[Underlying Assets' Performance]: GSXMX.US's price is significantly impacted by the performance of the assets it holds, primarily Mexican stocks. Strong performance from these companies generally lifts the fund's value, while poor performance drags it down.

[Currency Fluctuations]: The exchange rate between the US dollar and the Mexican peso (USD/MXN) plays a crucial role. A stronger peso boosts the value of Mexican assets when converted back to US dollars, and vice-versa.

[Interest Rate Changes]: Changes in interest rates by the Bank of Mexico or the US Federal Reserve can affect investor sentiment and capital flows, influencing demand for Mexican assets and, consequently, the fund's price.

[Market Sentiment]: Overall investor confidence and risk appetite towards emerging markets, particularly Mexico, directly impacts demand for GSXMX.US. Positive sentiment drives prices higher, while negative sentiment leads to sell-offs.

[Political and Economic Stability]: Political events and economic policies in Mexico have a direct bearing. Uncertainty or instability can negatively affect investor confidence and depress prices.

[Fund Management and Expenses]: The fund's expense ratio and the manager's investment strategy impact its overall returns. Higher expenses can reduce net returns for investors.

[Supply and Demand]: Like any asset, the price of GSXMX.US is also affected by the basic principles of supply and demand. If more investors want to buy the fund than sell it, the price will increase, and vice versa.