Market Performance: Overall market trends, investor sentiment, and economic conditions influence demand for the fund, impacting its price.

Fund Holdings: The performance of underlying assets (stocks, bonds) within the fund directly affects its Net Asset Value (NAV) and thus its price.

Interest Rates: Changes in interest rates, especially for fixed income assets within the fund, can affect its attractiveness and price.

Currency Fluctuations: As it's an EU fund, currency exchange rates between GBP and EUR can impact returns and perceived value for UK investors.

Fund Management: The fund manager's expertise and investment decisions can significantly influence the fund's performance and investor demand.

Fund Expenses: Ongoing expenses like management fees and operational costs are factored into the NAV, affecting the overall price.

Supply and Demand: Imbalances between investor buying and selling pressure can cause price fluctuations, even if the NAV remains stable.

Economic Indicators: Key economic data releases (GDP, inflation, employment) can influence market sentiment and investor appetite for the fund.

Geopolitical Events: Global political instability or significant events can create uncertainty and impact investment decisions, affecting the fund's price.

Sector Performance: Performance of the specific sectors or industries in which the fund invests will impact the fund's overall value.