Fund Performance: Historical and projected performance significantly impacts investor demand, driving the price up with strong returns and down with poor performance.

Market Sentiment: Overall investor optimism or pessimism towards zinc and related commodities influences buying and selling pressure, affecting MPZZF.US's price.

Zinc Prices: As a fund tied to zinc prices, fluctuations in the global zinc market directly correlate with MPZZF.US's value.

Expense Ratio: A high expense ratio reduces returns, potentially making the fund less attractive and affecting its price negatively.

Economic Outlook: Global economic health, particularly in industrial sectors that rely on zinc, impacts demand and, consequently, MPZZF.US's price.

Supply and Demand: Zinc supply disruptions or increased demand in key industries can drive up zinc prices and, thus, the fund's price.

Geopolitical Events: Political instability or trade wars affecting zinc-producing regions can cause price volatility in the fund.

Currency Fluctuations: Changes in the value of the US dollar relative to currencies of countries involved in zinc production and trade can impact the fund's returns.

Interest Rates: Rising interest rates may make bonds more attractive, potentially drawing investors away from commodity-based funds like MPZZF.US.

Inflation: Higher inflation can drive up commodity prices, including zinc, positively affecting MPZZF.US's price.