Goodman & Co., Investment Counsel Ltd. on Friday announced a portfolio management change for Viscount Canadian Bond Pool and management fee reductions to 14 products in Viscount Wealth Management and the Marquis Investment Program.

The fee reductions are effective March 1.

Michael McHugh of Goodman & Co. will be portfolio advisor to the Viscount Canadian Bond Pool effective February 10, replacing Baker Gilmore & Associates Inc. and Beutel, Goodman & Co. Ltd. “In addition to benefiting from the proven expertise that has earned Michael McHugh an above-median track record over the long term, unitholders will also enjoy management fee reductions effective March 1, 2006,” said David Goodman, president & CEO.

McHugh, who joined Goodman & Co. in 1996, has 19 years experience in the investment industry, and is responsible for $1.5 billion in assets under management. He is lead manager for Dynamic Income Fund, Dynamic Corporate Bond Fund, Dynamic Real Return Bond Fund, and Dynamic Diversified Real Asset Fund. He is responsible for the bond component of three Dynamic balanced funds and also manages bond mandates for third-party investment programs.

The portfolio advisor change follows a review by Goodman Institutional Investments, responsible for ongoing monitoring and evaluation of the portfolio advisors in all of Goodman & Co.’s portfolio programs, including Viscount and Marquis. Viscount Wealth Management and the Marquis Investment Program have combined assets under management of some $1.4 billion.

For a list of funds and fee reductions, please see the company’s news release.