Carbon Fund boosts treasury with significant carbon unit acquisition

The Carbon Fund announced on November 17, 2025, the acquisition of 412,834 CO2 units for NZD 544,528.05, at an acquisition price of NZD 1.319 per unit. This cash transaction represents 1.7457% of the total units on issue, increasing the total fully paid ordinary units in existence to 23,648,253. These units will be held as treasury stock, reflecting the fund's objective to provide total return exposure to the price of carbon credits.

The Carbon Fund, managed by Salt Investment Funds Limited, aims to acquire carbon credits in emissions trading schemes in New Zealand and offshore. As of November 14, 2025, the net tangible assets (NTA) stood at 1.4486. The fund gains exposure to the NZ Emissions Trading Scheme by purchasing and holding carbon credits within the scheme.

Salt Investment Funds Limited, an award-winning firm with approximately NZD 2 billion in funds under management, specialises in managing listed equity and property portfolios.