Invest Ksh 100,000 in Lofty-Corban MMF for 10 years.
At Lofty-Corban Money Market Fund's current net yield of 8.79% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 240,824 after 10 years — about Ksh 140,824 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 240,824
2.41× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 140,824
At 8.79% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 100,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 353,018 over the same 10 years — that's -Ksh 112,194 less than Lofty-Corban Money Market Fund.