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AI-Enhanced Materials Strategy*

Five-Year Historical Performance | Monthly updated

Investing in the global materials sector through U.S.-listed equities, this strategy seeks to outperform the iShares Global Materials ETF (MXI). Deep Reinforcement Learning models analyze macroeconomic cycles and commodity-linked dynamics to refine portfolio construction and improve risk-return efficiency within this sector.

Performance

A 5-year cumulative return chart compares the strategy's Net Asset Value performance (net of fees) against the MXI benchmark.

Artificial Intelligence Solution

At the heart of this AI solution is Deep Reinforcement Learning (DRL), a state-of-the-art branch of AI that represents a significant leap forward in how investment strategies are developed and executed. DRL employs deep neural networks to process and analyze vast amounts of market data, learning to identify complex patterns and predictive signals over time. Through a continuous cycle of actions and rewards, the DRL agent refines its strategies, optimizing for performance in an iterative, long-term learning process. This approach enables the system to adapt and evolve in response to changing market conditions, ensuring strategies remain relevant and effective. For a more detailed explanation, refer to the Investment Approach section.

Covered Sectors

  • Chemicals

  • Construction Materials

  • Containers & Packaging

  • Metals & Mining

  • Paper & Forest Products

Yearly History Net of Fees

Year

Strategy Net Asset Value (NAV)

iShares Global Materials ETF (MXI)

Annual

Annual

Cumulative

Cumulative

2021
4.99%
4.99%
-1.90%
-1.90%
2022
2.64%
7.77%
-9.09%
-10.81%
2023
18.48%
27.68%
14.36%
1.99%
2024
-4.56%
21.87%
-8.23%
-6.40%
2025
34.53%
63.95%
27.14%
19.00%
2026
3.14%
69.10%
17.72%
40.09%

Key metrics

Net Annualized Performance

YTD
3.1%
1 Year
28.2%
3 Years
12.7%
5 Years
11.3%
Holdings
22
Current yield
3.3%
Price/Earnings
17.0
Excess Return 3Y*
-1.5%
Excess Return 5Y*
4.2%

Current Holdings (top 5)

Ticker

Company

%

APD
Air Products & Chemicals Inc
16.2%
SHW
Sherwin-Williams Co/The
13.9%
IP
International Paper Co
7.6%
SW
Smurfit Westrock Plc
6.8%
PPG
Ppg Industries Inc
5.8%

Interested in investing in this strategy?

* Disclaimer: Performance information is provided for informational purposes only and does not constitute a guarantee of future results. Returns are based on a combination of backtested simulations and limited live performance, have not been audited by an independent third party, and are net of assumed management fees of 1.5% per annum. Past performance is not indicative of future results. This material does not constitute a public offering of securities or an investment recommendation. Investments involve risks and may result in capital losses. Performance data as of March 31, 2026.

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