[Market Performance]: Overall market conditions, including economic growth, investor sentiment, and geopolitical events significantly influence fund values.

[Fund Holdings]: The performance of underlying assets (stocks, bonds) held within the fund directly impacts its price. Positive performance of major holdings leads to price increases.

[Interest Rates]: Changes in interest rates affect bond yields, impacting the value of bond funds and mixed-asset funds. Higher rates typically decrease bond values.

[Inflation]: Inflation erodes the purchasing power of investments. High inflation can lead to lower real returns and impact fund valuations.

[Currency Fluctuations]: Currency exchange rates affect the value of international funds. A stronger domestic currency reduces the value of foreign assets.

[Fund Management]: The skill and strategy of the fund manager, including asset allocation decisions, affect the fund's performance and overall price.

[Expense Ratio]: The fund's expense ratio (management fees, operating expenses) reduces returns. Higher expenses can lead to lower net asset values.

[Supply and Demand]: Increased demand for the fund will drive up the price of fund shares. Lower demand may cause price to decrease.