Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 84

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 84
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) that involve risks and uncertainties. Forward-looking statements
are excluded from the safe harbor protection provided by Section 27A of the Securities Act of 1933. These statements describe our plans,
strategies and goals and our beliefs and assumptions concerning future economic or other conditions and the outlook for the Fund, based
on currently available information. In this SAI, words such as “anticipates,” “believes,” “expects,”
“objectives,” “goals,” “future,” “intends,” “seeks,” “will,”
“may,” “could,” “should,” and similar expressions are used in an effort to identify forward-looking
statements, although some forward-looking statements may be expressed differently.

The Fund’s actual results could differ materially
from those anticipated in the forward-looking statements because of various risks and uncertainties, including the factors set forth
in the section headed “Risk Factors” in the Fund’s prospectus and elsewhere in the prospectus and this SAI. You should
consider carefully the discussions of risks and uncertainties in the “Risk Factors” section in the prospectus. The forward-looking
statements contained in this SAI are based on information available to the Fund on the date of this SAI, and the Fund assumes no obligation
to update any such forward-looking statements, except as required by law.

<div align='center'>INVESTMENT RESTRICTIONS</div>

The Fund has adopted certain fundamental investment
restrictions that may not be changed without the prior approval of the holders of a majority of the Fund’s outstanding voting securities.
For purposes of the restrictions listed below, all percentage limitations, with the exception of the percentage limitation listed in
2 below, apply immediately after a purchase or initial investment, and any subsequent change in any applicable percentage resulting from
market fluctuations does not require elimination of any security from the Fund’s portfolio. Fund policies which are not fundamental
may be modified by the Board of Directors if, in the reasonable exercise of the Board’s business judgment, modification is determined
to be necessary or appropriate to carry out the Fund’s objective. Under its fundamental restrictions, the Fund may not:

| 1. | With respect to 75% of                                                                                                                    
 its total assets, purchase a security, other than securities issued or guaranteed by the U.S. Government or securities of other regulated 
 investment companies, if as a result of such purchase, more than 5% of the value of that Fund’s total assets would be invested            
 in the securities of any one issuer, or that