Are you searching for the best way to maximize a $10,000 investment in ASX growth shares? Growth stocks on the Australian Securities Exchange (ASX) have long been a favorite among investors looking to build wealth quickly. Unlike dividend stocks, which offer steady income, growth shares focus on capital appreciation, often delivering significant returns over time.

However, this investing strategy requires a clear plan and careful selection of stocks with proven growth potential. From innovative sectors like cybersecurity to diversified portfolios of market leaders, ASX growth shares offer unique opportunities for those ready to embrace the market’s dynamic nature.

In this article, we’ll explore two standout ASX growth investments that could supercharge your portfolio: a leading listed investment company (LIC) and an exchange-traded fund (ETF) focused on one of the fastest-growing industries in the world. Whether you’re new to investing or a seasoned pro, these options are designed to help you maximize your wealth in today’s competitive market.

Why Choose ASX Growth Shares?

Investors approach the stock market with different goals. While some prioritize dividend stocks for consistent income, others focus on growth shares for their potential to deliver substantial capital appreciation. Growth shares, however, demand careful consideration—they can accelerate wealth accumulation, but they also carry risks.

If you’re ready to take that leap, let’s dive into two ASX growth opportunities that could help maximize your $10,000 investment.

1. MFF Capital Investments Ltd (ASX: MFF)

MFF Capital Investments is a listed investment company (LIC) that focuses on high-quality American stocks with significant growth potential. Its portfolio features established companies with proven business models and strong growth prospects, including global giants like Visa, Mastercard, Amazon, American Express, and Meta Platforms.

Why consider MFF?

• Diversification Under One Roof: By investing in MFF, you gain exposure to a diverse range of high-performing growth stocks in a single transaction.
• Impressive Returns: Over the past 12 months, MFF shares have soared by 41.5%, and since mid-2022, they’ve delivered almost 100% growth.
• Rising Dividends: Alongside capital growth, MFF has consistently rewarded investors with growing dividend income.

For those seeking reliable growth and income potential, MFF Capital offers a compelling case for maximizing a $10,000 investment.

2. BetaShares Global Cybersecurity ETF (ASX: HACK)

Cybersecurity is one of the most promising sectors in today’s digital economy, and the BetaShares Global Cybersecurity ETF provides an excellent way to tap into this growth. This ETF invests in a curated portfolio of global leaders in cybersecurity, offering exposure to companies at the forefront of this critical industry.

Here’s why HACK stands out:

• Booming Demand for Cybersecurity: As governments, businesses, and individuals increasingly rely on digital platforms, the need for robust cybersecurity solutions is skyrocketing.
• Proven Performance: HACK has delivered an average annual return of 17.78% over the past five years (as of 31 October).
• Top Holdings: With stakes in industry leaders like Zscaler and Fortinet, the ETF is well-positioned to capitalize on growing cybersecurity spending.

Given the ever-increasing importance of online security, HACK represents a forward-looking investment choice with substantial growth potential.