--- title: Why Does My Daily Yield Sometimes Stay the Same or Change? description: Learn how Granite Money Market Fund calculates daily interest on your EGP deposit with precise step-by-step breakdowns and compounding examples. --- [Skip to content](https://support.granite.eg/en/why-do-the-same-daily-interest-figures-like-23.13-or-23.57-egp-repeat-on-my-statement-and-how-are-my-daily-earnings-actually-calculated#main-content) [More support](https://support.granite.eg/en/kb-tickets/new?hsLang=en) [![Granite Logos-Horizontal- Main Logo- Blue Black-18](https://support.granite.eg/hs-fs/hubfs/Granite%20Logos-Horizontal-%20Main%20Logo-%20Blue%20Black-18.png?width=300&height=86&name=Granite%20Logos-Horizontal-%20Main%20Logo-%20Blue%20Black-18.png)](https://granite.eg) Open main navigation Close main navigation - [More support](https://support.granite.eg/en/kb-tickets/new) - [Contact us](mailto:cs@granite.eg) [Contact us](mailto:cs@granite.eg) How can we help you? - There are no suggestions because the search field is empty. 1. [GRANITE](https://support.granite.eg/en?hsLang=en) 2. [General](https://support.granite.eg/en/general?hsLang=en) 3. [Returns & Performance](https://support.granite.eg/en/general?hsLang=en#returns-performance) July 28, 2026 # Why Does My Daily Yield Sometimes Stay the Same or Change? ## A simple explanation of why your daily yield may stay the same on some days and change on others.   Let’s look at a real example using the fund’s published unit prices over a 42-day period. ###### **Starting balance** On 1 June 2026, EGP 1,000,000 was added to a GRANITE account. Once the amount was processed, it purchased units in the GRANITE Money Market Fund at a unit price of EGP 1.12430. This resulted in: **889,442.32 fund units** The number of units remained the same throughout this example because no additional amounts were added or withdrawn. ###### **How does the balance grow?** Your GRANITE account balance is calculated using a simple formula: **Number of units × current unit price = account balance** The number of units stays the same, but the unit price changes every day based on the fund’s performance. As the unit price increases, the value of your account increases. ###### **What happened over the 42 days?** | ###### **Day** | ###### **Unit price** | ###### **Your balance** | ###### **Daily return (published)** | ###### **Daily return (full precision)** | ###### **Total returns** | | --- | --- | --- | --- | --- | --- | | Deposit day | 1.12430 | 1,000,000.00 | Deposit day | — | — | | Day 1 | 1.12482 | 1,000,462.51 | 462.51 | 464.21 | 462.51 | | Day 2 | 1.12535 | 1,000,933.91 | 471.40 | 464.42 | 933.91 | | Day 3 | 1.12587 | 1,001,396.42 | 462.51 | 464.64 | 1,396.42 | | Day 4 | 1.12639 | 1,001,858.93 | 462.51 | 464.85 | 1,858.93 | | Day 5 | 1.12691 | 1,002,321.44 | 462.51 | 465.07 | 2,321.44 | | Day 6 | 1.12744 | 1,002,792.85 | 471.40 | 465.28 | 2,792.85 | | Day 7 | 1.12796 | 1,003,255.36 | 462.51 | 465.50 | 3,255.36 | | Day 8 | 1.12849 | 1,003,726.76 | 471.40 | 465.72 | 3,726.76 | | Day 9 | 1.12901 | 1,004,189.27 | 462.51 | 465.93 | 4,189.27 | | Day 10 | 1.12953 | 1,004,651.78 | 462.51 | 466.15 | 4,651.78 | | Day 11 | 1.13006 | 1,005,123.19 | 471.40 | 466.37 | 5,123.19 | | Day 12 | 1.13059 | 1,005,594.59 | 471.40 | 466.58 | 5,594.59 | | Day 13 | 1.13111 | 1,006,057.10 | 462.51 | 466.80 | 6,057.10 | | Day 14 | 1.13164 | 1,006,528.51 | 471.40 | 467.02 | 6,528.51 | | Day 15 | 1.13216 | 1,006,991.02 | 462.51 | 467.23 | 6,991.02 | | Day 16 | 1.13269 | 1,007,462.42 | 471.40 | 467.45 | 7,462.42 | | Day 17 | 1.13322 | 1,007,933.83 | 471.40 | 467.67 | 7,933.83 | | Day 18 | 1.13374 | 1,008,396.34 | 462.51 | 467.88 | 8,396.34 | | Day 19 | 1.13427 | 1,008,867.74 | 471.40 | 468.10 | 8,867.74 | | Day 20 | 1.13480 | 1,009,339.14 | 471.40 | 468.32 | 9,339.14 | | Day 21 | 1.13533 | 1,009,810.55 | 471.40 | 468.54 | 9,810.55 | | Day 22 | 1.13586 | 1,010,281.95 | 471.40 | 468.75 | 10,281.95 | | Day 23 | 1.13639 | 1,010,753.36 | 471.40 | 468.97 | 10,753.36 | | Day 24 | 1.13691 | 1,011,215.87 | 462.51 | 469.19 | 11,215.87 | | Day 25 | 1.13743 | 1,011,678.38 | 462.51 | 469.41 | 11,678.38 | | Day 26 | 1.13796 | 1,012,149.78 | 471.40 | 469.62 | 12,149.78 | | Day 27 | 1.13849 | 1,012,621.19 | 471.40 | 469.84 | 12,621.19 | | Day 28 | 1.13902 | 1,013,092.59 | 471.40 | 470.06 | 13,092.59 | | Day 29 | 1.13955 | 1,013,564.00 | 471.40 | 470.28 | 13,564.00 | | Day 30 | 1.14007 | 1,014,026.51 | 462.51 | 470.50 | 14,026.51 | | Day 31 | 1.14060 | 1,014,497.91 | 471.40 | 470.71 | 14,497.91 | | Day 32 | 1.14113 | 1,014,969.31 | 471.40 | 470.93 | 14,969.31 | | Day 33 | 1.14166 | 1,015,440.72 | 471.40 | 471.15 | 15,440.72 | | Day 34 | 1.14219 | 1,015,912.12 | 471.40 | 471.37 | 15,912.12 | | Day 35 | 1.14272 | 1,016,383.53 | 471.40 | 471.59 | 16,383.53 | | Day 36 | 1.14325 | 1,016,854.93 | 471.40 | 471.81 | 16,854.93 | | Day 37 | 1.14378 | 1,017,326.34 | 471.40 | 472.03 | 17,326.34 | | Day 38 | 1.14431 | 1,017,797.74 | 471.40 | 472.25 | 17,797.74 | | Day 39 | 1.14484 | 1,018,269.15 | 471.40 | 472.47 | 18,269.15 | | Day 40 | 1.14537 | 1,018,740.55 | 471.40 | 472.68 | 18,740.55 | | Day 41 | 1.14590 | 1,019,211.95 | 471.40 | 472.90 | 19,211.95 | | Day 42 | 1.14643 | 1,019,683.36 | 471.40 | 473.12 | 19,683.36 | ###### After 42 days: **Starting balance:** EGP 1,000,000.00 **Ending balance:** EGP 1,019,683.36 **Total returns:** EGP 19,683.36 This works out to an average of approximately EGP 469 per day during this specific period. ###### **How does compounding work?** Each day’s growth becomes part of your account balance. This means future returns are calculated on the updated balance, including the returns already earned. For example: - At the beginning, returns were generated on EGP 1,000,000. - By the end of the period, returns were being generated on a balance of more than EGP 1,019,000. This is how returns gradually build on previous returns. **Why did the daily return appear as either EGP 462.51 or EGP 471.40?** The fund’s published unit price is displayed using five decimal places. However, the actual daily movement in the unit price may include more decimal places than those displayed. When the price is rounded, the published daily movement may appear slightly different from one day to another. In this example: - A unit price increase of EGP 0.00052 produced a displayed daily return of approximately EGP 462.51. - A unit price increase of EGP 0.00053 produced a displayed daily return of approximately EGP 471.40. This does not mean the fund’s underlying return suddenly increased or decreased. It is simply the effect of rounding the published unit price. These small differences balance out over time and are fully reflected in the total account balance. ###### **Can the money be withdrawn?