Toronto-based portfolio-management firm Goodman & Co. Investment Counsel Ltd. has announced a portfolio-management change for Viscount Canadian Bond Pool. Effective Feb. 10, Michael McHugh of Goodman & Co. will take over as portfolio advisor of the pool, replacing co-managers Baker Gilmore & Associates Inc. and Beutel Goodman & Co. Ltd. In addition, Goodman & Co. has announced management fee cuts for 14 products in the Viscount Wealth-Management and the Marquis Investment programs. The fee cuts are not related to the fact that management has been brought in-house but rather are an attempt to “capitalize on the existing momentum” of the investment programs, says Simon Hitzig, executive vice president of Toronto-based Dynamic Mutual Funds Ltd. “We’ve been talking about reducing fees for almost a year now and, given our good momentum — and the stiff competition from Franklin Templeton Investments Corp and AGF Funds Inc. — we want to make sure we capitalize on that momentum. We thought fee reductions would be a good first step,” he says. The fee cuts come into effect March 1.