NZ Carbon Fund extends losses, rebalances portfolio

Published 06:47 on August 4, 2023  /  Last updated at 06:47 on August 4, 2023  / Mark Tilly /  Asia Pacific, New Zealand

A New Zealand exchange-traded fund tied to the country’s emissions trading market has seen its value fall further by some NZ$12 million ($7.3 mln) as a result of the destabilisation of the NZU price, quarterly figures showed.
A New Zealand exchange-traded fund tied to the country’s emissions trading market has seen its value fall further by some NZ$12 million ($7.3 mln) as a result of the destabilisation of the NZU price, quarterly figures showed.


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