Net Asset Value (NAV): FIG-U.TO's price closely tracks its NAV, reflecting the underlying holdings' market value.

Supply and Demand: Higher demand increases the ETF's price, while increased supply lowers it.

Interest Rates: Changes in interest rates impact fixed-income ETFs like FIG-U.TO, inversely affecting bond prices.

Credit Risk: Concerns about bond issuers' creditworthiness can decrease the ETF's value.

Inflation: Rising inflation often leads to higher interest rates, negatively impacting bond values within the ETF.

Market Sentiment: Overall investor optimism or pessimism influences trading activity and the ETF's price.

Economic Growth: Strong economic growth can lead to higher interest rates and inflation, affecting bond values.

Currency Fluctuations: Since FIG-U.TO may hold USD bonds, exchange rate changes between CAD and USD influence the ETF's CAD price.

ETF Flows: Large inflows into the ETF can increase its price, while large outflows can decrease it.

Liquidity of Underlying Bonds: Difficulty in trading the underlying bonds held by FIG-U.TO can affect its price.