Market Performance: Overall market trends, particularly in sectors the fund invests in, significantly impact its price.

Fund Holdings Performance: The performance of the individual assets (stocks, bonds, etc.) within the fund's portfolio directly affects its value.

Investor Sentiment: Investor confidence and demand for the fund can drive the price up or down.

Expense Ratio: The fund's expense ratio, which covers management fees and operating costs, affects the net return to investors and thus the price.

Fund Size and Liquidity: A large, highly liquid fund may experience smaller price fluctuations compared to a smaller, less liquid one.

Economic Conditions: Macroeconomic factors like interest rates, inflation, and GDP growth influence asset valuations and fund prices.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate movements can impact the fund's price in GBP.

Management Decisions: Investment decisions made by the fund manager, such as asset allocation and security selection, affect performance.

Redemptions and Creations: Large redemptions (investors selling shares) can force the fund to sell assets, potentially lowering the price. Conversely, large creations (new shares being issued) can dilute existing holdings.

Geopolitical Events: Global political and economic events can create uncertainty and volatility in financial markets, impacting fund prices.

Regulatory Changes: Changes in regulations governing investment funds or the specific sectors in which the fund invests can affect its value.

Dividend Yield: The fund's dividend yield, if any, can influence its attractiveness to investors and thus its price.

Peer Group Performance: Comparison to similar funds can influence investor perception and demand, impacting the price.

Sector-Specific News: News and developments related to the specific industries or sectors in which the fund invests can drive price movements.