Invest Ksh 1,000,000 in Dry Associates MMF for 20 years.
At Dry Associates Money Market Fund's current net yield of 7.82% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 4,777,094 after 20 years — about Ksh 3,777,094 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 4,777,094
4.78× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 3,777,094
At 7.82% 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 7,685,044 less than Dry Associates Money Market Fund.