Invest Ksh 5,000,000 in Gulfcap MMF for 10 years.
At Gulfcap Money Market Fund's current net yield of 9.23% (after Kenya's 15% withholding tax), a Ksh 5,000,000 deposit grows to about Ksh 12,582,680 after 10 years — about Ksh 7,582,680 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 12,582,680
2.52× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 7,582,680
At 9.23% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 17,650,877 over the same 10 years — that's -Ksh 5,068,197 less than Gulfcap Money Market Fund.