Carbon Fund boosts carbon credit holdings

On December 1, 2025, Carbon Fund announced the acquisition of 4,413 CO2 units for NZD 5,409.01, at an acquisition price of NZD 1.2257 per unit. These units, representing 0.0188% of total units on issue, will be held as treasury stock. Following the acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 23,479,384.

This acquisition supports the Fund's objective to provide investors with total return exposure to the price of carbon credits by purchasing and holding carbon credits in the NZ Emissions Trading Scheme. The Carbon Fund, managed by Salt Investment Funds Limited, reported its Net Tangible Assets (NTA) at 1.3802 as of November 28, 2025.

Salt Funds Management, an award-winning firm with approximately NZD 2 billion under management, emphasizes its active investment philosophy. The company specializes in managing Trans Tasman and global listed equity and property portfolios.