Invest Ksh 1,000,000 in KCB MMF for 3 years.
At KCB Money Market Fund's current net yield of 7.57% (after Kenya's 15% withholding tax), a Ksh 1,000,000 deposit grows to about Ksh 1,254,926 after 3 years — about Ksh 254,926 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,254,926
1.25× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 254,926
At 7.57% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 1,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,459,953 over the same 3 years — that's -Ksh 205,027 less than KCB Money Market Fund.