This Metals And Mining Fund Is Smashing Its Benchmark Year To Date

The Delbrook Resource Opportunities Master Fund declined 4.4% in November, bringing its year-to-date return to 45.1%. The benchmark XME ETF is up 23.8% year to date and is down 5.6% for November.

Q3 2021 hedge fund letters, conferences and more

Background On Delbrook Capital Advisors

The fund continues to target themes that have worked well this year. Those themes include decarbonization, spending on global infrastructure, consolidation in the materials sector, and the possibility of a short-term reversal of hawkish views from the world's central banks stemming from continuing concerns about COVID.

The Delbrook fund is a long/ short equity fund focused on the metals and mining sector. It primarily invests in publicly-listed...