Fund Performance: Past and present performance of the fund significantly influences its price. Strong historical returns attract investors, driving up demand and price.

Market Conditions: Overall market sentiment, economic indicators (GDP growth, inflation), and geopolitical events impact investor confidence and fund prices.

Asset Allocation: The fund's investment strategy and the specific assets it holds (stocks, bonds, etc.) influence its value. Changes in the value of these assets directly affect the fund's price.

Management Fees: The fund's expense ratio (management fees and other operating costs) affects investor returns and, indirectly, the fund's price. Higher fees can deter investment.

Investor Demand: High demand for the fund pushes the price up. Conversely, redemptions can lower the price.

Interest Rates: Changes in interest rates affect the value of fixed-income securities held by the fund, thus impacting the fund's overall price.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate fluctuations can affect the fund's value when converted back to the fund's base currency.

Fund Size: Very large funds can sometimes experience difficulties in generating significant returns, potentially affecting investor sentiment and price.