Invest Ksh 100,000 in Gulfcap MMF for 15 years.
At Gulfcap Money Market Fund's current net yield of 9.23% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 399,213 after 15 years — about Ksh 299,213 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 399,213
3.99× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 299,213
At 9.23% 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 663,276 over the same 15 years — that's -Ksh 264,063 less than Gulfcap Money Market Fund.