If you are signed up to Zedcrest, you will see their monthly fact sheet that says the thesis and what they put money in. MTN, GTB, Lafarge, Zenith, NGX mostly.
An equity fund will go up and down, but that does not mean there is any extra risk being taken. Magic is in entry point
The risk they’re taking on is nuts compared to other funds. And anyone thinking of entering at this point should realize its performance currently is based on past returns, doesn’t mean if you buy it today you’re guaranteed 104.91% by next year as well.