Invest Ksh 250,000 in Lofty-Corban MMF for 3 years.
At Lofty-Corban Money Market Fund's current net yield of 8.79% (after Kenya's 15% withholding tax), a Ksh 250,000 deposit grows to about Ksh 325,424 after 3 years — about Ksh 75,424 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 325,424
1.30× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 75,424
At 8.79% 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 364,988 over the same 3 years — that's -Ksh 39,564 less than Lofty-Corban Money Market Fund.