Bloom Investment Counsel Inc. (the Manager), the manager of Bloom U.S. Income & Growth Fund (the Fund), announced on October 7, 2021 that the Fund will terminate on November 8, 2021. Despite the Fund having significantly outperformed the market over the last year, the Manager has concluded that it will no longer be economically feasible to continue the Fund following the annual redemption of Class A and Class U units of the Fund on October 28, 2021 and, accordingly, it would be in the best interest of the Fund’s unitholders to terminate the Fund on the Termination Date. The last day on which the Fund’s Class A units will trade on the Toronto Stock Exchange will be November 8, 2021. The distributions declared on August 3, 2021 will not be paid due to the termination of the Fund.