[Market Conditions]: Overall stock market performance significantly impacts fund prices. A rising market typically increases fund value; a falling market decreases it.

[Fund Holdings' Performance]: The performance of the underlying assets held by the fund, such as specific stocks or bonds, directly affects the fund's net asset value (NAV).

[Interest Rates]: Changes in interest rates can influence bond values within the fund, impacting its price.

[Economic Indicators]: Macroeconomic data like GDP growth, inflation, and unemployment can shift investor sentiment and subsequently affect fund valuations.

[Currency Fluctuations]: As an international fund, currency exchange rates between the Euro and other currencies can influence returns.

[Fund Management Decisions]: The fund manager's investment strategies, stock selection, and asset allocation choices play a crucial role.

[Investor Demand]: High demand for the fund may drive up its price, while low demand can lead to price declines.