Company: TDBCP
Filing Date: 2025-10-20
Form Type: 424B2
Source: 0001140361-25-038597
Chunk: 12

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-20
Form: 424B2
Chunk 12
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 FEZ is not required to purchase all of the securities represented in the EURO STOXX 50 ® Index. Instead, the FEZ may purchase a subset of the securities in the EURO STOXX 50 ® Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the EUROSTOXX 50 ® Index. The quantity of holdings in the FEZ Fund will be based on a number of factors, including asset size of the FEZ. Based on its analysis of these factors, SSGA FM, either may invest the FEZ’s assets in a subset of securities in underlying index or may invest the FEZ’s assets in substantially all of the securities represented in the EURO STOXX 50 ® Index in approximately the same proportions as the EURO STOXX 50 ® Index. While SSGA FM seeks to track the performance of the EURO STOXX 50 ® Index ( i.e. , achieve a high degree of correlation with the EURO STOXX 50 ® Index), theFEZ’s return may not match the return of the EURO STOXX 50 ® Index. The FEZ incurs a number of operating expenses not applicable to the EURO STOXX 50 ® Index, and incurs costs in buying and selling securities. In addition, the FEZ may not be fully invested at times, generally as a result of cash flows into or out of the FEZ or reserves of cash held by the FEZ to meet redemptions. SSGA FM may attempt to replicate the EURO STOXX 50 ® Index return by investing in fewer than all of the securities in the EURO STOXX 50 ® Index, or in some securities not included in the EURO STOXX 50 ® Index, potentially increasing the risk of divergence between the FEZ’s return and that of the EURO STOXX 50 ® Index. The EURO STOXX 50 ®Index The Euro STOXX 50 Index (“SX5E”) is a capitalization-weighted index of 50 European blue-chip stocks in 11 Eurozone countries. Publication of the SX5E began on February 26, 1998, based on an initial index value of 1,000 at December 31, 1991. The level of the SX5E is disseminated on, and additional information about the SX5E is published on, the STOXX website. Information contained in the STOXX website is not incorporated by reference in