Now You Can See How Bad Reports Are
On that same page (link), you see this pie chart.
In this instance, the fund’s exposure breakdown is here, says 80% stocks. The point is that while the pie chart would’ve suggested 80% equites, the portfolio has actually tracked a 60% equity portfolio (40% bonds).
Without crushing you with details, the point here is that the classifications of the pie charts don’t tell you the complete story, you will need to check it yourself, as provided over the past months.
