Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 29

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 29
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 The net proceeds of the Offering will be invested in accordance
with the Fund’s investment objective and policies (as stated below) as soon as practicable after completion of the Offering and,
to the extent necessary, net proceeds of the Offering will allow the Fund to maintain its Distribution Policy. The Fund currently anticipates
being able to invest a substantial portion of the net proceeds within one month after the completion of the Offering. Pending investment
of the net proceeds in accordance with the Fund’s investment objective and policies, the Fund will invest in money market securities
or money market mutual funds. Investors should expect, therefore, that before the Fund has fully invested the proceeds of the Offering
in accordance with its investment objective and policies, the Fund’s net asset value would earn interest income at a modest rate.
To the extent adequate income is not available, portfolio securities, including those purchased with proceeds of the Offering, may be
sold to meet the amounts distributed under the Fund’s Distribution Policy.

INVESTMENT OBJECTIVE AND POLICIES

Investment Objective

The Fund’s investment objective is to seek
long-term capital appreciation through investment primarily in equity securities of U.S. and non-U.S. companies which Fund management
believes have demonstrated fundamental investment value and favorable growth prospects, as determined by the Investment Adviser. The
Fund’s investment objective and some of its investment policies are considered fundamental policies and may not be changed without
Stockholder approval.

Investment Strategies

The Fund’s portfolio, under normal market conditions,
will consist principally of the equity securities of U.S. and non-U.S. companies. Currently, the Fund primarily invests in companies
with large capitalizations, however, the Fund may invest in companies of all capitalization ranges. The Fund invests in common stocks
and may also invest in preferred stocks, rights, warrants and securities convertible into common stocks that are listed on stock exchanges
or traded over the counter. The Fund may, without limitation, hold cash or invest in assets in money market instruments, including U.S.
and non-U.S. government securities, high grade commercial paper and certificates of deposit and bankers’ acceptances issued by
U.S. and non-U.S. banks having deposits of at least $500 million. In addition, the Fund may engage in hedging transactions to reduce
its company market and currency exchange exposure.

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In determining which securities to buy for the Fund’s
portfolio, the Investment Adviser uses a balanced approach, including “value” and “growth” investing by