There are obviously lots of ways to go about building yourself a growth portfolio. One way is to focus on a thematic that you think has real potential and then figure out a way to gain diversified exposure to that theme.
One long-term growth theme that looks particularly appealing is the rise of the Asian region's middle class. The increasing prosperity of this population will demand more goods and services as their wealth increases and there are a number of ASX-listed companies that are well placed to benefit.
- Materials
BHP Billiton Limited (ASX: BHP) is a major exporter of commodities to Asian countries including China. While the commodities market is currently depressed, the long-term demand outlook for commodities remains sound.
- Energy
Woodside Petroleum Limited (ASX: WPL) is Australia's largest energy producer and exporter. Asia's demand for higher energy consumption is almost assured as the per capita income of its population increases.
- Financials
Australia has a well-developed financial services industry largely thanks to the massive funds directed into compulsory superannuation. The advanced state of this industry should make it well placed to export its skills and services into neighbouring Asian countries. AMP Limited (ASX: AMP) is one company that is set to benefit, having already established operations in China.
- Consumer Staples
Food and beverage is a particularly compelling opportunity for Australian-based businesses looking to profit from rising Asian incomes.
Bega Cheese Ltd (ASX: BGA) is a major manufacturer of dairy products, a segment which is growing in popularity throughout Asia.
Treasury Wine Estates Ltd (ASX: TWE) boasts an impressive stable of wine brands and with many Asian consumers developing a fondness for Australian wine, the company is also well placed to benefit.
