Fund Performance: How well the fund's underlying assets perform directly impacts its price. Strong returns typically increase demand and price.

Market Conditions: Overall economic climate, including interest rates, inflation, and investor sentiment, influences market performance and fund valuation.

Sector Performance: The specific sectors the fund invests in affect its price. If those sectors are thriving, the fund is likely to appreciate.

Fund Management: The skill and experience of the fund managers in selecting investments and managing risk can significantly impact returns and fund price.

Expense Ratio: Higher management fees and operating expenses can reduce returns, potentially affecting investor demand and price.

Supply and Demand: Basic economic principles apply. Increased investor demand drives up the price, while higher selling pressure pushes it down.

Regulatory Changes: New regulations impacting the financial markets or specific sectors held by the fund can affect investor confidence and price.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate changes will impact the fund's value when converted back to the base currency.

Dividend Yield: The dividend yield of the underlying assets influences the funds total return and can affect its attractiveness to investors.

Geopolitical Events: Global events like political instability or trade wars can trigger market volatility and affect fund prices.