** There is no lock-in period. A withdrawal request can be submitted through GRANITE at any time. The actual transfer timing remains subject to the applicable cut-off time, banking hours, weekends, official holidays and normal bank processing. ###### **Important information** This example is based on the fund’s actual published unit prices between 1 June and 13 July 2026. The full-precision daily figures used in the original example were reconstructed for illustration by assuming a constant daily rate during the period. Past performance does not guarantee future returns. Returns are not fixed and may change based on prevailing market conditions and interest rates.     - [General](https://support.granite.eg/en/general?hsLang=en#main-content) - [Getting Started](https://support.granite.eg/en/general?hsLang=en#getting-started) - [Legal & Compliance](https://support.granite.eg/en/general?hsLang=en#legal-compliance) - [Returns & Performance](https://support.granite.eg/en/general?hsLang=en#returns-performance) - [Taxes & Fees](https://support.granite.eg/en/general?hsLang=en#taxes-fees) - [Security & Privacy](https://support.granite.eg/en/general?hsLang=en#security-privacy) - [Contact & Support](https://support.granite.eg/en/general?hsLang=en#contact-support) - [Pro Tips](https://support.granite.eg/en/general?hsLang=en#pro-tips) - [Transfers In and Out of Granite](https://support.granite.eg/en/general?hsLang=en#transfers-in-and-out-of-granite) - [Individual](https://support.granite.eg/en/individual?hsLang=en#main-content) - [Getting Started](https://support.granite.eg/en/individual?hsLang=en#getting-started) - [Account Management](https://support.granite.eg/en/individual?hsLang=en#account-management) - [Deposits & Withdrawals](https://support.granite.eg/en/individual?hsLang=en#deposits-withdrawals) - [Account Activity](https://support.granite.eg/en/individual?hsLang=en#account-activity) - [Troubleshooting](https://support.granite.eg/en/individual?hsLang=en#troubleshooting) - [Security & Privacy](https://support.granite.eg/en/individual?hsLang=en#security-privacy) - [Contact & Support](https://support.granite.eg/en/individual?hsLang=en#contact-support) - [Taxes & Fees](https://support.granite.eg/en/individual?hsLang=en#taxes-fees) - [Technical & Accessibility](https://support.granite.eg/en/individual?hsLang=en#technical-accessibility) - [Corporate](https://support.granite.eg/en/corporate?hsLang=en#main-content) - [Getting Started](https://support.granite.eg/en/corporate?hsLang=en#getting-started) - [Account Management](https://support.granite.eg/en/corporate?hsLang=en#account-management) - [Deposits & Withdrawals](https://support.granite.eg/en/corporate?hsLang=en#deposits-withdrawals) - [Reporting & Statements](https://support.granite.eg/en/corporate?hsLang=en#reporting-statements) - [Taxes & Fees](https://support.granite.eg/en/corporate?hsLang=en#taxes-fees) [![68e0f7e3a88fc4a6fc30e34b\_Group](https://support.granite.eg/hs-fs/hubfs/68e0f7e3a88fc4a6fc30e34b_Group.png?width=300&height=35&name=68e0f7e3a88fc4a6fc30e34b_Group.png "68e0f7e3a88fc4a6fc30e34b_Group")](https://www.granite.eg/) **Address** Consoleya Bldg. 5 Al Fadl Street, Bab Al Louq Downtown, Cairo [mailto:cs@granite.eg](mailto:cs@granite.eg) © 2026 Granite. 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