Fund Performance: Past and present returns significantly influence price. Strong performance attracts investors, increasing demand and price.

Market Conditions: Overall market trends (bull/bear markets) impact fund asset values, affecting its Net Asset Value (NAV) and price.

Economic Factors: Interest rates, inflation, GDP growth, and unemployment levels influence the performance of underlying investments.

Fund Management: The skills and experience of the fund manager directly impact investment decisions and fund performance.

Expense Ratio: Higher expense ratios can reduce returns, impacting the fund's attractiveness and potentially its price.

Investor Sentiment: Positive or negative sentiment towards specific sectors or asset classes held by the fund influences demand and price.

Currency Fluctuations: For funds investing in foreign assets, currency exchange rates can affect the fund's value when converted back to SEK.

Fund Size: A large fund size might face difficulties in generating alpha compared to smaller, more nimble funds.