Fund Performance: Historical returns, risk-adjusted returns, and relative performance compared to its benchmark significantly influence investor demand and thus, price.

Market Conditions: Broad market trends, economic indicators (e.g., inflation, interest rates, GDP growth), and investor sentiment impact the overall investment climate and affect fund valuations.

Fund Holdings: The specific assets (stocks, bonds, etc.) held within the fund and their individual performance directly contribute to the fund's overall value.

Fund Management: The expertise and strategy of the fund manager, as well as changes in management personnel, can affect investor confidence and impact the fund's price.

Expense Ratio: The fees charged to manage the fund, including management fees and operating expenses, reduce the fund's net return and can influence its attractiveness to investors.

Supply and Demand: Increased investor demand drives the price up, while increased selling pressure can push it down. Redemption rates can also affect the price.

Currency Fluctuations: As an EU fund, changes in the euro's value against other currencies (e.g., USD) can impact the fund's returns for investors holding it in other currencies.