If you're a growth investor but aren't keen on stock picking, then exchange-traded funds (ETFs) could be the answer. That's because some ASX ETFs provide you with exposure to a large group of growth shares through a single investment.
Three such ETFs are listed below. Here's what you need to know about them:
Image source: Getty Images
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The first ASX ETF for growth investors to check out this month is the BetaShares Asia Technology Tigers ETF. This ETF gives investors access to the best tech stocks in the Asian region (excluding Japan). Among the companies you will be buying with this ETF are regional giants such as e-commerce giant Alibaba, search engine leader Baidu, and WeChat owner Tencent.
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF to consider is the BetaShares Global Cybersecurity ETF. It provides investors with access to the growing cybersecurity sector. This means you'll be owning cybersecurity companies such as Accenture, Cisco, Crowdstrike, Okta, and Palo Alto Networks. Given how important cybersecurity is becoming, demand for services is expected to grow strongly in the future. This should be good news for the companies included in the fund.
ETFS Battery Tech & Lithium ETF (ASX: ACDC)
A final ASX ETF for growth investors to look at this month is the ETFS Battery Tech & Lithium ETF. As its name implies, this ETF invests in the leading companies in the battery technology and lithium industries. This includes companies involved in mining, battery production, and electric vehicles. Among its holdings are the likes of Allkem Ltd (ASX: AKE), BYD, Mineral Resources Limited (ASX: MIN), Nissan, Pilbara Minerals Ltd (ASX: PLS), Renault, and Tesla.
