Issuer Performance: The underlying performance of Purpose Investments, the issuer, can affect investor confidence and demand.

Underlying Bond Performance: The value of the underlying high yield bonds held by ZPRU.F directly impacts its price. Credit quality and interest rate sensitivity are key.

Interest Rate Changes: Rising interest rates typically decrease bond values, potentially lowering ZPRU.F's price.

Credit Spreads: Widening credit spreads, indicating higher perceived risk in high yield bonds, can depress ZPRU.F's price.

Market Sentiment: General investor optimism or pessimism towards high yield bonds influences demand and price.

Liquidity: Higher trading volume and liquidity can lead to tighter bid-ask spreads and potentially a more stable price.

ETF Supply and Demand: Basic economic principles dictate that high demand increases price, while increased supply decreases it.

Economic Conditions: A strong economy typically supports high yield bond performance, while a recessionary environment can negatively affect it.

Inflation: Unexpected inflation can erode the real value of bonds, potentially decreasing ZPRU.F's price.

Currency Fluctuations: As ZPRU.F might invest in global high yield bonds, currency exchange rates can influence its value.