This weekend could be a time to research some quality ASX shares.
Shares have a good long-term track record of being able to grow over time. But who knows what's going to happen next in the short-term?
Businesses that are growing earnings give themselves a good chance of producing shareholder returns.
These two potential investments might be ones worth thinking about:
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Betashares Global Cybersecurity ETF (ASX: HACK)
BetaShares points out that there has been a large increase in online activity and information technology in recent years. But there has also been a strong growth in cybercrime.
Cybersecurity is important to keep governments, companies and households safe around the world. Key information is kept online.
This exchange-traded fund (ETF) is about providing investors an easy way to get exposure to a group of the world's leading cybersecurity companies.
Some of the businesses in the portfolio are world leading providers of virus protection and intrusion detection systems. BetaShares also pointed out that Cisco Systems is a leading world supplier of computer networking equipment, with a lot of experience in developing associated security systems.
The biggest positions in the portfolio include: Zscaler, Crowdstrike, Accenture, Okta, Cisco Systems, Cloudflare, Fortinet, Varonis Systems, Splunk and Palo Alto Networks.
Past performance is not an indicator of future performance, but since inception in August 2016 the ASX share has delivered an average return per annum of 21%.
Australian Ethical Investment Limited (ASX: AEF)
Australian Ethical is a fund manager that aims to enable people to get exposure to investments that have a positive impact without necessarily compromising returns. 'Ethics' is the starting point for the investment team.
Despite reporting continuing growth recently, the Australian Ethical share price has fallen around 18% since 25 May 2021.
Earlier this week, Australian Ethical gave a funds under management (FUM) update. It said that in the three months to 30 June 2021, Australian Ethical saw a 12% increase of FUM to $6.07 billion. That growth included $310 million of net flows, so almost half of that increase was driven by investors giving Australian Ethical more money to manage.
For the whole of FY21, Australian Ethical saw FUM growth of 56% from $4.05 billion to $6.07 billion. That included $1.03 billion of net flows.
The ASX share recently updated the market with its profit expectations for FY21. It said that its emerging companies fund will pay a performance fee of $2.89 million after outperforming its benchmark.
The performance fee revenue less tax and the constitutional grant to the Australian Ethical Foundation adds to guidance of underlying profit after tax previously announced. FY21 underlying net profit after tax is expected to be between $10.7 million and $11.2 million, a mid-point increase of 18% on FY21.
