The factors should be relevant to the question. Underlying Asset Performance: The primary driver is the performance of the assets held within the fund. If the investments rise in value, the fund's price will generally increase, and vice versa. Market Sentiment: Overall investor confidence and market trends significantly impact fund prices. Positive sentiment typically leads to increased investment and higher prices. Expense Ratio: The fund's operating costs, including management fees, affect its net asset value. Higher expenses can erode returns, impacting the fund's price negatively. Supply and Demand: Increased demand for the fund's shares can drive up the price, while increased selling pressure can lead to price declines. Economic Conditions: Macroeconomic factors such as interest rates, inflation, and economic growth influence the performance of the fund's underlying investments.