Fund Performance: Historical and current performance of the fund's underlying assets directly impacts its price.

Market Conditions: Broader market trends, economic growth, and investor sentiment influence fund valuation.

Interest Rates: Changes in interest rates can affect bond yields and overall investment attractiveness, influencing fund prices.

Fund Management: Decisions made by the fund manager regarding asset allocation and investment strategies impact returns and price.

Fund Size & Liquidity: A larger fund may be more stable, but liquidity (how easily it can be bought/sold) can also affect price.

Expense Ratio: Higher fees can reduce returns and negatively impact the fund's price over time.

Currency Fluctuations: For funds holding international assets, currency exchange rates can affect the fund's net asset value in EUR.

Supply and Demand: Investor demand for the fund's shares affects its price; high demand can push prices up, and vice versa.