{"id":5673,"date":"2024-07-18T12:14:33","date_gmt":"2024-07-18T12:14:33","guid":{"rendered":"https:\/\/www.automakers.cz\/?p=5673"},"modified":"2024-07-18T12:14:33","modified_gmt":"2024-07-18T12:14:33","slug":"index-cii750-podilove-fondy-drzi-zisky","status":"publish","type":"post","link":"https:\/\/www.automakers.cz\/?p=5673","title":{"rendered":"Index CII750: Pod\u00edlov\u00e9 fondy dr\u017e\u00ed zisky"},"content":{"rendered":"

Za posledn\u00edch 12 m\u011bs\u00edc\u016f zaznamenal pr\u016fm\u011brn\u00fd \u010desk\u00fd investor zhodnocen\u00ed v pod\u00edlov\u00fdch fondech okolo 12,2 %. Vypl\u00fdv\u00e1 to z Indexu \u010desk\u00e9ho investora CII750, kter\u00fd sestavuje spole\u010dnost Swiss Life Select.<\/strong><\/p>\n

Oproti prvn\u00edmu kvart\u00e1lu 2024 vstoupily finan\u010dn\u00ed trhy v\u00a0posledn\u00edch t\u0159ech m\u011bs\u00edc\u00edch prvn\u00edho pololet\u00ed do zna\u010dn\u011b turbulentn\u00edho prost\u0159ed\u00ed. Zat\u00edmco v prvn\u00edm \u010dtvrtlet\u00ed vyk\u00e1zaly fondy r\u016fst zhruba o 5,4 %, ve druh\u00e9m kvart\u00e1le jsme byli sv\u011bdky ji\u017e jen velice drobn\u00e9ho r\u016fstu o 0,26 %. Za leto\u0161n\u00edch \u0161est m\u011bs\u00edc\u016f tak fondy zhodnotily o 5,67 %. Jednozna\u010dn\u011b lep\u0161\u00edch v\u00fdsledk\u016f dos\u00e1hli investo\u0159i do akciov\u00fdch fond\u016f, kter\u00e9 v\u00a0prvn\u00ed polovin\u011b leto\u0161n\u00edho roku dosahuj\u00ed v\u00fdkonnosti 8,7 %.<\/p>\n

\u201e<\/i><\/em>V\u00a0dlouhodob\u00e9m horizontu pak akciov\u00e9 fondy za p\u011bt let zhodnocuj\u00ed o 7,44 % ro\u010dn\u011b. Defenzivn\u011bj\u0161\u00ed fondy, do kter\u00fdch \u0159ad\u00edme nap\u0159\u00edklad sm\u00ed\u0161en\u00e9 \u010di dluhopisov\u00e9 fondy, letos zpomalily dynamiku r\u016fstu, co\u017e p\u0159i p\u0159epo\u010dtu na ro\u010dn\u00ed v\u00fdkonnost p\u0159in\u00e1\u0161\u00ed opatrn\u011bj\u0161\u00edmu investorovi 4,4 %. Za rok 2023 p\u0159itom dan\u00e9 defenzivn\u00ed fondy dos\u00e1hly na v\u00fdkonnost 9,1 %,\u201c <\/i><\/em>komentuje Richard Bechn\u00edk, hlavn\u00ed investi\u010dn\u00ed a ekonomick\u00fd analytik Swiss Life Select.<\/p>\n

\u201eVe skupin\u011b nej\u00fasp\u011b\u0161n\u011bj\u0161\u00edch fond\u016f prvn\u00ed poloviny roku se na p\u0159edn\u00edch p\u0159\u00ed\u010dk\u00e1ch vyskytuj\u00ed p\u0159edev\u0161\u00edm fondy orientuj\u00edc\u00ed se na americk\u00e9 akcie, technologie, Indii a celkem se prosadila i v\u00fdchodn\u00ed Evropa. V\u00a0p\u0159\u00edpad\u011b nejv\u00fdkonn\u011bj\u0161\u00edch fond\u016f investuj\u00edc\u00edch do americk\u00fdch akci\u00ed \u010di se zam\u011b\u0159en\u00edm na technologick\u00fd sektor se o dan\u00fd v\u00fdsledek velkou m\u011brou postarala koncentrace do velk\u00fdch akciov\u00fdch titul\u016f. Jedn\u00e1 se nap\u0159\u00edklad o spole\u010dnost Nvidia, kter\u00e9 pat\u0159\u00ed v\u00a0portfoli\u00edch t\u011bchto fond\u016f pod\u00edl 8\u201311 %. Velk\u00e9 v\u00e1hy n\u011bkolika gigantick\u00fdm spole\u010dnostem p\u0159i\u0159azuj\u00ed i glob\u00e1ln\u00ed \u010di americk\u00e9 akciov\u00e9 indexy, kde se Nvidia v\u00a0n\u011bkter\u00fdch p\u0159\u00edpadech postarala o t\u0159etinu dosa\u017een\u00e9ho leto\u0161n\u00edho zisku cel\u00e9ho indexu,\u201c <\/i><\/em>komentuje Richard Bechn\u00edk, hlavn\u00ed investi\u010dn\u00ed a ekonomick\u00fd analytik Swiss Life Select.<\/p>\n

