Analysing a financial advisor portfolio proposition, and it’s so bad I am doubting my maths

Analysing a financial advisor portfolio proposition, and it's so bad I am doubting my maths I have quite a problem, I started to analyse a fund portfolio that a friend got from a financial advisor and I am starting to doubt my skill because the net average return p.a. is under anything I expected, like around 2%. Since I had difficulties finding the real return, I took the NAV at the end of each year and calculating the YoY performance...

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