{"id":5306,"date":"2026-07-10T12:02:17","date_gmt":"2026-07-10T12:02:17","guid":{"rendered":"http:\/\/wem.sk\/insights\/wem-portfolia-vykonnost-za-1-polrok-2026\/"},"modified":"2026-07-10T12:02:17","modified_gmt":"2026-07-10T12:02:17","slug":"wem-portfolia-vykonnost-za-1-polrok-2026","status":"publish","type":"post","link":"https:\/\/wem.sk\/cs\/insights\/wem-portfolia-vykonnost-za-1-polrok-2026\/","title":{"rendered":"WEM portf\u00f3li\u00e1 \u2014 v\u00fdkonnos\u0165 za 1. polrok 2026"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><em>V\u00e1\u017een\u00ed klienti, partneri a investori,<\/em> <br><em>jednou z ve\u013ek\u00fdch v\u00fdhod wealth managementu je, \u017ee pon\u00faka len ve\u013emi m\u00e1lo pr\u00edle\u017eitost\u00ed schov\u00e1va\u0165 sa za \u0161ikovn\u00fd marketing.<\/em> <br><br><em>Nakoniec, ka\u017ed\u00fd \u0161tvr\u0165rok, prich\u00e1dza nevyhnutn\u00fd moment:<\/em> <br><br><em>Uk\u00e1za\u0165 a poveda\u0165.<\/em> <em>Uk\u00e1za\u0165 svoje v\u00fdsledky a poveda\u0165, \u010do ste dosiahli. Alebo nedosiahli.&nbsp;<\/em><br><em>Pre n\u00e1s je to ve\u013emi v\u00edtan\u00fd aspekt \u2014 preto\u017ee n\u00e1s n\u00fati by\u0165 \u00faprimn\u00ed.<\/em> <br><br><em>Pozrite si preto si pros\u00edm v\u00fdsledky na\u0161ich portf\u00f3li\u00ed za prv\u00fd polrok roku 2026, spolu so sprievodn\u00fdm koment\u00e1rom.<\/em><\/p>\n\n\n\n<figure class=\"wp-block-image size-full has-custom-border is-style-default\"><a href=\"https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026.avif\" data-fancybox=\"image-4972\" style=\"display:contents\"><img loading=\"lazy\" decoding=\"async\" width=\"1920\" height=\"1141\" src=\"http:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026.avif\" alt=\"\" class=\"wp-image-4972\" style=\"border-top-left-radius:0rem;border-top-right-radius:0rem;border-bottom-left-radius:0rem;border-bottom-right-radius:0rem\" srcset=\"https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026.avif 1920w, https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026-300x178.avif 300w, https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026-1024x609.avif 1024w, https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026-768x456.avif 768w, https:\/\/wem.sk\/wp-content\/uploads\/2026\/07\/WEM-Flagship-Portfolios-H1-2026-1536x913.avif 1536w\" sizes=\"auto, (max-width: 1920px) 100vw, 1920px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:60px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading has-blue-500-color has-text-color has-link-color has-xl-font-size wp-elements-b3194b88a5af4e382453403ff15bf74a\"><strong><strong>Koment\u00e1r k v\u00fdkonnosti portf\u00f3li\u00ed WEM za 1. polrok 2026<\/strong><\/strong><\/h1>\n\n\n\n<p class=\"wp-block-paragraph\">V prvom polroku 2026 boli glob\u00e1lne akciov\u00e9 trhy ovplyvnen\u00e9 v\u00fdraznou rally v druhom \u0161tvr\u0165roku, ktor\u00fa podporovali pokra\u010duj\u00face invest\u00edcie do infra\u0161trukt\u00fary umelej inteligencie, siln\u00e1 v\u00fdkonnos\u0165 polovodi\u010dov\u00e9ho sektora a robustn\u00fd rast firemn\u00fdch ziskov. Eskal\u00e1cia geopolitick\u00fdch riz\u00edk na Bl\u00edzkom v\u00fdchode v marci, spojen\u00e1 s blok\u00e1dou tankerovej dopravy cez Hormuzsk\u00fd prieliv, mala na glob\u00e1lne akciov\u00e9 trhy iba prechodn\u00fd a kr\u00e1tkodob\u00fd vplyv.