Underlying Asset Performance: The primary driver of IE00BYMD5M13.EUFUND's price is the performance of the assets it holds. Positive performance in these assets typically leads to an increase in the fund's Net Asset Value (NAV), which directly impacts its price.

Market Sentiment: General investor sentiment towards the asset classes and regions in which the fund invests affects its price. Positive sentiment can drive increased demand, pushing the price up, while negative sentiment can cause sell-offs and price declines.

Interest Rate Changes: Interest rate changes, particularly within the economies represented by the fund's investments, can impact asset valuations and, consequently, the fund's price. Rising rates may negatively impact bond valuations, while lower rates can be beneficial.

Currency Fluctuations: As the fund invests across different regions, currency fluctuations can affect returns when converted back to the fund's base currency. A stronger base currency reduces the value of overseas holdings, while a weaker one can increase it.

Fund Management Fees: Management fees and other expenses directly impact the fund's NAV. Higher fees reduce the returns available to investors and can negatively affect the price.

Supply and Demand: The forces of supply and demand in the secondary market where the fund is traded can influence its price, particularly for exchange-traded funds (ETFs). High demand relative to supply can push prices above the NAV, while excess supply can lead to discounts.

Economic Data: Macroeconomic indicators like GDP growth, inflation, and unemployment rates within the regions represented by the fund's holdings can influence investor confidence and asset valuations, impacting the fund's price.

Geopolitical Events: Political instability, regulatory changes, or significant geopolitical events in the countries or regions where the fund invests can create uncertainty and affect market sentiment, causing price fluctuations.

Sector-Specific Performance: If the fund concentrates on specific sectors, the performance of those sectors will strongly influence its overall price. Positive performance in those sectors will likely drive the price up, and vice versa.

Inflation: Inflation levels and expectations impact investor behaviour and central bank policies, ultimately influencing asset prices, therefore affecting the fund price.