Fund Performance: Historical and current performance directly impacts investor demand, influencing the fund's price. Strong performance attracts more investors, driving prices up.

Market Conditions: Broader market trends, such as economic growth, inflation, and interest rates, affect overall investor sentiment and demand for investment funds, thus impacting the price.

Asset Allocation: The types of assets the fund invests in (e.g., stocks, bonds) and their performance contribute to the fund's overall value and price.

Fund Size: A larger fund size can sometimes lead to diseconomies of scale, potentially impacting performance and price. Conversely, smaller funds can be more volatile.

Management Fees: High management fees can detract from returns, making the fund less attractive and potentially lowering its price.

Investor Sentiment: Overall investor mood towards the specific asset class or geographic region the fund targets plays a significant role in price fluctuations.

Currency Fluctuations: If the fund invests in foreign assets, exchange rate movements can impact the fund's value when converted back to the base currency, affecting the price.