Carbon Fund boosts treasury with significant CO2 unit acquisition

Carbon Fund, managed by Salt Investment Funds Limited, acquired 12,662 CO2 units for NZD 17,473.56 at an acquisition price of NZD 1.3800 per unit, as disclosed on September 3, 2025. These units, representing 0.0475% of the total on issue, were purchased as treasury stock under the Master Trust Deed. After the acquisition, total fully paid ordinary units in existence are 26,630,093.

The acquisition impacts the Carbon Fund's financial position, with the net tangible assets per unit reported as 1.6824 as of September 2, 2025. The fund's objective is to provide investors with exposure to carbon credit prices, acquiring units in both New Zealand and offshore emissions trading schemes.

Salt Funds Management, an award-winning firm with NZD 2 billion under management, oversees the Carbon Fund. The company specializes in managing New Zealand and Australian listed equity and property portfolios, employing an active investment philosophy.