Carbon Fund acquires CO2 units, updates net tangible assets

On December 12, 2025, the Carbon Fund disclosed the acquisition of 10,695 CO2 units for NZD 12,604.06, at an acquisition price of 1.1785. These units, representing 0.0461% of total units on issue, were acquired as fully paid treasury stock, bringing the total fully paid ordinary units in existence after the acquisition to 23,180,359. The acquisition was conducted on December 11, 2025.

Concurrently, Salt Investment Funds Limited, the Carbon Fund's manager, reported the fund's Net Tangible Assets (NTA) at 1.3579 as of December 11, 2025. The Carbon Fund aims to provide investors with total return exposure to carbon credits by purchasing and holding credits in emissions trading schemes, including the NZ Emissions Trading Scheme.

Salt Funds Management, an award-winning firm with approximately NZD 2 billion in funds under management, manages the Carbon Fund.