Fund Performance: Past and present performance influences investor demand. Higher returns generally attract more investment, increasing the fund's NAV.

Market Conditions: Broad market trends, economic growth, and investor sentiment significantly impact asset values within the fund's portfolio.

Interest Rates: Changes in interest rates affect bond valuations and potentially impact equity valuations, indirectly influencing the fund's overall value.

Fund Management: The fund manager's investment strategy, stock picking skills, and risk management contribute to the fund's performance and price.

Expense Ratio: Higher expense ratios can reduce the fund's overall return, potentially impacting its price relative to its peers.

Investor Demand: High investor demand can drive up the fund's price, while increased redemptions can put downward pressure on it.

Currency Fluctuations: As an EU fund, currency exchange rates between the Euro and other currencies can impact returns for non-Euro investors.

Sector Performance: The performance of specific sectors in which the fund invests directly affects the fund's value.

Regulatory Changes: Changes in regulations or tax laws can affect investment strategies and ultimately impact fund performance.

Dividend Payouts: Regular dividend payments from underlying holdings contribute to fund value and can influence investor sentiment.