Invest Ksh 1,000,000 in CPF MMF for 20 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 3,841,550 after 20 years — about Ksh 2,841,550 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 3,841,550
3.84× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 2,841,550
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 12,462,138 over the same 20 years — that's -Ksh 8,620,588 less than CPF Money Market Fund.