Fund Performance: The fund's historical and current returns impact investor demand and therefore its price. Higher returns typically attract more investors, increasing the price.

Market Interest Rates: Changes in interest rates can affect the attractiveness of FLCR11.SA relative to other investments. Higher rates may lead investors to sell, decreasing the price.

Real Estate Market Conditions: As a real estate fund, the performance of the underlying real estate assets influences the fund's value and price. A strong real estate market generally supports higher prices.

Fund Management Expertise: The skill and experience of the fund managers in selecting and managing properties can significantly affect the fund's returns and, consequently, its price.

Inflation: Inflation can impact both the value of real estate assets held by the fund and the returns required by investors, thus affecting the fund's price.

Investor Sentiment: Overall market sentiment and investor confidence can drive demand for FLCR11.SA, impacting its price regardless of underlying fundamentals.

Liquidity: The ease with which FLCR11.SA shares can be bought and sold affects its price. Low liquidity can lead to price volatility.

Economic Growth: A strong economy often leads to increased demand for real estate and higher property values, positively impacting the fund's price.