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About TD ACTIVE US ENHANCED DIVID ETF UNITS

The fund seeks to provide income and moderate capital growth through an actively managed portfolio of dividend-paying stocks of issuers located in the US. Using an active fundamental methodology, such issuers are selected for their ability to generate and grow free cash flow, and their efficiency at allocating capital. In addition, TUED will also write covered call options on a portion of its holdings depending on market volatility and other factors. The purpose of writing such options, which may either be exchange-traded or OTC, is to partially hedge against any price decline of the underlying stocks in the fund. TUED may also opt to write cash-covered put options on a small portion of its assets in hopes to: (1) receive premium income, (2) minimize portfolio volatility, and (2) minimize the net purchase cost of its underlying stocks. Lastly, the fund adviser may choose to hedge any or all foreign currency exposure, and 15% of the portfolio may be made up of non-dividend-paying firms.