Invest Ksh 1,000,000 in Dry Associates MMF for 5 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 1,478,397 after 5 years — about Ksh 478,397 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,478,397
1.48× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 478,397
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 1,878,876 over the same 5 years — that's -Ksh 400,480 less than Dry Associates Money Market Fund.