Fund Performance: The underlying assets' performance directly impacts the fund's Net Asset Value (NAV), the price.

Market Conditions: Overall economic health, interest rates, and geopolitical events influence investor sentiment and market prices.

Sector Performance: The sectors in which the fund invests significantly affect its returns if those sectors are performing well or poorly.

Expense Ratio: High management fees and other expenses can eat into the fund's returns, impacting its price over time.

Investor Demand: High demand can drive up the price, while outflows can force the fund to sell assets, potentially lowering it.

Currency Fluctuations: For funds holding international assets, exchange rate changes can impact the fund's NAV in EUR.

Management Style: The fund manager's investment decisions and strategies heavily influence the fund's performance and price.

Dividend Payouts: If the fund distributes dividends, the NAV drops by a corresponding amount on the ex-dividend date.