Fund performance: Past performance is not indicative of future results, but strong returns often attract more investors, increasing demand and potentially the fund's price. Conversely, poor performance can lead to redemptions and price decreases.

Market conditions: Overall market trends, such as bull or bear markets, significantly impact fund prices. Positive market sentiment generally boosts fund values, while negative sentiment can drag them down.

Underlying assets: The price of ES0142233032.EUFUND is directly linked to the value of the assets it holds. Fluctuations in the prices of these assets affect the fund's net asset value (NAV) and, consequently, its market price.

Investor sentiment: General investor confidence or fear can influence demand for the fund. Positive sentiment increases demand, potentially driving up prices, while fear may lead to selling pressure and price declines.

Economic factors: Macroeconomic indicators like interest rates, inflation, and GDP growth can impact the profitability and valuation of the fund's underlying investments, thereby affecting its price.