Bloom Funds are managed by Bloom Investment Counsel, Inc.

The Manager was established in 1985 and specializes in the management of segregated investment portfolios for wealthy individuals, foundations, corporations, institutions and trusts. In addition to its conventional investment management business the Manager currently manages specialty high-income equity portfolios comprised of dividend paying common equity securities, income trusts and real estate investment trusts.


Paul Bloom
President, Director & Chief Investment Officer
Mr. Bloom is the President of the Investment Manager and has overall responsibility for overseeing the investment management activities of Bloom Investment Counsel, Inc. Mr. Bloom has over 45 years experience in the Canadian investment industry including being the principal of Bloom Investment Counsel, Inc. which he founded in 1985. Mr. Bloom has provided investment advice on the management of over $2.5 billion of investment assets. Prior to immigrating to Canada from England in 1971, Mr. Bloom attended Manchester Polytechnic and graduated with a BA (Hons.) degree in law. From 1971 to 1972 Mr. Bloom was employed in the mergers and acquisitions department of Canada Permanent Trust. From 1972 until starting Bloom Investment Counsel, Inc. in 1985, Mr. Bloom was an Investment Analyst and later the Investment Manager at Slater, Walker of Canada Limited (later renamed Talcorp Limited). From 1993 to 2002 Mr. Bloom served as an independent director of Canadian General Investments Limited, one of the oldest closed end funds in North America. Mr. Bloom was a member of the Investment Committee of a leading Toronto charitable foundation from 2006 until 2011.
Adina Bloom Somer
Vice President & Director, Portfolio Manager
Ms. Bloom Somer has over 20 years of capital markets experience and has extensive day to day responsibilities for the portfolios. She joined Bloom Investment Counsel, Inc. as a Vice President, Portfolio Manager in 2010 and in 2011 was appointed as a Director. Prior to joining Bloom Investment Counsel, Inc., Ms. Bloom Somer was employed at TD Newcrest, a division of TD Securities, Inc. for 9 years. She commenced her employment with TD Newcrest as an Equity Research Associate and was later promoted to the position of Vice President, Equity Research Analyst. At TD Newcrest, Ms. Bloom Somer provided in-depth fundamental security analysis for common equities and income trusts in both the Media and Special Situations universes. Prior to joining TD, Ms. Bloom Somer was a Sales and Marketing Coordinator in the Private Client Marketing department at CIBC Wood Gundy. Ms. Bloom Somer graduated from the University of Toronto in 1997 with an Honours BA in Political Science and graduated in 2000 from the Schulich School of Business with a Master of Business Administration (MBA) specializing in Finance and Marketing. She has completed Level 1 of the Chartered Financial Analyst (CFA) designation and also holds the Canadian Investment Manager (CIM) designation.
Fiona E. Mitra
Chief Financial Officer
Ms. Mitra has over 15 years of public accounting experience. She joined Bloom Investment Counsel, Inc. in 2011 as Chief Financial Officer. Ms. Mitra worked for PricewaterhouseCoopers LLP in Toronto from May 1995 to June 2006 as a Manager and Senior Manager in the assurance and business advisory services practice, concentrating on clients in the Canadian investment management arena. She worked for Coopers & Lybrand in England from September 1990 to May 1994, primarily providing audit and assurance services for various financial services clients. Ms. Mitra is a Chartered Professional Accountant and a member of the Chartered Professional Accountants of Ontario. She also earned her A.C.A. (U.K. chartered accounting designation), and received a Masters degree in engineering from the University of Cambridge. Ms. Mitra joined Bloom Investment Counsel, Inc. in 2011 after a career break of 5 years, during which time she operated a part-time consulting services business.
Juan Paolo Cruz
Office Administrator
Mr. Cruz joined Bloom Investment Counsel, Inc. as an Office Administrator in 2018. Prior to joining Bloom, he was employed at major Canadian chartered banks in administrative roles. Mr. Cruz graduated from Centennial College in 2009 with a Diploma in Office Administration and in 2010 with a Diploma in Business Management.
Beverly Lyons
Independent Director
Ms. Lyons became an Independent Director of Bloom Investment Counsel, Inc. in 2011. Since July 2008, Beverly Lyons has acted as a Director and business advisor for a variety of companies providing accounting advice and general management consulting. She became a Director of Lorex Technology, Inc. in 2009 until its sale in December 2012. With respect to Lorex Technology, Inc., she was the Chair of the Audit Committee and the Special Committee as well as sitting on other committees. From September 1980 to June 2008, Ms. Lyons was an Audit Partner with PricewaterhouseCoopers LLP and its predecessor firms. Ms. Lyons is an experienced financial professional who currently is a Fellow of the Institute of Chartered Accountants of Ontario and a member of the Institute of Corporate Directors and holds the ICD.D designation. Ms. Lyons holds her Bachelor of Commerce degree from the University of Toronto.

