Performance of Underlying Assets: The fund's price is directly tied to the performance of the assets it holds, primarily European equities. Strong performance boosts the price, while poor performance decreases it. Market Sentiment: Overall investor confidence in European markets and the broader global economy influences demand for the fund, thus affecting its price. Positive sentiment raises prices. Interest Rates: Changes in interest rates, especially within the Eurozone, can impact valuations of the underlying companies held by the fund, which in turn affects the fund's price. Currency Fluctuations: As the fund invests in European assets, currency exchange rates between the fund's base currency (likely GBP) and the Euro impact returns and thus the fund's price. Fund Flows: Significant inflows into the fund can increase demand and potentially drive up the price, while outflows can lead to price decreases as the fund may need to sell assets. Expense Ratio and Fees: The ongoing costs of managing the fund (expense ratio) can indirectly affect its performance and attractiveness to investors, influencing its market price.