Fund Performance: The historical and current performance of the fund significantly impacts its price. Strong performance attracts investors, increasing demand and price.

Market Conditions: Overall market sentiment, economic indicators (like inflation and interest rates), and geopolitical events all influence investor behavior and fund prices.

Fund Holdings: The value and performance of the underlying assets (stocks, bonds, etc.) held by the fund directly affect its net asset value (NAV) and therefore its price.

Management Fees & Expenses: Higher fees and expenses charged by the fund can detract from returns, potentially leading to lower price appreciation and investor demand.

Supply and Demand: Basic economic principles apply; higher demand for the fund pushes the price up, while increased selling pressure leads to price decreases.

Currency Fluctuations: For funds investing in international assets, currency exchange rates between the fund's base currency and the assets' currencies can impact returns and price.

Investor Sentiment: General optimism or pessimism among investors regarding the market sector or geographic region targeted by the fund can influence trading activity and the price.