Carbon fund reports NTA, acquires units for treasury

Carbon Fund (NZX:CO2) announced its Units on Issue are 32,876,706 with a Net Tangible Assets (NTA) value of $1.8805 as of February 25, 2025. In a related announcement, the fund detailed its acquisition of 5,445 CO2 units at a price of $1.6792 per unit, totaling $9,143.24. These units, representing 0.0166% of total units, will be held as treasury stock under the Master Trust Deed. Salt Investment Funds Limited, a wholly-owned subsidiary of Salt Funds Management Limited, manages the fund, which aims to provide investors exposure to carbon credit prices through emissions trading schemes.