Invest Ksh 100,000 in Sanlam MMF for 20 years.
At Sanlam Money Market Fund's current net yield of 7.60% (after Kenya's 15% withholding tax), a Ksh 100,000 deposit grows to about Ksh 457,150 after 20 years — about Ksh 357,150 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 457,150
4.57× your deposit
Deposited
Ksh 100,000
One-off, no withdrawals
Interest earned
Ksh 357,150
At 7.60% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 100,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 1,246,214 over the same 20 years — that's -Ksh 789,064 less than Sanlam Money Market Fund.