Global Equity Market Performance: IGRO.AU tracks a global equity index, so broad market uptrends or downturns significantly impact its price. Strong global economic growth usually boosts equity valuations.

Currency Fluctuations: As IGRO.AU invests in international equities, exchange rate movements (AUD vs. other currencies) directly affect its AUD-denominated price. A weaker AUD increases the ETF's value.

Underlying Index Performance: The ETF's price closely mirrors the performance of its tracked index. Changes in the index composition or weighting directly impact IGRO.AU's value.

Investor Demand and Sentiment: High demand for global equities increases IGRO.AU's price, while negative sentiment can lead to sell-offs and price declines. Market fear levels influence investment decisions.

Expense Ratio and Management Fees: IGRO.AU's expense ratio and any associated management fees can slightly reduce its overall returns compared to the underlying index, impacting its price over time.