Global Market Conditions: Broad market trends and investor sentiment influence FKACX, particularly in emerging markets.

Emerging Market Performance: As an emerging market fund, FKACX's price is closely tied to the economic health and stock market performance of these nations.

Currency Fluctuations: Changes in currency exchange rates between the US dollar and emerging market currencies impact returns.

Interest Rate Changes: Interest rate policies in emerging markets and the US can affect economic growth and investment flows.

Political & Economic Stability: Political events and economic policies in emerging market countries significantly influence investor confidence and fund value.

Company Specific News: Significant news or events related to companies held within the fund portfolio can impact the funds overall price.

Fund Management Strategy: Decisions made by the fund managers regarding asset allocation and security selection influence the funds performance.

Investor Demand: Supply and demand dynamics for the fund itself can cause price fluctuations.