Geometric Mean Return Calculation

Consider an investment portfolio that has generated the following returns over four quarters of the year: Q1: 5%, Q2: -3%, Q3: 4%, Q4: 6%. What is the portfolio's total return for the year, calculated using the geometric mean return?

To arrive at the correct total return using the geometric mean, remember that the formula is: Geometric Mean Return = (1 + R1) * (1 + R2) * (1 + R3) * (1 + R4) ^ (1/n) - 1, where R1, R2, R3, and R4 are the returns for each quarter, and n is the number of periods.