Global Equity Market Performance: Broad market trends in global equities significantly influence GMVW.AU's value. Positive sentiment lifts prices, while downturns cause declines.

Currency Fluctuations: Changes in the Australian dollar's exchange rate against other currencies (particularly currencies of the markets GMVW tracks) directly impact the ETF's returns. A weaker AUD boosts returns, while a stronger AUD diminishes them.

Index Composition and Weightings: Modifications to the underlying MSCI Global Value Weighted Index, including changes in constituent stocks and their respective weightings, affect GMVW.AU's performance.

Fund Flows: Investor demand for and supply of GMVW.AU units affects the ETF's price. High demand typically increases prices, whereas significant redemptions can lead to price decreases.

Geopolitical and Economic Events: Major global events, such as political instability, economic recessions, or trade wars, can impact investor sentiment and lead to price volatility in GMVW.AU.