Fund Performance: Past and present performance of the fund influences investor demand. Stronger performance typically leads to higher prices.

Market Conditions: Broad economic trends and market sentiment impact investor confidence, affecting fund flows and ultimately its price.

Asset Allocation: The types of assets the fund holds (stocks, bonds, real estate) and their performance directly affect the overall fund value.

Fund Management: The skill and experience of the fund managers in selecting and managing investments are crucial for generating returns.

Expense Ratio: Higher expense ratios can eat into returns, potentially making the fund less attractive compared to lower-cost alternatives.

Fund Size: Extremely large or small funds can face challenges related to liquidity and efficiency, influencing price dynamics.

Investor Sentiment: Overall investor confidence and risk appetite directly impact demand for funds like GB00B196XT51.EUFUND.

Interest Rates: Changes in interest rates impact the valuation of fixed-income assets held within the fund, which can affect its price.

Currency Fluctuations: For funds investing internationally, exchange rate movements between currencies impact the value of its holdings.