Fund Performance: Past and present performance of the fund significantly impacts its price. Strong performance attracts investors, increasing demand and price.

Market Conditions: Overall market sentiment and economic conditions in the fund's investment region affect the value of the fund's holdings. Positive market trends generally lead to higher prices.

Asset Allocation: The specific assets held within the fund, such as stocks or bonds, and their individual performance influence the fund's overall value and price.

Expense Ratio: The fund's expense ratio, which covers management fees and other operational costs, can affect its returns and consequently its price. Higher expense ratios can lead to lower returns.

Investor Sentiment: Investor confidence and demand for the fund play a role in price fluctuations. Positive sentiment increases demand, pushing the price higher.

Interest Rates: Changes in interest rates, particularly in the regions where the fund invests, can impact the value of fixed-income assets held within the fund.

Currency Fluctuations: For funds investing internationally, currency exchange rates can influence the value of the fund's assets when converted back to the fund's base currency.