[Underlying Asset Performance]: The fund's price heavily relies on the performance of its underlying assets. If the assets held by IE00B1W56R86 increase in value, the fund's price generally rises, and vice versa.

[Market Sentiment]: Overall investor confidence and the prevailing mood in the market significantly affect fund prices. Positive sentiment drives demand and prices up, while negative sentiment triggers selling pressure and lowers prices.

[Economic Conditions]: Macroeconomic factors like interest rates, inflation, GDP growth, and unemployment influence the fund's performance. These factors affect the profitability and valuation of the companies or assets the fund invests in.

[Fund Management Strategy]: The skill and decisions of the fund managers play a crucial role. Their investment choices, asset allocation, and risk management strategies directly impact the fund's returns and price.

[Currency Fluctuations]: If the fund invests in assets denominated in a different currency, exchange rate movements between those currencies and the fund's base currency will influence the fund's price.

[Supply and Demand]: The basic principles of supply and demand affect the fund's price. High demand for the fund can push the price up, while increased selling pressure can lower the price.