[Market Conditions]: Overall market sentiment and economic trends significantly impact fund performance. A bullish market usually drives prices up, while a bearish one pushes them down.

[Fund Holdings Performance]: The performance of the underlying assets (stocks, bonds, etc.) held within the fund directly affects its Net Asset Value (NAV), which determines the price. Good performance increases the price, poor performance decreases it.

[Interest Rates]: Interest rate changes, especially by central banks, can influence bond valuations and, consequently, the fund's price if it contains fixed-income securities. Rising rates typically lower bond prices.

[Inflation]: Inflationary pressures impact the value of assets held in the fund. High inflation can erode returns, potentially lowering the fund's price if not offset by strong asset performance.

[Currency Fluctuations]: If the fund invests in assets denominated in other currencies, exchange rate movements can affect the fund's return and therefore its price when converted back to the base currency.

[Fund Management Strategy]: The fund manager's investment decisions and strategy play a crucial role. Skillful management can enhance returns and increase the price, while poor choices can negatively impact it.

[Fund Expenses]: Management fees, operating costs, and other expenses charged by the fund reduce the overall returns and can affect the price. Higher expenses can hinder price growth.

[Investor Demand]: High demand for the fund can drive up its price, especially if the supply of units is limited. Conversely, large redemptions (investors selling their shares) can put downward pressure on the price.

[Geopolitical Events]: Major political or economic events globally can create market uncertainty and impact investor sentiment, leading to price fluctuations in the fund.

[Sector Performance]: If the fund focuses on a specific industry or sector, the performance of that sector will significantly impact the fund's overall value and price. Strong sector growth benefits the fund, while a decline hurts it.