Carbon Fund acquires CO2 units, reports net tangible assets

On September 11, 2025, Carbon Fund announced the acquisition of 9,068 CO2 units for NZD 12,601.80, at an acquisition price of NZD 1.3897 per unit. These units will be held as treasury stock pursuant to the Master Trust Deed. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 26,506,223.

Separately, Salt Investment Funds Limited, the manager of Carbon Fund, reported the Carbon Fund's Net Tangible Assets (NTA) as NZD 1.7003 per unit as of September 10, 2025, with 26,506,223 units on issue. The fund's objective is to provide investors with exposure to carbon credit prices in New Zealand and international emissions trading schemes.

Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, manages approximately NZD 2 billion in funds. The firm specializes in managing New Zealand and Australian listed equity and property portfolios, employing an active investment philosophy.