Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 26,715,543 after 20 years — about Ksh 21,715,543 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 26,715,543
5.34× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 21,715,543
At 8.38% 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 62,310,691 over the same 20 years — that's -Ksh 35,595,148 less than Jubilee Money Market Fund.