Red Kite Metals was down 40% last month

``fter last month's performance, the fund is down again. It lost as much as 40% on bad copper and aluminum bets during the month, according to a fund investor cited by Bloomberg. Year to date Red Kite Metals was said to be down around 7%. RK Capital, which manages the fund and four others was down 30% last month, and is up 2% overall.''