Vanguard Australian Shares High Yield (VHY) $75.00

The VHY ETF provides low-cost exposure to companies listed on the Australian Securities Exchange (ASX) that have higher forecast dividends relative to other ASX-listed companies. This is a popular ETF, with a market cap above $4.8bn, with a relatively small 0.25% management fee. Since its inception in May 2011, the fund has returned a grossed-up return of 9.47% pa, illustrating the benefits of long-term investing.

• We like this ETF for long-term “Buy & Hold” exposure to the ASX.