In June, our solution generated a 1.8% gross return at 4% annualized volatility—under one-third of the ~13% swings in LME base metals. Since our May 1 launch, it has delivered 20.1% annualized with a Sharpe ratio of 5.0 (based on the first two months of live trading). That standout, risk-adjusted performance underscores our disciplined process, diversified signal set and optimized position sizing.

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In June, Silea shifted decisively from short to a net-long stance, capturing gains in five of six LME metals—led by zinc, nickel and tin—and restricting copper to a negligible loss. This performance proves our approach works reliably.

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Our AI-driven portfolio constructs its final positions as the net sum of 61 diversified signals—running on 200+ datasets. In the chart below, the left panel shows PnL by signal and the right panel shows the portfolio’s aggregate split—4.6% profit vs. 2.8% loss—for a net 1.8 % gain in June.

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64% of our signals were profitable. The top five signals accounted for less than 20% of PnL, showing profits were broadly dispersed across our continuous portfolio. With over 40% of signals reversing direction from May to June, our strategy demonstrates real-time adaptation to changing market regimes.

We executed our first LME-SHFE arbitrage trade in zinc, achieving a 2.4% return on capital deployed. That success validates our expansion approach: we’re now applying the same strategy beyond zinc to aluminium, nickel and lead on major global exchanges, broadening our arbitrage opportunities.

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