Invest Ksh 2,000,000 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 2,000,000 deposit grows to about Ksh 4,646,201 after 10 years — about Ksh 2,646,201 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 4,646,201
2.32× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 2,646,201
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 7,060,351 over the same 10 years — that's -Ksh 2,414,150 less than Etica Money Market Fund.