Fund performance: Strong historical returns and consistent outperformance relative to its benchmark attract investors, increasing demand and price. Conversely, poor performance can lead to outflows and price decrease.

Market conditions: Broad market trends, such as overall bullish or bearish sentiment, economic growth or recession, and interest rate changes, can influence investor appetite for funds like ALEFX.US.

Sector performance: ALEFX.US's investments in specific sectors like technology or healthcare are subject to industry-specific factors. Positive news or strong performance in those sectors can lift the fund.

Fund flows: Large inflows of capital into ALEFX.US increase demand and can drive up the price. Significant outflows can put downward pressure on the price as the fund sells assets to meet redemptions.

Expense ratio: A lower expense ratio compared to similar funds makes ALEFX.US more attractive, potentially increasing demand and its price. Higher fees can deter investors, negatively affecting the price.