Global Market Conditions: Broad economic trends, investor sentiment, and geopolitical events influence overall market performance, impacting fund valuations.

Sector Performance: The fund's allocation to specific sectors (e.g., technology, healthcare) directly affects its price based on the performance of those sectors.

Fund Management: The fund manager's investment strategy, stock selection skills, and risk management decisions significantly impact fund returns and price.

Interest Rates: Changes in interest rates can influence investor demand for equities and bonds, indirectly affecting the fund's price depending on its asset allocation.

Currency Fluctuations: As an EU-based fund, currency movements between the Euro and other currencies can affect the fund's price for non-Euro investors.

Company Specific Factors: The performance of individual companies held within the fund's portfolio directly contributes to the fund's overall valuation.

Expense Ratio: The fund's expense ratio (management fees, operating costs) reduces the overall return and affects the relative attractiveness of the fund.

Inflation: Inflation levels and expectations impact corporate profitability and investor returns, affecting overall market valuations and potentially impacting the fund.

Liquidity: The fund's ability to buy or sell underlying assets without significantly affecting their prices can affect its overall valuation.