Economic Growth: Strong economic growth generally supports higher corporate earnings, boosting the value of stocks held by the fund.

Interest Rates: Rising interest rates can make bonds more attractive, potentially leading to outflows from stock funds like FSPWDX.US, decreasing its price.

Inflation: High inflation can erode corporate profits and investor sentiment, potentially lowering the fund's value.

Market Sentiment: Overall investor optimism or pessimism can drive broad market movements, affecting the demand and price of the fund.

Fund Management: The fund manager's investment decisions and stock selection skills impact the fund's performance and ultimately its price.

Sector Performance: FSPWDX.US's allocation to specific sectors will affect the price as the sectors perform well or poorly.

Global Events: Geopolitical events and global economic conditions can create volatility in financial markets, influencing the fund's value.