Independent Review Committee

Anthony P. L. Lloyd
Chair - Independent Review Committee
Mr. Lloyd has extensive experience in corporate finance and as a corporate director in the public and private sectors, and at not-for-profit organizations. He has served as an executive with Slater, Walker of Canada Ltd., Harlequin Enterprises, and Cavendish Investing, and from 1985 to 2000 was a senior partner of Capital Canada Limited. He is a past president of the Learning Disabilities Association of Ontario and a board member of the Inspirit Foundation. He is currently Chair of the Board of Trustees of Noranda Income Fund. Mr. Lloyd is a graduate of The Royal School of Mines with a Bachelors of Science (Honors) degree in mining engineering and has a Masters of Business Administration degree from Columbia University. He holds the ICD.D designation from the Institute of Corporate Directors.
Cameron Goodnough
Member - Independent Review Committee
Mr. Goodnough has over 20 years of experience in capital markets and has been involved in tens of billions of dollars of financings and M&A transactions, particularly in the area of asset management. Cameron Goodnough joined Hazelview Investments in 2016. As Managing Director, Capital and Partnership, Cameron is a senior member of the team responsible for corporate development (evaluating and executing on strategies to build and grow Hazelview), capital raising within the institutional and retail channels and managing our institutional partnerships with investment firms and financial institutions. Prior to Hazelview, he was Managing Director with the Financial Institutions Group at TD Securities, and CEO & President of TD Sponsored Companies Inc. Before that, he worked within the investment banking groups at RBC Capital Markets, Merrill Lynch Canada and CIBC Wood Gundy. Cam is involved with a number of community organizations, most notably St. John Council of Ontario and the 48th Highlanders. He holds two undergraduate degrees (Commerce and International Relations) from the University of Windsor and a combined Masters of Business (Schulich School of Business) and Bachelor of Laws (Osgoode Hall).
Lea M. Hill
Member - Independent Review Committee
Mr. Hill was a leader in capital markets in Canada with more than 35 years of experience. He started his career in the capital markets at Wood Gundy Limited in 1973, when he joined the Fixed Income Credit Analysis Department. In 1986, Mr. Hill moved from the Fixed Income Department to the Marketing Department, initially as a U.S. Equities Specialist, but subsequently specializing in Canadian equities. In 1993, the function of equity marketing to the Canadian retail sales force was spun out of the Marketing Department into a new department, the Equity Advisory Group. He ran the Equity Advisory Group until it was merged with Private Client Investing at the time of the acquisition of the retail sales force of Merrill Lynch Canada in November, 2001. From 2001 to 2011 Mr. Hill was CIBC Wood Gundy's Specialist for Closed-End Funds and Split Share Corporations. In this position he analyzed both structure and governance of these investment vehicles and was the only full time closed-end fund specialist in Canada. He retired from CIBC Wood Gundy in June 2011. Mr. Hill holds a Bachelor of Business Management degree from Ryerson University. Currently, Mr. Hill is President of ACB Tracking Inc., a company that offers a service to accurately calculate the adjusted cost base of Canadian-listed trusts and exchange traded funds where distributions paid may include a return of capital or phantom payments.