Invest Ksh 500,000 in Genghis MMF for 1 years.
At Genghis Money Market Fund's current net yield of 7.39% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 538,346 after 1 year — about Ksh 38,346 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 538,346
1.08× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 38,346
At 7.39% 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 567,218 over the same 1 year — that's -Ksh 28,872 less than Genghis Money Market Fund.