Invest Ksh 5,000,000 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 5,000,000 deposit grows to about Ksh 22,857,509 after 20 years — about Ksh 17,857,509 in interest, assuming daily compounding and no withdrawals.
Final balance
Ksh 22,857,509
4.57× your deposit
Deposited
Ksh 5,000,000
One-off, no withdrawals
Interest earned
Ksh 17,857,509
At 7.60% 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 39,453,182 less than Sanlam Money Market Fund.