Invest Ksh 1,000,000 in Cytonn MMF for 20 years.
At Cytonn Money Market Fund's current net yield of 9.39% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 6,538,831 after 20 years — about Ksh 5,538,831 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,538,831
6.54× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 5,538,831
At 9.39% 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 5,923,307 less than Cytonn Money Market Fund.