Market Performance: Overall market trends in the fund's investment region (e.g., European markets) significantly influence its price. A rising market generally pushes the fund price upward, while a declining market pulls it down.

Underlying Asset Performance: The performance of the individual stocks, bonds, or other assets held within the fund directly affects the fund's net asset value (NAV) and consequently its price. Strong performance boosts the price, while poor performance lowers it.

Investor Sentiment: Investor confidence and demand play a vital role. High demand can drive up the fund price, especially if the supply of shares is limited. Conversely, negative sentiment and increased selling pressure can lead to a price decrease.

Currency Fluctuations: For funds investing in international markets, currency exchange rates impact returns. A strengthening of the fund's base currency against the currencies of the underlying assets can negatively affect the fund's price when measured in the base currency.

Fund Management Fees & Expenses: The fund's expense ratio, which covers management fees and operating costs, affects overall returns. Higher expenses reduce the fund's NAV and can impact its price over time.

Interest Rate Changes: Changes in interest rates can influence the value of fixed-income securities held by the fund. Rising interest rates typically lead to a decrease in bond prices, potentially lowering the fund's price if it holds a significant portion of bonds.