Carbon Fund acquires CO2 units for treasury stock

The Carbon Fund announced on September 30, 2025, the acquisition of 888,903 CO2 units for NZ$1,235,575.17, at an acquisition price of 1.3900 per unit. These units, representing 3.5123% of the total units on issue, will be held as treasury stock pursuant to its Master Trust Deed. Following this transaction, the total number of fully paid ordinary units in existence stands at 25,308,526.

Managed by Salt Investment Funds Limited, the Carbon Fund aims to provide investors with exposure to carbon credit prices within New Zealand and offshore emissions trading schemes. 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.

As of September 29, 2025, the Carbon Fund reported a Net Tangible Asset (NTA) value of 1.6779. The fund's strategy focuses on purchasing and holding carbon credits in the NZ Emissions Trading Scheme to achieve its investment objectives.