Company: TDBCP
Filing Date: 2025-07-07
Form Type: 424B2
Source: 0001140361-25-025035
Chunk: 14

Company: TORONTO DOMINION BANK
Filing Date: 2025-07-07
Form: 424B2
Chunk 14
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 and mid-capitalization emerging market equities, excluding China, as represented by the MSCI ® Emerging Markets ex China Index SM , its Underlying
    Index.

The Underlying Fund trades on the NYSE Arca under the ticker symbol “EXMC”.

#### Investment Objective and Strategy
The investment advisor of the Underlying Fund, BlackRock Fund Advisors (“BFA”), uses a representative sampling strategy to track the Underlying Index. Representative sampling is an indexing strategy that
    involves investing in a representative sample of securities that collectively has an investment profile similar to that of the Underlying Index. The securities selected are expected to have, in the aggregate, investment characteristics (based on
    factors such as market capitalization and industry weightings), fundamental characteristics (such as return variability and yield) and liquidity measures similar to those of the Underlying Index. The Underlying Fund may or may not hold all of the
    securities that are included in the Underlying Index.

The Underlying Fund generally invests at least 80% of its assets in the securities of the Underlying Index and in American Depositary Receipts or Global Depositary Receipts representing securities of the
    Underlying Index. The Underlying Fund may invest the remainder of its assets in securities, including securities that are not in the Underlying Index, but which BFA believes will help the Underlying Fund track the Underlying Index, and futures
    contracts, options on futures contracts, other types of options and swaps related to the Underlying Index, as well as cash and cash equivalents, including shares of money market funds affiliated with BFA or its affiliates. BFA will waive portfolio
    management fees in an amount equal to the portfolio management fees of such other iShares funds for any portion of the Underlying Fund’s assets invested in shares of such other funds.

#### The MSCI®Emerging Markets ex China IndexSM
The Underlying Index is intended to measure equity market performance in large- and mid-capitalization emerging market equities, excluding China. The Underlying Index is a free float--adjusted market
    capitalization index with a base date of Mar 31, 1987 and an initial value of 1,000. The Underlying Index is calculated daily in U.S. dollars and published in real time every 60 seconds during market trading hours. The Underlying Index has a base value
    of 1,000 and a base date of December 31, 1998.

The Underlying Index is an “MSCI Index