Invest Ksh 500,000 in Etica MMF for 20 years.
At Etica Money Market Fund's current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 2,698,398 after 20 years — about Ksh 2,198,398 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,698,398
5.40× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 2,198,398
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 6,231,069 over the same 20 years — that's -Ksh 3,532,671 less than Etica Money Market Fund.