Company: CLM
Filing Date: 2025-04-08
Form Type: N-2/A
Source: 0001398344-25-006812
Chunk: 88

Company: Cornerstone Strategic Investment Fund, Inc.
Filing Date: 2025-04-08
Form: N-2/A
Chunk 88
---
 FORWARD-LOOKING STATEMENTS                                     | B-1  |
| INVESTMENT RESTRICTIONS                                        | B-1  |
| NON-FUNDAMENTAL POLICIES                                       | B-2  |
| MANAGEMENT                                                     | B-2  |
| EXECUTIVE OFFICERS                                             | B-9  |
| CODE OF ETHICS                                                 | B-13 |
| PROXY VOTING PROCEDURES                                        | B-13 |
| INVESTMENT ADVISORY AND OTHER SERVICES                         | B-14 |
| PORTFOLIO MANAGERS                                             | B-15 |
| ALLOCATION OF BROKERAGE                                        | B-16 |
| CERTAIN MATERIAL UNITED STATES FEDERAL INCOME TAX CONSEQUENCES | B-18 |
| FINANCIAL STATEMENTS                                           | B-25 |
| OTHER INFORMATION                                              | B-25 |
| INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM                  | B-25 |

<div align='center'>FORWARD-LOOKING STATEMENTS</div>

This SAI contains or incorporates by reference “forward-looking
statements” (within the meaning of the federal securities laws) 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