Fidelity unveils three Advisor funds

Fidelity Investments today added international real estate, Canada and small cap funds to their Advisor fund roster. Fidelity Advisor International Real Estate, Fidelity Advisor Canada and Fidelity Advisor Small Cap Independence funds will provide financial advisers and their clients with greater diversification across asset classes and geographical areas, Boston-based Fidelity said in a statement. Class A, T, B, C and Institutional shares will be offered through advisers at institutions such as brokerage firms, banks and insurance companies. With the addition of the three funds, Fidelity said it now offers 99 Advisor funds. “Creating a well-diversified portfolio for clients is the primary goal of any successful financial [adviser],” Martha B. Willis, executive vice president at Fidelity Investments Institutional Services Co., said in a statement. “By investing in a range of asset classes and geographical areas, [advisers] can add significant value to a client’s portfolio by mitigating risk through diversification and focusing on long-term investment objectives.”