Carbon Fund boosts treasury holdings, updates NTA

The Carbon Fund announced on November 10, 2025, the acquisition of 109,246.00 CO2 units for NZD 144,171.95, at an acquisition price of 1.3197. These units were acquired as treasury stock pursuant to its Master Trust Deed, with the acquisition date being November 7, 2025. Following this transaction, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 24,354,398.

In a related announcement, Salt Investment Funds Limited, manager of the Carbon Fund, reported the net tangible assets (NTA) per unit as 1.5546 as of November 7, 2025. The fund's objective is to provide investors with exposure to carbon credit prices through purchasing and holding carbon credits in the NZ Emissions Trading Scheme and other markets.

Salt Funds Management, an award-winning firm with approximately NZ$2 billion in funds under management, manages the Carbon Fund. The firm specializes in managing Trans Tasman and global listed equity and property portfolios, focusing on companies with strong management and sound industry structures.