Market conditions: Overall market sentiment, economic growth, and investor confidence influence demand for the fund's underlying assets, impacting its Net Asset Value (NAV).

Fund performance: The fund's historical returns and relative performance compared to its benchmark and peers significantly affect investor demand and thus the price.

Interest rates: Changes in interest rates can impact the valuation of fixed-income assets held within the fund, influencing its NAV.

Currency fluctuations: As the fund invests internationally, currency exchange rates between the fund's base currency and the currencies of its investments can affect returns.

Fund manager expertise: The skill and experience of the fund manager in selecting and managing investments play a crucial role in the fund's performance.

Expense ratio: The fund's expense ratio, including management fees and operating expenses, reduces the returns passed on to investors.

Supply and demand: The balance between investor buying and selling pressure directly affects the fund's market price.

Regulatory changes: Changes in regulations affecting financial markets or investment funds can impact the fund's operations and attractiveness to investors.

Economic indicators: Economic indicators such as inflation, unemployment, and GDP growth can influence the performance of the fund's underlying assets.

Geopolitical events: Global political and economic events can create market volatility and impact investor sentiment, affecting the fund's price.