Asia Pacific > NZ Carbon Fund takes a 20% hit as low NZU price bites

NZ Carbon Fund takes a 20% hit as low NZU price bites

Published 01:23 on May 29, 2023  /  Last updated at 01:23 on May 29, 2023  / Mark Tilly /  Asia Pacific, New Zealand

A New Zealand exchange-traded fund exposed to the country’s emissions trading scheme has seen its value fall more than 20% due to the tumultuous collapse in the NZU price over the last six months, the fund announced.
A New Zealand exchange-traded fund exposed to the country’s emissions trading scheme has seen its value fall more than 20% due to the tumultuous collapse in the NZU price over the last six months, the fund announced.


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