Carbon Fund updates NTA after CO2 unit acquisition

The Carbon Fund announced its Net Tangible Assets (NTA) at $1.6332 as of October 28, 2025, with 24,579,708 units in issue. This update follows the acquisition of 145,760 CO2 units, acquired as treasury stock for NZD 199,691.20 at an acquisition price of 1.3700 per unit. These newly acquired units represent 0.5930% of the total units in issue.

The Carbon Fund, managed by Salt Investment Funds Limited, aims to provide investors with exposure to carbon credit prices within the NZ Emissions Trading Scheme and offshore. Salt Funds Management has approximately NZD 2 billion in funds under management.

The acquisition was executed on October 28, 2025, pursuant to the Master Trust Deed, with the acquired shares to be held as treasury stock.