Overview
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Description
Cornerstone Strategic Investment Fund, Inc. is a diversified, closed-end management investment company focused on achieving long-term capital appreciation. Established in 1987 and managed by Cornerstone Advisors, the fund primarily invests in equity securities of both U.S. and international companies. Its investment strategy employs a balanced approach, targeting "value" and "growth" opportunities without restriction to any particular sector or industry, and seeks out firms with fundamental investment strength and favorable long-term growth prospects. The fund may also allocate assets to other closed-end funds and exchange-traded funds (ETFs), subject to certain portfolio limitations. By operating as a closed-end fund, it differs from traditional open-end mutual funds in that it does not redeem shares upon shareholder request, often allowing for more stable, fully-invested portfolios. Cornerstone Strategic Investment Fund, Inc. plays a role in providing investors access to a broadly diversified portfolio, spanning multiple geographies and industries, with a focus on long-term capital growth objectives.
About
Address
1075 Hendersonville Road
Suite 250
Asheville, 28803, NC
United States
Suite 250
Asheville, 28803, NC
United States
Phone
828 210 8184
Website
Instrument type
Closed-end fund
Country
United States
MIC code
XNYS