In conservative allocation, the asset allocation is same as in monthly income plans with 20 % allocation to equities. (policybazaar.com)
We also shifted to a more conservative allocation last year to soften the blow on our net worth. (enchumbao.com)
Typically, target date funds will reduce the amount of stocks they hold and increase their bond allocation in a bid for a more conservative allocation over time. (gobankingrates.com)