Fund Performance: A fund's historical returns and risk-adjusted performance significantly impact its attractiveness and price. Higher returns generally lead to increased demand.

Market Conditions: Overall market trends, economic growth, interest rates, and inflation influence investor sentiment and demand for specific asset classes, affecting fund prices.

Expense Ratio: The fund's operating expenses, including management fees, directly reduce returns, impacting its net asset value and price. Lower expenses are generally more favorable.

Fund Size & Liquidity: A larger fund with higher trading volume often provides better liquidity and lower bid-ask spreads, contributing to price stability and potentially higher valuations.

Investment Strategy: The fund's specific investment approach, sector focus, and asset allocation influence its performance and perceived risk, affecting investor demand and price.

Management Team: The experience, expertise, and track record of the fund's management team impact investor confidence and, consequently, the fund's price.

Investor Sentiment: General investor optimism or pessimism towards the market and specific asset classes held by the fund can drive buying or selling pressure, affecting its price.

Economic Indicators: Key economic data releases, such as GDP growth, employment figures, and inflation reports, can influence investor expectations and impact fund valuations.

Interest Rate Changes: Changes in interest rates can affect the attractiveness of fixed-income investments within the fund, influencing investor demand and price.

Geopolitical Events: Global political and economic events, such as trade wars, political instability, and economic sanctions, can create market uncertainty and impact fund prices.