Fund Performance: The historical and current returns of DEVA11.SA significantly impact its price. Strong performance attracts investors, increasing demand and driving the price up.

Market Interest Rates: Changes in prevailing interest rates influence the attractiveness of fixed-income funds like DEVA11.SA. Higher rates can make the fund less appealing, decreasing its price.

Economic Conditions: Overall economic growth or recession influences investor sentiment and risk appetite, impacting demand for DEVA11.SA. A strong economy might reduce demand, lowering the price.

Inflation: Rising inflation can erode the real value of fixed-income assets held by DEVA11.SA, leading to lower prices as investors seek inflation-protected alternatives.

Credit Risk: The creditworthiness of the underlying assets held by DEVA11.SA affects investor confidence. Downgrades in credit ratings can decrease the fund's price.

Liquidity: The ease with which DEVA11.SA shares can be bought and sold impacts its price. Lower liquidity can lead to greater price volatility.

Management Fees: High management fees can negatively impact the fund's net returns, potentially making it less attractive and affecting its price.

Investor Sentiment: General market sentiment and investor confidence play a role. Negative sentiment can lead to selling pressure and lower prices.

Regulatory Changes: New regulations impacting fund operations or taxation can affect the fund's attractiveness and subsequently its price.

Supply and Demand: Basic supply and demand principles apply. Higher demand for DEVA11.SA relative to supply will increase its price.