I am 20M, entering uni in 2021 with emergency funds set aside and scholarship, thankfully. I am able to side hustle and DCA 1k monthly, long term investment. More details below, any advice?

Hi there! While you can DCA into a single ETF, many clients find that the Equity100 portfolio offers greater benefits. For one, it is built on a smart beta approach that tilts towards growth, large-cap, and low volatility factors. As such, it contains not just the QQQ but also ETFs like S&P 500 UCITS ETF, iShares MSCI EAFE ETF and more.

To optimize the Equity100 portfolio for better risk-adjusted returns over the long term, we will also dynamically manage the factors our customers are exposed to based on broader cyclical trends.

You can also DCA into the Equity100 portfolio with small amounts each time. Your funds will be used to purchase a diversified selection of ETFs, and you need not pay any brokerage fees.

For more personalised recommendations, please feel free to speak with our friendly wealth experts for a complimentary consultation!

Any ETF (or ETFs) which holds multiple stocks in multiple industries is generally diversified. On the low end this is usually 30 different stocks if you're individually stock picking. Since you aren't stock picking, you can choose just one or two of the ETFs which hold a lot of companies (like QQQ as you mentioned).