Underlying Asset Performance: The fund's price is directly tied to the performance of its underlying assets, which likely include stocks, bonds, or other securities.

Market Conditions: Broader market trends, economic indicators, and investor sentiment can significantly impact the overall value of the assets held within the fund.

Fund Management: The skill and strategy of the fund manager in selecting and managing investments play a crucial role in the fund's performance and price.

Expense Ratio: The fund's operating expenses, including management fees and administrative costs, are deducted from the fund's assets, affecting the net return and price.

Supply and Demand: Increased demand for the fund can drive up its price, while increased selling pressure can lead to a price decrease.

Interest Rates: Changes in interest rates, particularly if the fund holds bonds, can impact the fund's price. Rising rates can decrease bond values.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate movements can affect the fund's euro-denominated price.

Inflation: Rising inflation can erode the real value of investments, potentially impacting the fund's price if the underlying assets don't keep pace.