Invest Ksh 1,000,000 in Arvocap MMF for 15 years.
At Arvocap Money Market Fund's current net yield of 9.29% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 4,028,212 after 15 years — about Ksh 3,028,212 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 4,028,212
4.03× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 3,028,212
At 9.29% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 6,632,762 over the same 15 years — that's -Ksh 2,604,550 less than Arvocap Money Market Fund.