Carbon fund boosts treasury with CO2 unit acquisition

On August 26, 2025, the Carbon Fund reported the acquisition of 35,615 CO2 units for NZD 48,778.30, to be held as treasury stock. The acquisition price was 1.3696 per unit, representing 0.1329% of the total units on issue. This transaction, executed on August 25, 2025, was made pursuant to the Master Trust Deed, with the units being fully paid in cash.

Following the acquisition, the total number of fully paid ordinary units in existence (excluding treasury stock) stands at 26,793,501.00. The fund also reported its net tangible assets (NTA) at 1.6542 as of August 25, 2025. The Carbon Fund's objective is to provide investors with exposure to the price of carbon credits by purchasing and holding credits within the NZ Emissions Trading Scheme.

Managed by Salt Investment Funds Limited, the Carbon Fund is part of a firm overseeing approximately NZD 2 billion in funds. Salt Funds Management specializes in managing New Zealand and Australian listed equity and property portfolios, emphasizing active investment strategies.