If you're looking for an easy way to invest your hard-earned money, then exchange traded funds (ETFs) could be worth considering.
That's because rather than deciding on which individual shares you should put your money into, ETFs allow you to invest in a large group of shares via a single investment.
If that sounds appealing to you, then you might want to take a look at the two ETFs listed below that could be top options in August:
BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ETF for investors to consider in August is the BetaShares Global Cybersecurity ETF. This fund provides investors with exposure to the leaders in the global cybersecurity sector, which is heavily under-represented on the ASX.
It could be a top long term option because the sector is forecast to grow materially in the future due to the increasing importance of cybersecurity and rising cyber attacks. Among the companies in the fund are cybersecurity giants Accenture, Cloudflare, Crowdstrike, Okta, and Palo Alto Networks.
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.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Another ETF to consider in August is the VanEck Vectors Video Gaming and eSports ETF. As its name implies, this ETF gives investors access to a portfolio of the biggest and best companies involved in video game development, hardware, and esports.
Among its major holdings are graphics processing units giant Nvidia and games developers Take-Two Interactive (GTA and Red Dead series), Electronic Arts (FIFA, Sims, Apex Legends), Activision Blizzard (Call of Duty series), and Roblox Corp (the company behind the hugely popular Roblox global platform).
VanEck notes that these companies are in a position to benefit from the increasing popularity of video games and eSports. Another positive is that it gives investors the opportunity to diversify their portfolio by providing quality tech options outside FAANG stocks such as Apple, Amazon, and Meta (Facebook).
