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These ETFs give investors easy access to large group of growth shares.
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James Mickleboro
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn't looked back since. James is part of the CFA Institute's Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
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If you're a growth investor and aren't sure which ASX shares to buy, then you could take a look at exchange-traded funds (ETFs).
That's because a number of ASX ETFs have been designed to provide investors with access to some of the best growth stocks that the market has to offer.
Here's what you need to know about these funds:
BetaShares Global Cybersecurity ETF(ASX: HACK)
The first ASX ETF for growth investors to look at isthe BetaShares Global Cybersecurity ETF. This popular fund provides investors with exposure to the rapidly growing cybersecurity sector. This could be a great place to be over the long term given that demand for cybersecurity services is expected to grow strongly over the coming decade as cybercrime becomes even more prevalent. Among the companies included in the fund are industry leaders such asAccenture,Cisco,Crowdstrike, andPalo Alto Networks.
BetaShares NASDAQ 100 ETF(ASX: NDQ)
Another ASX ETF for growth investors to look at is the even more popular BetaShares NASDAQ 100 ETF. This fund allows investors to buy a slice of many of the most well-known and highest-quality companies in the world. This includes tech behemoths such as Amazon, Apple, Meta (Facebook), Microsoft, and Nvidia. Given that these companies appear well positioned for strong and sustainable growth, this ETF is likely to tick a lot of boxes for growth investors.
VanEck Vectors Video Gaming and eSports ETF(ASX: ESPO)
A third ASX ETF that provides investors with access to the large group of growth shares is theVanEck Vectors Video Gaming and eSports ETF. As you might have guessed from its name, this fund is focused on the growing global video game market, which is currently estimated to comprise almost 3 billion active gamers (and growing). Among its holdings are gaming industry titans such asElectronic Arts,Nintendo,Roblox, andTake-Two.
Vanguard MSCI Australian Small Companies Index ETF(ASX: VSO)
A final ASX ETF for growth investors to consider this month is theVanguard MSCI Australian Small Companies Index ETF. This ASX ETF provides investors with easy access to approximately 200 small and mid-cap ASX shares. This includes a diverse range of companies such as uranium miner Boss Energy Ltd (ASX: BOE), auto parts retailer Bapcor Ltd (ASX: BAP), and audio-visual solutions company Audinate Group Ltd (ASX: AD8). And with small caps tipped to rebound when interest rates fall, now could be a good time to gain exposure to this side of the market.
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Motley Fool contributor James Mickleboro has positions in BetaShares Nasdaq 100 ETF. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Accenture Plc, Amazon, Apple, Audinate Group, BetaShares Global Cybersecurity ETF, BetaShares Nasdaq 100 ETF, Cisco Systems, CrowdStrike, Meta Platforms, Microsoft, Nvidia, Palo Alto Networks, Roblox, and Take-Two Interactive Software. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Electronic Arts and Nintendo and has recommended the following options: long January 2025 $290 calls on Accenture Plc, long January 2026 $395 calls on Microsoft, short January 2025 $310 calls on Accenture Plc, and short January 2026 $405 calls on Microsoft. The Motley Fool Australia has positions in and has recommended Audinate Group, BetaShares Global Cybersecurity ETF, and BetaShares Nasdaq 100 ETF. The Motley Fool Australia has recommended Amazon, Apple, Bapcor, CrowdStrike, Meta Platforms, Nvidia, and VanEck Vectors Video Gaming And eSports ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
