Global Infrastructure Sector Performance: The fund invests in infrastructure companies globally, so the overall health and performance of the infrastructure sector worldwide heavily influences its price.

Interest Rate Environment: Changes in interest rates can impact infrastructure projects, which are often capital intensive. Higher rates can increase borrowing costs, potentially decreasing project profitability and the fund's value.

Economic Growth Prospects: Strong economic growth typically leads to increased infrastructure demand, benefiting infrastructure companies and the fund's performance. Slower growth or recessionary periods can have the opposite effect.

Inflation Rates: Inflation can affect the costs of infrastructure projects, impacting company earnings and the fund's value. Additionally, infrastructure companies with pricing power may be better positioned to handle inflationary pressures.

Regulatory Changes: Government regulations related to infrastructure development, environmental standards, and taxation can significantly affect the profitability and operations of infrastructure companies.

Currency Fluctuations: As a global fund, currency exchange rates between the US dollar and other currencies where infrastructure companies are located will impact the fund's returns.

Political Stability: Political instability or geopolitical risks in regions where infrastructure companies operate can negatively impact the fund's performance due to uncertainties surrounding project execution and asset ownership.

Supply Chain Disruptions: Disruptions in global supply chains can increase the costs of materials and equipment used in infrastructure projects, impacting the profitability of infrastructure companies.

Energy Prices: Energy prices, particularly those related to construction and transportation, can influence the costs of infrastructure projects and the performance of companies in the fund.

Specific Company Performance: The financial health and performance of the individual infrastructure companies held within the fund's portfolio directly affect the fund's overall value.