Investment Performance: The underlying assets' performance directly impacts the fund's value. Strong asset growth leads to price increases, while losses decrease it. Market Conditions: Broad economic trends, interest rates, and investor sentiment affect the overall market and, consequently, the fund's performance. Fund Expenses: Management fees, operational costs, and other expenses charged by the fund reduce its net asset value, impacting its price. Supply and Demand: Increased investor demand drives the price up, while higher redemption rates or sales pressure push it down. Currency Fluctuations: If the fund invests in assets denominated in other currencies, exchange rate changes will affect its value when translated back to the fund's base currency. Specific Sector Performance: The fund's focus sector's health affects the fund's performance. Growth in the specific sector can positively impact the fund's price.