Carbon Fund acquires CO2 units, updates NTA

On October 2, 2025, Carbon Fund announced the acquisition of 11,000 CO2 units, classified as treasury stock, at an acquisition price of 1.3963 per unit, totaling NZD 15,359.30. This acquisition represents 0.0435% of the total units on issue, bringing the total number of fully paid ordinary units in existence to 25,290,680. The acquisition was conducted pursuant to the Master Trust Deed and NZX Listing Rule 3.13.1.

Concurrently, Salt Investment Funds Limited reported the Carbon Fund's Net Tangible Assets (NTA) at 1.679 as of October 1, 2025. The fund’s core objective is to offer investors total return exposure to carbon credit prices by purchasing and holding carbon credits in the NZ Emissions Trading Scheme and other schemes.

Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management, the Carbon Fund operates within a firm managing approximately NZD 2 billion in funds. Salt Funds specializes in managing New Zealand and Australian listed equities and property.