D\u00e1le se da\u0159ilo nap\u0159\u00edklad akci\u00edm z\u00a0Tchaj-wanu, Turecka, ale i Ma\u010farska, i kdy\u017e jejich v\u00fdkonnost sni\u017eovalo oslabov\u00e1n\u00ed lok\u00e1ln\u00edch m\u011bn. Z\u00a0posledn\u00edch dvou zm\u00edn\u011bn\u00fdch region\u016f dok\u00e1zal t\u011b\u017eit i fond Schroder ISF Emerging Europe. Ten si sice vybral t\u011b\u017ek\u00e9 \u010dasy v\u00a0roce 2022 p\u0159i odepisov\u00e1n\u00ed velk\u00e9 \u010d\u00e1sti rusk\u00fdch akci\u00ed, letos se ale d\u00edky portfoliu orientovan\u00e9mu na v\u00fdchodn\u00ed regiony, pochopiteln\u011b mimo Rusko, t\u011b\u0161\u00ed ze\u00a0\u010dtvrt\u00e9 nejlep\u0161\u00ed v\u00fdkonnosti.<\/p>\n

M\u00e9n\u011b se da\u0159ilo dluhopisov\u00fdm fond\u016fm. Ty byly vystaveny tlaku p\u0159edev\u0161\u00edm kv\u016fli lav\u00edrov\u00e1n\u00ed americk\u00e9 centr\u00e1ln\u00ed banky FED, u kter\u00e9 predikce analytik\u016f st\u00e1le oddaluj\u00ed zah\u00e1jen\u00ed sni\u017eov\u00e1n\u00ed \u00farokov\u00fdch sazeb. To dokresluje i p\u0159edposledn\u00ed um\u00edstn\u011bn\u00ed fondu Templeton Global Bond. Celkem se ale da\u0159ilo konzervativn\u00edm fond\u016fm, jejich\u017e v\u011bt\u0161\u00ed \u010d\u00e1st portfolia byla investov\u00e1na do\u00a0\u010desk\u00e9ho pen\u011b\u017en\u00edho a dluhopisov\u00e9ho trhu. Po prvn\u00edm pololet\u00ed se v\u00fdkonnostn\u011b pohybuj\u00ed v rozp\u011bt\u00ed 2\u20133 %. V\u00a0r\u00e1mci akciov\u00fdch fond\u016f pak v\u00fdrazn\u011b za v\u011bt\u0161inou trhu zaostaly strategie zam\u011b\u0159en\u00e9 na Latinskou Ameriku. Dan\u00fd region tak po \u00fasp\u011b\u0161n\u00fdch p\u0159edchoz\u00edch dvou letech nenav\u00e1zal na nadstandardn\u00ed v\u00fdkonnost a letos v\u00fdrazn\u011b ztr\u00e1c\u00ed.<\/p>\n

\u201eVe\u00a0druh\u00e9m kvart\u00e1le byla znateln\u00e1 dynamika n\u00e1r\u016fstu u fond\u016f c\u00edl\u00edc\u00edch na asijsk\u00fd region. Chv\u00edlemi se k lep\u0161\u00edm v\u00fdsledk\u016fm nadechovaly i fondy \u010d\u00ednsk\u00fdch akci\u00ed. U dan\u00fdch fond\u016f bude zaj\u00edmav\u00e9 sledovat n\u00e1sleduj\u00edc\u00ed v\u00fdkonnost ve t\u0159et\u00edm \u010dtvrtlet\u00ed. Asijsk\u00e9 trhy maj\u00ed ur\u010dit\u011b zna\u010dn\u00fd potenci\u00e1l investory mile p\u0159ekvapit. Ve st\u0159edu pozornosti se budou nach\u00e1zet i fondy akci\u00ed z\u00e1padn\u00ed Evropy. Tu pom\u011brn\u011b v\u00fdrazn\u011b ovlivnily prob\u00edhaj\u00edc\u00ed volby ve Francii. Pakli\u017ee by byl volebn\u00ed v\u00fdsledek investory pozitivn\u011b p\u0159ijat, m\u016f\u017eeme zde vid\u011bt odraz k\u00a0lep\u0161\u00edmu zhodnocov\u00e1n\u00ed. T\u0159et\u00ed \u010dtvrtlet\u00ed bude tak\u00e9 pln\u00e9 o\u010dek\u00e1v\u00e1n\u00ed, jak\u00fdm sm\u011brem zam\u00ed\u0159\u00ed fondy americk\u00fdch akci\u00ed. Jejich ocen\u011bn\u00ed jsou v\u00a0tuto chv\u00edli dost vysok\u00e1 a velk\u00e9 technologick\u00e9 spole\u010dnosti jako Nvidia mohou \u010delit tlaku p\u0159i odprodej\u00edch, kdy\u017e budou cht\u00edt investo\u0159i uzamykat sv\u00e9 dosa\u017een\u00e9 zisky. Budou tak\u00e9 vykazovat vysokou zranitelnost na jak\u00e9koliv negativn\u00ed zpr\u00e1vy z\u00a0jejich hospoda\u0159en\u00ed. Stranou pozornosti by ur\u010dit\u011b nem\u011bly z\u016fst\u00e1vat fondy Latinsk\u00e9 Ameriky, u kter\u00fdch je prostor ke zm\u011bn\u011b trendu ve prosp\u011bch lep\u0161\u00ed v\u00fdkonnosti, a to i z\u00a0titulu levn\u00e9ho ocen\u011bn\u00ed. Slu\u0161nou v\u00fdkonnost by tak\u00e9 m\u011bla dod\u00e1vat st\u0159edn\u00ed a v\u00fdchodn\u00ed Evropa,\u201c <\/i><\/em>Richard Bechn\u00edk, hlavn\u00ed investi\u010dn\u00ed a ekonomick\u00fd analytik Swiss Life Select.<\/p>\n

