Constituent Holdings Performance: The underlying assets held within the fund, like specific stocks or bonds, significantly impact its price. Their performance directly translates to the fund's overall value.

Market Sentiment: Broad market trends and investor confidence influence fund prices. Positive sentiment drives demand and increases prices, while negative sentiment can lead to sell-offs and price declines.

Interest Rate Changes: For bond-heavy funds, rising interest rates typically decrease bond values, thereby lowering the fund's price. Conversely, falling rates can increase the fund's value.

Currency Fluctuations: If the fund holds assets denominated in different currencies, exchange rate fluctuations can affect its price when converted back to the base currency.

Fund Management Fees & Expenses: The fund's expense ratio and other associated costs can impact returns and, consequently, the price. Higher fees eat into potential gains.

Supply and Demand: The balance between investors buying and selling fund shares influences the price. Higher demand generally leads to higher prices, and increased selling pressure can lower them.

Economic Indicators: Macroeconomic factors like inflation, GDP growth, and unemployment rates can influence investor sentiment and the performance of the assets held by the fund, affecting its price.