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What is a diversifier?

What is a diversifier? Here are some definitions.

Noun
  1. One who or that which diversifies
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Examples
In addition to its strength as a portfolio diversifier, REITs are attractive from a valuation perspective.
However, these factors do not mean that these areas should be ignored as a diversifier for balanced European exposure within a portfolio.
Is it a great diversifier that can provide excellent returns over the longer term or a busted flush?
On one hand, we expect this fund to be a diversifier within portfolios.
Man AHL Diversity is designed as a portfolio diversifier, aimed at sophisticated UK investors.

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