Fund Performance: The fund's historical performance relative to its benchmark significantly influences its price. Strong past returns attract investors, driving up demand and price.

Market Conditions: Overall market sentiment (bullish or bearish), economic indicators (GDP growth, inflation), and geopolitical events impact investor confidence and fund flows, thus affecting the fund's price.

Interest Rates: Changes in interest rates can impact bond yields and the attractiveness of fixed-income assets held by the fund, indirectly affecting its price.

Expense Ratio: Higher expense ratios can deter investors, potentially lowering demand and affecting the fund's price over time. Lower fees generally make the fund more attractive.

Fund Size: A very large or small fund size can sometimes impact trading liquidity and efficiency, potentially affecting price fluctuations.

Investor Sentiment: General investor sentiment and risk appetite can drive inflows and outflows, significantly influencing the fund's price, especially in volatile market conditions.

Management Expertise: The fund manager's skill and experience in selecting and managing assets impact performance and investor confidence, ultimately affecting the fund's price.