    #2
    Skinman, JohnPropChat and Perthguy like this.
  3. Frank Manno

    Frank Manno Well-Known Member

    Joined:
    26th Sep, 2016
    Posts:
    444
    Location:
    Sydney
    Frank Manno, 18th Mar, 2020
    #3
    willair and Perthguy like this.
  4. Fargo

    Fargo Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    1,304
    Location:
    Vic
    Why is IXI (consumer staples) not suitable. I would think it is very suitable for somebody with your disposition and risk tolerance. There are people linining up to get into supermarkets and emptying the shelves. It is up 10% this week.
     
    Fargo, 19th Mar, 2020
    #4
    Frank Manno likes this.
  5. rizzle

    rizzle Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    430
    Location:
    Melbourne
    upload_2020-3-19_11-48-24.png
    Wowsers check out that volatility.
     
    rizzle, 19th Mar, 2020
    #5
  6. Ariyahn2011

    Ariyahn2011 Well-Known Member

    Joined:
    2nd May, 2016
    Posts:
    640
    Location:
    Townsville
    vap is down a fair bit!
     
    Ariyahn2011, 19th Mar, 2020
    #6
  7. CTSB

    CTSB Well-Known Member

    Joined:
    28th Sep, 2017
    Posts:
    111
    Location:
    Melbourne
    .

    Its two biggest holdings are GMG & SCG no?

    Goodman is down.

    Scentre is down almost 10% - Scentre holds Westfields, with the whole retail sector being completely ****ed for the near future.
     
    CTSB, 19th Mar, 2020
    #7
    Ariyahn2011 likes this.
  8. Ariyahn2011

    Ariyahn2011 Well-Known Member

    Joined:
    2nd May, 2016
    Posts:
    640
    Location:
    Townsville
    Yep, picked up a small parcel with the view of topping up later if further falls continue.

    Man this Virus **** is the real deal. It's literally scary. Health before money anyhow!
     
    Ariyahn2011, 19th Mar, 2020
    #8
Self-Managed Super – Super your way

PFI provide our clients with the opportunity to purchase an investment property, together with performing equity investments from a wide range of ASX listed securities some providing monthly income. This is the value of advice.