The great thing about exchange traded funds (ETFs), is that investors can use them for different strategies.
Whether you want income, growth, or defensive options, there's something out there for everyone.
On this occasion, we're going to look at a couple of ETFs that could be top options for growth investors. Here's what you need to know about them:
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ETF for growth investors to look at next week is the BetaShares Asia Technology Tigers ETF.
This popular ETF gives investors access to the biggest and best tech companies in the Asian market. Many of which look set to benefit greatly from China's reopening from the pandemic.
Among the ~50 technology and ecommerce companies included in the fund are the likes of Alibaba, Baidu, JD.com, Meituan Dianping, Pinduoduo, Samsung, and Tencent Holdings. The latter is the $620 billion tech company behind the widely used WeChat super app.
Vanguard MSCI Australian Small Companies Index ETF (ASX: VSO)
Another ETF for growth investors to consider when the market reopens is the Vanguard MSCI Australian Small Companies Index ETF.
As you might have guessed from its name, this ETF gives investors access to small cap Australian shares.
It aims to track the MSCI ASX Small Cap index, which is home to approximately 200 small companies. Vanguard notes that the sectors in which the ETF invests include industrials, materials, and consumer discretionary.
Among its holdings you will find auto parts retailer Bapcor Ltd (ASX: BAP), lithium miner Core Lithium Ltd (ASX: CXO), online furniture retailer Temple & Webster Group Ltd (ASX: TPW), and online travel agent Webjet Limited (ASX: WEB).
