Fund Performance: Historical returns and relative performance compared to its benchmark directly influence investor demand.

Market Conditions: Broad economic trends, including interest rates, inflation, and geopolitical events, impact overall market sentiment and asset valuations.

Sector Exposure: The performance of sectors in which the fund invests heavily (e.g., technology, healthcare) will affect its price.

Currency Fluctuations: As an EU fund, currency exchange rates, especially the EUR against other major currencies, impact returns.

Fund Management: The skill and experience of the fund managers, along with their investment strategy, are key determinants.

Investor Sentiment: Overall investor confidence and risk appetite can drive inflows and outflows, impacting fund prices.

Regulatory Changes: Changes in regulations affecting the fund's investments or the broader financial market can influence its price.

Expense Ratio: The fund's operating costs can impact its net asset value and attractiveness to investors.