Invest Ksh 100,000 in Nabo Africa MMF for 15 years.
At Nabo Africa Money Market Fund's current net yield of 9.26% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 401,013 after 15 years — about Ksh 301,013 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 401,013
4.01× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 301,013
At 9.26% 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 663,276 over the same 15 years — that's -Ksh 262,263 less than Nabo Africa Money Market Fund.