Carbon fund boosts holdings with acquisition of CO2 units
** Carbon Fund [NZX:CO2] has announced the acquisition of 49,904 CO2 units for a total of $83,339.68, at a price of $1.67 per unit. The purchase, made on February 24, 2025, increases the total number of units in existence to 32,882,151. The units are to be held as treasury stock, in accordance with the Master Trust Deed. This acquisition represents 0.1518% of the total units on issue. Salt Investment Funds Limited manages Carbon Fund, which aims to provide investors exposure to carbon credit prices via carbon credits in emissions trading schemes in New Zealand and abroad. Salt Investment Funds also reported a Net Tangible Assets (NTA) value of 1.8742. Salt Investment Funds Limited is an award-winning funds management firm with about NZ$2 billion in funds under management.
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