Fund Performance: Strong past performance typically attracts more investment, increasing demand and price.

Market Conditions: Overall market sentiment, especially in the regions the fund invests in, significantly impacts valuation.

Economic Data: Key economic indicators like GDP growth, inflation, and interest rates affect the underlying assets and fund price.

Sector Trends: The performance of the specific sectors the fund invests in directly influences its value.

Fund Management: The skill and experience of the fund managers in making investment decisions is critical.

Expense Ratio: Higher fees reduce the fund's returns, potentially impacting its price compared to lower-cost alternatives.

Investor Sentiment: General investor confidence or fear can lead to buying or selling pressure, affecting the fund's market price.

Currency Fluctuations: Changes in currency exchange rates can impact the value of international assets held by the fund.

Political Events: Political instability or policy changes in invested regions can introduce volatility and price fluctuations.

Fund Size: Very large funds can sometimes face challenges in deploying capital effectively, impacting performance.