Carbon Fund reports strong NTA, acquires CO2 units

Salt Investment Funds Limited, manager of the Carbon Fund, reported its net tangible assets (NTA) at 1.3398 as of December 19, 2025, with 23,047,389 units on issue. The fund aims to provide investors with exposure to carbon credit prices, acquiring credits in both New Zealand and offshore emissions trading schemes.

The Carbon Fund detailed the acquisition of 4,312 CO2 units on December 19, 2025, for a total nominal value of 5,001.92. The acquisition price per unit was 1.1600, paid in cash, and represents 0.0187% of total units on issue. These units were acquired as treasury stock pursuant to the Master Trust Deed, maintaining the total number of fully paid ordinary units in existence after acquisition at 23,047,389.

Salt Funds Management, an award-winning firm overseeing approximately NZ$2 billion, manages the Carbon Fund. The firm specializes in global listed equity and property portfolios, focusing on companies with strong management and sound industry structures. The Product Disclosure Statement is available on www.carbonfund.co.nz.