Carbon fund expands holdings with new CO2 unit acquisition

Carbon Fund disclosed the acquisition of 14,719 CO2 units at NZD 1.3700 per unit, totaling NZD 20,165.03. These units were acquired as treasury stock, representing 0.0599% of total units on issue, bringing the total fully paid ordinary units in existence to 24,557,883. The transaction, completed on October 31, 2025, aligns with the fund's strategy as outlined in its Master Trust Deed.

The acquisition supports the Carbon Fund's aim to provide investors with exposure to carbon credit prices by buying and holding carbon credits within the NZ Emissions Trading Scheme and offshore. As of October 31, 2025, the net tangible assets (NTA) per unit for the Carbon Fund stood at 1.6128.

Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, the Carbon Fund's activities are integral to Salt's broader portfolio management. Salt Funds Management oversees approximately NZD 2 billion in funds and specializes in various equity and property portfolios.