Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 31

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 31
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 securities generally result
in higher transaction costs, including brokerage commissions and related capital gains or losses.

The Fund’s foregoing investment policies may
be changed by the Fund’s Board of Directors without Stockholder vote.

Although the Fund does not anticipate having any
securities lending income during the current calendar year, the Fund may lend the securities that it owns to others, which would allow
the Fund the opportunity to earn additional income. Although the Fund will require the borrower of the securities to post collateral
for the loan in accordance with market practice and the terms of the loan will require that the Fund be able to reacquire the loaned
securities if certain events occur, the Fund is still subject to the risk that the borrower of the securities may default, which could
result in the Fund losing money, which would result in a decline in the Fund’s net asset value.

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The Fund may, from time to time, take temporary defensive
positions that are inconsistent with the Fund’s principal investment strategies in attempting to respond to adverse market, economic,
political or other conditions. During such times, the Fund may temporarily invest up to 100% of its assets in cash or cash equivalents,
including money market instruments, prime commercial paper, repurchase agreements, Treasury bills and other short-term obligations of
the U. S. Government, its agencies or instrumentalities. In these and in other cases, the Fund may not achieve its investment objective.

The Investment Adviser may invest the Fund’s
cash balances in any investments it deems appropriate. Such investments may include, without limitation and as permitted under the 1940
Act, money market funds, U.S. Treasury and U.S. agency securities, municipal bonds, repurchase agreements and bank accounts. Many of
the considerations entering into the Investment Adviser’s recommendations and the portfolio managers’ decisions are subjective.

The Fund has no current intent to use leverage; however,
the Fund reserves the right to utilize limited leverage through issuing preferred shares. The Fund also may borrow money in amounts not
exceeding 10% of its total assets (including the amount borrowed) for temporary or emergency purposes, including the payment of dividends
and the settlement of securities transactions, which otherwise might require untimely dispositions of Fund securities. In addition, the
Fund may incur leverage through the use of investment management techniques (e.g., “uncovered” sales of put and call
options, futures contracts and options on futures contracts). In order to hedge against adverse market shifts and for