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Can someone explain “Totals” for the “Avg. Annual Return (%) for 1-year”?
On the INVESTING tab Portfolio I have two funds listed that are displaying the “Avg Annual Return (%) for 1-year”. I’m okay with the values shown which are 29.39 and 12.70 but I don’t understand how this equals a Total of 24.76. Simply averaging gives 21.05, which is below Quicken’s value of 24.76. Assuming it is a type of weighted sum perhaps based upon Market Values which are respectively 25278.42 and 8452.95 I calculate 25.21 which is higher than Quicken’s value of 24.76. Any help would be appreciated.
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