Invest Ksh 1,000,000 in CPF MMF for 15 years.
At CPF Money Market Fund's current net yield of 6.73% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 2,743,973 after 15 years — about Ksh 1,743,973 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,743,973
2.74× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 1,743,973
At 6.73% 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 3,888,789 less than CPF Money Market Fund.