Invest Ksh 100,000 in Gulfcap MMF for 5 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 158,636 after 5 years — about Ksh 58,636 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 158,636
1.59× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 58,636
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 187,888 over the same 5 years — that's -Ksh 29,252 less than Gulfcap Money Market Fund.