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  1. #1
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Default Carbon Fund - CO2

    Its a long wait for a new listing, but we have a new one today. A Carbon Fund trading under CO2.

    Salt’s Carbon Fund Debuts on the NZX
    https://www.nzx.com/announcements/326505

    Anyone have any interest or been following this?

    Risk level rated by the Salt Funds: High

  2. #2
    Legend minimoke's Avatar
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    First time I can say I am ethically opposed to an investment opportunity. This wont see any of my cash.

  3. #3
    2019 NZ Stock Picking Winner silverblizzard888's Avatar
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    Quote Originally Posted by minimoke View Post
    First time I can say I am ethically opposed to an investment opportunity. This wont see any of my cash.
    I think I hold the same skepticism, not likely to jump in any time soon until it offers more clarity and results to show its a profitable offering. Given the lack of listings this has caught my interest, curious to see how it plays out over time.

  4. #4
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    Surely it is a sure bet . Price of carbon will increase substantially over time .

  5. #5
    Legend minimoke's Avatar
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    Quote Originally Posted by horus1 View Post
    Surely it is a sure bet . Price of carbon will increase substantially over time .
    Same was said of Cryptocurrencies

  6. #6
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    not much interest on the market though

  7. #7
    Senior Member hardt's Avatar
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    The only thing Salt Funds have that could interest me... Why pay a management fee for a single commodity trade though, just DIY.

    Are these the fellas that called A2 a nothing burger at £2 while pumping NZME as being an intelectuals play?
    Last edited by hardt; 08-11-2018 at 10:21 AM.

  8. #8
    Member Onion's Avatar
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    Quote Originally Posted by minimoke View Post
    First time I can say I am ethically opposed to an investment opportunity. This wont see any of my cash.
    Can you elaborate on your ethical opposition? Are you objecting to carbon trading, to Salt or to this fund?

  9. #9
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    Given the history of failure of emission trading schemes (and new fads generally), it would take an awful lot of convincing before I put a cent of my money in this.

  10. #10
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    This part sounds promising:

    From their website: https://www.carbonfund.co.nz/thefund/

    "The fund is expected to help in the price discovery of carbon units."

    Read - we're going to buy some carbon units, and using your money, then find out what they're worth - hopefully more, perhaps less.



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