Investment Strategy: The specific assets the fund invests in (e.g., stocks, bonds, real estate), and the strategy for selecting and managing those assets, directly impact performance and therefore price.

Market Conditions: Overall economic health, industry trends, and investor sentiment in the markets where the fund invests heavily influence its value.

Fund Expenses: Management fees, operational costs, and other expenses reduce returns, thereby affecting the fund's net asset value and price.

Interest Rates: Changes in interest rates can impact the value of fixed-income investments held by the fund, and indirectly influence equity valuations.

Currency Fluctuations: If the fund invests in assets denominated in foreign currencies, exchange rate movements can positively or negatively affect the fund's returns in EUR.

Supply and Demand: Investor demand for the fund's shares can cause the market price to deviate from the net asset value, particularly for exchange-traded funds (ETFs).