Carbon Fund acquires CO2 units, updates NTA

On December 5, 2025, Carbon Fund announced the acquisition of 57,441 CO2 units, classified as treasury stock, at NZD 1.1880 per unit, totaling NZD 68,239.91. This acquisition represents 0.2474% of the total units on issue, bringing the total number of fully paid ordinary units in existence to 23,221,998. The units will be held as treasury stock, aligning with the fund's aim to provide investors with exposure to carbon credit prices.

Separately, Salt Investment Funds Limited, the manager of Carbon Fund, released an NTA and Allotment Notice as of December 4, 2025. This notice confirmed the total units on issue for the Carbon Fund as 23,221,998 and reported the Net Tangible Assets (NTA) at 1.3775.

Salt Funds Management, an award-winning firm managing approximately NZD 2 billion, oversees the Carbon Fund. The fund's strategy involves purchasing and holding carbon credits within the NZ Emissions Trading Scheme and other emissions trading schemes to gain exposure to carbon credit prices.