Carbon Fund acquires CO2 units, updates net tangible assets

The Carbon Fund announced on December 2, 2025, the acquisition of 12,403 CO2 units for NZD 14,842.67, at an acquisition price of NZD 1.1967 per unit. These fully paid units represent 0.0529% of the total units on issue and will be held as treasury stock. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 23,466,981.

In a related announcement, Salt Investment Funds Limited reported that as of December 1, 2025, the Carbon Fund's net tangible assets (NTA) were 1.3767. The Fund's objective is to provide investors with exposure to carbon credit prices by purchasing and holding carbon credits within the NZ Emissions Trading Scheme.

Managed by Salt Investment Funds Limited, the Carbon Fund is part of an award-winning firm overseeing approximately NZD 2 bn in funds. Salt specializes in managing various listed equity and property portfolios, employing an active investment philosophy.