Investment Strategy: The fund's specific allocation across different asset classes and geographies, as outlined in its investment strategy, directly impacts returns and thus the price of fund units.

Market Conditions: Broad economic trends, investor sentiment, and geopolitical events can influence the performance of the underlying assets held by the fund, affecting its net asset value (NAV).

Fund Expenses: Management fees, administrative costs, and other expenses are deducted from the fund's assets, lowering returns and subsequently the fund's price.

Fund Performance: The historical and recent performance of the fund relative to its benchmark and peers affects investor demand, influencing buying and selling pressure and the price.

Currency Fluctuations: For funds investing in foreign assets, changes in exchange rates between the fund's base currency and the currencies of the underlying investments can impact returns.

Interest Rates: Changes in interest rates can affect the valuations of fixed-income securities and other assets held by the fund, leading to price fluctuations.

Supply and Demand: The demand from investors for the fund's units relative to the available supply can influence the trading price, particularly in the secondary market.

Regulatory Changes: New regulations or changes to existing regulations can impact the fund's investment strategy, expenses, or the attractiveness of the assets it holds, affecting the price.