Fidelity Global Real Estate Fund

I was looking at the Morningstar's Top 10 Funds Ranked by 3 Month Return % and noticed there was actually a Real Estate Fund in the 9th and 10th position. Fidelity Global Real Estate Fund posted a 3 month rate of return of 32% and a YTD of 20.7%

Looking deeper. About 60% of the fund is in International Equities. Geographically, Fidelity is betting heavy in Asia with 50% of the fund committed to this region. This compared to a 2.5% exposure in Canada. (ouch)

Looks like the better deals are across the pond.


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