Asset Performance: The fund's price is directly influenced by the performance of the underlying assets it holds, such as stocks or bonds.

Market Conditions: Broader economic and market trends, including interest rates, inflation, and geopolitical events, impact investor sentiment and fund valuation.

Fund Management: The fund manager's investment decisions, stock picking abilities, and overall strategy execution affect the fund's returns and consequently, its price.

Supply and Demand: Investor demand for the fund relative to the available supply of fund shares can cause price fluctuations. Increased demand typically leads to higher prices.

Expense Ratio: The fund's expense ratio, representing management fees and operational costs, reduces overall returns and thereby affects the fund's price in the long run.

Currency Fluctuations: As an EU fund, currency exchange rates between the Euro and other currencies can impact the fund's performance and price, especially for non-Euro investors.