6 uw ° =z = Ss = Thursday, November 25, 2021 | 2 COMMUNITY = LEADERS GATHER = IN ROUNDTABLE, = WRITES * KAREN MICELI KAREN MICELI Column It'sabout trust. Our rela- tionship with our readers is built on transparency, hon- esty and integrity. As such, have launched a trust Initiative to: tell you who we and why we ‘oh we to This article is part of that project. Earlier this year, I told you about the Halton Advi sory Council formed by Motroland's Hal ton Division community newspapers to help us bet- ter understand the issues facing our residents, read- ers and business partners. The council — led by the Burlington Post, Partnered Beaver, Milton ma que TRUST AND TRANSPARENCY COMMITTEE DELVES INTO LOCAL ISSUES and Transparency Commit- was held. We asked the Trust and Transparency Committee members: + Trust in the media is said to be at an all-time low. Do you agree with this no- tion? If so, what are the fac- tors that have contributed toa lack of faith in the me- dia. Do you feel social me- dia played a role’ What Getermines whether you trust a media organization and the infor- mation it is providing? + What can media orga- nizations Metroland do to gain pub- We heard several recom- gain public trust. Among the suggestions, we were TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT THEIFPCA SNAPSHOT Giovanni Discenza photo A blue jay prepares to enjoy a snack in a backyard on James Street. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. advised to: ensure story in- mation, including our reporters! visibility in the community. As a result of feedback from the meeting, we are planning editorial initia- tives to improve our rela- tionship with our readers, including regular features in our print editions show- casing our newsroom team, and stepped-up mea- sures to monitor for web- ‘Act and Free ‘Press — brought together a group of com- munity leaders to share their thoughts on what is- sues were most pressing in Halton. After taking it all in, we formed three subcommit- tees to delve into the issues more closely — Diversity and Inclusion, Trust and Transparency, and Com- munity Health, Safety and Well-being. The Diversity and Inclu- sion Committee met ina vir- tual roundtable in Septem- 8 ber, then late last: mont, the the first meeting of the that could be interpreted as clickbait. Next week, the Commu- nity Health, Safety and Well-being Committee will meet for the first time and weexpect to gain insight in- to issues affecting Halton residents’ welfare and pros- perity and how we should cover them. Stay tuned. Karen Miceli is manag- ing editor of Metroland's Halton community news- papers. We welcome your questions and value your comments. Email our trust committee at trust@met- roland.com. AS AN INVESTOR, DO WHAT WORKS DON'T TRY TO OUTPERFORM THE MARKET, WRITES PETER WATSON hee PETER WATSON Column Picking the best mutual fund is a difficult task. In 2001, there were 2,900 US.-based equity mutual funds. Twenty years later, only 41 per cent of those funds were still in exis- eM tual funds merge on a regular basis. For many investors, the mutual fund you initially select is not the one you end up wit Amore important ques- tion is: how _ mutual funds perform‘ Only 19 ‘per ” cent of the over the 20-year period. This information is from the Mutual Fund Land- scape 2021, Dimensional Fund Advisors. There are two opposite approaches to managing money. Some managers be- lieve stock markets are effi- cient and the best estimate of the value ofa stock is the price at which the stocks is publicly traded. Others believe a skilled investment manager c: find mistakes with prices of stocks. Based on this be- e] buy stocks they feel are under- priced and sell stocks they believe are overpriced. So, what is the best ap- proach managing your investment portfolio? My opinion is based on past evidence. Do not try to outperform the market by selectingan actively traded fund. Invest in an extreme ly well diversified invest, ment fund. Peter Watson is regis- tered with Aligned Capital Partners Inc. (ACPI) to provide investment advice Investment products ai provided by ACPI. "ACPI i is a member of the Invest- ment Industry Regulatory Organization of Cai The opinions ee are those of the author and not necessarily those of ACPI. Watson provides wealth nagement ser vices through Watson Invest- ments. He can be reached at www.watsoninvestment- SIGN UP FOR OUR WEEKLY NEWSLETTER AT THEIFPRCA ABOUT US This newspaper, published every Thursday, is a division of the Metroland Media Group Ltd., a wholly-owned subsidiary of Torstar Corporation. The Metroland family of newspapers is comprised of more than 70 community publications across Ontario. This newspaper is a member of the National NewsMedia Council. 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