AR_FactorName: AR_Explanation AR_MarketConditions: AR_General market sentiment, economic indicators (GDP, inflation), and investor confidence significantly impact fund prices. Positive market conditions usually drive prices up, while downturns cause declines. AR_FundPerformance: AR_The fund's historical returns relative to its benchmark and peer group directly affects its appeal. Strong performance attracts investors, increasing demand and price. AR_AssetAllocation: AR_The fund's investment strategy, including its allocation across different asset classes (stocks, bonds, real estate), impacts price based on asset class performance. AR_ExpenseRatio: AR_Higher expense ratios (management fees, operating costs) reduce returns, potentially making the fund less attractive compared to cheaper alternatives, affecting demand and price. AR_InterestRates: AR_Changes in interest rates influence bond values and the attractiveness of fixed-income investments within the fund, affecting overall price. AR_CurrencyFluctuations: AR_For funds investing in international assets, currency exchange rates can significantly impact returns when converted back to the base currency. AR_FundSize: AR_Extremely large funds can face challenges in generating outperformance and may experience liquidity issues, potentially affecting price. AR_InvestorSentiment: AR_Overall investor perception and attitude towards the fund and its investment style can drive buying or selling pressure, directly impacting price. AR_RegulatoryChanges: AR_New regulations or policy changes affecting the fund's investments or operations can introduce uncertainty and impact price. AR_CompanySpecificFactors: AR_Performance of underlying holdings, particularly if the fund concentrates on certain companies or sectors, impacts the overall value and therefore its price.