Underlying Assets Performance: The price of SPP3.F is primarily affected by the performance of the underlying assets it tracks. If the stocks or bonds in the fund's portfolio rise in value, the ETF's price typically increases, and vice versa.

Supply and Demand: Market forces of supply and demand also influence the ETF's price. High demand can push the price above its net asset value (NAV), while increased selling pressure can cause it to trade at a discount.

Expense Ratio and Fees: The expense ratio and other fees charged by the ETF provider can impact its overall returns and, consequently, its price over time. Higher fees can reduce the potential for price appreciation.

Market Sentiment: General market sentiment and investor confidence play a role. Positive economic news and a bullish outlook can drive investors towards equities, potentially increasing demand for ETFs like SPP3.F.

Currency Fluctuations: If SPP3.F invests in assets denominated in foreign currencies, currency fluctuations can impact its price. A stronger foreign currency relative to the domestic currency would increase the ETF's price.