Invest Ksh 500,000 in Jubilee MMF for 3 years.
At Jubilee Money Market Fund's current net yield of 8.38% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 642,894 after 3 years — about Ksh 142,894 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 642,894
1.29× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 142,894
At 8.38% 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 729,977 over the same 3 years — that's -Ksh 87,083 less than Jubilee Money Market Fund.