Economic Conditions: Overall economic health, including GDP growth, inflation, and interest rates, influences investor sentiment and fund performance.

Market Performance: The performance of global equity and bond markets impacts the value of underlying assets in the fund.

Fund Management: The fund manager's investment decisions, stock selection, and asset allocation strategies affect returns.

Interest Rate Changes: Fluctuations in interest rates can impact the valuation of fixed-income securities held in the fund.

Currency Exchange Rates: Changes in currency exchange rates impact the value of international investments in US dollar terms.

Geopolitical Events: Global events like political instability, trade wars, or regulatory changes can create market volatility.

Investor Sentiment: Broad investor confidence or fear can drive inflows or outflows, affecting fund liquidity and potentially its price.

Company Performance: The financial health and performance of individual companies within the fund's portfolio are crucial.

Inflation: High inflation erodes purchasing power and influences investor asset allocation decisions, impacting fund demand.

Supply and Demand: The balance of buyers and sellers of GMVAX shares directly impacts its price in the market.