There are plenty of exchange traded funds (ETFs) for investors to consider buying on the Australian share market.
To narrow things down, let's take a look at three that could be top picks for investors with $5,000 to invest in July. They are as follows:
Betashares Cloud Computing ETF (ASX: CLDD)
The first ASX ETF that could be worth a look is the Betashares Cloud Computing ETF.
The shift to the cloud isn't slowing down, and this fund is an easy way to own a slice of the companies driving that transformation. It tracks an index of global cloud computing leaders like Microsoft (NASDAQ: MSFT), Amazon (NASDAQ: AMZN), Shopify (NASDAQ: SHOP), and Salesforce (NYSE: CRM). These companies power the digital economy, providing the infrastructure, software, and services that businesses around the world rely on every day.
From AI to streaming, cloud computing touches every part of modern life. This fund offers investors a targeted and diversified way to capture the long-term growth of this megatrend. It was recently named as one to consider by the team at Betashares.
Betashares Crypto Innovators ETF (ASX: CRYP)
If you think cryptocurrencies are more than just a fad, then the Betashares Crypto Innovators ETF could be worth considering this month.
This ASX ETF provides exposure to a global basket of companies that are building the crypto economy. It has been designed for investors who want to ride the long-term wave of crypto innovation, without the need to buy and store digital currencies directly.
Among its holdings are cryptocurrency miners, exchanges, and service providers. This includes names like Coinbase (NASDAQ: COIN) and MicroStrategy (NASDAQ: MSTR).
It is a high-risk, high-reward pick. But for those with a long-term horizon and a taste for disruption, it could deliver big upside potential over the next decade.
Betashares Global Cybersecurity ETF (ASX: HACK)
Finally, the Betashares Global Cybersecurity ETF could be a great pick for the $5,000.
This ASX ETF provides investors with exposure to a basket of companies at the forefront of defending digital infrastructure. It includes major players like Palo Alto Networks (NASDAQ: PANW) and CrowdStrike Holdings (NASDAQ: CRWD), which develop next-generation security software for governments and businesses.
With cyber threats showing no sign of slowing, just ask Qantas Airways Ltd (ASX: QAN), the companies in the Betashares Global Cybersecurity ETF appear to be well-positioned to benefit from increasing demand for at least the next decade.
