Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 31,855,276 after 20 years — about Ksh 26,855,276 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 31,855,276
6.37× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 26,855,276
At 9.26% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 5,000,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 62,310,691 over the same 20 years — that's -Ksh 30,455,415 less than Nabo Africa Money Market Fund.