Carbon Fund acquires CO2 units, boosting treasury holdings

On September 24, 2025, the Carbon Fund announced the acquisition of 6,196 CO2 units at an acquisition price of 1.400 New Zealand dollars per unit, totaling NZ$8,674.40. These units, representing 0.0236% of total units on issue, were acquired as fully paid treasury stock, as per the Master Trust Deed. This acquisition brings the total fully paid ordinary units in existence to 26,300,425.

Managed by Salt Investment Funds Limited, the Carbon Fund aims to provide investors with total return exposure to the price of carbon credits by purchasing and holding carbon credits within the NZ Emissions Trading Scheme. The Net Tangible Assets for the Carbon Fund as of September 23, 2025, were reported at 1.6918.

Salt Funds Management, an award-winning firm with approximately NZ$2 billion in funds under management, specializes in managing New Zealand and Australian listed equity and property portfolios. The company employs an active investment philosophy, focusing on companies with strong management and sound industry structures.