Invest Ksh 500,000 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 500,000 deposit grows to about Ksh 2,014,106 after 15 years — about Ksh 1,514,106 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,014,106
4.03× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 1,514,106
At 9.29% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 3,316,381 over the same 15 years — that's -Ksh 1,302,275 less than Arvocap Money Market Fund.