Invest Ksh 100,000 in GenAfrica MMF for 1 years.
At GenAfrica Money Market Fund's current net yield of 7.81% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 108,122 after 1 year — about Ksh 8,122 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 108,122
1.08× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 8,122
At 7.81% 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 113,444 over the same 1 year — that's -Ksh 5,321 less than GenAfrica Money Market Fund.