Fund Performance: Past performance and investment strategies influence investor demand, driving price fluctuations.

Market Conditions: Overall market trends (bull or bear markets), economic indicators, and geopolitical events affect underlying asset values.

Interest Rates: Interest rate changes impact bond yields, affecting fixed income investments within the fund.

Inflation: Inflation erodes purchasing power, influencing investment choices and potentially lowering fund prices.

Fund Management: The fund manager's expertise and investment decisions significantly impact returns and perceived fund value.

Expense Ratio: Higher expense ratios can detract from returns, making the fund less attractive and potentially affecting its price.

Investor Sentiment: Positive or negative investor sentiment towards the fund category can influence buying and selling pressure.

Currency Fluctuations: For funds investing in international assets, currency exchange rates impact returns in EUR, thus impacting price.