Invest Ksh 1,000,000 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 1,000,000 deposit grows to about Ksh 4,010,131 after 15 years — about Ksh 3,010,131 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 4,010,131
4.01× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 3,010,131
At 9.26% 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 6,632,762 over the same 15 years — that's -Ksh 2,622,631 less than Nabo Africa Money Market Fund.