Expense Ratio: Higher expense ratios directly reduce returns, negatively impacting the price.

Market Conditions: Broad market uptrends or downturns, particularly in global equities, significantly influence its net asset value (NAV).

Fund Performance: Strong historical returns and outperformance relative to its benchmark attract investment, increasing demand and potentially price.

Management Strategy: Changes in the fund's investment approach or asset allocation can impact future performance and investor confidence.

Economic Factors: Global economic growth, inflation rates, and currency exchange rates can all affect the values of the fund's holdings.

Interest Rates: Rising interest rates can decrease the attractiveness of stocks and bonds, impacting the fund's performance.

Investor Sentiment: Positive or negative investor sentiment towards emerging markets or specific sectors can drive inflows or outflows.

Geopolitical Events: Political instability, trade wars, or other geopolitical events can create uncertainty and volatility, affecting fund values.