1.Think positive

If you change the words you use to talk about nutrition and your body , you will have more chances to lose weight, according to the book „Every Word has Power „by Yvonne Oswald. When you have a positive speech about your diet you do nothing but to increase your chances of making the right choices!

Karachi, July 06: National Investment Trust Limited (NITL) has declared payouts for all Funds under its management for the year ended on 30th June 2010 after its Board of Directors approved the accounts of all Funds; this was stated by Managing Director – NIT, Mr. Wazir Ali Khoja in a press release issued on July 05, 2010.

NI(U)T Fund

NITL has declared a dividend @ Rs. 2.25 per unit for unit holders of NI(U)T for the year ended on June 30, 2010. The payment of dividend @ Rs. 2.25 per unit would involve a total payout of Rs. 2,409 million among its unit holders.

The Net Asset Value of units of NI(U)T increased from Rs. 23.89 as on June 30, 2009 (Ex Dividend) to Rs. 28.17 as on June 30, 2010, thus depicting a total return of around 18%.

MD – NIT stated that the Fund has registered a healthy growth of 15% in capital gains realized which increased to Rs. 737 million during the year ended on 30th June 2010 from Rs. 642 million realized by the Fund during the year ended June 30, 2009.

Referring to the results of FY10, the MD stated that NI(U)T Fund has earned a dividend income of Rs. 1,548 million. Though the dividend income earned by the Fund is slightly lower than the dividend income of Rs. 1,746 million earned by the Fund in FY09, the decline is primarily due to lower than expected payouts from few of the blue chip companies in the portfolio.

During FY10, NI(U)T has earned a net income (including unrealized gains) of Rs. 2,608 million against a loss of Rs. 13,028 million incurred by the Fund in the corresponding period of last year. This net income translates into a per unit earning of Rs. 2.44 in FY10 against a per unit loss of Rs. 12.75 incurred by NI(U)T in FY09. However, excluding unrealized gains, NI(U)T has earned a net profit of Rs. 2,316 million in FY10 which translates into per unit earning of Rs. 2.16.

Furthermore, during the period, gross sale of NI(U)T units (including CIPs) was recorded at Rs. 6,748 million as compared to units worth Rs. 6,886 million sold in FY09.

NIT State Enterprise Fund (NIT-SEF):

NITL has declared a final bonus @ 30% on the face value of Rs. 50/- for unit holder of NIT-SEF for the year ended on 30th June 2010. This payout of bonus @ 30% (which translates into Rs. 15/- per unit) is in addition to an interim bonus of 8.24% (which translated into Rs. 4.12 per unit) declared by the Fund on February 13, 2010, thus making a total payout in the form of bonus @ 38.24% (translating into Rs. 19.12 per unit) on the face value of Rs. 50/-. This was stated by MD – NIT, Mr. Wazir Ali Khoja while unveiling the results of NIT – State Enterprise Fund.

NIT-SEF has outperformed the benchmark of KSE-100 Index by a good margin of 7.66% where Net Asset Value of NIT-SEF unit increased by 43.40% (including adjustment of Bonus) from Rs 71.50 as on June 30, 2009 (Ex- Dividend) to Rs 98.41 as on June 30, 2010 against an increase of 35.74% in KSE-100 index during the period under review. Furthermore, if the performance of the Fund since its inception till 30th June 2010 is compared with its benchmark of KSE-100 Index, the Fund has given a staggering outperformance of 56%.

MD- NIT further mentioned that in FY10, the Fund has realized the capital gains of Rs 1.74 billion whereas the dividend income earned by the Fund stood at Rs. 1.1 billion. Referring to the results of NIT-SEF of FY10, MD said that the Fund has earned a Net Income of Rs. 5.07 billion which translates into per unit earning of Rs. 21.86. It would be pertinent to mention that as on 30th June 2010, the unrealized capital gains available in books of accounts of NIT-SEF stand at Rs. 8.13 billion.

NIT Equity Market Opportunity Fund (NIT-EMOF):

While presenting the results of NIT-Equity Market Opportunity Fund (NIT-EMOF) the MD said the Board of Directors of NITL has declared bonus @Rs. 3/- per unit for unit holders of NIT-EMOF.

