Carbon fund reports unit details and Treasury stock acquisition

Carbon Fund (NZX:CO2) has announced details of its units and a recent acquisition of its own units to be held as treasury stock. As of April 10, 2025, the fund reports 31,537,899 units on issue and a net tangible asset (NTA) value of 1.6765. Concurrently, Carbon Fund acquired 81,653 units as treasury stock for NZD118,690.80 at an acquisition price of 1.4536 per unit, representing 0.2589% of the total units on issue. These units were acquired pursuant to the Master Trust Deed and will be held as treasury stock. Carbon Fund aims to provide investors with exposure to the price of carbon credits, investing in emissions trading schemes both in New Zealand and internationally. Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, manages the fund.