Global Economic Conditions: Global economic growth, recessions, and inflation impact investor sentiment and risk appetite, influencing flows into and out of emerging market funds like FOSJEX.US.

Emerging Market Performance: The overall performance of emerging market economies, particularly their growth rates and political stability, significantly affects the fund's returns and price.

Interest Rate Changes: Changes in interest rates, especially in the US, can affect capital flows to emerging markets, thereby influencing the fund's price. Higher US rates may reduce the fund's attractiveness.

Currency Fluctuations: Currency exchange rate fluctuations in emerging market countries where the fund invests can impact the fund's returns when translated back to USD.

Geopolitical Events: Geopolitical risks, such as political instability, conflicts, and trade wars, can create uncertainty and volatility, affecting investor confidence and the fund's price.

Company Specific News: The performance of individual companies within the fund's portfolio directly affects the fund's overall value. Positive or negative company news influences the fund's price.

Commodity Prices: Emerging market economies are often commodity-dependent. Changes in commodity prices, particularly energy and metals, can influence their economic health and, in turn, the fund's price.

Fund Flows: Large inflows or outflows of investor money into or out of the fund can affect its price, particularly if the fund holds less liquid assets.

Market Sentiment: Overall investor sentiment toward emerging markets influences demand for the fund. Positive sentiment can drive up the price, while negative sentiment can lead to price declines.

Regulatory Changes: Changes in regulations in emerging markets or in the US pertaining to investment funds can impact the fund's operations and investor perception.