Company: TDBCP
Filing Date: 2025-10-27
Form Type: 424B2
Source: 0001140361-25-039466
Chunk: 6

Company: TORONTO DOMINION BANK
Filing Date: 2025-10-27
Form: 424B2
Chunk 6
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 Track Its NAV. The net asset value (“NAV”) of an ETF, including the Equity Basket Component, may fluctuate with changes in the market value of its Basket Component Constituents. The market values of an ETF may fluctuate in accordance with changes in NAV and supply and demand on the applicable stock exchange(s). Furthermore, the Basket Component Constituents of the Equity Basket Component may be unavailable in the secondary market during periods of market volatility, which may make it difficult for market participants to accurately calculate the intraday NAV per share of the Equity Basket Component and may adversely affect the liquidity and prices of the Equity Basket Component, perhaps significantly. For any of these reasons, the market value of the Equity Basket Component may differ from its NAV per share and may trade at, above or below its NAV per share. Adjustments to the Equity Basket Component Could Adversely Affect the Notes. The Investment Adviser is responsible for calculating and maintaining the Equity Basket Component. The Investment Adviser can add, delete or substitute the Basket Component Constituents of the Equity Basket Component. The Investment Adviser may make other methodological changes to the Equity Basket Component that could change the value of the Equity Basket Component at any time. If one or more of these events occurs, the Closing Value of the Equity Basket Component may be adjusted to reflect such event or events. Consequently, any of these actions could adversely affect the market value of, and return on, the Notes. Changes that Affect the Target Index of the iShares ®MSCI EAFE ETF Will Affect the Market Value of, and Return on, the Notes. The iShares ®MSCI EAFE ETF is an ETF that seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of its Target Index (as specified herein). The policies of Target Index Sponsor concerning the calculation of its Target Index, additions, deletions or substitutions of the components of its Target Index and the manner in which changes affecting those components, such as stock dividends, reorganizations or mergers, may be reflected in its Target Index and, therefore, could adversely affect the return on the Notes and the market value of the Notes prior to maturity. The market value of, and return on, the Notes could also be affected if the Target Index Sponsor changes these policies, for example, by changing the manner in which it calculates its Target Index. Some of the risks that relate to a target index of an ETF include those discussed in the product supplement, which you should review. The Performance