Fund Performance: The fund's historical returns and performance relative to its benchmark directly influence its attractiveness and price.

Market Conditions: Overall market sentiment, economic indicators, and geopolitical events can impact investor confidence and fund valuations.

Asset Allocation: The types of assets held within the fund (e.g., stocks, bonds) and their respective weightings affect the fund's price.

Fund Size & Flows: Large fund sizes or significant inflows/outflows can influence the fund's ability to efficiently manage its portfolio.

Management Fees: High management fees can detract from returns and make the fund less attractive, affecting its price.

Interest Rates: Changes in interest rates can impact bond valuations within the fund and affect overall returns.

Currency Fluctuations: If the fund invests in foreign assets, currency exchange rates will impact the fund's price in EUR.

Investor Sentiment: General investor optimism or pessimism can drive demand for the fund, influencing its price.

Regulatory Changes: Changes in regulations governing investment funds can impact the fund's operational costs and attractiveness.

Specific Holdings: The performance of key individual holdings within the fund can significantly affect the overall fund price.