Invest Ksh 2,000,000 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 2,000,000 deposit grows to about Ksh 2,640,351 after 3 years — about Ksh 640,351 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 2,640,351
1.32× your deposit
Deposited
Ksh 2,000,000
One-off, no withdrawals
Interest earned
Ksh 640,351
At 9.26% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 2,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 2,919,906 over the same 3 years — that's -Ksh 279,555 less than Nabo Africa Money Market Fund.