It may be mentioned here that NIT-EMOF has started investment in equity market on 25th July 2008, however, the Fund was registered as notified entity on September 14, 2009 after completing all necessary formalities.

Since launching of Fund on 25th July 2008, NAV of the Fund has increased by 4.45% whereas its benchmark of KSE-100 Index is down by 12.86%. This resulted a healthy outperformance of 17.31% over its benchmark.

He further mentioned that since formal registration of the Fund till June 30, 2010 the Fund has realized capital gains of Rs 139 million whereas the dividend income earned by the Fund stood at Rs. 250 million. During FY 2009-10 the Fund earned a net Income of Rs. 149 million which translates into per unit earning of Rs. 2.79.

INCOME FUNDS

During the fiscal year 2010, National Investment Trust Ltd. successfully launched two Income Funds. NIT Government Bond Fund was launched in November 2009 whereas NIT Income Fund was launched in February 2010.

NIT Government Bond Fund (NIT GBF)

The Board of Directors of NITL has approved a per unit distribution of Rs. 0.65 for unit holders of NIT Government Bond Fund for the year ended on June 30, 2010. Those who have opted for growth units with the option to receive bonus will be issued units at the ex-dividend NAV and those who have opted for cash dividend would be paid the dividend accordingly. This was stated by Managing Director – NIT, Mr. Wazir Ali Khoja while presenting the results of NIT Government Bond Fund.

The NAV of NIT Government Bond Fund increased from Rs.10.00 as on November 18, 2009 to Rs.10.6480 as on 30th June 2010, thus yielded an annualized return of 10.77% against the benchmark return of 10.41%. Thus the fund has outperformed its benchmark by 36 bps. Since launching on November 18, 2009 till June 30 2010, the fund has earned a net income of Rs. 232 million which translates into an earning of Rs.0.66 per unit. A per unit distribution of Rs. 0.65 would incur a total payout of Rs.228 million for unit holders of NIT GBF. It would be worth mentioning that within a short span of 7 months the net assets of NIT GBF has posted a substantial growth of 48% and increased from Rs.2.5bln as on 13.Nov.09 to Rs.3.7bln as on 30.Jun.10. This shows the confidence posed by investors on NITL.

NIT Income Fund (NIT IF)

In case of NIT Income Fund the board of directors of NITL has approved a per unit distribution of Rs. 0.35 for the year ended 30th June 2010. Those who have opted for growth units with the option to receive bonus will be issued units at the ex-dividend NAV whereas those who have opted for cash dividend would be paid the dividend accordingly.

The NAV of NIT Income Fund increased from Rs.10.00 as on February 19, 2010 to Rs.10.3438 as on 30th June 2010, thus yielded an annualized return of 9.88% whereas the benchmark return stood at 12.35%. Since launching till June 30, 2010, the Fund has earned a net income of Rs.86 million which translates into an earning of Rs.0.39 per unit. A distribution of Rs. 0.35 per unit would incur a total payout of Rs. 78 million among the unit holders of NIT IF. As on 30th June 2010, the net asset of NIT Income Fund stood at Rs. 2.3 billion. The Fund was launched on 19th February 2010 and having been 4 months since its inception, NIT IF is in the process of building a portfolio of high quality fixed income securities which will help in improving its return.

If you get pimples, you’ll benefit from a good acne skin care routine. But there are special considerations that must be taken into account when caring for men’s skin. Don’t worry, guys -these skin care tips are super simple, don’t take much time, and can help you get healthier skin.

1. Cleanse Your Skin Regularly

When it comes to cleansing, men seem to have an all-or-nothing mentality. Either they forget to cleanse their faces regularly, or they scrub away at the skin at every possible chance.

Stick to washing your face every morning and at night before going to bed. Use a foaming cleanser rather than a cleansing lotion to really power away excess oil. But don’t cleanse too often or scrub too hard. Cleansing too frequently can be irritating to the skin. Ditto for scrubbing or vigorous washing.
2. Shave Carefully

Shave lightly over acne-affected areas, and try not to drag your razor or nick pimples. An electric or safety razor may be less irritating than a traditional blade.

