Invest Ksh 5,000,000 in Etica MMF for 5 years.
At Etica Money Market Fund's current net yield of 8.43% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 7,620,860 after 5 years — about Ksh 2,620,860 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 7,620,860
1.52× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 2,620,860
At 8.43% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 9,394,380 over the same 5 years — that's -Ksh 1,773,520 less than Etica Money Market Fund.