Invest Ksh 2,000,000 in Etica MMF for 3 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 2,575,434 after 3 years — about Ksh 575,434 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,575,434
1.29× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 575,434
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 2,919,906 over the same 3 years — that's -Ksh 344,472 less than Etica Money Market Fund.