Carbon Fund lists on NZX in New Zealand first
NZX Limited
Level 1, NZX Centre
11 Cable Street
PO Box 2959
Wellington 6140
New Zealand
Tel +64 4 472 7599
www.nzx.com
www.nzx.com 1 of 1
8 November 2018
Carbon Fund lists on NZX in New Zealand first
In a New Zealand first, NZX welcomes the inaugural Carbon Fund (CO2) to be listed on the
Main Board today by Salt Funds Management.
The Carbon Fund is designed to trade in New Zealand and international carbon credits and will
provide investors with an opportunity to invest in our country’s low carbon future.
Today’s listing also supports the exchange's strategic commitment to grow New Zealand’s
environmental markets and the range of financial products available on the NZX.
To celebrate today’s listing the exchange will plant a native New Zealand tree for every $5
million of finance raised by the Carbon Fund. NZX has planted 40 trees so far this year in
recognition of the sustainable products listed on its exchange in 2018.
Salt Funds Managing Director Paul Harrison commented: “We want to acknowledge and
welcome all our initial investors in the Carbon Fund. Listing the fund on the NZX is about
providing investors with a transparent and dynamic trading environment, which in turn will build
a stronger understanding of the investor market for carbon.”
NZX CEO Mark Peterson commented: “Congratulations to the team at Salt Funds Management,
we look forward to working with you to keep developing New Zealand’s low-carbon future.”
“Environmental finance is set to play a significant role in financial markets going forward, and
we are excited to facilitate the launch of this innovative fund product. We hope this momentum
continues following the introduction of a bespoke fund rule set in 2019, which is designed to
widen the product set of New Zealand’s listed markets and reduce the cost of listing.”
For more information on the Carbon Fund please see the link below:
https://www.carbonfund.co.nz/
For further information please contact:
Hannah Lynch
Head of Communications
T: 09 308 3710
M: 021 252 8990
E: hannah.lynch@nzx.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
Other issuers discussed similar conditions around this time
Matched by meaning across NZX announcement text, not keywords — based on our semantic index of announcement bodies.
- CO2 — Carbon Fund: Salt’s Carbon Fund Debuts on the NZX2018-11-07
“Salt’s Carbon Fund Debuts on the NZX Ticker code confirmed as CO2 8 November 2018 – (NZX: CO2) Salt Investment Funds Limited (Salt) is proud to be listing New Zealand’s first-ever Carbon Fund (Fund) on the NZX today, which will trade under the ticker code ‘CO2’. Salt h…”
- CO2 — Carbon Fund: L&Q Notice: Carbon Fund (NS) (“CO2”) Units2018-11-07
“LISTING AND QUOTATION NOTICE: NZX MAIN BOARD CARBON FUND (NS) (“CO2”) UNITS NZX Limited, Level 1, NZX Centre, 11 Cable Street, PO Box 2959, Wellington 6140, New Zealand Tel +64 4 472 7599, www.nzx.com Fund: Carbon Fund (NS) Issuer Code: CO2 ISIN: NZCO2E0005S7 Short…”
- CO2 — Carbon Fund: CO2 NTA 20/11/18 $0.99192018-11-21
“Wednesday, November 21, 2018 CO2 NTA and Allotment Notice Salt Investment Funds Limited would like to report details of the Units on Issue for the Carbon Fund as at Tuesday, November 20, 2018. Units on Issue: 1,219,325 Units Allotted: - Net Tangible Assets (NTA): 0.9…”