Invest Ksh 250,000 in GenAfrica MMF for 10 years.
At GenAfrica Money Market Fund's current net yield of 7.81% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 545,868 after 10 years — about Ksh 295,868 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 545,868
2.18× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 295,868
At 7.81% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 882,544 over the same 10 years — that's -Ksh 336,676 less than GenAfrica Money Market Fund.