Asset Allocation: The underlying assets held by the fund (stocks, bonds, etc.) directly impact its price. Their performance dictates the fund's overall value. Market Conditions: General economic trends, investor sentiment, and global events influence the fund's price through their effect on asset valuations. Interest Rates: Changes in interest rates can affect the value of bonds within the fund and indirectly impact stock valuations, thereby influencing the fund's price. Fund Management: The skill and strategy of the fund manager in selecting and managing assets play a crucial role in determining the fund's performance and price. Expense Ratio: The fund's operating expenses, including management fees, impact the fund's net asset value (NAV) and ultimately affect its price. Supply and Demand: Investor demand for the fund relative to its available supply can cause the price to fluctuate, particularly in the short term. Currency Fluctuations: If the fund invests in assets denominated in other currencies, currency exchange rate movements can impact the fund's euro-based price. Regulatory Changes: New regulations or changes in existing regulations affecting the fund or its underlying assets can influence investor confidence and the fund's price.