If you're a growth investor and aren't sure which ASX shares to buy, then you could take a look at exchange-traded funds (ETFs).
That's because a number of ASX ETFs have been designed to provide investors with access to some of the best growth stocks that the market has to offer.
Here's what you need to know about these funds:
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BetaShares Global Cybersecurity ETF (ASX: HACK)
The first ASX ETF for growth investors to look at is the BetaShares Global Cybersecurity ETF. This popular fund provides investors with exposure to the rapidly growing cybersecurity sector. This could be a great place to be over the long term given that demand for cybersecurity services is expected to grow strongly over the coming decade as cybercrime becomes even more prevalent. Among the companies included in the fund are industry leaders such as Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
BetaShares NASDAQ 100 ETF (ASX: NDQ)
Another ASX ETF for growth investors to look at is the even more popular BetaShares NASDAQ 100 ETF. This fund allows investors to buy a slice of many of the most well-known and highest-quality companies in the world. This includes tech behemoths such as Amazon, Apple, Meta (Facebook), Microsoft, and Nvidia. Given that these companies appear well positioned for strong and sustainable growth, this ETF is likely to tick a lot of boxes for growth investors.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
A third ASX ETF that provides investors with access to the large group of growth shares is the VanEck Vectors Video Gaming and eSports ETF. As you might have guessed from its name, this fund is focused on the growing global video game market, which is currently estimated to comprise almost 3 billion active gamers (and growing). Among its holdings are gaming industry titans such as Electronic Arts, Nintendo, Roblox, and Take-Two.
Vanguard MSCI Australian Small Companies Index ETF (ASX: VSO)
A final ASX ETF for growth investors to consider this month is the Vanguard MSCI Australian Small Companies Index ETF. This ASX ETF provides investors with easy access to approximately 200 small and mid-cap ASX shares. This includes a diverse range of companies such as uranium miner Boss Energy Ltd (ASX: BOE), auto parts retailer Bapcor Ltd (ASX: BAP), and audio-visual solutions company Audinate Group Ltd (ASX: AD8). And with small caps tipped to rebound when interest rates fall, now could be a good time to gain exposure to this side of the market.
