Invest Ksh 500,000 in Cytonn MMF for 10 years.
At Cytonn Money Market Fund's current net yield of 9.39% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 1,278,557 after 10 years — about Ksh 778,557 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,278,557
2.56× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 778,557
At 9.39% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,765,088 over the same 10 years — that's -Ksh 486,531 less than Cytonn Money Market Fund.