Fund Performance: The underlying performance of the assets held within the IE00B4X15B31.EUFUND significantly impacts its price. Strong performance drives demand and increases the Net Asset Value NAV

Market Conditions: Broader economic and market conditions, such as interest rates, inflation, and geopolitical events, can influence investor sentiment and affect the fund's price

Investor Demand: Supply and demand dynamics play a crucial role. Increased investor demand pushes the price upwards, while selling pressure can lower it

Fund Management: The fund manager's expertise, investment strategy, and ability to navigate market volatility directly impact the fund's returns and, consequently, its price

Expense Ratio: The fund's expense ratio, including management fees and operating expenses, can affect its overall profitability and impact the attractiveness of the fund

Currency Fluctuations: For funds investing in international assets, exchange rate fluctuations can affect the fund's value when translated back to the base currency

Regulatory Changes: Changes in regulations or tax laws can influence the attractiveness of investment funds and impact their prices

Dividend Distribution: The fund's dividend policy and payout frequency can influence investor demand and potentially affect the fund's price, especially around dividend distribution dates