Invest Ksh 500,000 in Sanlam MMF for 3 years.
At Sanlam Money Market Fund's current net yield of 7.60% (after Kenya's 15% withholding tax), a Ksh 500,000 deposit grows to about Ksh 628,028 after 3 years — about Ksh 128,028 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 628,028
1.26× your deposit
Deposited
Ksh 500,000
One-off, no withdrawals
Interest earned
Ksh 128,028
At 7.60% net p.a.
Year by year
vs keeping it in a bank savings account
The same Ksh 500,000 at Credit Bank's deposit rate of 12.68% would grow to about Ksh 729,977 over the same 3 years — that's -Ksh 101,949 less than Sanlam Money Market Fund.