Investment Portfolio Performance: The underlying assets held by LU0966593344.EUFUND, their performance directly influences the fund's net asset value (NAV).

Market Conditions: Broad market trends, economic outlook and investor sentiment impact the valuations of assets held by the fund.

Fund Management Decisions: The investment strategy, asset allocation, and stock selection decisions made by the fund manager affect returns.

Expense Ratio: The fees charged by the fund for management, administration and other operating expenses affect the overall returns.

Supply and Demand: Investor demand for LU0966593344.EUFUND shares affects the market price.

Currency Fluctuations: Currency fluctuations affect the value of international holdings.

Interest Rates: Changes in interest rates affect the valuation of fixed-income holdings and the attractiveness of the fund.

Geopolitical Events: Geopolitical events such as political instability or trade wars affect the markets.

Inflation: Inflation affects the market and consequently the fund's NAV.

Regulatory Changes: Regulatory changes affect the market and consequently the fund's NAV.