Fund Performance: Strong historical performance relative to its benchmark and peers typically attracts more investment, driving up the fund's price. Conversely, underperformance can lead to outflows and price declines.

Market Sentiment: Overall investor confidence and risk appetite influence demand for equity funds like GB00B3Y1BS45.EUFUND. Positive sentiment often leads to increased investment and higher prices.

Economic Conditions: Economic growth, inflation, and interest rate movements impact company earnings and valuations, directly affecting the underlying assets held by the fund. Strong economic data typically boosts fund prices.

Fund Holdings: The specific companies and sectors the fund invests in are crucial. Performance of those underlying investments directly impacts the fund's Net Asset Value (NAV) and price.

Fund Flows: Inflows of new capital into the fund increase demand for fund units, potentially driving up the price. Conversely, outflows require the fund manager to sell assets, potentially depressing prices.

Management Fees: Higher expense ratios can detract from returns and may make the fund less attractive to investors, indirectly impacting its price compared to lower-cost alternatives.

Regulatory Changes: New regulations affecting investment funds or the underlying assets they hold can introduce uncertainty and influence investor sentiment, potentially impacting fund prices.