Invest Ksh 1,000,000 in Nabo Africa MMF for 3 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 1,320,176 after 3 years — about Ksh 320,176 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,320,176
1.32× your deposit
Deposited
Ksh 1,000,000
One-off, no withdrawals
Interest earned
Ksh 320,176
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 1,459,953 over the same 3 years — that's -Ksh 139,777 less than Nabo Africa Money Market Fund.