The good news for growth investors is that there are a lot of quality options out there to choose from on the Australian share market and globally.
But if you're not a fan of stock picking, then don't worry. That's because exchange-traded funds (ETFs) are here to make your life easy.
There are plenty available on the Australian share market that give investors access to groups of the best growth stocks that the world has to offer.
For example, the four ASX ETFs listed below could be quality options for growth investors in May. Here's what you need to know about them:
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BetaShares Asia Technology Tigers ETF (ASX: ASIA)
The BetaShares Asia Technology Tigers ETF could be a great option for growth investors. It provides investors with easy access to 50 of the best growth stocks that the Asian market has to offer. These are the technology tigers of the region and include online retail giant Alibaba, WeChat owner Tencent Holdings, Temu owner Pinduoduo, and search engine leader Baidu. Betashares notes that "ASIA provides diversified exposure to a high-growth sector that is under-represented in the Australian sharemarket, and a complement to investors with U.S. technology exposure."
BetaShares Global Cybersecurity ETF (ASX: HACK)
Another ASX ETF for growth investors to look at is the BetaShares Global Cybersecurity ETF. This fund provides investors with exposure to the cybersecurity sector. This could be a great place to invest based on the sector's outlook. Betashares notes: "With cybercrime on the rise, the demand for cybersecurity services is expected to grow strongly for the foreseeable future." Among its holdings are cybersecurity leaders Accenture, Cisco, Crowdstrike, and Palo Alto Networks.
VanEck Vectors Video Gaming and eSports ETF (ASX: ESPO)
Growth investors may also want to take a look at the VanEck Vectors Video Gaming and eSports ETF. This fund is focused on the growing global video game market, which is currently estimated to comprise almost 3 billion active gamers. Among its holdings are gaming industry titans such as Electronic Arts, Nintendo, Roblox, and Take-Two. VanEck notes that the companies included in the fund "are positioned to benefit from the increasing popularity of video games and esports."
Vanguard MSCI Australian Small Companies Index ETF (ASX: VSO)
If you want to invest locally, then a final ASX ETF for growth investors to look at is the Vanguard MSCI Australian Small Companies Index ETF. It 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) and audio-visual solutions company Audinate Group Ltd (ASX: AD8).
