Invest Ksh 250,000 in Jubilee MMF for 20 years.
At Jubilee Money Market Fund's current net yield of 8.38% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 1,335,777 after 20 years — about Ksh 1,085,777 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,335,777
5.34× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 1,085,777
At 8.38% 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 3,115,535 over the same 20 years — that's -Ksh 1,779,757 less than Jubilee Money Market Fund.