Bloom Funds Announces Upcoming Termination of Bloom Select Income Fund

TORONTO, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Bloom Investment Counsel, Inc. (the “Manager”), the manager of Bloom Select Income Fund (TSX: BLB.UN) (the “Fund”), announced on January 13, 2025 that the Fund will terminate on March 5, 2025 (the “Termination”). Despite the Fund’s positive performance since inception, the Board of Directors of the Manager has determined that the Termination is in the best interests of the Fund and of the unitholders of the Fund because of the Fund’s small size, which has increased ...