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Index S&amp;P 500 n\u00e1sledne v druhom \u0161tvr\u0165roku zaznamenal najv\u00fdraznej\u0161\u00ed kvart\u00e1lny rast od roku 2020, \u010d\u00edm vytvoril priazniv\u00e9 prostredie \u201erisk-on\u201c, ktor\u00e9 podporilo rastov\u00e9 akcie, technologick\u00e9 investi\u010dn\u00e9 pr\u00edle\u017eitosti a dlhopisov\u00e9 trhy prostredn\u00edctvom zu\u017eovania kreditn\u00fdch spreadov. Rozv\u00edjaj\u00face sa trhy vykazovali v\u00fdrazn\u00e9 rozdiely vo v\u00fdkonnosti, pri\u010dom technologick\u00fd a polovodi\u010dov\u00fd sektor v\u00fdrazne prekon\u00e1vali ostatn\u00e9 segmenty. Dlhopisy s vysok\u00fdm v\u00fdnosom profitovali z atrakt\u00edvneho v\u00fdnosu do splatnosti a obmedzen\u00e9ho kreditn\u00e9ho stresu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3lio <strong>WEM Equity US<\/strong> dosiahlo v prvom polroku zhodnotenie <strong>7,83 %<\/strong>, najm\u00e4 v\u010faka koncentrovanej expoz\u00edcii vo\u010di spolo\u010dnostiam z oblasti informa\u010dn\u00fdch technol\u00f3gi\u00ed, ako s\u00fa Alphabet a NVIDIA. Tieto spolo\u010dnosti profitovali z dominantn\u00fdch t\u00e9m umelej inteligencie a cloudov\u00fdch slu\u017eieb, ktor\u00e9 v druhom \u0161tvr\u0165roku podporili rast indexu S&amp;P 500. Hlavn\u00fdm zdrojom v\u00fdkonnosti bola alok\u00e1cia akt\u00edv, \u010do zodpovedalo zameraniu portf\u00f3lia na rastov\u00e9 spolo\u010dnosti s vysok\u00fdm presved\u010den\u00edm v obdob\u00ed technologicky veden\u00e9ho rastu trhu.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3lio <strong>WEM Equity Global <\/strong>zaznamenalo za prv\u00fd polrok v\u00fdnos <strong>3,33 %<\/strong>. \u0160ir\u0161ia geografick\u00e1 diverzifik\u00e1cia s\u00edce zmiernila rast v porovnan\u00ed s portf\u00f3liom zameran\u00fdm v\u00fdlu\u010dne na USA, no portf\u00f3lio na\u010falej profitovalo z glob\u00e1lnej expoz\u00edcie vo\u010di technologick\u00e9mu sektoru a komunika\u010dn\u00fdm slu\u017eb\u00e1m, ktor\u00e9 boli podporovan\u00e9 invest\u00edciami do AI infra\u0161trukt\u00fary.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3li\u00e1<strong> WEM Balanced<\/strong> dosiahlo v prvom polroku stabiln\u00e9 zhodnotenie <strong>7,61 %<\/strong>, \u010d\u00edm potvrdilo v\u00fdhody diverzifik\u00e1cie medzi akcie a dlhopisy. Strat\u00e9gia profitovala z rastu sektorov informa\u010dn\u00fdch technol\u00f3gi\u00ed a komunika\u010dn\u00fdch slu\u017eieb, pri\u010dom dlhopisov\u00e1 zlo\u017eka poskytovala stabiliza\u010dn\u00fd efekt a prispela k ni\u017e\u0161ej volatilite v porovnan\u00ed s \u010disto akciov\u00fdmi strat\u00e9giami.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3lio <strong>WEM Dynamic ETF <\/strong>dosiahlo nadpriemern\u00fa v\u00fdkonnos\u0165 na \u00farovni <strong>10,23 %<\/strong>. Hlavn\u00fdm faktorom bol v\u00fdznamn\u00fd podiel ETF fondov kop\u00edruj\u00facich index S&amp;P 500, ktor\u00e9 efekt\u00edvne zachytili \u0161irok\u00fd rast americk\u00e9ho akciov\u00e9ho trhu a momentum spojen\u00e9 s rozvojom umelej inteligencie, charakteristick\u00e9 pre druh\u00fd \u0161tvr\u0165rok.