[Underlying Asset Performance]: The fund's value is directly tied to the performance of the assets it holds, typically European stocks, so their price movements greatly influence the fund's price.

[Economic Conditions]: Broader economic factors like GDP growth, inflation, and interest rates in Europe can impact the performance of the companies the fund invests in, thereby affecting the fund's value.

[Market Sentiment]: Overall investor confidence and risk appetite in the European stock market influence demand for the fund and its price.

[Currency Fluctuations]: Changes in the exchange rate between the fund's currency (likely GBP) and the currencies of the underlying European assets affect the fund's returns when converted back to GBP.

[Fund Management]: The fund manager's investment decisions, stock selection, and trading strategy play a crucial role in the fund's performance and, consequently, its price.

[Fund Flows]: Large inflows or outflows of money into or out of the fund can impact its trading activity and potentially its price, especially if the fund needs to buy or sell assets quickly.

[Expense Ratio]: The fund's operating expenses, including management fees, impact the net return to investors and can indirectly affect the attractiveness and price of the fund.

[Geopolitical Events]: Political instability, regulatory changes, or major events like Brexit can significantly impact European markets and, therefore, the fund's performance.

[Sector Performance]: The specific sectors in which the fund is heavily invested (e.g., technology, finance, healthcare) can influence its overall price depending on the performance of those sectors within the European market.

[Dividend Payments]: The fund may distribute dividends received from the underlying companies to its investors, which can affect the fund's net asset value and price.