Invest Ksh 2,000,000 in GenAfrica MMF for 15 years.
At GenAfrica Money Market Fund's current net yield of 7.81% (after Kenya's 15% withholding tax), a Ksh 2,000,000 deposit grows to about Ksh 6,452,850 after 15 years — about Ksh 4,452,850 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,452,850
3.23× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 4,452,850
At 7.81% 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 13,265,524 over the same 15 years — that's -Ksh 6,812,675 less than GenAfrica Money Market Fund.