Fund Performance: The fund's historical performance significantly affects its price, with strong returns typically attracting more investors and driving up the price.

Market Conditions: Overall market sentiment and economic conditions in the regions where the fund invests heavily influence its price. Positive markets generally lead to price increases, while negative markets can cause declines.

Underlying Asset Performance: The performance of the assets (e.g., stocks, bonds) held within the fund directly impacts its Net Asset Value (NAV) and therefore its price.

Investor Demand: High demand for the fund relative to its supply can increase its price, while low demand can lead to price decreases.

Fund Management Expertise: The skill and experience of the fund's managers in making investment decisions play a crucial role. A well-managed fund typically attracts more investment.

Expense Ratio and Fees: The fund's expense ratio (management fees, operating expenses) can affect its attractiveness to investors and therefore indirectly influence its price.

Interest Rates: Changes in interest rates can impact the value of fixed-income securities held within the fund, thereby affecting the fund's overall price.

Currency Exchange Rates: If the fund invests in foreign assets, fluctuations in currency exchange rates can affect the fund's returns when converted back to the base currency.

Economic Indicators: Key economic indicators such as GDP growth, inflation, and unemployment rates in the regions where the fund invests can influence investor sentiment and the fund's price.

Regulatory Changes: Changes in regulations and tax laws can impact the attractiveness and profitability of investments, potentially affecting the fund's price.