I think ASX exchange traded funds (ETFs) can be an easy way to invest in long-term growth themes.
But which funds could have strong long-term growth potential?
Three that could deliver on this are named below. Here's what they offer investors:
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Betashares Global Cybersecurity ETF (ASX: HACK)
The Betashares Global Cybersecurity ETF could be a strong option for investors looking beyond traditional technology exposure.
Cybersecurity is no longer just an afterthought for businesses. It has become a boardroom, customer trust, regulatory, and business continuity issue.
Companies now rely on cloud platforms, remote workers, digital payments, online customer data, artificial intelligence tools, and connected devices. Each of these creates more points that need protecting.
This popular ASX ETF gives investors exposure to companies involved in areas such as identity security, endpoint protection, network defence, cloud security, and threat detection.
The growth case is straightforward. As more value moves online, more money is likely to be spent keeping it safe. This could bode well for holdings such as Palo Alto Networks (NASDAQ: PANW) and Fortinet (NASDAQ: FTNT).
Betashares Asia Technology Tigers ETF (ASX: ASIA)
The Betashares Asia Technology Tigers ETF offers a different type of technology exposure.
Many investors think of technology through a US lens, but Asia plays a huge role in the global digital economy.
The region is home to major companies involved in semiconductors, hardware, ecommerce, gaming, cloud services, digital platforms, and consumer technology. This includes WeChat owner Tencent Holdings and search and robotaxi giant Baidu (NASDAQ: BIDU).
That gives this ASX ETF exposure to both sides of the technology story. Asia helps build many of the components that power the digital world, while also serving enormous consumer markets that continue to adopt new online services.
It is worth noting that the fund is more concentrated than a broad global ETF, so investors should expect ups and downs. But given its strong long-term growth potential, the rewards could comfortably outweigh the risks.
Betashares S&P/ASX Australian Technology ETF (ASX: ATEC)
Finally, the Betashares S&P/ASX Australian Technology ETF brings the growth story closer to home.
This ASX ETF invests in Australian technology companies, giving investors exposure to a part of the local market that looks very different from banks and miners.
Its holdings can include businesses involved in software, digital marketplaces, payments, online services, and technology-enabled platforms. This includes Xero Ltd (ASX: XRO) and WiseTech Global Ltd (ASX: WTC).
This means that the fund gives investors a way to back local innovation without relying on one company to deliver.
It may not be as diversified as a broad market fund, and smaller technology shares can be sensitive to interest rates and investor sentiment. But if Australia continues producing globally competitive digital businesses, this fund could have plenty of long-term growth potential.
