This Metals And Mining Fund Had A Difficult June But A Strong First Half

The Delbrook Resource Opportunities Master Fund fell 4.4% in June, bringing its return to 27.2% for the first half of the year. The fund returned 129.3% during a tumultuous 2020. Delbrook is a long/ short equity fund focused exclusively on the metals and mining sector. It primarily invests in publicly listed companies focused on precious, base, energy and industrial metals production and exploration.

Q2 2021 hedge fund letters, conferences and more

Focusing on recovery

In his June note to investors, which was reviewed by ValueWalk, Delbrook's Matthew Zabloski said that during the first half, the fund benefited from long positions...