Fund Performance: The historical and current performance of the fund's investments directly impacts its price. Higher returns typically lead to increased demand and a higher price.

Market Conditions: Broad economic trends, investor sentiment, and overall market performance influence the value of the fund's holdings and, consequently, its price.

Interest Rates: Changes in interest rates can affect the attractiveness of the fund compared to other investment options, impacting demand and price.

Fund Expenses: Management fees, operating expenses, and other costs associated with running the fund are factored into its price.

Net Asset Value (NAV): The NAV, which represents the total value of the fund's assets minus its liabilities, divided by the number of outstanding shares, is a primary driver of the fund's price.

Supply and Demand: The balance between investor buying and selling pressure affects the fund's price. Higher demand can lead to a higher price, while increased selling pressure can lower it.