V\u00fdkonnost fond\u016f podle Indexu \u010desk\u00e9ho investora CII750<\/strong><\/p>\n\n\n\n\n\n\n\n\n\n
Nejlep\u0161\u00ed v\u00fdkonnost v prvn\u00edm pololet\u00ed 2024 (v %)<\/b><\/strong><\/td>\n <\/td>\nNejhor\u0161\u00ed v\u00fdkonnost v prvn\u00edm pololet\u00ed 2024 (v %)<\/b><\/strong><\/td>\n<\/tr>\n
 <\/td>\n<\/tr>\n
1.<\/td>\nSchroder ISF Indian Equity A Acc<\/td>\n26,10<\/td>\n <\/td>\n1.<\/td>\nBGF Latin American A2<\/td>\n-16,88<\/td>\n<\/tr>\n
2.<\/td>\nSchroder ISF US Large Cap A Acc<\/td>\n24,95<\/td>\n <\/td>\n2.<\/td>\nFidelity Funds – Latin America A<\/td>\n-9,13<\/td>\n<\/tr>\n
3.<\/td>\nFranklin Technology A (acc)<\/td>\n24,69<\/td>\n <\/td>\n3.<\/td>\nSchroder ISF China A A Acc<\/td>\n-6,80<\/td>\n<\/tr>\n
4.<\/td>\nSchroder ISF Emerging Europe A Acc<\/td>\n24,47<\/td>\n <\/td>\n4.<\/td>\nTempleton Global Bond A (acc)<\/td>\n-4,45<\/td>\n<\/tr>\n
5.<\/td>\nFranklin US Opportunities A (acc)<\/td>\n24,11<\/td>\n <\/td>\n5.<\/td>\nTempleton Asian Bond A (acc)<\/td>\n-2,65<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Zdroj: Index \u010desk\u00e9ho investora CII750, Swiss Life Select a LSEG, vych\u00e1z\u00ed ze z\u00e1kladu k\u00a01. 1. 2018<\/strong><\/p>\n

Index \u010desk\u00e9ho investora CII750 sestavuje Swiss Life Select na\u00a0z\u00e1klad\u011b 750 fond\u016f, kter\u00e9 jsou pro \u010desk\u00e9ho investora b\u011b\u017en\u011b dostupn\u00e9. P\u0159i jeho v\u00fdpo\u010dtu sleduje nejen v\u00fdnosnost fond\u016f, ale i jejich v\u00e1hy v celkov\u00e9m investi\u010dn\u00edm portfoliu v \u010cesk\u00e9 republice. <\/i><\/em><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Za posledn\u00edch 12 m\u011bs\u00edc\u016f zaznamenal pr\u016fm\u011brn\u00fd \u010desk\u00fd investor zhodnocen\u00ed v pod\u00edlov\u00fdch fondech okolo 12,2 %….<\/p>\n","protected":false},"author":1,"featured_media":5674,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[],"class_list":["post-5673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investice","category-statistika"],"_links":{"self":[{"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/posts\/5673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5673"}],"version-history":[{"count":2,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/posts\/5673\/revisions"}],"predecessor-version":[{"id":5676,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/posts\/5673\/revisions\/5676"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=\/wp\/v2\/media\/5674"}],"wp:attachment":[{"href":"https:\/\/www.automakers.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.automakers.cz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}