2 top ETFs for ASX growth investors to buy in July

Iluka share price 3D white rocket and black arrows pointing upwards

Iluka share price 3D white rocket and black arrows pointing upwards

If you’re wanting to invest in growth shares but aren’t sure which ones to buy, then you might want to consider exchange traded funds (ETFs).

There are a number of ETFs out there that allow investors to buy a slice of some high quality growth shares through a single investment. Two such ETFs that will allow you to achieve this are listed below:

BetaShares Asia Technology Tigers ETF (ASX: ASIA)

The first ETF for growth investors to look at is the BetaShares Asia Technology Tigers ETF. It gives investors exposure to approximately 50 of the most promising tech companies in the Asian market but excluding Japan. Among the fund’s top holdings you will find tigers such as Alibaba, Baidu, Infosys, JD.com, Kuaishou Technology, Meituan Dianping, Pinduoduo, Samsung, Tencent.

In respect to Pinduoduo, it is an ecommerce platform that offers a wide range of products. This includes everything from daily groceries to home appliances. Pinduoduo connects distributors with consumers directly through an interactive shopping experience and allows the latter to team up to buy items in bulk at lower prices. At the last count, the company had a massive 880 million active customers.

BetaShares Global Cybersecurity ETF (ASX: HACK)

Another ASX ETF for growth shares to consider is the BetaShares Global Cybersecurity ETF. As its name implies, this ETF gives investors exposure to the leading companies in the global cybersecurity sector.

Among the growth shares included in the fund are global cybersecurity giants and emerging players from a range of global locations. Both of which look well-positioned to benefit from the increasing demand for cybersecurity services as cyber attacks increase. Among the companies you’ll be buying a piece of are Accenture, Cisco, Cloudflare, Crowdstrike, Okta, and Splunk.

In respect to CrowdStrike, it is a provider of incident response and forensic analysis services via its Falcon platform. Its services are designed to help businesses understand whether a breach has occurred. It then allows the user to respond and recover from a breach with speed and precision to remediate the threat.

The post 2 top ETFs for ASX growth investors to buy in July appeared first on The Motley Fool Australia.

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Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool Australia has recommended BetaShares Asia Technology Tigers ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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