Net Asset Value (NAV): Represents the fund's per-share value, calculated daily based on the market value of its underlying assets, minus liabilities, divided by the number of outstanding shares.

Market Supply and Demand: Higher demand for the fund typically drives its price up, while increased selling pressure can lower the price, even if the NAV remains relatively stable.

Underlying Asset Performance: The fund's value is directly affected by the performance of the assets it holds, like stocks or bonds, so positive or negative performance influences the fund's overall price.

Fund Management Fees: Fees charged by the fund manager affect the fund's profitability and thus impact its ability to generate returns, ultimately influencing the share price.

Economic Conditions: Broad economic factors, such as interest rates, inflation, and economic growth, can influence investor sentiment and impact the performance of the assets held within the fund.

Investor Sentiment: Overall market optimism or pessimism can affect demand for investment funds, including GB00B4NSDF47.EUFUND, influencing price fluctuations beyond the underlying asset performance.