Whatever type you use, make sure it’s sharp. Always shave in the direction of hair growth and after you shower, when hair is softened. Use warm water to wet your beard, but cold water to rinse your blade, and choose a thick shaving cream. Avoid shaving when your skin is super inflamed.

Applying acne medications afterward, instead of aftershave, can help control breakouts. However, only use them if they don’t irritate your freshly shaved skin. Your doctor may be able to prescribe medications that don’t sting when applied after shaving.
3. Use a Moisturizer

Moisturizer isn’t just for women! And you don’t have to settle for a flowery scented product in a pink pump bottle. There are plenty of moisturizers on the market today made with a man’s skin in mind.

Because most acne treatment medications cause dryness, a moisturizer is a must. Gently smooth it into the skin after shaving.

Avoid triggering blackheads or breakouts by choosing an oil-free moisturizer labeled noncomedogenic or nonacnegenic. If your skin is red and inflamed, you may want a moisturizer that is fragrance-free and hypoallergenic. Dyes and fragrance can be irritating to already inflamed skin.

For many people the act of shaving is one way of getting ready to face the day’s challenges. For some, the feeling of starting the week with a clean slate Monday morning may be aided by a close shave first thing in the morning. The feeling of the razor gliding smoothly over your face or trolling over your legs is therapeutic and enjoyable for some in the shower or in front of the mirror. For people with sensitive skin shaving can be less of a pleasant experience, however.

Sensitive skin is a thin and fine-textured skin that reacts both to heat and cold. Sensitive skin also sunburns and windburns easily. It can react poorly to some detergents, cosmetics, and alcohol. The symptoms of sensitive skin range from slight itchiness to extreme discomfort. Rawness and intense dryness are associated with sensitive skin. The flaking of skin from the flesh can be symptomatic of sensitive skin, as is the presence of red or pink rashes and other blemishes that fade into the skin after some time. Severe sensitive skin is called “eczema”. Eczema is little red bumps that appear on the skin’s surface, usually under the arms. It is usually itchy and causes discomfort in those that have it. Topical and some oral medications are available for severe cases of eczema.

Sensitive skin is bad enough on its own—shaving only intensifies it. Shaving often aggravates the symptoms of sensitive skin because of the stroking motion it produces on the skin’s surface.

If you have sensitive skin but want a close shave what do you do? There are several ways of decreasing the discomfort associated with sensitive skin and shaving. Moisturizing is very important for the health of your skin. You should purchase and use lotion with aloe, or one that has been concocted for sensitive skin and apply it regularly. Application after showers and baths is an extremely important habit to get into, as skin tends to dry out after being exposed to water. It is a good idea to apply a heavy layer of cream or lotion before you go to sleep so that your skin has plenty of time to absorb the lotion. If your skin is extremely sensitive and you are experiencing uncomfortable itching, you may try applying a thin layer of Vaseline onto trouble spots. While this may result in a slippery slumber, your legs, bikini area, face, and armpits may just thank you.

Even if you are properly moisturized shaving can be an issue, especially if you are using the wrong equipment. Shaving with a sharp razor is important if you have sensitive skin because dull blades will chafe, not glide, over the skin and will likely cause an undesirable burning sensation. If you are trying to save money do not cut financial corners when it comes to shaving. There is no need to buy a one hundred dollar shaver, but steer clear from the really cheap disposables if you find your body reacting poorly to them. Some of the disposable brands are decent—like Bic—but avoid the bottom of the barrel—they are there for a reason. Use a new razor after two or three shaves. Buying a razor specially designed for sensitive skin may be another good option.

Regardless of where you are shaving—your legs, face, underarms—remember to lather. Mild soap lather or a shaving cream with non-allergens will do the trick. Shaving slowly and making sure you do not go over areas you have shaven already is important for decreasing tension on the skin.

After your shower or bath you should apply baby oil or a good moisturizer to your entire body, particularly the places you shaved. Make sure these areas are fully dry before you moisturizer. Remember not to use products that have potential allergens. If you follow the above advice, you will make shaving a more enjoyable experience for your body. If you continue to have skin problems you should see a dermatologist for special topical treatment or oral prescriptions.