Invest Ksh 250,000 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 250,000 deposit grows to about Ksh 1,634,708 after 20 years — about Ksh 1,384,708 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,634,708
6.54× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 1,384,708
At 9.39% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 3,115,535 over the same 20 years — that's -Ksh 1,480,827 less than Cytonn Money Market Fund.