Underlying Asset Performance: The performance of the assets held within the fund, such as stocks or bonds, directly impacts the fund's net asset value (NAV) and price.

Market Conditions: Broad market trends, economic indicators, and investor sentiment in the European markets where the fund invests influence the value of the underlying assets.

Fund Management: The fund manager's investment decisions, including asset allocation and security selection, affect the fund's returns and price.

Currency Fluctuations: As the fund may invest in assets denominated in different currencies, exchange rate movements impact the fund's value when converted back to the fund's base currency.

Interest Rates: Changes in interest rates, especially in the Eurozone, can affect the value of fixed-income securities held by the fund.

Supply and Demand: The overall demand for the fund's shares and the number of shares available can influence its market price.

Expense Ratio: The fund's operating expenses, including management fees and administrative costs, are factored into the NAV and indirectly affect the price.

Geopolitical Events: Political and economic events in Europe and globally can create volatility and impact investor confidence, affecting the fund's performance.

Sector Performance: The performance of specific sectors in which the fund invests heavily influences the fund's overall value.

Inflation: Inflation rates can impact the value of assets, especially fixed-income investments, and influence the fund's performance.