Today is $4$ Jan $2023.$ You $,$a financial advisor, just ended a meeting with a client, Mr $.$ Muthu $,$who is seeking assistance in his investment portfolio. Mr $.$ Muthu shared that he invested $ $1,500,000$ into a portfolio of the following investments as at $1$ Jan $2018$: $25\%$ Parkway Life REIT $($Ticker: PRKWF $),25\%$ Singapore Technologies $($ST $)$ Engineering $($Ticker: SGGKY $),$ and $50\%$ OCBC Bank $($Ticker: OVCHY $).$ Since $1$ Jan $2018$ to $31$ Dec $2022,$ Mr $.$ Muthu had not contributed nor withdrawn any amounts, and had reinvested all dividends into the fund. He did not undertake rebalancing of portfolio. Mr $.$ Muthu expected a target annualized geometric return of $8\%,$ with minimal risk. As at $31$ Dec $2022,$ he believed that the portfolio had underperformed. As a financial advisor, you would like to advise Mr $.$ Muthu on how best to improve his portfolio. You understand that Mr $.$ Muthu is planning for retirement, and he hopes to retire in $15-$years $$ time $.$He intends to retire with an amount that can best serve his retirement needs. A citizen of Singapore, Mr $.$ Muthu is a highly successful and busy businessman owning a few domestic businesses, with exposure to hospitality and real estate sectors $.$ Mr $.$ Muthu treasures liquidity. He wants to have the option of selling his investments if an economic downturn happens. Mr $.$ Muthu is married with no children. His apartment has been fully paid up $.$ He has no major planned expenditures in the foreseeable future. He has an emergency cash reserve of one year of his family $$s household expenditure. You did a risk profiling survey with Mr $.$ Muthu $.$Survey results showed that Mr $.$ Muthu has little understanding of finance. Mr $.$ Muthu agrees with the statement $$investing is too difficult to understand $.$ He also agrees that $$in terms of investing, safety is more important than returns. $$ Mr $.$ Muthu also has concerns of inflation. It is assumed that inflation rate will be $3\%$ per annum in the long run. Discuss whether if Mr $.$ Muthu $$s concern on portfolio underperformance is justified. Provide supporting evidence, using information from the above, and use Portfolio Visualizer $$ to compute historical returns and include pictures of portfolio visualizer. Discuss your findings. Discuss the portfolio and its performance in lieu of the market conditions