Rev. Date September 13, 2022
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Venn has enhanced the Data Library to allow clients to filter for line items based upon specific performance characteristics, including Venn-specific factor exposures and contributions. We’ve also moved the existing filters, previously on the left-hand side, to the top panel of the library page to improve the user experience.
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The new functionality unlocks screening and discovery use cases, where Venn’s library can become a place to help users to identify funds and managers that fit specific criteria.

What are the new parameters that can be searched on?

As part of this release, users will now be able to search the Data Library based on:

(In addition to the existing Cumulative Return, Annualized Return, Annualized Volatility, Sharpe Ratio, and Currency.)

When building an Advanced Query, what happens to investments that do not have a long enough track record to meet the specified criteria?

Investments that do not have sufficient data points for a given query will be excluded from the results shown.
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For example, if you build a query for investments with a 5-year cumulative return greater than 3%, any investment with less than 5 years of history will be excluded from the results.
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Similarly, certain analyses require a minimum number of data points. The minimum amount of data points required depends on data frequency and type of analysis. For example, factor analyses require at least 12 data points for monthly and quarterly return streams. Thus, if you query for investments with a YTD Equity factor exposure greater than .3, most monthly and quarterly investments will be excluded from the results as there will not be sufficient data points to run the analysis.

How often are the metrics associated in the Data Library calculated?

We compute the metrics in the Data Library asynchronously as the data itself is updated. For example, metrics on investments with daily returns will be computed daily whereas investments with monthly returns will be computed monthly. If an investment/fund is updated, there may be a short lag (typically by a matter of a few hours) in how quickly the new values will be computed and displayed within the Data Library. However, if this same investment/fund is opened within any of the Venn modules (such as Analysis or Compare) during this window, we will display the most up-to-date calculations, despite the Data Library not being updated to reflect the new metrics right away.

Is there any way to reference queries I have previously built?

All searches generate a unique URL. After executing a query, you can save or bookmark the URL for that same search for future reference.

Are backfill proxies used in the metric calculations within the Data Library?

For user-uploaded investments and most integrated investments, proxies are used when computing metrics. For certain third-party investment data integrations, such as eVestment, proxies are not included in the calculations.

How does Search Similar work?

Search Similar allows users to identify similar investments or portfolios to a selected subject. This feature identifies investments and portfolios that sit within a 10% tolerance band of the selected subject on all of the 3 year metrics that the selected subject has values for. For example, if the subject does not have exposure to the Momentum factor, no Momentum band is applied.

This document highlights certain aspects of this feature. As an overview, it does not discuss all material facts or assumptions. Please see Important Disclosure and Disclaimer Information.