Invest Ksh 100,000 in Cytonn MMF for 1 years.
At Cytonn Money Market Fund's current net yield of 9.39% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 109,844 after 1 year — about Ksh 9,844 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 109,844
1.10× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 9,844
At 9.39% 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 113,444 over the same 1 year — that's -Ksh 3,600 less than Cytonn Money Market Fund.