If you’re wanting to invest in the tech sector but aren’t sure which shares to buy, then you might want to consider exchange traded funds (ETFs).
There are a number of ETFs out there that allow investors to buy a slice of some of the world’s biggest and brightest tech companies. Two such ETFs that will allow you to achieve this are listed below:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF to consider is the BetaShares Asia Technology Tigers ETF. As its name implies, this ETF gives investors exposure to some of the largest tech companies in the Asian market.
BetaShares believes this is a good place to invest, noting that technological adoption in Asia is surpassing the West. And while there are regulatory risks to consider in China, overall, the risk appears to be skewed to the upside given the strong growth potential of the shares included in the fund.
Speaking of which, at present there are a total of 50 companies included in the fund. Among its holdings you’ll find Alibaba, Infosys, JD.com, Kakao, Meituan, Pinduoduo, Samsung, Taiwan Semiconductor, and Tencent.
In respect to Tencent, it is a multinational technology conglomerate and one of the world’s largest companies. It is best known for its communication and social platforms, Weixin (WeChat) and QQ, which connect over a billion users with each other.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF to look at is the BetaShares Global Cybersecurity ETF. This popular ETF gives investors exposure to the leading companies in the global cybersecurity sector.
The cybersecurity sector has been growing rapidly in recent years. And due to increasing demand for cybersecurity services because of the growing threat of cyber attacks and the shift to the cloud, it has been tipped to continue doing so in the years to come.
Included in the fund are both global cybersecurity giants and emerging players from a range of global locations. Among the companies you’ll be buying a piece of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.
In respect to CrowdStrike, it provides the increasingly popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.