Economic Factors: Macroeconomic indicators like GDP growth, inflation, and interest rates influence overall market sentiment and investor risk appetite, impacting fund valuations.

Market Conditions: Broad market trends, sector performance, and investor sentiment significantly affect the fund's underlying asset values and overall price.

Fund Performance: The fund's historical returns relative to its benchmark and peer group impacts investor demand and subsequently its price.

Management Expertise: The skill and experience of the fund manager in making investment decisions can affect the fund's performance and attractiveness.

Fund Flows: Inflows increase demand, pushing the price up, while outflows reduce demand, potentially lowering the price.

Currency Fluctuations: As a EUR-denominated fund, currency movements between EUR and other currencies where its holdings are located can impact returns.

Regulatory Changes: New regulations or policy changes impacting the fund's investment strategy or its underlying holdings can impact its value.

Company Specific News: Performance of holdings can drastically change depending on company reports and outlooks.