Global Economic Conditions: Global economic growth, inflation, interest rates, and geopolitical events can influence investor sentiment and risk appetite, affecting demand for MSFH-U.TO.

Canadian Market Performance: Overall performance of the Canadian stock market directly impacts the fund's holdings and therefore its price.

Sector Performance: The performance of the specific sectors in which the fund invests (e.g., financials, energy, materials) will affect its value.

Currency Fluctuations: Changes in the exchange rate between the Canadian dollar and other currencies can influence the value of the fund's international holdings.

Interest Rate Changes: Shifts in interest rates impact the valuation of fixed-income securities held within the fund, if any.

Supply and Demand: Basic supply and demand dynamics for the ETF itself influence its market price; higher demand pushes the price up, while increased selling pressure leads to a decrease.

Fund Management: The fund manager's investment strategy and ability to select profitable investments impact the fund's overall performance and price.

Investor Sentiment: Broad investor sentiment towards risk assets and the Canadian market will influence flows into and out of the ETF, impacting its price.

Underlying Asset Performance: The price of the individual securities that make up the ETF's portfolio is a key driver of its overall price.