Fund Performance: Past performance and ongoing investment decisions directly influence the fund's net asset value (NAV), which drives its price. Strong performance attracts investors, increasing demand and price.

Market Conditions: Broad economic trends, sector-specific performance (EU focused funds affected by EU economy), and investor sentiment impact the value of underlying assets and therefore the fund's price.

Expense Ratio: The fund's operating expenses (management fees, administrative costs) reduce returns and affect the price. Higher expense ratios can lead to lower performance and price.

Supply and Demand: Investor demand for the fund's shares relative to available supply influences the trading price, particularly if trading volume is high compared to fund size.

Currency Fluctuations: As it's an EU fund, the fund's assets are likely in Euro. Currency exchange rates between the Euro and the base currency affect the price for investors outside the Eurozone.

Dividend Distributions: Dividends paid out by the fund reduce its NAV, temporarily lowering the price around the ex-dividend date if not fully priced in.

Interest Rates: Changes in interest rates can impact the valuation of fixed-income securities held within the fund, subsequently affecting its price.

Regulatory Changes: Changes in tax laws, investment regulations, or other policies can affect the attractiveness and performance of the fund, influencing its price.