Fund Performance: The fund's historical returns and performance relative to its benchmark significantly impact its price.

Market Conditions: Overall market trends, economic growth, and investor sentiment influence demand and the fund's valuation.

Sector Performance: The performance of the sectors in which the fund invests directly affects its returns and price.

Interest Rates: Changes in interest rates can impact the attractiveness of bond funds and other fixed-income assets held by the fund.

Fund Management: The skill and experience of the fund manager influence investment decisions and the fund's overall performance.

Expense Ratio: The fund's expense ratio affects returns. Lower expense ratios generally result in higher returns for investors.

Fund Size: The size of the fund can impact its liquidity and ability to effectively manage investments. Very large funds can sometimes face diseconomies of scale.

Currency Fluctuations: For funds investing in international assets, currency exchange rates can impact the fund's returns when converted back to the investor's currency.

Regulatory Changes: Changes in regulations and tax laws can impact the fund's investment strategy and returns.

Geopolitical Events: Global events, such as political instability or trade wars, can affect market sentiment and the fund's performance.