Market Conditions: Overall market sentiment, economic growth, and investor confidence significantly impact fund prices. Positive trends typically lead to increased demand and higher prices, while downturns can cause declines.

Investment Strategy & Portfolio: The fund's specific investment strategy (e.g., focus on particular sectors or asset classes) and the performance of the underlying assets in its portfolio directly influence its price. Strong performing assets boost the fund's value.

Fund Flows: Significant inflows into the fund can temporarily increase its price, while large outflows can put downward pressure on it as the fund manager sells assets to meet redemption requests.

Expense Ratio & Management Fees: Higher expense ratios and management fees detract from the fund's overall returns and can negatively impact its price compared to similar funds with lower costs.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income investments within the fund's portfolio, thus impacting its price.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, fluctuations in exchange rates can affect the fund's value when converted back to the base currency.

Geopolitical Events: Major global events like political instability, trade wars, or economic sanctions can impact investor sentiment and market stability, leading to price volatility in the fund.