Fund Holdings' Performance: The underlying investments within the fund directly impact its price. Positive performance of assets, such as stocks or bonds, drives the fund's value upward, and vice-versa.

Market Conditions: Broader economic trends, investor sentiment, and industry-specific events influence the demand and supply of assets held by the fund, thus affecting its price.

Fund Flows: Investor activity – buying (inflows) or selling (outflows) shares of the fund – influences its price. Heavy inflows can push prices up, while significant outflows can cause a decrease.

Expense Ratio & Fees: Higher management fees and operating expenses can erode the fund's returns, impacting its price relative to comparable, lower-cost funds.

Currency Fluctuations: As this is a likely EUR denominated fund, exchange rate changes between EUR and other currencies used to buy underlying assets will affect its price.

Interest Rates: Rising interest rates generally negatively impact bond values held in the fund, while affecting equity valuations, thus impacting the fund price.

Fund Manager Skill: The fund manager's investment decisions and ability to select profitable assets play a crucial role in the fund's performance and ultimately its price.