Which three routes return money to fund investors?

1. Investors make money from a fund in three ways. 2. The fund passes on dividend income earned on the securities it holds, minus disclosed expenses. 3. It distributes capital gains realised when it sells securities that have risen in price. 4. And the NAV itself rises when the market value of the portfolio rises, lifting the value of each share. 5. Every other option lists costs or account features, which reduce returns rather than provide them. _Source: US SEC Office of Investor Education and Advocacy, "Mutual Funds and ETFs: A Guide for Investors", section How Mutual Funds and ETFs Can Provide Returns to Investors_