Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 85

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 85
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 Fund would own more than 10% of the voting securities of any one issuer.                     |

| 2. | Invest 25% or more of the                                                                                                              
 total value of its assets in a single industry. This restriction does not apply to investments in United States Government securities. |

| 3. | Issue senior securities,                                                                                                           
 borrow or pledge its assets, except that the Fund may borrow from a bank for temporary or emergency purposes or for the clearance  
 of transactions in amounts not exceeding 10% (taken at the lower of cost or current value) of its total assets (not including the  
 amount borrowed) and may also pledge its assets to secure such borrowings. Additional investments will not be made when borrowings 
 exceed 5% of the Fund’s assets.                                                                                                    |

| 4. | Make short sales of securities                
 or maintain a short position in any security. |

| 5. | Purchase securities on                                                                                                                    
 margin, except such short-term credits as may be necessary or routine for the clearance or settlement of transactions and the maintenance 
 of margin with respect to forward contracts or other hedging transactions.                                                                |

| 6. | Underwrite securities of                                                                                                   
 other issuers, except insofar as the Fund may be deemed an underwriter under the 1933 Act in selling portfolio securities. |

| B-1 |

| 7. | Purchase or sell commodities                                                                                                           
 or real estate, except that the Fund may invest in securities secured by real estate or interests in real estate or in securities      
 issued by companies, including real estate investment trusts, that invest in real estate or interests in real estate, and may purchase 
 and sell forward contracts on foreign currencies to the extent permitted under applicable law.                                         |

| 8. | Make investments for the                                                             
 purpose of exercising control over, or management of, the issuers of any securities. |

| 9. | Make loans except insofar        
 as permitted under the 1940 Act. |

<div align='center'>NON-FUNDAMENTAL POLICIES</div>

The following policies of the Fund are non-fundamental
and may be changed by the Fund’s Board of Directors without stockholder vote. Under its non-fundamental restrictions, the Fund
may not:

| 1. | Invest in more than 3%                                   
 of any one investment company’s total outstanding stock. |

| 2. | Invest more than 15% of                              
 its assets in illiquid U.S.