[Market Interest Rates]: Rising interest rates often decrease bond prices and potentially the fund's Net Asset Value (NAV). Lower rates can have the opposite effect.

[Creditworthiness of Holdings]: If the fund invests in bonds, the credit ratings and financial health of the issuers significantly impact the fund's value. Downgrades can lower prices.

[Inflation Expectations]: Higher inflation expectations typically lead to lower bond prices and NAV, as investors demand higher yields to compensate for inflation erosion.

[Economic Growth]: Strong economic growth may lead to expectations of higher interest rates, impacting bond values negatively. Slower growth could boost bond values.

[Fund Management Fees]: High expense ratios reduce returns and can make the fund less attractive compared to lower-cost alternatives, potentially affecting demand and price.

[Investor Sentiment]: General market sentiment and demand for similar EU-focused funds can influence the price, particularly in the short term.

[Geopolitical Risks]: Political instability or economic uncertainties in the EU or globally can impact the fund's value, especially if its holdings are concentrated in affected regions.

[Currency Fluctuations]: If the fund invests in assets denominated in currencies other than the investor's home currency, fluctuations in exchange rates can affect the fund's returns.

[Liquidity]: The fund's liquidity, or ease of buying and selling shares, can impact its price. Illiquid funds may trade at a discount.

[Regulatory Changes]: New regulations impacting the fund's investment strategy or the underlying assets can affect its price.