Page "Stock fund" Paragraph 10

Example: A fund may have 60 % invested in stocks, 20 % in bonds, and 20 % in cash or money market.

If the stock market is expected to do well, that could switch to 80 % stocks, and 10 % each in both bond and cash investments.

Conversely, if the stock market is expected to perform poorly, the fund would decrease its stock holdings.