Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 57

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 57
---
 properly payable by the Fund. The expenses incident to the Offering
and issuance of Shares to be issued by the Fund will be recorded as a reduction of capital of the Fund attributable to the Shares.

The Fund’s annual operating expenses for the
fiscal year ended December 31, 2024 were approximately $18,600,000. No assurance can be given, in light of the Fund’s investment
objectives and policies, however, that future annual operating expenses will not be substantially more or less than this estimate.

Offering expenses relating to the Fund’s Shares,
estimated at approximately $636,000 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.

<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.