Performance of Underlying Assets: The fund's NAV is directly impacted by the performance of the securities it holds. Positive performance drives the price up, while negative performance drives it down.

Market Sentiment: General investor optimism or pessimism regarding the asset classes the fund invests in will affect demand, influencing the fund's price.

Interest Rate Changes: Interest rate hikes or cuts can influence the attractiveness of fixed-income investments within the fund, impacting its valuation.

Economic Conditions: Macroeconomic factors like GDP growth, inflation, and unemployment rates impact the performance of the underlying assets, thereby influencing the fund's price.

Currency Fluctuations: Since it's an EU fund, currency exchange rates between the Euro and other currencies will affect the value of the fund for non-Euro investors.

Fund Flows: Large inflows into the fund can increase demand and potentially the price, while significant outflows can force the fund to sell assets, possibly lowering the price.