Disclosure

Important Consumer Disclosure

Punch & Associates Investment Management, Inc. (“Punch & Associates” or “Punch”) is an SEC registered investment adviser with its principal place of business in the State of Minnesota.  Punch & Associates and its representatives are in compliance with the current registration requirements imposed upon registered investment advisers by those states in which Punch & Associates maintains clients.  Punch & Associates may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements.  This brochure is limited to the dissemination of general information pertaining to its investment advisory/management services.  Any subsequent, direct communication by Punch & Associates with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.  For information pertaining to the registration status of Punch & Associates, please contact Punch & Associates or refer to the Investment Adviser Public Disclosure web site (www.adviserinfo.sec.gov). For additional information about Punch & Associates, including fees and services, send for our disclosure statement as set forth on Form ADV from Punch & Associates using the contact information herein.  Please read the disclosure statement carefully before you invest or send money.

ACCESS TO THIS WEB SITE IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND WITHOUT ANY WARRANTIES, EXPRESSED OR IMPLIED, REGARDING THE ACCURACY, COMPLETENESS, TIMELINESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS WEB SITE OR ANY THIRD PARTY WEB SITE LINKED TO THIS WEB SITE.