Company: TDBCP
Filing Date: 2025-03-17
Form Type: 424B2
Source: 0001140361-25-008983
Chunk: 28

Company: TORONTO DOMINION BANK
Filing Date: 2025-03-17
Form: 424B2
Chunk 28
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 XLF Fund typically invests in substantially all of the securities represented in the target index in approximately the same proportions as the target index. Under normal market conditions, the XLF Fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the target index. In addition, the XLF Fund may invest in cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds (including money market funds advised by SSGA). Shares of the XLF Fund are listed on the NYSE Arca under the ticker symbol “XLF”. Information from outside sources including, but not limited to the prospectus related to the XLF 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 XLF Fund or the target index. Information filed by Select Sector SPDR with the SEC, including the prospectus for the XLF Fund, can be found by reference to its SEC file numbers: 333-57791 and 811-08837 or its CIK Code: 0001064641. Historical Information The graph below illustrates the performance of XLF from March 14, 2015 through March 14, 2025. The dotted lines represent its Call Threshold Value of $48.52, which is equal to 100.00% of its Initial Value, its Contingent Interest Barrier Value of $33.964, which is equal to 70.00% of its Initial Value, and its Barrier Value of $31.538, which is equal to 65.00% of its Initial Value. We obtained the information regarding the historical performance of the Reference Asset in the graph below from Bloomberg. We have not independently verified the accuracy or completeness of the information obtained from Bloomberg. The historical performance of the Reference Asset should not be taken as an indication of its future performance, and no assurance can be given as to the Closing Value of the Reference Asset on any date or that the performance of the Reference Asset will result in a positive return on your initial investment. Financial Select Sector SPDR ®Fund (XLF)

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

PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

| TD SECURITIES (USA) LLC | P-22 |

Material U.S. Federal Income