Linking Investment Opinions to Actual Solutions

• TD Canadian Equity Index ETF (TTP): To help provide exposure to the broad Canadian equity market in a low-cost passively managed fund.
• TD Canadian Bank Dividend Index ETF (TBNK): The ETF offers investors an opportunity to invest in the largest Canadian banks at currently attractive valuations – using a differentiated weighting approach based on dividend growth.
• TD Q Canadian Dividend ETF (TQCD): This ETF can add quality Canadian dividend-paying companies to your portfolio managed using a tested quantitative methodology that does not sacrifice total returns and includes a strong risk focus to help ensure a well-diversified portfolio.

• TD U.S. Equity Index ETF (TPU): To help provide exposure to the broad U.S. equity market in a low-cost passively managed fund.
• TD Q U.S. Small-Mid-Cap Equity ETF (TQSM): Valuations for small & mid cap stocks is currently attractive, when compared to large cap stocks. TQSM aims to provide exposure to a diversified portfolio of small- and mid-cap U.S. companies. By using a quantitative multi-factor approach which seeks to optimize exposure to stocks that are expected to outperform the market by emphasizing certain style factors.

• TD International Equity Index ETF (TPE): Get exposure to mid- and large-cap stocks in the European, Asian and Far East regions in a low-cost passively managed fund.
• TD Q International Low Volatility ETF (TILV): An ETF of international stocks that utilizes proprietary models which consider the volatility of individual stocks and the correlation between stocks to help create low volatility portfolios that seek to minimize risk.

Alternatives (neutral): Investor appetite within infrastructure remains strong, particularly for energy transition investments and critical infrastructure sectors that tend to generate stable, growing cash flows. In real estate, Canada’s growing demographic profile continues to be supportive of domestic real estate, particularly multi-unit residential. Office properties continue to experience leasing and valuation headwinds and a flight to quality, while fundamentals remain sound across the other property types.

• TD Active Global Infrastructure Equity ETF (TINF): This actively managed ETF invests in publicly listed infrastructure companies from the U.S., Europe, Asia-Pacific and Canada with a focus on not just traditional infrastructure but new age infrastructure as well like servers, payment platforms and exchanges.
• TD Active Global Real Estate Equity ETF (TGRE): An active solution that seeks to provide regular income and growth through investments in real estate companies around the world.

• TD Canadian Aggregate Bond Index ETF (TDB): As the economy slows, invest in government securities in the long end of the curve to take advantage of duration. TDB can be utilized to get broad exposure to Canadian investment grade government and corporate debt.
• TD Select Short Term Corporate Bond Ladder ETF (TCSB): The fund invests in a laddered portfolio of corporate bonds, with 1-5 years of maturity. Leverage the expertise of the TDAM credit team as they actively manage credit and interest rate risk to deliver an optimal bond portfolio.

• TD Select Short Term Corporate Bond Ladder ETF (TCSB): Include this ETF as the short end of a barbell strategy to benefit from higher rates with lower duration.

To view our entire ETF line-up, visit us at td.com/etfs and download our TD ETF Product Guide.

The information contained herein has been provided by TD Asset Management Inc. and is for information purposes only. The information has been drawn from sources believed to be reliable. The information does not provide financial, legal, tax or investment advice. Particular investment, tax, or trading strategies should be evaluated relative to each individual’s objectives and risk tolerance.

Commissions, management fees and expenses all may be associated with investments in exchange-traded funds (ETFs). Please read the prospectus and ETF Facts before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. ETF units are bought and sold at market price on a stock exchange and brokerage commissions will reduce returns.

The TD Wealth Asset Allocation Committee (“WAAC”) is comprised of a diverse group of TD investment professionals. The WAAC’s mandate is to issue quarterly market outlooks which provide its concise view of the upcoming market situation for the next six to eighteen months. The WAAC’s guidance is not a guarantee of future results and actual market events may differ materially from those set out expressly or by implication in the WAAC’s quarterly market outlook. The WAAC market outlook is not a substitute for investment advice.

The TD Canadian Equity Index ETF is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Canada Broad Market Index (CA NTR) is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the TD Canadian Equity Index ETF. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trade mark for the purpose of use in connection with the TD Canadian Equity Index ETF constitutes a recommendation by Solactive AG to invest capital in said TD Canadian Equity Index ETF nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this TD Canadian Equity Index ETF.

The TD U.S. Equity Index ETF is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Solactive AG Indices and/or any trade mark(s) associated with the Solactive AG Indices or the prices of the Solactive AG Indices at any time or in any other respect. The Solactive AG Indices are calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Solactive AG Indices are calculated correctly. Irrespective of its obligations towards TDAM, Solactive AG has no obligation to point out errors in the Solactive AG ndices to third parties including but not limited to investors and/or financial intermediaries of the TD Index ETFs. Neither publication of the Solactive AG Indices by Solactive AG nor the licensing of the Solactive AG Indices or any trade mark(s) associated with the Solactive AG Indices for the purpose of use in connection with the TD Index ETFs constitutes a recommendation by Solactive AG to invest capital in said TD Index ETFs nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in the TD Index ETFs.

The TD Canadian Aggregate Bond Index ETF is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect. The Solactive Broad Canadian Bond Universe TR Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the TD Canadian Aggregate Bond Index ETF. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trade mark for the purpose of use in connection with the TD Canadian Aggregate Bond Index ETF constitutes a recommendation by Solactive AG to invest capital in said TD Canadian Aggregate Bond Index ETF nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this TD Canadian Aggregate Bond Index ETF.

Certain statements in this document may contain forward-looking statements (“FLS”) that are predictive in nature and may include words such as “expects”, “anticipates”, “intends”, “believes”, “estimates” and similar forward-looking expressions or negative versions thereof. FLS are based on current expectations and projections about future general economic, political and relevant market factors, such as interest and foreign exchange rates, equity and capital markets, the general business environment, assuming no changes to tax or other laws or government regulation or catastrophic events. Expectations and projections about future events are inherently subject to risks and uncertainties, which may be unforeseeable. Such expectations and projections may be incorrect in the future. FLS are not guarantees of future performance. Actual events could differ materially from those expressed or implied in any FLS. A number of important factors including those factors set out above can contribute to these digressions. You should avoid placing any reliance on FLS.

TD ETFs are managed by TD Asset Management Inc., a wholly-owned subsidiary of The Toronto-Dominion Bank.

TD Asset Management Inc. is a wholly-owned subsidiary of The Toronto-Dominion Bank.

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