Carbon Fund acquires CO2 units, updates NTA

On September 12, 2025, Carbon Fund announced the acquisition of 11,093 CO2 units for NZD 15,549.06 at an acquisition price of 1.4017. These units were acquired as fully paid treasury stock, bringing the total fully paid ordinary units in existence after acquisition to 26,495,130.

The fund also released its Net Tangible Assets (NTA) and Allotment Notice as of September 11, 2025, confirming 26,495,130 units on issue and an NTA of 1.7181. Carbon Fund aims to provide investors with total return exposure to carbon credit prices by buying and holding carbon credits within the NZ Emissions Trading Scheme and offshore.

Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, Carbon Fund's operations align with Salt's broader investment philosophy. Salt Funds Management oversees approximately NZD 2 billion in funds and specializes in managing listed equity and property portfolios.