ar Economic Conditions: Economic growth or recession impacts fund performance as company profits and investor sentiment fluctuate.

Market Sentiment: Overall investor confidence or fear drives buying and selling, affecting fund demand and price.

Interest Rates: Changes in interest rates influence bond yields and the attractiveness of equities, affecting fund asset values.

Inflation: High inflation erodes purchasing power, impacting company profitability and asset values within the fund.

Currency Fluctuations: Exchange rate changes affect the value of international investments within the fund when converted to the base currency.

Fund Management: The fund manager's investment decisions and stock picking ability significantly influence returns.

Fund Expenses: Higher expense ratios and fees reduce net returns for investors, indirectly affecting fund attractiveness.

Regulatory Changes: New laws or regulations impacting the industries the fund invests in can affect company performance.

Geopolitical Events: Political instability or global crises can trigger market volatility, impacting fund performance.

Supply and Demand: Basic economic principles dictate price; higher demand pushes prices up, while increased selling pressure lowers them.