[Market Performance]: The fund's price largely depends on the performance of the underlying assets it holds, such as stocks or bonds, within the European market. A rising market generally increases the fund's value.

[Investor Sentiment]: Demand for the fund impacts its price. Positive sentiment and increased investment drive prices up, while negative sentiment and redemptions can lower them.

[Currency Fluctuations]: As a fund potentially investing in European assets, currency exchange rates between GBP and EUR can affect returns. A weaker GBP increases the fund's GBP value.

[Fund Management]: The fund manager's skill in selecting and allocating assets, along with managing expenses, significantly influences the fund's overall performance and price.

[Economic Conditions]: Macroeconomic factors like interest rates, inflation, and GDP growth in Europe influence the performance of the assets within the fund, and thus the fund's price.

[Interest Rate Changes]: Changes in interest rates, especially by the European Central Bank, can affect bond yields and stock valuations, which in turn impact the fund's overall value.