Economic Conditions: Economic growth or recession impacts company earnings and investor sentiment, affecting fund performance.

Market Sentiment: Overall investor optimism or pessimism can drive buying or selling pressure, influencing fund prices.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income investments and influence fund allocations.

Fund Holdings Performance: The performance of the individual assets held within the fund directly impacts its overall value.

Expense Ratio: Higher expense ratios can reduce returns, potentially affecting investor demand and the fund's price.

Fund Manager Skill: The fund manager's investment decisions and stock-picking abilities can significantly impact fund performance.

Currency Exchange Rates: Fluctuations in currency exchange rates affect the value of international assets within the fund.

Geopolitical Events: Political instability or major global events can create uncertainty and impact market volatility, affecting fund prices.