Invest Ksh 250,000 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 250,000 deposit grows to about Ksh 1,002,533 after 15 years — about Ksh 752,533 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 1,002,533
4.01× your deposit
Deposited
Ksh 250,000
One-off, no withdrawals
Interest earned
Ksh 752,533
At 9.26% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 250,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,658,191 over the same 15 years — that's -Ksh 655,658 less than Nabo Africa Money Market Fund.