Global Financial Market Conditions: Broad market trends, investor sentiment, and macroeconomic factors like interest rates and inflation influence fund valuations. Eurozone Economic Performance: Since it's an EU fund, economic growth, employment rates, and political stability within the Eurozone directly affect its holdings and performance. Fund's Investment Strategy: The sectors, industries, and geographical regions the fund invests in, as well as its asset allocation strategy, determine its exposure to different market risks. Specific Holdings Performance: The performance of individual companies and assets held within the fund's portfolio contribute significantly to its overall price. Currency Exchange Rates: Fluctuations in the Euro exchange rate, especially against other major currencies, impact the fund's value if it holds assets denominated in non-Euro currencies. Fund Management Expertise: The fund manager's ability to select profitable investments and manage risk effectively plays a crucial role in the fund's performance and price. Fund Expenses and Fees: Management fees, operating expenses, and transaction costs charged by the fund reduce its returns and impact its price. Investor Demand and Supply: Higher demand for the fund can drive up its price, while increased selling pressure can lower it.