Company: TDBCP
Filing Date: 2025-04-17
Form Type: 424B2
Source: 0001140361-25-014356
Chunk: 13

Company: TORONTO DOMINION BANK
Filing Date: 2025-04-17
Form: 424B2
Chunk 13
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 may discontinue publication of, the Underlying Fund. The consequences of the sponsor discontinuing publication of the Underlying Fund are discussed in the section entitled “Description of ARNs —Anti-Dilution and Discontinuance Adjustments Relating to Underlying Funds” beginning on page PS-28 of product supplement EQUITY ARN-1. None of us, our affiliates, the calculation agents, MLPF&S or BofAS accepts any responsibility for the calculation, maintenance or publication of the Underlying Fund or any successor Underlying Fund.

| The VanEck®Semiconductor ETF |

The Underlying Fund seeks to replicate, before fees and expenses, the price and yield performance of the MVIS ®US Listed Semiconductor 25 Index (the “Underlying Index”). The Underlying Index is calculated by or on behalf of MV Index Solutions GmbH. The Underlying Index is intended to track the overall performance of companies involved in semiconductor production and equipment. The Underlying Fund is advised by Van Eck. The Underlying Fund commenced trading in December 2011. The Underlying Fund trades on the Nasdaq under the ticker symbol “SMH.” The Underlying Fund normally invests at least 80% of its total assets in securities that comprise the Underlying Index. The Underlying Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Underlying Index by investing in a portfolio of securities that generally replicates the Underlying Index. The Underlying Fund does not seek temporary defensive positions that are inconsistent with the investment objective of seeking to replicate the Underlying Index. Information filed by the Underlying Fund with the SEC can be found by reference to its SEC file numbers: 333-123257 and 811-10325 or its CIK Code: 0001137360. The Underlying Index The Underlying Index includes U.S. listed companies that derive at least 50% (25% for current components) of their revenues from semiconductors. This includes companies engaged primarily in the production of semiconductors and semiconductor equipment. Of the largest 50 stocks in the semiconductor industry by full market capitalization, the top 25 by free-float market capitalization (i.e., includes only shares that are readily available for trading in the market) and three month average daily trading volume are included in the index. The components of this index are reviewed on a semi-annual basis in March and September, and the index typically includes 25 components. The index employs a