A new month is here, so what better time to make some new additions to your investment portfolio.
If exchange traded funds (ETFs) are on your radar and growth is your game, then it could be worth taking a look at the three listed below.
Here's why they could be top picks for growth investors in January:
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Betashares Australian Quality ETF (ASX: AQLT)
The first option for investors to look at in January is the Betashares Australian Quality ETF.
This ASX ETF provides investors with exposure to the largest Australian companies but weights them by their quality attributes rather than size.
Betashares notes that this results in a more balanced portfolio profile with an emphasis on quality. The fund manager recently tipped this ETF as a buy and a potential way to outperform the market.
It notes that "quality companies are defined by their high return on invested equity, low levels of leverage and earning stability." It adds that "historically, companies with these attributes have outperformed broader benchmarks while displaying defensive properties."
Its largest holdings currently include Pro Medicus Limited (ASX: PME) and Commonwealth Bank of Australia (ASX: CBA).
BetaShares Diversified All Growth ETF (ASX: DHHF)
Another ASX ETF to look at this month is the BetaShares Diversified All Growth ETF. It was also recently named as a buy by the team at BetaShares.
The fund manager notes that this ETF provides exposure to a globally diversified portfolio of approximately 8,000 stocks. Its holdings span large, mid, and small-cap companies across Australia, the US, developed markets, and emerging markets.
BetaShares feels this could make it an attractive option for investors aiming to build wealth over the long term while capitalising on the growth potential of leading companies worldwide.
BetaShares Asia Technology Tigers ETF (ASX: ASIA)
A third ASX ETF for growth investors to look at in January is the BetaShares Asia Technology Tigers ETF.
This popular ETF offers investors easy access to some of the highest quality and innovative technology companies in the Asia-Pacific region (excluding Japan). It has been designed to tap into Asia's rapidly expanding tech sector, which is being driven by a growing middle class and a tech-savvy population.
Many of the companies in this fund, such as e-commerce giant Alibaba and PDD Holdings, the parent company of Temu and Pinduoduo, appear well-positioned for long-term growth. That's because these companies are at the forefront of Asia's tech revolution and are benefiting from the region's transformation into a global technology hub.
