You are entitled to choose how your contributions (including transfer-in monies) and accumulated balances are to be invested. However, if you do not wish to make an investment choice, you do not have to do so. Effective 1 April 2017, in the event of no investment instruction is provided or invalid instruction, all contribution (including transfer-in monies) will be invested in the MPF Default Investment Strategy. The MPF Default Investment Strategy is a ready-made investment strategy investing in two constituent funds, namely the Core Accumulation Fund and the Age 65 Plus Fund. The MPF Default Investment Strategy will manage investment risk exposure by automatically reducing the exposure to higher risk assets as you get older.