Underlying Asset Performance: The primary driver is the performance of the assets held within the fund. Positive performance leads to higher prices, and vice versa.

Market Conditions: Overall market sentiment and economic factors such as interest rates, inflation, and GDP growth influence investor demand and thus the fund's price.

Fund Flows: Significant inflows of capital increase demand and potentially the price, while large outflows can exert downward pressure.

Management Fees & Expenses: Higher fees reduce the fund's net asset value and can negatively impact price performance relative to similar funds.

Currency Fluctuations: As an EU fund, exchange rate movements between the Euro and other currencies can impact returns for investors in different regions.

Sector-Specific Performance: If the fund focuses on a particular sector, the performance of that sector will have a strong influence on the fund's price.

Geopolitical Events: Global events and political instability can create market volatility, impacting investor sentiment and fund prices.

Fund Manager Skill: The fund manager's investment decisions and ability to select profitable assets play a role in the fund's overall performance and price.

Regulatory Changes: Changes in regulations affecting the financial industry or specific investments held by the fund can impact its price.