If you're a fan of growth shares, then you might want to take a look at the exchange traded funds (ETFs) listed below.
These ETFs give investors access to a collection of some of the highest quality growth shares in the world. Here's why they could be fantastic additions to most portfolios:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
This ETF gives investors exposure to some of the most exciting growth shares in the Asian market. These companies are revolutionising the lives of billions of people in the region and appear well-placed for growth over the next decade and beyond.
One of the shares in the fund is search engine giant Baidu. With Google banned in China, Baidu has filled the void and is dominating search in the lucrative market. In fact, Statista estimates that it has a 75% share of the search market in the country.
But Baidu is more than just a search engine. The company is also making great leaps with artificial intelligence and is aiming to be an autonomous vehicle powerhouse.
In respect to the latter, in February Baidu launched a multi-modal Mobility-as-a-Service pilot program. According to Forbes, this program integrates many different autonomous vehicle platforms, all using the company's Apollo autonomous driving solution.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ETF to consider is the BetaShares NASDAQ 100 ETF. This fund gives investors exposure to 100 of the highest quality growth shares that the world has to offer.
These are the largest non-financial companies on the famous Nasdaq index and includes the likes of Amazon, Apple, Facebook, Microsoft, Netflix, and Tesla.
The Nasdaq 100 has smashed the ASX 200 over the last few years. Positively, thanks to the quality of these companies and their very positive outlooks, the index (and therefore the ETF) look well-placed to continue this trend over the next decade.
