Carbon Fund announces CO2 unit acquisition, NTA

Carbon Fund (NZX:CO2) announced the acquisition of 3,228 CO2 units to be held as treasury stock, pursuant to its Master Trust Deed. The acquisition, finalized on March 14, 2025, was executed at a price of $1.63 per unit, totaling $5,261.64, and represents 0.01% of the total units on issue. Following the acquisition, the total number of fully paid ordinary units in existence remains at 32,187,497. The fund also reported its Net Tangible Assets (NTA) per unit as $1.8068 as of March 14, 2025. Salt Investment Funds Limited manages the Carbon Fund, aiming to provide investors exposure to carbon credit pricing through emissions trading schemes in New Zealand and abroad. Salt Funds Management, the parent company, manages approximately NZ$2 billion in funds, specializing in New Zealand and Australian listed equity and property portfolios.