Company: CLM
Filing Date: 2025-02-21
Form Type: N-2
Source: 0001398344-25-003234
Chunk: 61

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-02-21
Form: N-2
Chunk 61
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 approximately $672,000 will be payable upon completion of the Offering and will be deducted from the proceeds of the Offering.

The Investment Management Agreement authorizes the
Investment Adviser to select brokers or dealers (including affiliates) to arrange for the purchase and sale of Fund securities, including
principal transactions. Any commission, fee or other remuneration paid to an affiliated broker or dealer is paid in compliance with the
Fund’s procedures adopted in accordance with Rule 17e-1 under the 1940 Act.

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<div align='center'>DETERMINATION OF NET ASSET VALUE</div>

The net asset value of shares of the Fund is determined
weekly and on the last business day of each month, as of the close of regular trading on the NYSE American (normally, 4:00 p.m., Eastern
time). In computing net asset value, portfolio securities of the Fund are valued at their current market values determined on the basis
of market quotations. If market quotations are not readily available, securities are valued at fair value as determined by the Investment
Adviser, as the Valuation Designee. The Fund’s investments in closed-end funds or ETFs whose shares are listed on a national securities
exchange are valued using the market price at the close of the NYSE American or such other exchange on which they are listed. Private
funds and non-traded closed-end funds are fair valued based on the Fund’s fair valuation policies and procedures. Fair valuation
involves subjective judgments, and it is possible that the fair value determined for a security may differ materially from the value
that could be realized upon the sale of the security. Non-dollar-denominated securities are valued as of the close of the NYSE American
at the closing price of such securities in their principal trading market, but may be valued at fair value if subsequent events occurring
before the computation of net asset value materially have affected the value of the securities.

Trading may take place in foreign issuers held by
the Fund at times when the Fund is not open for business. As a result, the Fund’s net asset value may change at times when it is
not possible to purchase or sell shares of the Fund. The Fund may use a third party pricing service to assist it in determining the market
value of securities in the Fund’s portfolio. The Fund’s net asset value per Share is calculated by dividing the value of
the Fund’s total assets (the value of the securities the Fund holds plus cash or other