Fund Performance: Past performance and current investment strategy success directly impact investor demand and thus the fund's price.

Market Conditions: Overall market trends, economic indicators, and investor sentiment influence the value of the fund's underlying assets.

Interest Rates: Changes in interest rates can affect the valuations of bonds and other fixed-income securities held by the fund.

Expense Ratio: The fund's operating costs, including management fees and administrative expenses, impact its net asset value (NAV).

Supply & Demand: High demand typically increases the fund's price, while increased selling pressure can lead to price declines.

Fund Size: Larger funds may face challenges in deploying capital effectively, while smaller funds could be more volatile.

Regulatory Changes: New regulations impacting the financial industry or specific asset classes could affect the fund's investments.