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3lio <strong>WEM Opportunities: Emerging Markets<\/strong> dosiahlo v\u00fdnimo\u010dn\u00e9 zhodnotenie <strong>27,80 %<\/strong>. V\u00fdkonnos\u0165 bola podporen\u00e1 vysokou alok\u00e1ciou do \u0161iroko diverzifikovan\u00fdch ETF fondov zameran\u00fdch na rozv\u00edjaj\u00face sa trhy a cielenou expoz\u00edciou vo\u010di sektoru informa\u010dn\u00fdch technol\u00f3gi\u00ed, najm\u00e4 na Taiwan a spolo\u010dnosti p\u00f4sobiace v polovodi\u010dovom priemysle. Tieto invest\u00edcie profitovali z glob\u00e1lneho trendu budovania AI infra\u0161trukt\u00fary a priniesli nad\u0161tandardn\u00e9 v\u00fdnosy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Portf\u00f3lio <strong>WEM High Yield Bonds<\/strong> dosiahlo odoln\u00fa v\u00fdkonnos\u0165 na \u00farovni<strong> 3,81 %<\/strong>, podporen\u00fa atrakt\u00edvnym priebe\u017en\u00fdm v\u00fdnosom z dlhopisov s v\u00fdnosom v p\u00e1sme 6 \u2014 7 % a zu\u017eovan\u00edm kreditn\u00fdch spreadov v prostred\u00ed zv\u00fd\u0161enej ochoty investorov podstupova\u0165 riziko. Dominantn\u00e1 alok\u00e1cia do americk\u00fdch korpor\u00e1tnych high-yield dlhopisov bola hlavn\u00fdm zdrojom v\u00fdnosov, zatia\u013e \u010do eur\u00f3pska zlo\u017eka poskytla doplnkov\u00fa expoz\u00edciu s pozit\u00edvnym, av\u0161ak miernej\u0161\u00edm pr\u00edspevkom.<\/p>\n\n\n\n<div style=\"height:62px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">\u010eakujeme za va\u0161u d\u00f4veru.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">M\u00e1me \u010das do nasleduj\u00faceho \u0161tvr\u0165roka, aby sme v\u00e1m op\u00e4\u0165 dok\u00e1zali, \u017ee je to spr\u00e1vne rozhodnutie.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>V\u00e1\u017een\u00ed klienti, partneri a investori, jednou z ve\u013ek\u00fdch v\u00fdhod wealth managementu je, \u017ee pon\u00faka len ve\u013emi m\u00e1lo pr\u00edle\u017eitost\u00ed schov\u00e1va\u0165 sa za \u0161ikovn\u00fd marketing. Nakoniec, ka\u017ed\u00fd \u0161tvr\u0165rok, prich\u00e1dza nevyhnutn\u00fd moment: Uk\u00e1za\u0165 a poveda\u0165. Uk\u00e1za\u0165 svoje v\u00fdsledky a poveda\u0165, \u010do ste dosiahli. Alebo nedosiahli.&nbsp;Pre n\u00e1s je to ve\u013emi v\u00edtan\u00fd aspekt \u2014 preto\u017ee n\u00e1s n\u00fati by\u0165 \u00faprimn\u00ed. Pozrite &hellip; <a href=\"https:\/\/wem.sk\/cs\/insights\/wem-portfolia-vykonnost-za-1-polrok-2026\/\">Continued<\/a><\/p>\n","protected":false},"author":5,"featured_media":4957,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[176,209],"insight_author":[210],"class_list":["post-5306","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nazory-a-komentare","category-wealth-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WEM portf\u00f3li\u00e1 \u2014 v\u00fdkonnos\u0165 za 1. polrok 2026 - Wealth Effect Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wem.sk\/cs\/insights\/wem-portfolia-vykonnost-za-1-polrok-2026\/\" \/>\n<meta property=\"og:locale\" content=\"cs_CZ\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WEM portf\u00f3li\u00e1 \u2014 v\u00fdkonnos\u0165 za 1. polrok 2026 - Wealth Effect Management\" \/>\n<meta property=\"og:description\" content=\"V\u00e1\u017een\u00ed klienti, partneri a investori, jednou z ve\u013ek\u00fdch v\u00fdhod wealth managementu je, \u017ee pon\u00faka len ve\u013emi m\u00e1lo pr\u00edle\u017eitost\u00ed schov\u00e1va\u0165 sa za \u0161ikovn\u00fd marketing. 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