The Investment House ETF is an actively managed equity exchange-traded fund that does not track a specific index. Instead, it weighs long-term growth potential together with reasonable valuation. It can invest in the stocks of companies of various sizes, depositary receipts, and equity exchange-traded funds.

It suits long-term investors who understand a growth stock selection strategy based on management judgment rather than index tracking, and who can accept the concentration risk of individual stocks and sectors.

This is an actively managed ETF run by The Investment House.

The management team reviews companies' financial data, filings, earnings releases, and other public information to make an overall judgment on growth potential, value, and financial soundness. If a holding no longer meets the selection criteria or its long-term outlook changes, the team can adjust its weighting. This differs from an approach that mechanically follows the weightings of a specific index.

• Stock selection based on company analysis rather than an index
• An approach that considers growth potential and value together

Assets under management (AUM) stand at $645.6M, and the total expense ratio (Expense Ratio) is 1.00% per year.

Because this product is classified as a small, newly launched exchange-traded fund, investors should check whether trading volume and bid-ask spreads are stable, and whether the gap between net asset value and market price is widening. It is reasonable to compare the fee burden qualitatively with products that follow similar strategies.

With such a short track record, it is hard to draw firm conclusions about long-term performance. The results of a growth stock selection strategy can vary considerably depending on corporate earnings, the interest rate environment, valuation changes, and conditions in the information technology and communication services sectors.

Newly launched exchange-traded funds may not yet have stable initial inflows or trading conditions, so investors should look at trading volume, bid and ask spreads, and the gap between market price and net asset value together. Changes in the actual holdings and the consistency of the active strategy are also worth monitoring.

The potential to select growth stocks through company analysis is a strength, but investors should also weigh the concentration and liquidity risks that come with a non-diversified structure and a new product.

Because no comparable peer exchange-traded fund data or candidate tickers were provided for the table, specific ticker references are omitted. When evaluating this product, it is worth comparing how broad index-tracking funds, growth-focused active funds, and information technology sector funds differ in holding criteria, fees, liquidity, and level of diversification. In particular, the fact that it does not track a specific index and has a non-diversified structure is the key difference from alternative products.

Before investing, confirm that this product is an active fund that does not follow a specific index, and that its stock selection decisions directly affect performance. Because it is a newly launched exchange-traded fund, it is also advisable to check trading conditions, portfolio disclosures, and the gap between market price and net asset value.

In a non-diversified structure, weakness in some holdings or sectors can weigh heavily on overall performance. A growth-focused approach is sensitive to changes in interest rates and expected earnings, and a new product also carries the risk that thin trading volume or wider bid-ask spreads will widen the gap between market price and net asset value.

The Investment House ETF is a product that investors seeking an active approach combining long-term growth potential with reasonable valuation can consider. However, given that it has no distribution history and only a short management and trading record, it is appropriate to decide after comparing its costs, diversification, and liquidity with index-tracking alternatives.