Company: TDBCP
Filing Date: 2025-09-30
Form Type: 424B2
Source: 0001140361-25-036714
Chunk: 27

Company: TORONTO DOMINION BANK
Filing Date: 2025-09-30
Form: 424B2
Chunk 27
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 portfolio of securities that generally replicates the target index. The GDX Fund normally invests at least 80% of its total assets in securities that comprise the target index and normally invests at least 80% of its total assets in common stocks and depositary receipts of companies involved in the gold mining industry. The GDX Fund may concentrate its investments in a particular industry or group of industries to the extent that the target index concentrates in an industry or group of industries. The GDX Fund may or may not hold all of the securities that are included in the target index. Shares of the GDX Fund are listed on the NYSE Arca under the ticker symbol “GDX”. Information from outside sources including, but not limited to the prospectus related to the GDX Fund and any other website referenced in this section, is not incorporated by reference in, and should not be considered part of, this document or any document incorporated herein by reference. We have not undertaken an independent review or due diligence of any publicly available information with respect to the GDX Fund or the target index. Information filed by VanEck Trust with the SEC, including the prospectus for the GDX Fund, can be found by reference to its SEC file numbers: 333-123257 and 811-10325 or its CIK Code: 0001137360.

| TD SECURITIES (USA) LLC | P-20 |

Historical Information The graph below illustrates the performance of GDX from September 29, 2015 through September 29, 2025. VanEck ®Gold Miners ETF (GDX) PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

| TD SECURITIES (USA) LLC | P-21 |

| SPDR®S&P®Regional Banking ETF |

We have derived all information contained herein regarding the SPDR ®S&P ®Regional Banking ETF (the “KRE Fund”) and the target index, as defined below, from publicly available information. Such information reflects the policies of, and is subject to changes by, the KRE Fund’s investment adviser, SSGA Funds Management, Inc. (“SSGA” or the “investment adviser”) and the index sponsor of the target index, as defined below. The KRE Fund is one of the separate investment portfolios that constitute the SPDR ®Series Trust (“SPDR”). The KRE Fund seeks to provide investment results that correspond generally to the total return performance, before fees and expenses, of the S&P ®Regional Banks Select