Invest Ksh 100,000 in Etica MMF for 10 years.
At Etica Money Market Fund's current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 232,310 after 10 years — about Ksh 132,310 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 232,310
2.32× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 132,310
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 100,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 353,018 over the same 10 years — that's -Ksh 120,707 less than Etica Money Market Fund.