Underlying Asset Performance: The fund's price largely mirrors the performance of the assets it holds. Higher returns in those assets typically drive the fund's price up.

Market Sentiment: General investor confidence or pessimism can impact demand for the fund, causing price fluctuations independent of underlying asset performance.

Currency Exchange Rates: As an EU-focused fund, currency fluctuations between the fund's base currency and the Euro can influence its price.

Interest Rates: Changes in interest rates, particularly within the Eurozone, can affect the valuations of fixed-income assets held by the fund.

Economic Growth: The economic health of the Eurozone economies impacts corporate earnings and asset values, subsequently affecting the fund's price.

Inflation: Higher inflation within the Eurozone can erode real returns and impact asset valuations, thus affecting the fund's price.

Fund Management Fees: The costs associated with managing the fund are factored into its overall performance and can affect its price.

Supply and Demand: Simple supply and demand principles can influence the fund's price, with higher demand leading to price increases.