Global market conditions: Broad economic trends, investor sentiment, and geopolitical events impacting global markets influence GMWZX.US, a global fund.

Sector performance: The performance of sectors in which GMWZX.US invests, such as technology or healthcare, directly affects its overall value.

Currency fluctuations: Changes in currency exchange rates, particularly the relative value of the US dollar versus other currencies, impact returns from international holdings.

Fund management strategy: The investment decisions made by the fund manager, including asset allocation and security selection, influence the fund's performance.

Interest rate changes: Shifts in global interest rates can affect bond yields and the valuation of fixed-income securities within the fund.

Company-specific news: News and events related to individual companies held in GMWZX.US's portfolio influence their stock prices and thus the fund's value.

Inflation rates: Rising inflation globally can erode the real returns of investments within the fund, impacting its price.

Economic growth: The pace of economic growth in various countries where GMWZX.US invests affects the profitability of companies in those regions and the fund's performance.