Carbon Fund acquires CO2 units, updates NTA to NZ$1.3717

Carbon Fund announced on December 4, 2025, the acquisition of 137,904 CO2 units for NZD 163,099.37 at an acquisition price of 1.1800 per unit. These units were acquired as treasury stock pursuant to its Master Trust Deed. Following this acquisition, the total number of fully paid ordinary units in existence, excluding treasury stock, stands at 23,279,439.

Concurrently, Salt Investment Funds Limited reported that as of December 3, 2025, the Carbon Fund has 23,417,343 units on issue and a Net Tangible Assets (NTA) value of 1.3717. The fund's objective is to provide investors with exposure to carbon credit prices through purchasing and holding carbon credits in emissions trading schemes, including the NZ Emissions Trading Scheme.

Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, the Carbon Fund's latest acquisition aligns with its strategy to offer a total return exposure to the price of carbon credits. Salt Funds Management oversees approximately NZ$2 billion in funds.