Invest Ksh 100,000 in CIC MMF for 20 years.
At CIC Money Market Fund's current net yield of 6.95% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 401,432 after 20 years — about Ksh 301,432 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 401,432
4.01× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 301,432
At 6.95% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 100,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,246,214 over the same 20 years — that's -Ksh 844,782 less than CIC Money Market Fund.