Invest Ksh 1,000,000 in Nabo Africa MMF for 20 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 6,371,055 after 20 years — about Ksh 5,371,055 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 6,371,055
6.37× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 5,371,055
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 12,462,138 over the same 20 years — that's -Ksh 6,091,083 less than Nabo Africa Money Market Fund.