Folder portal does not work correctly
https://1drv.ms/f/s!AtACdaOctgRAgZRKtkQ63VeHRMAvug?e=OaMUnnhello.
When you create a Folder Portal and double-click an Excel, Word, or other file in the folder, the file itself is opened as a folder, rather than launching the application.

I have captured and uploaded the image so that you can see what is happening.
https://1drv.ms/f/s!AtACdaOctgRAgZRKtkQ63VeHRMAvug?e=OaMUnn
Fence 4.12
Reinstalling "fence" did not help.
Windows 11 Pro 22H2 22621.1848
Windows Feature Experience Pack 1000.22642.1000.0