Emerging Market Performance: TMVWF invests in emerging markets. So, economic growth, political stability, and regulatory changes in these countries directly impact its stock price.

Fund Flows: Investor sentiment toward emerging markets affects fund flows into and out of TMVWF. Large inflows can push the price up, while outflows can drive it down.

Currency Fluctuations: Currency exchange rates, particularly between the US dollar and the currencies of the countries where TMVWF invests, influence the fund's returns and stock price.

Global Economic Conditions: Global economic growth, trade policies, and interest rate changes in major economies can affect emerging markets and, consequently, TMVWF's performance.

Management Fees and Expenses: The fees and expenses associated with managing TMVWF can impact its net asset value and potentially its stock price.

Market Sentiment: Overall investor confidence in the stock market and risk appetite can influence demand for TMVWF shares.

Interest Rates: Changes in interest rates, both in the US and in emerging markets, can affect the attractiveness of TMVWF compared to other investment options.

Commodity Prices: As many emerging market economies rely on commodity exports, changes in commodity prices can impact their economic health and influence TMVWF's value.

Geopolitical Events: Political instability, conflicts, or policy changes in emerging markets can create uncertainty and affect investor sentiment towards TMVWF.

Company Specific News: News and financial results from companies within the TMVWF portfolio can affect investor perception of the fund.