Carbon Fund acquires CO2 units, boosting treasury stock

On December 12, 2025, Carbon Fund acquired 51,234 CO2 units for NZD 60,148.71, at an acquisition price of NZD 1.174 per unit. These fully paid units, representing 0.2215% of the total units on issue, were acquired as treasury stock under the Master Trust Deed. This acquisition brings the total number of fully paid ordinary units in existence after the transaction (excluding treasury stock) to 23,129,125.

Salt Investment Funds Limited, manager of the Carbon Fund, reported that as of December 12, 2025, the total units on issue stand at 23,129,125, with a Net Tangible Assets (NTA) of NZD 1.3635. The fund aims to provide investors with total return exposure to carbon credit prices by purchasing and holding carbon credits within the NZ Emissions Trading Scheme and other schemes.

Salt Funds Management, an award-winning firm with approximately NZD 2 billion in funds under management, manages the Carbon Fund. The firm specializes in managing Trans Tasman and global listed equity and property portfolios, focusing on companies with strong management and sound industry structures.