Fund Performance: Past performance is not indicative of future results, but strong returns can attract investors, increasing demand and price.

Market Conditions: Overall economic climate, stock market trends, and sector-specific performance (e.g., technology, healthcare) influence fund asset values.

Interest Rates: Rising interest rates may make fixed-income investments more attractive, potentially diverting investment from equity funds.

Fund Size: Very large funds can become difficult to manage effectively, potentially impacting performance, while small funds might be more volatile.

Management Fees: Higher fees can erode returns and make the fund less competitive compared to similar lower-fee options.

Expense Ratio: The total cost of operating the fund affects net returns to investors, impacting its attractiveness and price.

Investor Sentiment: General optimism or pessimism in the market can drive buying or selling pressure, influencing fund prices.

Fund Strategy: How well the fund's stated investment strategy aligns with market conditions affects its success and investor interest.

Currency Fluctuations: If the fund invests in foreign assets, currency exchange rate changes can impact the fund's value in EUR.

Economic Indicators: Key data releases like GDP growth, inflation, and unemployment rates can affect market sentiment and asset prices.

Geopolitical Events: Global political instability, trade wars, or major policy changes can create market uncertainty and impact investment decisions.

Regulatory Changes: New regulations impacting financial markets or specific industries can affect fund performance and investor confidence.