Company: CLM
Filing Date: 2025-04-21
Form Type: 424B3
Source: 0001398344-25-007380
Chunk: 32

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-21
Form: 424B3
Chunk 32
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 non-hedging, speculative
purposes, the Fund may utilize up to 5% of its net assets to purchase put and call options on securities or stock indices.

Portfolio Investments

Common Stocks

The Fund will invest in common stocks. Common stocks
represent an ownership interest in an issuer. While offering greater potential for long-term growth, common stocks are more volatile
and more risky than some other forms of investment. Common stock prices fluctuate for many reasons, including adverse events, such as
an unfavorable earnings report, changes in investors’ perceptions of the financial condition of an issuer or the general condition
of the relevant stock market, or when political or economic events affecting the issuers occur. In addition, common stock prices may
be sensitive to rising interest rates as the costs of capital rise and borrowing costs increase.

Other Closed-End Investment Companies

The Fund may invest without limitation in other closed-end
investment companies, provided that the Fund limits its investment in securities issued by other investment companies so that not more
than 3% of the outstanding voting stock of any one investment company will be owned by the Fund. There can be no assurance that the investment
objective of any investment company in which the Fund invests will be achieved. Closed-end investment companies are subject to the risks
of investing in the underlying securities. The Fund, as a holder of the securities of the closed-end investment company, will bear its
pro rata portion of the closed-end investment company’s expenses, including advisory fees. These expenses are in addition to the
direct expenses of the Fund’s own operations.

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Exchange Traded Funds

The Fund may invest in ETFs, which are investment
companies that aim to track or replicate a desired index, such as a sector, market or global segment. ETFs are passively managed and
their shares are traded on a national exchange. ETFs do not sell individual shares directly to investors and only issue their shares
in large blocks known as “creation units.” The investor purchasing a creation unit may sell the individual shares on a secondary
market. Therefore, the liquidity of ETFs depends on the adequacy of the secondary market. There can be no assurance that an ETF’s
investment objective will be achieved, as ETFs based on an index may not replicate and maintain exactly the composition and relative
weightings of securities in the index. ETFs are subject to the risks of investing in the underlying securities. The Fund, as a holder
of the securities of the ETF, will bear