I would use my SRS to invest in SPDR S&P 500 ETF (S27.SI) because it offers diversified exposure to the U.S. market and GLD as a hedge against inflation, both to me are solid choice for long-term growth.
$BetaShares Global Energy Companies ETF(FUEL.AU)$ is the Australian equivalent to $Energy Select Sector SPDR Fund(XLE)$ . The Big Difference is the price point.If you are interested to get a piece of the action in the rising energy prices, this is indeed brilliant option especially if you have limited funds. $BetaShares Global Energy Companies ETF(FUEL.AU)$ offers you exposure to Mega energy companies like Exxon Mobil, Chevron in just 1 ASX Trade.$BetaShares Global Energy Companies ETF(FUEL.AU)$ is also a great hedge against high inflation and offers an important diversif
My thoughts are to go for long term investment plans and review it regularly since situations are ever changing esp with covid and ongoing war. Certainly hope that the war ends soon and may there be peace and loving kindness on Earth.