CO2 - Carbon Fund units

[Sideshow Bob]

Carbon Fund collects fees of 1-2% on the fund. The larger the fund becomes the more the managers earn. The fund will use new investors' money to continuously buy carbon units but would be reluctant to sell any.

So buying on market is only trading existing units.

But then presumably buying through Salt, new units are issued. And that would be at the market price? (Otherwise would be a great game paying last announced NTA of $1.82 vs today price of $1.99).

Does the difference between the market price get pocketed by Salt or go into the fund??