Invest Ksh 1,000,000 in Arvocap MMF for 5 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 1,591,124 after 5 years — about Ksh 591,124 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,591,124
1.59× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 591,124
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 1,878,876 over the same 5 years — that's -Ksh 287,752 less than Arvocap Money Market Fund.