With a new financial year upon us, now could be a good time to consider making some additions to your portfolio.
If exchange traded funds (ETFs) are of interest to you, then you might want to look at the two listed below. Here's what you need to know about them:
Image source: Getty Images
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be an ETF to consider. It is invested in 50 of the largest technology and ecommerce companies that have their main area of business in Asia (excluding Japan).
This means you'll be investing in companies that are at leading Asia's technological revolution. These are companies that have been tipped for strong long term growth due to the region's younger, tech-savvy population, which is surpassing the West in terms of technological adoption.
BetaShares notes that this is a high-growth sector that is under-represented in the Australian sharemarket, and a complement to investors with U.S. technology exposure.
Among the 50 shares in the fund are tech giants such as Alibaba, Baidu, Infosys, JD.com, Meituan Dianping, Pinduoduo, Samsung, and Tencent Holdings.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Over the last 12 months, there have been countless stories about hackers holding businesses to ransom. Unfortunately, this threat is not going away any time soon, rather it is expected to get worse in the future.
In light of this, demand for cybersecurity services and solutions is tipped to grow very strongly over the 2020s. This could make it well worth gaining exposure to the sector. And one way to achieve this is with the BetaShares Global Cybersecurity ETF.
This popular ETF gives investors access to the leading companies in the global cybersecurity sector. Included in the fund are both global cybersecurity giants and emerging players from a range of global locations. This includes Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
