The Delbrook Resource Opportunities Master Fund LP declined 4.2% in September, bringing the fund's year-to-date performance to 25.4%, according to a copy of the firm's September investor update, which ValueWalk has been able to review.
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The commodities-focused hedge fund has had a strong year of the back of rising precious and base metals prices.
According to the update, at the end of September 45% of the portfolio was invested in companies with exposure to precious metals, with a further 30% invested in base metals opportunities.
The remainder was invested in bulk commodities and other sectors.
Cyclical Equities Drive Declines
Based in Vancouver, British Columbia, one...
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