Fund Performance: Historical returns and relative performance compared to benchmark indices and peer funds influence investor demand and thus price.

Market Conditions: General market sentiment, economic trends, and sector-specific performance within the fund's investment focus impact asset valuations.

Interest Rates: Changes in interest rates affect bond yields and equity valuations, influencing the overall attractiveness of the fund's holdings.

Fund Management: The skill and experience of the fund manager, as well as the fund's investment strategy, play a crucial role in asset selection and performance.

Investor Sentiment: Overall investor confidence and risk appetite can drive inflows and outflows, impacting the fund's price.

Expense Ratio: The fund's operating expenses, including management fees, affect net returns and investor perception of value.

Currency Fluctuations: For funds investing in international assets, currency exchange rates can impact the value of returns when converted back to the investor's base currency.

Geopolitical Events: Global political and economic events can create uncertainty and volatility, affecting market sentiment and asset prices.

Regulatory Changes: New regulations or policy changes can impact the fund's investment options and operating costs, potentially affecting price.

Supply and Demand: The balance between investors buying and selling the fund's shares directly affects its price; higher demand typically leads to price increases and vice-versa.