Investment cost is the price you paid for your investments, not their current value (how much you could sell them for right now). If you sell your shares for a profit (to make a gain) or loss, it will not impact your investment cost.
🚨 Important: Since 15 January 2026, uninvested funds you hold on Hatch have move from the DAGXX money market fund into US bank deposit accounts, administered by our partner DriveWealth. Learn more
Before 15th January 2026:
Your available balance was part of your investment cost because when you deposited money into Hatch, it was held in a money market fund behind the scenes, which counts as a foreign investment under the FIF rules.
After 15th January 2026:
Your available balance is not part of your investment cost because when you deposit money into Hatch, it’s held in FDIC insured US bank accounts behind the scenes, which do not count as a foreign investment under the FIF rules.
Your investment cost is measured in NZD, so exchange rates can have an impact, as well as changes to the price of investments. This means that even if you sold shares for the same USD amount you paid for them, a change in exchange rate may mean you wind up with more NZD and therefore a profit.
Your investment cost:
Will only increase if you buy shares
Will only decrease if you sell shares
Will stay the same the whole time you own shares if you don’t buy or sell
Will stay the same regardless of your cash deposits or withdrawals