Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 54

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 54
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 organized under
the laws of North Carolina and serves as the Fund’s investment adviser. The Investment Adviser is registered with the SEC as an
investment adviser under the Investment Advisers Act of 1940, as amended. The Investment Adviser manages one other closed-end fund with
combined assets under management with the Fund of approximately $2.5 billion, as of December 31, 2024.

Under the general supervision of the Fund’s
Board of Directors, the Investment Adviser carries out the investment and reinvestment of the net assets of the Fund, continuously furnishes
an investment program with respect to the Fund, determines which securities should be purchased, sold or exchanged, and implements such
determinations. The Investment Adviser furnishes to the Fund investment advice and office facilities, equipment and personnel for servicing
the investments of the Fund. The Investment Adviser compensates all Directors and officers of the Fund who are members of the Investment
Adviser’s organization and who render investment services to the Fund, and will also compensate all other Investment Adviser personnel
who provide research and investment services to the Fund. In return for these services, facilities and payments, the Fund has agreed
to pay the Investment Adviser as compensation under the Investment Management Agreement a monthly fee computed at the annual rate of
1.00% of the average weekly net assets of the Fund. The total estimated annual expenses of the Fund are set forth in the section titled
“Summary of Fund Expenses.”

The Board of Directors annually considers the continuance
of the Investment Management Agreement. A discussion regarding the basis for the Board of Directors’ approval on February 7, 2025
of the continuance of the Investment Management Agreement between the Fund and the Investment Adviser will be available in the Fund’s
semi-annual report to Stockholders for the six-month period ended June 30, 2025.

| 40 |

During the last three fiscal years, the Fund paid
the Investment Adviser the following amounts as compensation:

|                        |     | Fiscal                  
 Year Ended December 31, |       2024 |     |   |       2023 |     |   |       2022 |
|:-----------------------|:----|:------------------------|-----------:|:----|:--|-----------:|:----|:--|-----------:|
| Management Fees Earned |     | $                       | 16,943,070 |     | $ | 15,046,683 |     | $