Carbon fund acquires CO2 units for treasury stock

The Carbon Fund announced on September 2, 2025, the acquisition of 9,448 CO2 units at an acquisition price of NZD 1.3800 per unit, totaling NZD 13,038.24. These units will be held as treasury stock pursuant to the Master Trust Deed, increasing the total number of fully paid ordinary units in existence after acquisition to 26,642,755 (excluding treasury stock).

Salt Investment Funds Limited, manager of the Carbon Fund, also reported the fund's net tangible assets (NTA) as NZD 1.687 as of September 1, 2025. The fund's objective is to provide investors with exposure to carbon credit prices through the purchase and holding of carbon credits in New Zealand and offshore emissions trading schemes.

Salt Funds Management, managing approximately NZD 2 billion in funds, specializes in New Zealand and Australian listed equity and property portfolios.