Salt Funds to open up carbon trading to retail investors in NZX-listed fund

Mon, 15 Oct 2018

By Paul McBeth Oct. 15 (BusinessDesk) - Salt Funds Management plans to list a dedicated carbon fund, opening up the green commodity directly for retail investors. Salt's Carbon Fund is expected to be 98 percent invested in carbon commodities, with 2 percent held in cash and equivalents. The fund will buy credits in New Zealand's emissions trading scheme and also in international schemes. It may use swaps, futures and other derivatives to get exposure to those markets. The offer is expected to open next week but isn't seeking money yet...

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