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Salt Investment Funds Announces Carbon Funds NTA

Jul 15, 2024

Highlights:

  • Units on Issue: 38,163,226 units as of 12 July 2024.
  • NTA Value: Net Tangible Assets per unit at NZ$1.6747.
  • Investment Focus: Exposure to the price of carbon credits through the New Zealand Emissions Trading Scheme.

Salt Investment Funds Limited (NZX: CO2) has reported the Net Tangible Assets (NTA) for the Carbon Fund as of 12 July 2024. The NTA stands at NZ$1.6747 per unit.

Carbon Fund Overview

Salt Investment Funds Limited has disclosed the details of the units on issue for the Carbon Fund, totaling 38,163,226 units as of the reporting date. The Fund aims to provide investors with a total return exposure to the price of carbon credits, with the flexibility to buy credits in emissions trading schemes both in New Zealand and internationally.

Investment Strategy

The Carbon Fund achieves its exposure to the price of carbon credits by purchasing and holding credits within the New Zealand Emissions Trading Scheme (NZ ETS). This strategic approach allows investors to gain from the fluctuating prices of carbon credits, aligning with global efforts to manage carbon emissions.

Management and Disclosure

Managed by Salt Investment Funds Limited, a wholly owned subsidiary of Salt Funds Management Limited, the Carbon Fund benefits from the expertise of an award-winning boutique funds management firm. Salt Funds Management oversees over NZ$2 billion in assets, specializing in New Zealand and Australian listed equity and property portfolios. The firm's active investment philosophy focuses on companies with robust management teams, operating within sound industry structures to generate superior shareholder returns.

Learn More

Salt's commitment to managing the Carbon Fund aligns with its overall mission to deliver strong, long-term returns through innovative investment strategies, emphasizing environmental sustainability and economic growth.

 

 

 

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