Market Performance: The overall performance of the stock market and specific sectors in which the fund invests directly impacts its value.

Fund Holdings: The value of the individual assets (stocks, bonds, etc.) held by the fund is a primary driver of its price.

Economic Conditions: Factors like interest rates, inflation, and GDP growth influence investment valuations and thus the fund's price.

Investor Sentiment: Demand for the fund's shares can drive the price up or down, irrespective of underlying asset values.

Currency Fluctuations: As it's an EU fund, exchange rate changes between the Euro and other currencies can affect its price if it holds assets denominated in those currencies.

Fund Management: The skill and strategy of the fund managers in selecting and managing investments impacts performance and price.

Expense Ratio: The fund's operating costs, including management fees, affect the net return and therefore influence its price.

Regulatory Changes: Changes in regulations that affect the investments the fund holds can influence its price.