Carbon Fund boosts treasury with new CO2 unit acquisition

Carbon Fund announced the acquisition of 45,818 CO2 units on December 22, 2025, for NZD 52,832.74, at an acquisition price of 1.1531 per unit. These units, representing 0.1992% of total units on issue, were acquired as fully paid treasury stock, bringing the total number of fully paid ordinary units in existence after acquisition to 23,001,571.

The Carbon Fund's objective is to provide investors with exposure to carbon credit prices, acquiring and holding carbon credits within the NZ Emissions Trading Scheme. As of December 22, 2025, the net tangible assets stood at 1.3492 per unit.

Managed by Salt Investment Funds Limited, a subsidiary of Salt Funds Management Limited, the Carbon Fund operates within a firm overseeing approximately NZD 2 billion in funds. Salt Funds Management specializes in managing Trans Tasman and global listed equity and property portfolios.