[Index Performance]: AFTM.PA tracks the MSCI France IMI Select SRI 5% Issuer Capped Index. Its price is significantly affected by the performance of the underlying French stocks in this index. When those stocks rise, AFTM.PA generally rises, and vice versa.

[Supply and Demand]: Like all ETFs, AFTM.PA's price is influenced by supply and demand in the market. Increased buying pressure pushes the price up, while increased selling pressure pushes it down.

[Expense Ratio]: While not directly impacting daily price fluctuations, the expense ratio (ongoing charges) impacts the long-term return. Higher expense ratios reduce returns, making the ETF less attractive.

[Fund Flows]: Large inflows into the ETF can create buying pressure on the underlying stocks, temporarily driving up the price. Conversely, large outflows can create selling pressure.

[Market Sentiment]: Overall market sentiment towards French equities and SRI (Socially Responsible Investing) strategies can influence demand for AFTM.PA. Positive sentiment leads to increased demand and potentially higher prices.

[Currency Fluctuations]: Since the ETF is priced in EUR, fluctuations in the Euro's exchange rate against other currencies (like USD) can affect its price, particularly for investors outside the Eurozone.