Investment Performance: The fund's success in generating returns from its underlying investments directly influences its price.

Market Conditions: Broad economic trends, investor sentiment, and market volatility can impact the demand and supply of the fund, affecting its price.

Sector Performance: The performance of sectors in which the fund invests, such as technology or healthcare, will impact the fund's overall value.

Fund Management: The skill and strategy of the fund managers in selecting and managing investments play a key role.

Expenses & Fees: Management fees, operating expenses, and other costs charged by the fund reduce returns and can affect the price.

Investor Demand: High demand can drive up the price, while increased selling pressure can lower it.

Currency Fluctuations: Since it's an EU fund, exchange rate movements can impact returns for non-euro investors.

Interest Rates: Changes in interest rates can affect the attractiveness of fixed-income investments within the fund.